How much does Indie Brands Ltd. make?

Indie Brands Ltd. reported revenue of £4.4m and a loss of £299k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Indie Brands Ltd. have?

Indie Brands Ltd. reported an average of 1 employee in the year to 31 Dec 2024.

Is Indie Brands Ltd. profitable?

No — Indie Brands Ltd. reported a loss of £299k in the year to 31 Dec 2024.

Company No. 07751421 · Incorporated 24 Aug 2011

Indie Brands Ltd.

Registered name: INDIE BRANDS LTD.

Indie Brands Ltd. made £4.4m revenue and a £299k loss in the year to 31 Dec 2024.

Indie Brands Ltd.’s revenue fell 58% to £4.4m in the year to 31 Dec 2024, with a loss of £299k and 1 employee. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” 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 46342Wholesale of wine, beer, spirits and other alcoholic beverages

Status: Active
Location: London, London
Age: 15 yrs · since 2011
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCash flow filed

Revenue

£4.4m

Growth ▼58.1%

Profit

−£299k

Growth —

Profit margin

−6.8%

Gross 1.4%

Employees

Change ▼93.3%

Profit / employee

−£299k

Revenue/employee £4.4m

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.5m	£4.4m
Cost of sales	£9.6m	£4.3m
Gross profit	£893k	£59.7k
Operating profit	−£664k	−£316k
Profit before tax	−£805k	−£403k
Profit after tax	−£528k	−£299k
Profit (best available)	−£528k	−£299k
Staff costs	£759k	£32.5k
Employees (average)	15	1
Ratios
Profit margin	−5%	−6.8%
Gross margin	8.5%	1.4%
Revenue per employee	£699k	£4.4m
Profit per employee	−£35.2k	−£299k
Growth (year on year)
Revenue growth	—	▼58.1%
Headcount growth	—	▼93.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£157k	£54.8k
Net assets	£1.4m	£1.1m
Current assets	£4.3m	£2.2m
Debtors	£2.8m	£1.4m
Cash from operations	£309k	−£4.9k
Source	FullAccounts · bulk data Jan 2026	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −6.8%; Profit ÷ revenue.
Gross margin: 1.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.4m; Revenue ÷ average employees.
Profit per employee: −£299k; 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: 32%; 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: ▼21%; Now £1.1m
Cash at bank: ▼65%; Now £54.8k
Headcount: ▼93%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Indie Spirits LimitedFigures 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 FullAccounts for the year to 31 Dec 2024 (profit −£299k), from the Companies House accounts bulk data published Jan 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.