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Company No. 06166994 · Incorporated 19 Mar 2007

Suit Supply UK Limited

Registered name: SUIT SUPPLY UK LIMITED

Suit Supply UK Limited made £31.6m revenue and £1.1m profit in the year to 31 Dec 2024. read from filing text

Suit Supply UK Limited’s revenue grew 12% to £31.6m in the year to 31 Dec 2024, with £1.1m profit and 76 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised storesSIC 47910Retail sale via mail order houses or via Internet
Status
Active
Location
London, London
Age
19 yrs · since 2007
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 smallest group in which the results of Suit Supply UK Limited are consolidated is headed by the immediate parent, Suit Supply Holding B.V., with a registered address being Gelrestraat 16, 1079 MZ ”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverageDoing more with less
Revenue
£31.6m
Growth ▲12.1%
Profit
£1.1m
Growth ▲26.6%
Profit margin
3.4%
Gross 29.7%
Employees
76
Change ▼12.6%
Profit / employee
£14.1k
Revenue/employee £416k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£24.3m£28.2m£31.6m
Cost of sales£17.1m£19.2m£22.2m
Gross profit£7.2m£9m£9.4m
Operating profit£502k£887k£1.1m
Profit before tax£557k£1.1m£1.4m
Profit after tax£405k£846k£1.1m
Profit (best available)£405k£846k£1.1m
Employees (average)718776
Ratios
Profit margin1.7%3%3.4%
Gross margin29.6%32%29.7%
Revenue per employee£342k£324k£416k
Profit per employee£5.7k£9.7k£14.1k
Growth (year on year)
Revenue growth—▲16.3%▲12.1%
Profit growth—▲108.7%▲26.6%
Headcount growth—▲22.5%▼12.6%
Balance sheet — indirect signals, not revenue
Cash at bank£855k£877k£955k
Net assets£1.9m£2.8m£3.8m
Fixed assets£580k£1.3m£2.3m
Current assets£3.2m£4.1m£4.2m
Debtors£2.3m£59.6k£151k
Deferred income£169k£147k£133k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
3.4%
Profit ÷ revenue.
Gross margin
29.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£416k
Revenue ÷ average employees.
Profit per employee
£14.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.5%
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
▲39%
Now £3.8m
Cash at bank
▲9%
Now £955k
Headcount
▼13%
Now 76
Deferred income
▼9%
Now £133k
Fixed assets
▲70%
Now £2.3m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Nov 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.