Fairline Yachts Limited
Registered name: FAIRLINE YACHTS LIMITED
Part of Arrowbolt Propulsion Systems Limited groupFairline 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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 377 | 473 | 539 |
| 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 | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Accounts · bulk data Oct 2024 |
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.
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 —
Group structure
Ownership chain
- Arrowbolt Propulsion Systems Limited (registered outside the UK register)ultimate parent75–100%
- 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).
Similar profitable businesses
- Williams Jet Tenders LimitedBerinsfield Wallingford · Building of pleasure and sporting boats
- Revenue
- £34.9m
- Profit
- £3.7m
- Staff
- 134
- Pearl Yachts LtdWarwick · Building of pleasure and sporting boats
- Revenue
- £29m
- Profit
- £2.9m
- Staff
- 8
- Ribeye Ltd.Dartmouth · Building of pleasure and sporting boats
- Revenue
- £17.5m
- Profit
- £1.6m
- Staff
- 78
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.