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.
- 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 ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 71 | 87 | 76 |
| Ratios | |||
| Profit margin | 1.7% | 3% | 3.4% |
| Gross margin | 29.6% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 |
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.
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
Similar profitable businesses
- Saltrock Surfwear LimitedKingston Upon Thames · Retail sale of clothing in specialised stores
- Revenue
- £30.3m
- Profit
- £2.5m
- Staff
- 495
- Vanilla Retail Group LimitedLondon · Retail sale of clothing in specialised stores
- Revenue
- £29.4m
- Profit
- £1.2m
- Staff
- 187
- Calzedonia UK LimitedLondon · Retail sale of clothing in specialised stores
- Revenue
- £34.6m
- Profit
- £922k
- Staff
- 203
- Fitzroy Apparel LimitedST. Agnes · Retail sale of clothing in specialised stores
- Revenue
- £35.1m
- Profit
- £2.4m
- Staff
- 196
- Lucy and Yak LtdBarnsley · Retail sale of clothing in specialised stores
- Revenue
- £35.6m
- Profit
- £545k
- Staff
- 206
- Precedent Retail Group LtdMilton Keynes · Retail sale of clothing in specialised stores
- Revenue
- £28m
- Profit
- £3.1m
- Staff
- 483
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.