How much does The Store X Limited make?

The Store X Limited reported revenue of £10.3m and a loss of £224k in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does The Store X Limited have?

The Store X Limited reported an average of 66 employees in the year to 28 Feb 2025.

Is The Store X Limited profitable?

No — The Store X Limited reported a loss of £224k in the year to 28 Feb 2025.

Company No. 09732245 · Incorporated 13 Aug 2015

The Store X Limited

Registered name: THE STORE X LIMITED

Part of The Vinyl Factory Limited group

The Store X Limited made £10.3m revenue and a £224k loss in the year to 28 Feb 2025.

The Store X Limited’s revenue fell 22% to £10.3m in the year to 28 Feb 2025, with a loss of £224k and 66 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47789Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)SIC 68202Letting and operating of conference and exhibition centres SIC 68209Other letting and operating of own or leased real estate SIC 90040Operation of arts facilities

Status: Active
Location: Lincoln, 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.

Latest accounts · year to 28 Feb 2025

Key figures

Revenue

£10.3m

Growth ▼22.4%

Profit

−£224k

Growth ▼600.5%

Profit margin

−2.2%

Gross 1.9%

Employees

Change ▲11.9%

Profit / employee

−£3.4k

Revenue/employee £156k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£13.3m	£10.3m
Cost of sales	—	—	£12.6m	£10.1m
Gross profit	—	—	£660k	£195k
Operating profit	—	—	£47.2k	−£223k
Profit before tax	—	—	£44.7k	−£224k
Profit after tax	—	—	£44.7k	−£224k
Profit (best available)	—	—	£44.7k	−£224k
Employees (average)	14	38	59	66
Ratios
Profit margin	—	—	0.3%	−2.2%
Gross margin	—	—	5%	1.9%
Revenue per employee	—	—	£225k	£156k
Profit per employee	—	—	£758	−£3.4k
Growth (year on year)
Revenue growth	—	—	—	▼22.4%
Profit growth	—	—	—	▼600.5%
Headcount growth	—	▲171.4%	▲55.3%	▲11.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£9k	£3.6k	£166k	£8.9k
Net assets	−£428k	−£752k	−£707k	−£931k
Fixed assets	£1m	£1.1m	£1.1m	£1.4m
Current assets	£2.2m	£2.7m	£3.7m	£4.8m
Debtors	£145k	£289k	£754k	£621k
Deferred income	—	—	£58.6k	£32k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −2.2%; Profit ÷ revenue.
Gross margin: 1.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £156k; Revenue ÷ average employees.
Profit per employee: −£3.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6%; 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 −£931k
Cash at bank: ▼95%; Now £8.9k
Headcount: ▲12%; Now 66
Deferred income: ▼45%; Now £32k
Fixed assets: ▲20%; Now £1.4m

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

The Vinyl Factory Limitedultimate parent75–100%
The Store X Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (8)

Vinyl Space LimitedRev. £8.2m · Profit −£199k
Alex Eagle Store LimitedFigures not disclosed
Marshall Street Regeneration LimitedRev. — · Profit −£3.5m
Vinyl Factory Manufacturing LimitedFigures not disclosed
Vinyl Factory Music LimitedFigures not disclosed
Vinyl Factory Productions LimitedFigures not disclosed
Vinyl Factory Publishing LtdFigures not disclosed
Vinyl Factory Records LimitedFigures not disclosed

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 28 Feb 2025 (profit −£224k), from the Companies House accounts bulk data published Jun 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.