How much does Carnall Farrar Ltd make?

Carnall Farrar Ltd reported revenue of £11.3m and £174k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Carnall Farrar Ltd have?

Carnall Farrar Ltd reported an average of 67 employees in the year to 31 Mar 2025.

Is Carnall Farrar Ltd profitable?

Yes — Carnall Farrar Ltd reported a profit of £174k in the year to 31 Mar 2025.

Company No. 09264497 · Incorporated 15 Oct 2014

Carnall Farrar Ltd

Registered name: CARNALL FARRAR LTD

Carnall Farrar Ltd made £11.3m revenue and £174k profit in the year to 31 Mar 2025.

Carnall Farrar Ltd’s revenue fell 25% to £11.3m in the year to 31 Mar 2025, with £174k profit and 67 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 12 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£11.3m

Growth ▼25.2%

Profit

£174k

Growth ▼10.8%

Profit margin

1.6%

Gross 29.9%

Employees

Change ▼14.1%

Profit / employee

£2.6k

Revenue/employee £168k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.1m	£16.5m	£15.1m	£11.3m
Cost of sales	£10.3m	£13.6m	£12.4m	£7.9m
Gross profit	£3.8m	£2.9m	£2.6m	£3.4m
Operating profit	£1.9m	£798k	£262k	£280k
Profit before tax	£1.9m	£731k	£214k	£235k
Profit after tax	£1.6m	£628k	£196k	£174k
Profit (best available)	£1.6m	£628k	£196k	£174k
Staff costs	£6.2m	£7.9m	£6.7m	£6.5m
Employees (average)	57	76	78	67
Ratios
Profit margin	11.2%	3.8%	1.3%	1.6%
Gross margin	27.1%	17.3%	17.5%	29.9%
Revenue per employee	£248k	£217k	£193k	£168k
Profit per employee	£27.7k	£8.3k	£2.5k	£2.6k
Cash conversion	77.5%	860.5%	−2280%	−209.1%
Growth (year on year)
Revenue growth	—	▲16.6%	▼8.4%	▼25.2%
Profit growth	—	▼60.2%	▼68.8%	▼10.8%
Headcount growth	—	▲33.3%	▲2.6%	▼14.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£7.6m	£394k	£134
Net assets	£1.6m	£1.5m	£1.3m	£985k
Fixed assets	£85.1k	£84.6k	£55.5k	£85.3k
Current assets	£6.9m	£9.2m	£4.9m	£3.4m
Debtors	£2.9m	£1.3m	£3.4m	£1.6m
Deferred income	£2.5m	£3.9m	£1.9m	£301k
Cash from operations	£1.5m	£6.9m	−£6m	−£586k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 29.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £168k; Revenue ÷ average employees.
Profit per employee: £2.6k; Profit ÷ average employees.
Cash conversion: −209.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14%; 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: ▼23%; Now £985k
Cash at bank: ▼100%; Now £134
Headcount: ▼14%; Now 67
Deferred income: ▼84%; Now £301k
Fixed assets: ▲54%; Now £85.3k

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 Mar 2025 (profit £174k), from the Companies House accounts bulk data published Dec 2025. 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.