How much does Apic UK Limited make?

Apic UK Limited reported revenue of £28.3m and £1.3m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Apic UK Limited have?

Apic UK Limited reported an average of 107 employees in the year to 31 Dec 2023.

Is Apic UK Limited profitable?

Yes — Apic UK Limited reported a profit of £1.3m in the year to 31 Dec 2023.

Company No. 05829962 · Incorporated 26 May 2006

Apic UK Limited

Registered name: APIC UK LIMITED

Apic UK Limited made £28.3m revenue and £1.3m profit in the year to 31 Dec 2023.

Apic UK Limited’s revenue grew 47% to £28.3m in the year to 31 Dec 2023, with £1.3m profit and 107 employees. The company is classified under “manufacture of doors and windows of metal” and is based in Essex; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25120Manufacture of doors and windows of metal

Status: In Administration
Location: Essex, East of England
Age: 20 yrs · since 2006
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£28.3m

Growth ▲47.1%

Profit

£1.3m

Growth ▲44.5%

Profit margin

4.6%

Gross 22.6%

Employees

107

Change ▲1.9%

Profit / employee

£12.2k

Revenue/employee £264k

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 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.2m	£28.3m
Cost of sales	£15.2m	£21.9m
Gross profit	£4m	£6.4m
Operating profit	£1.1m	£1.7m
Profit before tax	£954k	£1.3m
Profit after tax	£904k	£1.3m
Profit (best available)	£904k	£1.3m
Employees (average)	105	107
Ratios
Profit margin	4.7%	4.6%
Gross margin	20.9%	22.6%
Revenue per employee	£183k	£264k
Profit per employee	£8.6k	£12.2k
Growth (year on year)
Revenue growth	—	▲47.1%
Profit growth	—	▲44.5%
Headcount growth	—	▲1.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£569k	£420k
Net assets	£3m	£4.3m
Fixed assets	£776k	£951k
Current assets	£10m	£12.8m
Debtors	£8m	£10.7m
Deferred income	£36.6k	£35.9k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 22.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £264k; Revenue ÷ average employees.
Profit per employee: £12.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 37.9%; 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: ▲43%; Now £4.3m
Cash at bank: ▼26%; Now £420k
Headcount: ▲2%; Now 107
Deferred income: ▼2%; Now £35.9k
Fixed assets: ▲22%; Now £951k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.3m), from the Companies House accounts bulk data published Dec 2024. 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.