Fawkes & Reece Limited
Registered name: FAWKES & REECE LIMITED
Part of Fawkes & Reece Group Limited groupFawkes & Reece Limited made £28m revenue and £10.9k profit in the year to 31 Mar 2025. read from filing text
Fawkes & Reece Limited’s revenue grew 5% to £28m in the year to 31 Mar 2025, with £10.9k profit and 83 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 25 yrs · since 2001
- 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. From the filing: “The parent 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 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £29.6m | £26.7m | £28m |
| Cost of sales | £23.3m | £20.8m | £21.8m |
| Gross profit | £6.4m | £5.9m | £6.2m |
| Operating profit | £1.7m | £1.1m | £348k |
| Profit before tax | £1.4m | £699k | £52.5k |
| Profit after tax | £1.1m | £513k | £10.9k |
| Profit (best available) | £1.1m | £513k | £10.9k |
| Staff costs | £4m | £4.1m | £4.8m |
| Employees (average) | 71 | 69 | 83 |
| Ratios | |||
| Profit margin | 3.8% | 1.9% | 0% |
| Gross margin | 21.5% | 22% | 22.1% |
| Revenue per employee | £417k | £387k | £338k |
| Profit per employee | £15.7k | £7.4k | £131 |
| Growth (year on year) | |||
| Revenue growth | — | ▼9.9% | ▲5.1% |
| Profit growth | — | ▼53.9% | ▼97.9% |
| Headcount growth | — | ▼2.8% | ▲20.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £160k | £46.5k | £106k |
| Net assets | £4.7m | £4.8m | £4.5m |
| Fixed assets | £191k | £151k | £127k |
| Current assets | £12m | £10.4m | £11.3m |
| Debtors | £5.6m | £4.3m | £4.9m |
| Deferred income | £423k | £486k | £716k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 22.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £338k
- Revenue ÷ average employees.
- Profit per employee
- £131
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.5%
- 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
- ▼6%
- Now £4.5m
- Cash at bank
- ▲128%
- Now £106k
- Headcount
- ▲20%
- Now 83
- Deferred income
- ▲48%
- Now £716k
- Fixed assets
- ▼16%
- Now £127k
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
- Fawkes & Reece Group Limitedultimate parent75–100%
- Fawkes & Reece Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Fawkes & Reece (South) LimitedRev. £19.8m · Profit £614k
- Alltek Global LtdFigures not disclosed
- Fawkes & Reece (North) LimitedFigures not disclosed
- Fawkes & Reece (West) LimitedFigures not disclosed
- Venture Contracts Recruitment LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- SR2 Rec LimitedBristol · Other activities of employment placement agencies
- Revenue
- £27.1m
- Profit
- £599k
- Staff
- 65
- Earthstream Global LimitedLondon · Other activities of employment placement agencies
- Revenue
- £29m
- Profit
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- Staff
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- Damia Group LtdGuildford · Other activities of employment placement agencies
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- £26.1m
- Profit
- £295k
- Staff
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- Now Education Group LimitedBirmingham · Other activities of employment placement agencies
- Revenue
- £30.7m
- Profit
- £1.8m
- Staff
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- Shilton Sharpe Quarry LimitedLondon · Other activities of employment placement agencies
- Revenue
- £30.8m
- Profit
- £11.9m
- Staff
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- Gleeson Recruitment LtdBirmingham · Other activities of employment placement agencies
- Revenue
- £31m
- Profit
- £1.3m
- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £10.9k), 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.