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Company No. 07296567 · Incorporated 28 Jun 2010

1994 Inc Ltd

Registered name: 1994 INC LTD

Part of Essilor International S.A.S. group

1994 Inc Ltd made £42.5m revenue and £641k profit in the year to 31 Dec 2024. read from filing text

1994 Inc Ltd’s revenue was £42.5m in the year to 31 Dec 2024, with £641k profit and 35 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores
Status
Active
Location
London, 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 Dec 2024

Key figures

Capital-light
Revenue
£42.5m
Growth —
Profit
£641k
Growth —
Profit margin
1.5%
Gross 38.4%
Employees
35
Change —
Profit / employee
£18.3k
Revenue/employee £1.2m
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 to30 Mar 202431 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£57.9m£42.5m
Cost of sales£30.2m£26.2m
Gross profit£27.7m£16.3m
Operating profit£1.2m£731k
Profit before tax£1.2m£735k
Profit after tax£908k£641k
Profit (best available)£908k£641k
Staff costs£2.4m£1.8m
Employees (average)3335
Ratios
Profit margin1.6%1.5%
Gross margin47.8%38.4%
Revenue per employee£1.8m£1.2m
Profit per employee£27.5k£18.3k
Balance sheet — indirect signals, not revenue
Cash at bank£4.8m£6m
Net assets£13m£13.7m
Fixed assets£184k£172k
Deferred income£957k£569k
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
1.5%
Profit ÷ revenue.
Gross margin
38.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.2m
Revenue ÷ average employees.
Profit per employee
£18.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.3%
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
—
Now £13.7m
Cash at bank
—
Now £6m
Headcount
—
Now 35
Deferred income
—
Now £569k
Fixed assets
—
Now £172k

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

Corporate ownership

Group structure

Ownership chain

  1. Essilor International S.A.S. (registered outside the UK register)ultimate parent75–100%
  2. 1994 Inc Ltdthis 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

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £641k), 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.