Jerseytex Ltd.
Registered name: JERSEYTEX LTD.
Jerseytex Ltd. made £20.1m revenue and a £594k loss in the year to 31 May 2025.
Jerseytex Ltd.’s revenue grew 12% to £20.1m in the year to 31 May 2025, with a loss of £594k and 62 employees. The company is classified under “manufacture of knitted and crocheted fabrics” and is based in Tipton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Tipton, West Midlands
- Age
- 32 yrs · since 1993
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £20.2m | £18m | £20.1m |
| Cost of sales | £16.5m | £15m | £15.9m |
| Gross profit | £3.6m | £3m | £4.2m |
| Operating profit | −£1.2m | £811k | £714k |
| Profit before tax | −£1.6m | £607k | −£443k |
| Profit after tax | −£1.3m | £452k | −£594k |
| Profit (best available) | −£1.3m | £452k | −£594k |
| Staff costs | £1.8m | £1.9m | £1.8m |
| Employees (average) | 68 | 65 | 62 |
| Ratios | |||
| Profit margin | −6.2% | 2.5% | −2.9% |
| Gross margin | 18% | 16.8% | 20.9% |
| Revenue per employee | £297k | £278k | £325k |
| Profit per employee | −£18.4k | £7k | −£9.6k |
| Cash conversion | — | −7.5% | −173.9% |
| Growth (year on year) | |||
| Revenue growth | — | ▼10.6% | ▲11.7% |
| Profit growth | — | — | ▼231.5% |
| Headcount growth | — | ▼4.4% | ▼4.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.4m | £1m | £980k |
| Net assets | £10.6m | £11m | £10.2m |
| Fixed assets | £2.8m | £2.7m | £2.2m |
| Current assets | £18.1m | £17.3m | £15.4m |
| Debtors | £6.9m | £7.8m | £8.4m |
| Deferred income | £443k | £407k | £239k |
| Cash from operations | −£4m | −£60.9k | −£1.2m |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −2.9%
- Profit ÷ revenue.
- Gross margin
- 20.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £325k
- Revenue ÷ average employees.
- Profit per employee
- −£9.6k
- Profit ÷ average employees.
- Cash conversion
- −173.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 41.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼7%
- Now £10.2m
- Cash at bank
- ▼2%
- Now £980k
- Headcount
- ▼5%
- Now 62
- Deferred income
- ▼41%
- Now £239k
- Fixed assets
- ▼20%
- Now £2.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£594k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.