Flavour Warehouse Limited
Registered name: FLAVOUR WAREHOUSE LIMITED
Part of Japan Tobacco Inc. groupFlavour Warehouse Limited made £154m revenue and £10.2m profit in the year to 31 Dec 2025.
Flavour Warehouse Limited’s revenue fell 4% to £154m in the year to 31 Dec 2025, with £10.2m profit and 374 employees. The company is classified under “other manufacturing” and is based in Darwen; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Darwen, North West
- Age
- 12 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £41.8m | £35.2m | £129m | £161m | £154m |
| Cost of sales | £11.4m | £14.9m | £98.9m | −£117m | −£112m |
| Gross profit | £30.4m | £20.3m | £30.5m | £43.3m | £41.4m |
| Operating profit | £22.2m | £10.8m | £15.4m | £19.4m | £14.1m |
| Profit before tax | £27.8m | £11.2m | £15.9m | £20m | £14.5m |
| Profit after tax | £23.7m | £8.5m | £11.9m | £14.4m | £10.2m |
| Profit (best available) | £23.7m | £8.5m | £11.9m | £14.4m | £10.2m |
| Staff costs | £4m | £4.8m | £8m | — | — |
| Employees (average) | 166 | 223 | 239 | 381 | 374 |
| Ratios | |||||
| Profit margin | 56.7% | 24.1% | 9.2% | 8.9% | 6.7% |
| Gross margin | 72.7% | 57.8% | 23.6% | 27% | 27% |
| Revenue per employee | £252k | £158k | £541k | £422k | £411k |
| Profit per employee | £143k | £38k | £49.9k | £37.7k | £27.3k |
| Growth (year on year) | |||||
| Revenue growth | — | ▼16% | ▲268% | — | ▼4.5% |
| Profit growth | — | ▼64.3% | ▲40.9% | — | ▼28.9% |
| Headcount growth | — | ▲34.3% | ▲7.2% | — | ▼1.8% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £10.6m | £3m | £14.3m | — | — |
| Net assets | £47.5m | £48m | £59.9m | — | — |
| Fixed assets | £29.3m | £25.3m | £15.3m | — | — |
| Current assets | £63.9m | £53.3m | £51.8m | — | — |
| Debtors | £13m | £7.3m | £7.6m | — | — |
| Deferred income | £4.3m | £3.7m | £2.6m | — | — |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | Accounts · bulk data Sep 2026 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £411k
- Revenue ÷ average employees.
- Profit per employee
- £27.3k
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼2%
- Now 374
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Japan Tobacco Inc. (registered outside the UK register)ultimate parent50–75%
- Flavour Warehouse Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (8)
- Vapouriz LimitedRev. £35.8m · Profit £4.5m
- Evapo LtdRev. £21.7m · Profit £947k
- Easytek LtdFigures not disclosed
- Premier Retail Holdings LimitedFigures not disclosed
- Premier Vaping LimitedFigures not disclosed
- Total Vapour LtdFigures not disclosed
- Vampire Vape Eliquids LimitedFigures not disclosed
- Vampire Vape LimitedFigures not disclosed
Minority corporate shareholders
- Vintrex Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £10.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.