How much does European Master Pictures Limited make?

European Master Pictures Limited reported revenue of £21.1m and £1.6m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does European Master Pictures Limited have?

European Master Pictures Limited reported an average of 1 employee in the year to 31 Oct 2025.

Is European Master Pictures Limited profitable?

Yes — European Master Pictures Limited reported a profit of £1.6m in the year to 31 Oct 2025.

Company No. 08584470 · Incorporated 25 Jun 2013

European Master Pictures Limited

Registered name: EUROPEAN MASTER PICTURES LIMITED

European Master Pictures Limited made £21.1m revenue and £1.6m profit in the year to 31 Oct 2025. read from filing text

European Master Pictures Limited’s revenue grew 64% to £21.1m in the year to 31 Oct 2025, with £1.6m profit and 1 employee. The company is classified under “retail sale of antiques including antique books in stores” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47791Retail sale of antiques including antique books in stores

Status: Active
Location: London, London
Age: 13 yrs · since 2013
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 Oct 2025

Key figures

IndependentSmall teamCash flow filed

Revenue

£21.1m

Growth ▲64.2%

Profit

£1.6m

Growth ▼22.1%

Profit margin

7.8%

Gross 24.2%

Employees

Change 0%

Profit / employee

£1.6m

Revenue/employee £21.1m

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£9.3m	£16.1m	£12.8m	£21.1m
Cost of sales	£5.9m	£11.7m	£7.6m	£16m
Gross profit	£3.4m	£4.5m	£5.3m	£5.1m
Operating profit	£683k	£4.1m	£4.9m	£4.7m
Profit before tax	£1.2m	£2m	£1.6m	£1.6m
Profit after tax	£1.1m	£1.8m	£2.1m	£1.6m
Profit (best available)	£1.1m	£1.8m	£2.1m	£1.6m
Employees (average)	—	0	1	1
Ratios
Profit margin	11.7%	11%	16.4%	7.8%
Gross margin	36.2%	27.6%	40.9%	24.2%
Revenue per employee	—	—	£12.8m	£21.1m
Profit per employee	—	—	£2.1m	£1.6m
Cash conversion	−225.9%	−10.8%	20.2%	−77%
Growth (year on year)
Revenue growth	—	▲73.2%	▼20.4%	▲64.2%
Profit growth	—	▲63.4%	▲18.4%	▼22.1%
Headcount growth	—	—	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£63.3k	£15.3k	£386	£660
Net assets	£70m	£71.8m	£73.9m	£75.5m
Current assets	£105m	£107m	£110m	£113m
Debtors	£6.4m	£9.4m	£10.6m	£10.1m
Deferred income	£5.8m	£4.8m	£2m	£4.7m
Cash from operations	−£1.5m	−£443k	£988k	−£3.6m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 7.8%; Profit ÷ revenue.
Gross margin: 24.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £21.1m; Revenue ÷ average employees.
Profit per employee: £1.6m; Profit ÷ average employees.
Cash conversion: −77%; 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: 22.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 47.8%; 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: ▲2%; Now £75.5m
Cash at bank: ▲71%; Now £660
Headcount: 0%; Now 1
Deferred income: ▲133%; Now £4.7m
Fixed assets: —; Now —

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £1.6m), from the Companies House accounts bulk data published Aug 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.