Armorgard Limited
Registered name: ARMORGARD LIMITED
Part of Armorgard Group Holdings Limited groupArmorgard Limited made £29.8m revenue and £3.5m profit in the year to 31 Dec 2025.
Armorgard Limited’s revenue grew 15% to £29.8m in the year to 31 Dec 2025, with £3.5m profit and 77 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Fareham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fareham, South East
- Age
- 13 yrs · since 2013
- 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.
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.8m | £25m | £26m | £29.8m |
| Cost of sales | £12.2m | £14.5m | £14.8m | £17.9m |
| Gross profit | £7.6m | £10.5m | £11.2m | £11.9m |
| Operating profit | £2.7m | £3.8m | £4.8m | £4.2m |
| Profit before tax | £2.7m | £3.8m | £4.9m | £4.2m |
| Profit after tax | £2.5m | £3.2m | £4.1m | £3.5m |
| Profit (best available) | £2.5m | £3.2m | £4.1m | £3.5m |
| Staff costs | £3.1m | £3.8m | £4.3m | £5.1m |
| Employees (average) | 64 | 62 | 72 | 77 |
| Ratios | ||||
| Profit margin | 12.5% | 12.7% | 15.9% | 11.9% |
| Gross margin | 38.2% | 42.1% | 43.1% | 39.9% |
| Revenue per employee | £309k | £403k | £361k | £387k |
| Profit per employee | £38.7k | £51.3k | £57.3k | £45.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲26.3% | ▲4% | ▲14.6% |
| Profit growth | — | ▲28.3% | ▲29.6% | ▼14.3% |
| Headcount growth | — | ▼3.1% | ▲16.1% | ▲6.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.3m | £2.9m | £1.8m | £901k |
| Net assets | £2m | £2.5m | £3m | £3.7m |
| Fixed assets | £1.1m | £799k | £723k | £823k |
| Current assets | £10.6m | £12.2m | £13.6m | £18.3m |
| Debtors | £3m | £3.2m | £4.3m | £3.9m |
| Deferred income | £618k | £896k | £1.1m | £1.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 11.9%
- Profit ÷ revenue.
- Gross margin
- 39.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £387k
- Revenue ÷ average employees.
- Profit per employee
- £45.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13%
- 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
- ▲24%
- Now £3.7m
- Cash at bank
- ▼50%
- Now £901k
- Headcount
- ▲7%
- Now 77
- Deferred income
- ▲0%
- Now £1.1m
- Fixed assets
- ▲14%
- Now £823k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Armorgard Group Holdings Limitedultimate parent75–100%
- Armorgard Holdings Limited75–100%
- Armorgard 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).
Similar profitable businesses
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- Profit
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- Gouldby Group LimitedNottingham · Manufacture of other fabricated metal products n.e.c.
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- Aero Fabrications LimitedNottingham · Manufacture of other fabricated metal products n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.5m), from the Companies House accounts bulk data published Sep 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.