How much does Cobra Industries Limited make?

Cobra Industries Limited reported revenue of £10.3m and £1.9m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Cobra Industries Limited have?

Cobra Industries Limited reported an average of 48 employees in the year to 31 Dec 2023.

Is Cobra Industries Limited profitable?

Yes — Cobra Industries Limited reported a profit of £1.9m in the year to 31 Dec 2023.

Company No. 03022533 · Incorporated 16 Feb 1995

Cobra Industries Limited

Registered name: COBRA INDUSTRIES LIMITED

Part of RHL Sports Ltd group

Cobra Industries Limited made £10.3m revenue and £1.9m profit in the year to 31 Dec 2023.

Cobra Industries Limited’s revenue fell 5% to £10.3m in the year to 31 Dec 2023, with £1.9m profit and 48 employees. The company is classified under “manufacture of sports goods” and is based in Hertfordshire; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32300Manufacture of sports goods

Status: Active
Location: Hertfordshire, East of England
Age: 31 yrs · since 1995
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

£10.3m

Growth ▼5.5%

Profit

£1.9m

Growth ▼10%

Profit margin

18.2%

Gross 46.9%

Employees

Change ▲4.3%

Profit / employee

£39.2k

Revenue/employee £216k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.9m	£10.3m
Cost of sales	£6m	£5.5m
Gross profit	£4.9m	£4.9m
Operating profit	£2.1m	£1.9m
Profit before tax	£2.1m	£1.9m
Profit after tax	£2.1m	£1.9m
Profit (best available)	£2.1m	£1.9m
Staff costs	£2.9m	£2.9m
Employees (average)	46	48
Ratios
Profit margin	19.1%	18.2%
Gross margin	45.1%	46.9%
Revenue per employee	£238k	£216k
Profit per employee	£45.5k	£39.2k
Cash conversion	−18.4%	−221.6%
Growth (year on year)
Revenue growth	—	▼5.5%
Profit growth	—	▼10%
Headcount growth	—	▲4.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£4.2m
Net assets	£7.8m	£10m
Fixed assets	£708k	£2.6m
Current assets	£8.1m	£9.8m
Debtors	£1.4m	£909k
Deferred income	£34.3k	£40.4k
Cash from operations	−£385k	−£4.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 18.2%; Profit ÷ revenue.
Gross margin: 46.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £216k; Revenue ÷ average employees.
Profit per employee: £39.2k; Profit ÷ average employees.
Cash conversion: −221.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 24.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲28%; Now £10m
Cash at bank: ▲50%; Now £4.2m
Headcount: ▲4%; Now 48
Deferred income: ▲18%; Now £40.4k
Fixed assets: ▲263%; Now £2.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

RHL Sports Ltdultimate parent75–100%
Cobra Industries Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Harrows Game Shot LimitedFigures not disclosed
Paxman Darts LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.9m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.