How much does Frimpeks Limited make?

Frimpeks Limited reported revenue of £20.9m and a loss of £1.6m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Frimpeks Limited have?

Frimpeks Limited reported an average of 66 employees in the year to 31 Dec 2024.

Is Frimpeks Limited profitable?

No — Frimpeks Limited reported a loss of £1.6m in the year to 31 Dec 2024.

Company No. 09390816 · Incorporated 15 Jan 2015

Frimpeks Limited

Registered name: FRIMPEKS LIMITED

Part of Frimpeks Kimya Ve Etiket Sanayi Ticaret group

Frimpeks Limited made £20.9m revenue and a £1.6m loss in the year to 31 Dec 2024.

Frimpeks Limited’s revenue fell 4% to £20.9m in the year to 31 Dec 2024, with a loss of £1.6m and 66 employees. The company is classified under “manufacture of other articles of paper and paperboard” and is based in Market Harborough; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17290Manufacture of other articles of paper and paperboard n.e.c.

Status: Active
Location: Market Harborough, East Midlands
Age: 11 yrs · since 2015
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. From the filing: “Controlling party”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£20.9m

Growth ▼4%

Profit

−£1.6m

Growth —

Profit margin

−7.4%

Gross −0.1%

Employees

Change ▼10.8%

Profit / employee

−£23.5k

Revenue/employee £317k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.5m	£21.8m	£20.9m
Cost of sales	£26.6m	£22m	£21m
Gross profit	£2.9m	−£154k	−£30.9k
Operating profit	£1.2m	−£1.8m	−£1.3m
Profit before tax	£1m	−£2.2m	−£1.6m
Profit after tax	£960k	−£3.3m	−£1.6m
Profit (best available)	£960k	−£3.3m	−£1.6m
Staff costs	£3.1m	£3.1m	£3m
Employees (average)	76	74	66
Ratios
Profit margin	3.3%	−15%	−7.4%
Gross margin	9.8%	−0.7%	−0.1%
Revenue per employee	£388k	£295k	£317k
Profit per employee	£12.6k	−£44.1k	−£23.5k
Cash conversion	57.6%	—	—
Growth (year on year)
Revenue growth	—	▼26%	▼4%
Profit growth	—	▼439.9%	—
Headcount growth	—	▼2.6%	▼10.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£429k	£384k	£447k
Net assets	£3.2m	−£48.5k	£937k
Fixed assets	£1.3m	£1.1m	£848k
Current assets	£16.2m	£8.6m	£10.4m
Debtors	£5.7m	£3.4m	£3.8m
Deferred income	£206k	£134k	£249k
Cash from operations	£676k	£98.2k	−£2.4m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −7.4%; Profit ÷ revenue.
Gross margin: −0.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £317k; Revenue ÷ average employees.
Profit per employee: −£23.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: —; Now £937k
Cash at bank: ▲16%; Now £447k
Headcount: ▼11%; Now 66
Deferred income: ▲85%; Now £249k
Fixed assets: ▼23%; Now £848k

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

Corporate ownership

Group structure

Ownership chain

Frimpeks Kimya Ve Etiket Sanayi Ticaret (registered outside the UK register)ultimate parent75–100%
Frimpeks 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.6m), from the Companies House accounts bulk data published Sep 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.