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Company No. 07184535 · Incorporated 10 Mar 2010

Never Fully Dressed Limited

Registered name: NEVER FULLY DRESSED LIMITED

Part of NFD Holdco Limited group

Never Fully Dressed Limited made £3.2m profit in the year to 31 Mar 2025 (revenue not disclosed).

Never Fully Dressed Limited reported £3.2m profit in the year to 31 Mar 2025, up 118% on the year before; its revenue was not disclosed. It had 41 employees. The company is classified under “wholesale of clothing and footwear” and is based in Loughton; we hold 3 years of its filed accounts.

Status
Active
Location
Loughton, London
Age
16 yrs · since 2010
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 2025

Key figures

Cash flow filed
Revenue
—
Not disclosed in filing
Profit
£3.2m
Growth ▲118.3%
Profit margin
—
 
Employees
41
Change ▲13.9%
Profit / employee
£77k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LProfit onlyProfit only
Profit & loss
Revenue (turnover)———
Cost of sales—£11.4m£14m
Profit before tax—£1.6m£3.7m
Profit after tax—£1.4m£3.2m
Profit (best available)—£1.4m£3.2m
Staff costs—£1.9m£2.3m
Employees (average)363641
Ratios
Profit margin———
Profit per employee—£40.2k£77k
Growth (year on year)
Profit growth——▲118.3%
Headcount growth—0%▲13.9%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£4m£4.1m
Net assets£2.8m£4m£6m
Fixed assets£154k£146k£215k
Current assets£4.2m£6.7m£9.5m
Debtors£1m£1.5m£1.6m
Deferred income—£742k£468k
Cash from operations—−£3m−£1.6m
SourceFilletedAccounts · bulk data Nov 2024FilletedAccounts · bulk data Nov 2024FullAccounts · bulk data Mar 2026
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
—
Revenue ÷ average employees.
Profit per employee
£77k
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
▲49%
Now £6m
Cash at bank
▲2%
Now £4.1m
Headcount
▲14%
Now 41
Deferred income
▼37%
Now £468k
Fixed assets
▲47%
Now £215k
Corporate ownership

Group structure

Ownership chain

  1. NFD Holdco Limitedultimate parent75–100%
  2. Never Fully Dressed 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.2m), from the Companies House accounts bulk data published Mar 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.