Incos Limited
Registered name: INCOS LIMITED
Incos Limited made £35.1m revenue and £2.5m profit in the year to 31 Mar 2025. read from filing text
Incos Limited’s revenue grew 2% to £35.1m in the year to 31 Mar 2025, with £2.5m profit and 42 employees. The company is classified under “other manufacturing” and is based in Harrow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 28 yrs · since 1998
- 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. From the filing: “The Company is a subsidiary of Parfums Vogue Limited, the immediate and ultimate parent company. The registered office of Parfums Vogue Limited is C/o Incos Ltd, 14 Lyon Road, Congress House, 3rd Floo”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £21.2m | £28.6m | £34.6m | £35.1m |
| Cost of sales | £10.8m | £13.5m | £17.4m | £18.6m |
| Gross profit | £10.4m | £15.1m | £17.2m | £16.5m |
| Operating profit | — | — | £4.9m | £3.3m |
| Profit before tax | £1.4m | £3.3m | £4.9m | £3.3m |
| Profit after tax | £1.1m | £2.7m | £3.7m | £2.5m |
| Profit (best available) | £1.1m | £2.7m | £3.7m | £2.5m |
| Staff costs | £1m | £1.3m | £1.6m | £1.7m |
| Employees (average) | 28 | 31 | 44 | 42 |
| Ratios | ||||
| Profit margin | 5.4% | 9.4% | 10.7% | 7.1% |
| Gross margin | 48.9% | 52.9% | 49.7% | 47% |
| Revenue per employee | £757k | £923k | £786k | £837k |
| Profit per employee | £40.9k | £86.6k | £83.9k | £59.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲35.1% | ▲20.8% | ▲1.6% |
| Profit growth | — | ▲134.4% | ▲37.5% | ▼32.1% |
| Headcount growth | — | ▲10.7% | ▲41.9% | ▼4.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £503k | £1.8m | £2.4m | £3.4m |
| Net assets | £4.2m | £6.3m | £9.1m | £10.5m |
| Fixed assets | £99.8k | £73.2k | £68.6k | £91.3k |
| Current assets | £10.2m | £13.4m | £18.7m | £17.5m |
| Debtors | £3.2m | £3.6m | £3.9m | £2.6m |
| Deferred income | £1.5m | £1.4m | £1.5m | £1.5m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 7.1%
- Profit ÷ revenue.
- Gross margin
- 47%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £837k
- Revenue ÷ average employees.
- Profit per employee
- £59.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.4%
- 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
- ▲14%
- Now £10.5m
- Cash at bank
- ▲42%
- Now £3.4m
- Headcount
- ▼5%
- Now 42
- Deferred income
- ▼5%
- Now £1.5m
- Fixed assets
- ▲33%
- Now £91.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.5m), from the Companies House accounts bulk data published Dec 2025. 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.