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.
- Status
- Active
- Location
- Manchester, North West
- Age
- 27 yrs · since 1998
- Type
- Public 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 65 | 66 | 63 | 69 |
| Ratios | ||||
| Profit margin | 1.4% | 3.6% | 1.5% | 0.7% |
| Gross margin | 19.5% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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
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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.