How much does Troy (UK) Limited make?

Troy (UK) Limited reported revenue of £234m and a loss of £2.7m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Troy (UK) Limited have?

Troy (UK) Limited reported an average of 90 employees in the year to 31 Dec 2023.

Is Troy (UK) Limited profitable?

No — Troy (UK) Limited reported a loss of £2.7m in the year to 31 Dec 2023.

Company No. 07311366 · Incorporated 12 Jul 2010

Troy (UK) Limited

Registered name: TROY (UK) LIMITED

Part of Industrial Investments Holdings Limited group

Troy (UK) Limited made £234m revenue and a £2.7m loss in the year to 31 Dec 2023.

Troy (UK) Limited’s revenue grew 3% to £234m in the year to 31 Dec 2023, with a loss of £2.7m and 90 employees. The company is classified under “non-specialised wholesale trade” and is based in Brighton; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: In Administration
Location: Brighton, South East
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 2023

Key figures

Capital-lightCash flow filed

Revenue

£234m

Growth ▲2.8%

Profit

−£2.7m

Growth —

Profit margin

−1.2%

Gross 3.2%

Employees

Change ▲1.1%

Profit / employee

−£30.5k

Revenue/employee £2.6m

Profitable streak

0yrs

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)	£228m	£234m
Cost of sales	£220m	£227m
Gross profit	£7.3m	£7.6m
Operating profit	−£57k	£1m
Profit before tax	−£857k	−£2.8m
Profit after tax	−£1.1m	−£2.7m
Profit (best available)	−£1.1m	−£2.7m
Staff costs	£3.5m	£4.1m
Employees (average)	89	90
Ratios
Profit margin	−0.5%	−1.2%
Gross margin	3.2%	3.2%
Revenue per employee	£2.6m	£2.6m
Profit per employee	−£12.2k	−£30.5k
Cash conversion	—	71.1%
Growth (year on year)
Revenue growth	—	▲2.8%
Headcount growth	—	▲1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£112k
Net assets	£2.4m	£9.2m
Fixed assets	£8.8m	£7.6m
Current assets	£85.3m	£82.3m
Debtors	£32.9m	£30.5m
Deferred income	£854k	£119k
Cash from operations	−£5.1m	£737k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −1.2%; Profit ÷ revenue.
Gross margin: 3.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.6m; Revenue ÷ average employees.
Profit per employee: −£30.5k; Profit ÷ average employees.
Cash conversion: 71.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; 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: 13%; 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: ▲274%; Now £9.2m
Cash at bank: ▼96%; Now £112k
Headcount: ▲1%; Now 90
Deferred income: ▼86%; Now £119k
Fixed assets: ▼14%; Now £7.6m

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

Industrial Investments Holdings Limitedultimate parent75–100%
Troy (UK) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Safe Stock Solutions LimitedLiquidationFigures not disclosed
Trojan Tools LimitedLiquidationFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£2.7m), from the Companies House accounts bulk data published Sep 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.