Able Towing Limited
Registered name: ABLE TOWING LIMITED
Able Towing Limited made £27m revenue and £5.4m profit in the year to 30 Sep 2025. read from filing text
Able Towing Limited’s revenue grew 12% to £27m in the year to 30 Sep 2025, with £5.4m profit and 4 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Atherstone; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Atherstone, West Midlands
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 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) | £19.1m | £21.1m | £24m | £27m |
| Cost of sales | £12m | £13.8m | £15.3m | £16.6m |
| Gross profit | £7.1m | £7.3m | £8.7m | £10.4m |
| Operating profit | £4.5m | £4.9m | £5.6m | £7.1m |
| Profit before tax | £4.5m | £5m | £5.8m | £7.2m |
| Profit after tax | £3.7m | £3.9m | £4.3m | £5.4m |
| Profit (best available) | £3.7m | £3.9m | £4.3m | £5.4m |
| Staff costs | £0 | £0 | £0 | £0 |
| Employees (average) | 4 | 4 | 4 | 4 |
| Ratios | ||||
| Profit margin | 19.4% | 18.4% | 18% | 20% |
| Gross margin | 37.2% | 34.5% | 36.3% | 38.4% |
| Revenue per employee | £4.8m | £5.3m | £6m | £6.7m |
| Profit per employee | £931k | £971k | £1.1m | £1.3m |
| Cash conversion | −17.7% | −65.3% | 35% | −9.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲10.2% | ▲13.7% | ▲12.4% |
| Profit growth | — | ▲4.3% | ▲11.2% | ▲25% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6m | £8.5m | £5.4m | £6.8m |
| Net assets | £18.1m | £18m | £18.3m | £19.7m |
| Fixed assets | £6.1m | £6m | £7m | £6.7m |
| Current assets | £16.6m | £15.2m | £13.7m | £15.8m |
| Debtors | £0 | £0 | £0 | £0 |
| Cash from operations | −£802k | −£3.2m | £2m | −£645k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 20%
- Profit ÷ revenue.
- Gross margin
- 38.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.7m
- Revenue ÷ average employees.
- Profit per employee
- £1.3m
- Profit ÷ average employees.
- Cash conversion
- −9.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲8%
- Now £19.7m
- Cash at bank
- ▲27%
- Now £6.8m
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼4%
- Now £6.7m
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £5.4m), from the Companies House accounts bulk data published Mar 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.