How much does Absolute Apparel Limited make?

Absolute Apparel Limited reported revenue of £22.9m and £385k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Absolute Apparel Limited have?

Absolute Apparel Limited reported an average of 43 employees in the year to 31 Dec 2025.

Is Absolute Apparel Limited profitable?

Yes — Absolute Apparel Limited reported a profit of £385k in the year to 31 Dec 2025.

Company No. 05219123 · Incorporated 1 Sep 2004

Absolute Apparel Limited

Registered name: ABSOLUTE APPAREL LIMITED

Absolute Apparel Limited made £22.9m revenue and £385k profit in the year to 31 Dec 2025.

Absolute Apparel Limited’s revenue fell 10% to £22.9m in the year to 31 Dec 2025, with £385k profit and 43 employees. The company is classified under “wholesale of clothing and footwear” and is based in Wolverhampton; we hold 2 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: Wolverhampton, West Midlands
Age: 22 yrs · since 2004
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£22.9m

Growth ▼10.3%

Profit

£385k

Growth ▼69.4%

Profit margin

1.7%

Gross 21.9%

Employees

Change ▲2.4%

Profit / employee

£9k

Revenue/employee £534k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£25.6m	£22.9m
Cost of sales	£20.9m	£17.9m
Gross profit	£4.6m	£5m
Operating profit	£2.1m	£1m
Profit before tax	£1.7m	£519k
Profit after tax	£1.3m	£385k
Profit (best available)	£1.3m	£385k
Staff costs	£1.7m	£1.7m
Employees (average)	42	43
Ratios
Profit margin	4.9%	1.7%
Gross margin	18.1%	21.9%
Revenue per employee	£609k	£534k
Profit per employee	£30k	£9k
Cash conversion	60.5%	−97.1%
Growth (year on year)
Revenue growth	—	▼10.3%
Profit growth	—	▼69.4%
Headcount growth	—	▲2.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£31.9k	£125k
Net assets	£11.9m	£12m
Fixed assets	£8.1m	£8m
Current assets	£20.3m	£21.4m
Debtors	£3.7m	£3.6m
Cash from operations	£1.3m	−£1m
Source	Reports and Financial Statements · bulk data Sep 2026	Reports and Financial Statements · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 21.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £534k; Revenue ÷ average employees.
Profit per employee: £9k; Profit ÷ average employees.
Cash conversion: −97.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 34.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.7%; 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: ▲1%; Now £12m
Cash at bank: ▲292%; Now £125k
Headcount: ▲2%; Now 43
Deferred income: —; Now —
Fixed assets: ▼1%; Now £8m

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Sources

Companies House profile Filing history & original accounts

Latest figures from Reports and Financial Statements for the year to 31 Dec 2025 (profit £385k), 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.