Passage Trading Services Limited
Registered name: PASSAGE TRADING SERVICES LIMITED
Passage Trading Services Limited made £256k revenue and £14.1k profit in the year to 31 Mar 2026.
Passage Trading Services Limited’s revenue fell 4% to £256k in the year to 31 Mar 2026, with £14.1k profit and 3 employees. The company is classified under “event catering activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £250k | £265k | £256k |
| Cost of sales | −£47.5k | −£54k | −£51k |
| Gross profit | £203k | £211k | £205k |
| Operating profit | £84.8k | £79.1k | £50.3k |
| Profit before tax | £39.4k | £34.4k | £13.5k |
| Profit after tax | £42.7k | £34.4k | £14.1k |
| Profit (best available) | £42.7k | £34.4k | £14.1k |
| Employees (average) | 3 | 4 | 3 |
| Ratios | |||
| Profit margin | 17.1% | 13% | 5.5% |
| Gross margin | 81% | 79.6% | 80% |
| Revenue per employee | £83.4k | £66.3k | £85.2k |
| Profit per employee | £14.2k | £8.6k | £4.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6% | ▼3.6% |
| Profit growth | — | ▼19.5% | ▼59% |
| Headcount growth | — | ▲33.3% | ▼25% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2025 | Accounts · bulk data Nov 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 80%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £85.2k
- Revenue ÷ average employees.
- Profit per employee
- £4.7k
- 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
- ▼25%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- 2 Much Passion C.I.C.Birmingham · Event catering activities
- Revenue
- £250k
- Profit
- £18k
- Staff
- 2
- Flying Pig Catering LtdWarwick · Event catering activities
- Revenue
- £249k
- Profit
- £22.1k
- Staff
- 5
- CBP Catering Ltd.Liverpool · Event catering activities
- Revenue
- £239k
- Profit
- £19k
- Staff
- 3
- Heathcote&co Events LtdSalford · Event catering activities
- Revenue
- £282k
- Profit
- £30.7k
- Staff
- 0
- Elite Catering West London LimitedEaling · Event catering activities
- Revenue
- £290k
- Profit
- £10.7k
- Staff
- 4
- Trades House of Glasgow (Services) LimitedGlasgow · Event catering activities
- Revenue
- £224k
- Profit
- £23.4k
- Staff
- 6
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £14.1k), 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.