Workwear Direct 2016 Ltd
Registered name: WORKWEAR DIRECT 2016 LTD
Workwear Direct 2016 Ltd made £54.4k revenue and £850 profit in the year to 31 Oct 2024.
Workwear Direct 2016 Ltd’s revenue fell 29% to £54.4k in the year to 31 Oct 2024, with £850 profit and 1 employee. The company is classified under “agents involved in the sale of textiles, clothing, fur, footwear and leather goods” and is based in Hinckley; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Hinckley, East Midlands
- Age
- 10 yrs · since 2016
- 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £76.3k | £54.4k |
| Profit after tax | — | £19.2k | £850 |
| Profit (best available) | — | £19.2k | £850 |
| Staff costs | — | £15.8k | £18.4k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | — | 25.2% | 1.6% |
| Revenue per employee | — | £76.3k | £54.4k |
| Profit per employee | — | £19.2k | £850 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼28.7% |
| Profit growth | — | — | ▼95.6% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£17.6k | £2.9k | £3.3k |
| Fixed assets | £5.5k | £0 | £0 |
| Current assets | £32.9k | £173k | £166k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £54.4k
- Revenue ÷ average employees.
- Profit per employee
- £850
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- ▲17%
- Now £3.3k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Similar profitable businesses
- SDN Logistics LtdChippenham · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
- Revenue
- £120k
- Profit
- £3.2k
- Staff
- 1
- Levie LimitedGravesend · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
- Revenue
- £128k
- Profit
- £50
- Staff
- 0
- DNM Merchants LtdBrierley Hill · Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
- Revenue
- £154k
- Profit
- £453
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £850), from the Companies House accounts bulk data published May 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.