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Company No. 03662925 · Incorporated 5 Nov 1998

Franklin Products Limited

Registered name: FRANKLIN PRODUCTS LIMITED

Franklin Products Limited made £16.3m revenue and £1.2m profit in the year to 31 Dec 2024.

Franklin Products Limited’s revenue grew 31% to £16.3m in the year to 31 Dec 2024, with £1.2m profit and 177 employees. The company is classified under “other manufacturing” and is based in Milton Keynes; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Milton Keynes, South East
Age
27 yrs · since 1998
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£16.3m
Growth ▲31%
Profit
£1.2m
Growth ▲97.7%
Profit margin
7%
Gross 30.6%
Employees
177
Change ▲1.1%
Profit / employee
£6.5k
Revenue/employee £92.2k
Profitable streak
3yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.7m£11.4m£12.5m£16.3m
Cost of sales£4.5m£7.2m£8.4m£11.3m
Gross profit£2.2m£4.3m£4m£5m
Operating profit−£355k£1.5m£489k£1.4m
Profit before tax−£354k£1.5m£491k£1.4m
Profit after tax−£341k£1.3m£582k£1.2m
Profit (best available)−£341k£1.3m£582k£1.2m
Staff costs£1.6m£2.9m£3.1m£3.6m
Employees (average)103154175177
Ratios
Profit margin−5.1%11.6%4.7%7%
Gross margin32.6%37.3%32.2%30.6%
Revenue per employee£65.2k£74.2k£71.2k£92.2k
Profit per employee−£3.3k£8.6k£3.3k£6.5k
Cash conversion—54.9%−78.9%−26.5%
Growth (year on year)
Revenue growth—▲70.1%▲9%▲31%
Profit growth——▼56.2%▲97.7%
Headcount growth—▲49.5%▲13.6%▲1.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.7m£844k£1.3m£1.6m
Net assets−£116k£1.2m£1.8m£2.9m
Fixed assets£154k£107k£93.2k£103k
Current assets£3.8m£5.4m£5m£6.6m
Debtors£857k£2.2m£1.7m£2.9m
Deferred income£355k£545k£472k£563k
Cash from operations£231k£801k−£386k−£379k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
7%
Profit ÷ revenue.
Gross margin
30.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£92.2k
Revenue ÷ average employees.
Profit per employee
£6.5k
Profit ÷ average employees.
Cash conversion
−26.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.8%
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
▲64%
Now £2.9m
Cash at bank
▲25%
Now £1.6m
Headcount
▲1%
Now 177
Deferred income
▲19%
Now £563k
Fixed assets
▲11%
Now £103k

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 Dec 2024 (profit £1.2m), 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.