How much does Easylife Limited make?

Easylife Limited reported revenue of £21.9m and a loss of £1.3m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Easylife Limited have?

Easylife Limited reported an average of 56 employees in the year to 31 Dec 2024.

Is Easylife Limited profitable?

No — Easylife Limited reported a loss of £1.3m in the year to 31 Dec 2024.

Company No. 05221840 · Incorporated 3 Sep 2004

Easylife Limited

Registered name: EASYLIFE LIMITED

Easylife Limited made £21.9m revenue and a £1.3m loss in the year to 31 Dec 2024.

Easylife Limited’s revenue fell 9% to £21.9m in the year to 31 Dec 2024, with a loss of £1.3m and 56 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Sheerness; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Sheerness, South East
Age: 22 yrs · since 2004
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 consolidated accounts of Easylife Holdings Limited can be obtained from 26 Station Road, New Barnet, Herts, EN5 1QW.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£21.9m

Growth ▼8.6%

Profit

−£1.3m

Growth —

Profit margin

−5.8%

Gross 4.9%

Employees

Change ▼1.8%

Profit / employee

−£22.7k

Revenue/employee £391k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£37.8m	£25m	£24m	£21.9m
Cost of sales	£35m	£24.3m	£21.8m	£20.8m
Gross profit	£2.8m	£702k	£2.1m	£1.1m
Operating profit	£624k	−£957k	£43.3k	−£1.3m
Profit before tax	£624k	−£962k	£40.3k	−£1.3m
Profit after tax	£732k	−£788k	−£213k	−£1.3m
Profit (best available)	£732k	−£788k	−£213k	−£1.3m
Staff costs	£2.7m	£1.8m	£1.9m	£1.8m
Employees (average)	75	66	57	56
Ratios
Profit margin	1.9%	−3.2%	−0.9%	−5.8%
Gross margin	7.5%	2.8%	8.8%	4.9%
Revenue per employee	£504k	£378k	£420k	£391k
Profit per employee	£9.8k	−£11.9k	−£3.7k	−£22.7k
Cash conversion	100.5%	—	−773.3%	—
Growth (year on year)
Revenue growth	—	▼34%	▼4%	▼8.6%
Profit growth	—	▼207.7%	—	—
Headcount growth	—	▼12%	▼13.6%	▼1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£416k	£420k	£353k
Net assets	£3.6m	£1.9m	£1.6m	£379k
Fixed assets	£159k	£84k	£350k	£257k
Current assets	£7m	£5m	£4.3m	£4.7m
Debtors	£1.1m	£1.5m	£384k	£280k
Cash from operations	£628k	£1.1m	−£335k	£52.2k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −5.8%; Profit ÷ revenue.
Gross margin: 4.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £391k; Revenue ÷ average employees.
Profit per employee: −£22.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; 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: ▼77%; Now £379k
Cash at bank: ▼16%; Now £353k
Headcount: ▼2%; Now 56
Deferred income: —; Now —
Fixed assets: ▼27%; Now £257k

Corporate ownership

Group structure

Subsidiaries (1)

The Rewards Club LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.3m), from the Companies House accounts bulk data published Jan 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.