FC Capital Limited
Registered name: FC CAPITAL LIMITED
FC Capital Limited made £17.9m revenue and £6m profit in the year to 31 Dec 2024.
FC Capital Limited’s revenue grew 62% to £17.9m in the year to 31 Dec 2024, with £6m profit and 70 employees. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11m | £17.9m |
| Cost of sales | — | — | £2.2m | £5.1m |
| Gross profit | — | — | £8.8m | £12.8m |
| Operating profit | — | — | £5.5m | £6.2m |
| Profit before tax | — | — | £5.6m | £6.4m |
| Profit after tax | £248k | £677k | £4.9m | £6m |
| Profit (best available) | £248k | £677k | £4.9m | £6m |
| Staff costs | — | — | £2m | £3m |
| Employees (average) | 21 | 31 | 47 | 70 |
| Ratios | ||||
| Profit margin | — | — | 44.2% | 33.4% |
| Gross margin | — | — | 80.3% | 71.5% |
| Revenue per employee | — | — | £234k | £255k |
| Profit per employee | £11.8k | £21.9k | £104k | £85.4k |
| Cash conversion | — | — | 335.8% | 349.4% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲62.3% |
| Profit growth | — | ▲173.5% | ▲618.7% | ▲22.8% |
| Headcount growth | — | ▲47.6% | ▲51.6% | ▲48.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £1.6m | £8.4m | £8.6m |
| Net assets | £331k | £1m | £8.5m | £31.4m |
| Fixed assets | £181k | £185k | £226k | £228k |
| Current assets | £15.3m | £29m | £58.2m | £91.6m |
| Debtors | £14.2m | £27.3m | £44.3m | £71.3m |
| Cash from operations | — | — | £18.5m | £21.8m |
| Source | AbridgedAccounts · bulk data Nov 2023 | AbridgedAccounts · bulk data Nov 2023 | AbridgedAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 33.4%
- Profit ÷ revenue.
- Gross margin
- 71.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £255k
- Revenue ÷ average employees.
- Profit per employee
- £85.4k
- Profit ÷ average employees.
- Cash conversion
- 349.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 399%
- 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
- ▲268%
- Now £31.4m
- Cash at bank
- ▲3%
- Now £8.6m
- Headcount
- ▲49%
- Now 70
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £228k
Group structure
Subsidiaries (1)
- Fjewellery LimitedRev. £5.2m · Profit −£1.3m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- E.p.mallory & Son,limitedRetail sale of watches and jewellery in specialised stores
- Revenue
- £17.9m
- Profit
- £2.3m
- Staff
- —
- Joma Jewellery LtdBanbury · Retail sale of watches and jewellery in specialised stores
- Revenue
- £18.1m
- Profit
- £1.2m
- Staff
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- S.j.phillips LimitedLondon · Retail sale of watches and jewellery in specialised stores
- Revenue
- £17.5m
- Profit
- £1.3m
- Staff
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- Robert Gatward Jewellers LimitedNewbury · Retail sale of watches and jewellery in specialised stores
- Revenue
- £18.8m
- Profit
- £2.1m
- Staff
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- Lister Horsfall LimitedHalifax · Retail sale of watches and jewellery in specialised stores
- Revenue
- £14.7m
- Profit
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- Winsor Bishop LimitedMacclesfield · Retail sale of watches and jewellery in specialised stores
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £6m), from the Companies House accounts bulk data published Nov 2025. 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.