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Company No. 03689774 · Incorporated 29 Dec 1998

S.R.G. Apparel PLC

Registered name: S.R.G. APPAREL PLC

S.R.G. Apparel PLC made £41.4m revenue and £294k profit in the year to 31 Mar 2026.

S.R.G. Apparel PLC’s revenue grew 1% to £41.4m in the year to 31 Mar 2026, with £294k profit and 69 employees. The company is classified under “wholesale of clothing and footwear” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear
Status
Active
Location
Manchester, North West
Age
27 yrs · since 1998
Type
Public Limited Company
Latest accounts · year to 31 Mar 2026

Key figures

IndependentCapital-lightCash flow filed
Revenue
£41.4m
Growth ▲0.8%
Profit
£294k
Growth ▼53.5%
Profit margin
0.7%
Gross 27.2%
Employees
69
Change ▲9.5%
Profit / employee
£4.3k
Revenue/employee £601k
Profitable streak
4yrs
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 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£44.3m£40.1m£41.1m£41.4m
Cost of sales£35.7m£30.5m£30.9m£30.2m
Gross profit£8.6m£9.6m£10.2m£11.3m
Profit before tax£730k£1.9m£855k£379k
Profit after tax£615k£1.4m£632k£294k
Profit (best available)£615k£1.4m£632k£294k
Staff costs£3.4m£3.7m£5.3m£5.7m
Employees (average)65666369
Ratios
Profit margin1.4%3.6%1.5%0.7%
Gross margin19.5%24%24.8%27.2%
Revenue per employee£682k£607k£653k£601k
Profit per employee£9.5k£21.8k£10k£4.3k
Growth (year on year)
Revenue growth—▼9.5%▲2.5%▲0.8%
Profit growth—▲133.9%▼56.1%▼53.5%
Headcount growth—▲1.5%▼4.5%▲9.5%
Balance sheet — indirect signals, not revenue
Cash at bank£125k£54.4k£93.4k£373k
Net assets£8.7m£10.1m£10.8m£11.1m
Fixed assets£216k£240k£254k£304k
Current assets£18.7m£14.1m£16.6m£18.5m
Debtors£5.4m£4.4m£5.1m£5m
Cash from operations—£6.4m−£146k−£142k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
0.7%
Profit ÷ revenue.
Gross margin
27.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£601k
Revenue ÷ average employees.
Profit per employee
£4.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.1%
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
▲3%
Now £11.1m
Cash at bank
▲299%
Now £373k
Headcount
▲10%
Now 69
Deferred income
—
Now —
Fixed assets
▲20%
Now £304k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £294k), from the Companies House accounts bulk data published Sep 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.