How many employees does Apparel Brands Limited have?

Apparel Brands Limited reported an average of 52 employees in the year to 29 Jul 2023.

Is Apparel Brands Limited profitable?

Yes — Apparel Brands Limited reported a profit of £2.8m in the year to 29 Jul 2023.

Company No. 09774109 · Incorporated 11 Sep 2015

Apparel Brands Limited

Registered name: APPAREL BRANDS LIMITED

Apparel Brands Limited made £2.8m profit in the year to 29 Jul 2023 (revenue not disclosed).

Apparel Brands Limited reported £2.8m profit in the year to 29 Jul 2023, down 55% on the year before; its revenue was not disclosed. It had 52 employees. The company is classified under “wholesale of clothing and footwear” and is based in Manchester; we hold 2 years of its filed accounts.

Profit onlySection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear

Status: Active
Location: Manchester, North West
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 29 Jul 2023

Key figures

Revenue

—

Not disclosed in filing

Profit

£2.8m

Growth ▼54.7%

Profit margin

—

Employees

Change ▲48.6%

Profit / employee

£53.1k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jul 2022	29 Jul 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Profit after tax	£6.1m	£2.8m
Profit (best available)	£6.1m	£2.8m
Employees (average)	35	52
Ratios
Profit margin	—	—
Profit per employee	£174k	£53.1k
Growth (year on year)
Profit growth	—	▼54.7%
Headcount growth	—	▲48.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£666k	£1.2m
Net assets	£10.4m	£13.1m
Fixed assets	£1.6m	£1.7m
Current assets	£13.9m	£23.4m
Debtors	£4.6m	£7.7m
Deferred income	£932k	£2m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £53.1k; 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.

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: ▲27%; Now £13.1m
Cash at bank: ▲74%; Now £1.2m
Headcount: ▲49%; Now 52
Deferred income: ▲116%; Now £2m
Fixed assets: ▲6%; Now £1.7m

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

True Capital III LPultimate parent50–75%
Garm Topco Ltd75–100%
Garm Midco 1 Ltd75–100%
Garm Midco 2 Ltd75–100%
Garm Bidco Ltd75–100%
Omp Brandco Ltd75–100%
Apparel Brands Limitedthis company

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

Subsidiaries (3)

Bench Fashion LimitedFigures not disclosed
Nicce Fashion LimitedFigures not disclosed
Nicce IP Holdings LtdFigures 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 accounts for the year to 29 Jul 2023 (profit £2.8m), from the Companies House accounts bulk data published Dec 2023. 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.