Euroffice Limited
Registered name: EUROFFICE LIMITED
Part of Darwin Private Equity LLP groupEuroffice Limited made £13m revenue and £1.1m profit in the year to 31 Mar 2025.
Euroffice Limited’s revenue fell 9% to £13m in the year to 31 Mar 2025, with £1.1m profit and 20 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Redhill; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Redhill, South East
- Age
- 26 yrs · since 1999
- 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.
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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.1m | £14.3m | £13m |
| Cost of sales | £9.3m | £8.7m | £8.1m |
| Gross profit | £5.8m | £5.6m | £4.9m |
| Operating profit | £1.6m | £155k | £452k |
| Profit before tax | £1.9m | £707k | £1.1m |
| Profit after tax | £1.9m | £747k | £1.1m |
| Profit (best available) | £1.9m | £747k | £1.1m |
| Staff costs | £2m | £2m | £1.5m |
| Employees (average) | 28 | 24 | 20 |
| Ratios | |||
| Profit margin | 12.4% | 5.2% | 8.3% |
| Gross margin | 38.2% | 39.1% | 38% |
| Revenue per employee | £539k | £594k | £650k |
| Profit per employee | £66.6k | £31.1k | £53.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼5.6% | ▼8.8% |
| Profit growth | — | ▼60% | ▲43.8% |
| Headcount growth | — | ▼14.3% | ▼16.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £533k | £254k |
| Net assets | £8.7m | £9.5m | £10.6m |
| Fixed assets | £4.4m | £4.3m | £3.8m |
| Current assets | £12.7m | £11.8m | £11.5m |
| Debtors | £895k | £765k | £634k |
| Deferred income | £304k | £281k | £349k |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 8.3%
- Profit ÷ revenue.
- Gross margin
- 38%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £650k
- Revenue ÷ average employees.
- Profit per employee
- £53.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 29.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.9%
- 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
- ▲11%
- Now £10.6m
- Cash at bank
- ▼52%
- Now £254k
- Headcount
- ▼17%
- Now 20
- Deferred income
- ▲24%
- Now £349k
- Fixed assets
- ▼11%
- Now £3.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Darwin Private Equity LLPultimate parent50–75%
- Eo Group Ltd75–100%
- Euroffice Holdco 1 Limited75–100%
- Euroffice Holdco 2 Limited75–100%
- Euroffice Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- UK Office Direct LimitedFigures not disclosed
Sister companies (1)
- Office Power LimitedRev. £26.2m · Profit £1.3m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.