How much does Varico Ltd make?

Varico Ltd reported revenue of £2.4m and a loss of £23.2k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Varico Ltd have?

Varico Ltd reported an average of 9 employees in the year to 31 Dec 2025.

Is Varico Ltd profitable?

No — Varico Ltd reported a loss of £23.2k in the year to 31 Dec 2025.

Company No. 05547260 · Incorporated 26 Aug 2005

Varico Ltd

Registered name: VARICO LTD

Part of Palram Industries (1990) Ltd group

Varico Ltd made £2.4m revenue and a £23.2k loss in the year to 31 Dec 2025.

Varico Ltd’s revenue was £2.4m in the year to 31 Dec 2025, with a loss of £23.2k and 9 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials

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 Dec 2025

Key figures

Small teamCapital-light

Revenue

£2.4m

Growth —

Profit

−£23.2k

Growth —

Profit margin

−0.9%

Gross 29.4%

Employees

Change —

Profit / employee

−£2.6k

Revenue/employee £271k

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 Aug 2022	31 Aug 2023	31 Aug 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£2.4m	£2.4m
Cost of sales	—	—	£1.9m	£1.7m
Gross profit	—	—	£485k	£719k
Operating profit	—	—	£190k	−£31.2k
Profit before tax	—	—	£192k	−£28.7k
Profit after tax	—	—	£144k	−£23.2k
Profit (best available)	—	—	£144k	−£23.2k
Employees (average)	8	8	8	9
Ratios
Profit margin	—	—	6%	−0.9%
Gross margin	—	—	20.3%	29.4%
Revenue per employee	—	—	£300k	£271k
Profit per employee	—	—	£18k	−£2.6k
Growth (year on year)
Headcount growth	—	0%	0%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£218k	£166k	£211k	£95.4k
Net assets	£185k	£123k	£138k	£114k
Fixed assets	£27.7k	£19.8k	£17.4k	£13.2k
Current assets	£281k	£221k	£255k	£182k
Debtors	£13.1k	£11.1k	£2.1k	£7.7k
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024	Accounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −0.9%; Profit ÷ revenue.
Gross margin: 29.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £271k; Revenue ÷ average employees.
Profit per employee: −£2.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: —; Now £114k
Cash at bank: —; Now £95.4k
Headcount: —; Now 9
Deferred income: —; Now —
Fixed assets: —; Now £13.2k

Corporate ownership

Group structure

Ownership chain

Palram Industries (1990) Ltd (registered outside the UK register)ultimate parent75–100%
Century Plastics Limited75–100%
Varico Ltdthis company

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

Sister companies (2)

Molan UK (Holdings) LimitedRev. £0 · Profit £1.8m
Able Canopies 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 2025 (profit −£23.2k), 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.