Repairify UK Ltd.
Registered name: REPAIRIFY UK LTD.
Repairify UK Ltd. made £7.7m revenue and £359k profit in the year to 31 Dec 2022. read from filing text
Repairify UK Ltd.’s revenue grew 44% to £7.7m in the year to 31 Dec 2022, with £359k profit and 28 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Guildford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Guildford, South East
- Age
- 8 yrs · since 2018
- 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 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £5.3m | £7.7m |
| Cost of sales | £1.2m | £932k |
| Gross profit | £4.1m | £6.8m |
| Operating profit | −£55.6k | £753k |
| Profit before tax | −£241k | £505k |
| Profit after tax | −£191k | £359k |
| Profit (best available) | −£191k | £359k |
| Employees (average) | 25 | 28 |
| Ratios | ||
| Profit margin | −3.6% | 4.7% |
| Gross margin | 77.6% | 87.9% |
| Revenue per employee | £214k | £275k |
| Profit per employee | −£7.7k | £12.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲43.8% |
| Headcount growth | — | ▲12% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £71.3k | £149k |
| Net assets | £3.2m | £3.3m |
| Fixed assets | £7.3m | £7.7m |
| Current assets | £1m | £1.4m |
| Debtors | £660k | £875k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 4.7%
- Profit ÷ revenue.
- Gross margin
- 87.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £275k
- Revenue ÷ average employees.
- Profit per employee
- £12.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 100%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.4%
- 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
- ▲1%
- Now £3.3m
- Cash at bank
- ▲109%
- Now £149k
- Headcount
- ▲12%
- Now 28
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £7.7m
Group structure
Subsidiaries (2)
- Red (EU) LimitedFigures not disclosed
- Red Autocentres LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £359k), from the Companies House accounts bulk data published Dec 2023. 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.