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Company No. 09937735 · Incorporated 6 Jan 2016

Fairline Yachts Limited

Registered name: FAIRLINE YACHTS LIMITED

Part of Arrowbolt Propulsion Systems Limited group

Fairline Yachts Limited made £41.1m revenue and a £21.7m loss in the year to 31 Dec 2023.

Fairline Yachts Limited’s revenue fell 15% to £41.1m in the year to 31 Dec 2023, with a loss of £21.7m and 539 employees. The company is classified under “building of pleasure and sporting boats” and is based in Brighton; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 30120Building of pleasure and sporting boats
Status
In Administration
Location
Brighton, South East
Age
10 yrs · since 2016
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: “Fairline Yachts Holding Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
£41.1m
Growth ▼15%
Profit
−£21.7m
Growth —
Profit margin
−52.7%
Gross −16.4%
Employees
539
Change ▲14%
Profit / employee
−£40.2k
Revenue/employee £76.2k
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 to31 Dec 202131 Dec 202231 Dec 2023
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£31.1m£48.3m£41.1m
Cost of sales£32.3m£52.4m−£47.8m
Gross profit−£1.2m−£4.1m−£6.7m
Operating profit−£16.8m−£17.2m−£19.9m
Profit before tax−£18.3m−£18.1m−£21.7m
Profit after tax−£17.7m−£18.1m−£21.7m
Profit (best available)−£17.7m−£18.1m−£21.7m
Staff costs£14.7m£19.3m—
Employees (average)377473539
Ratios
Profit margin−56.8%−37.5%−52.7%
Gross margin−3.8%−8.4%−16.4%
Revenue per employee£82.5k£102k£76.2k
Profit per employee−£46.9k−£38.3k−£40.2k
Growth (year on year)
Revenue growth—▲55.4%▼15%
Headcount growth—▲25.5%▲14%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£490k—
Net assets£42k−£18.1m—
Fixed assets£7.1m£7m—
Current assets£22.1m£19.1m—
Debtors£459k£602k—
Deferred income£13.5m£16.1m—
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023Accounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
−52.7%
Profit ÷ revenue.
Gross margin
−16.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£76.2k
Revenue ÷ average employees.
Profit per employee
−£40.2k
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
—
Now —
Cash at bank
—
Now —
Headcount
▲14%
Now 539
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Arrowbolt Propulsion Systems Limited (registered outside the UK register)ultimate parent75–100%
  2. Fairline Yachts 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2023 (profit −£21.7m), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.

Updated from Companies House on 19 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.