How much does Needlers Limited make?

Needlers Limited reported revenue of £0 and a loss of £1 in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Needlers Limited have?

Needlers Limited reported an average of 3 employees in the year to 31 Mar 2024.

Is Needlers Limited profitable?

No — Needlers Limited reported a loss of £1 in the year to 31 Mar 2024.

Company No. 05536210 · Incorporated 15 Aug 2005

Needlers Limited

Registered name: NEEDLERS LIMITED

Part of RS Group PLC group

Needlers Limited made £0 revenue and a £1 loss in the year to 31 Mar 2024.

Needlers Limited’s revenue fell 100% to £0 in the year to 31 Mar 2024, with a loss of £1 and 3 employees. The company is classified under “wholesale of clothing and footwear” and is based in London; 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: London, London
Age: 21 yrs · since 2005
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.

Latest accounts · year to 31 Mar 2024

Key figures

Small team

Revenue

£0

Growth ▼100%

Profit

−£1

Growth ▼100%

Profit margin

—

Employees

Change ▼94.5%

Profit / employee

£0

Revenue/employee £0

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£25.3m	£0
Cost of sales	£18.2m	£0
Gross profit	£7m	£0
Operating profit	£3.3m	£0
Profit before tax	£37.4m	−£1
Profit after tax	£36.7m	−£1
Profit (best available)	£36.7m	−£1
Staff costs	£2.5m	£0
Employees (average)	55	3
Ratios
Profit margin	145%	—
Gross margin	27.9%	—
Revenue per employee	£460k	£0
Profit per employee	£666k	£0
Growth (year on year)
Revenue growth	—	▼100%
Profit growth	—	▼100%
Headcount growth	—	▼94.5%
Balance sheet — indirect signals, not revenue
Net assets	£53.6m	£53.6m
Debtors	£53.7m	£53.7m
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: £0; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: 0%; Now £53.6m
Cash at bank: —; Now —
Headcount: ▼95%; Now 3
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

RS Group PLCultimate parent50–75%
RS Group International Holdings Limited75–100%
Needlers Holdings Limited75–100%
Needlers Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£1), from the Companies House accounts bulk data published Mar 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.