Trade Brokers Limited
Registered name: TRADE BROKERS LIMITED
Trade Brokers Limited made £4.1m revenue and £737k profit in the year to 31 Mar 2024.
Trade Brokers Limited’s revenue grew 5% to £4.1m in the year to 31 Mar 2024, with £737k profit and 17 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in Cardiff; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Cardiff, Wales
- Age
- 7 yrs · since 2019
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2m | £3.9m | £4.1m |
| Cost of sales | £1m | £2.6m | £2.8m |
| Gross profit | £956k | £1.2m | £1.3m |
| Operating profit | £614k | £832k | £910k |
| Profit before tax | £614k | £832k | £910k |
| Profit after tax | £498k | £678k | £737k |
| Profit (best available) | £498k | £678k | £737k |
| Employees (average) | 8 | 14 | 17 |
| Ratios | |||
| Profit margin | 25.1% | 17.4% | 18% |
| Gross margin | 48.2% | 32% | 32.7% |
| Revenue per employee | £248k | £278k | £241k |
| Profit per employee | £62.2k | £48.4k | £43.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲96.3% | ▲5% |
| Profit growth | — | ▲36.3% | ▲8.7% |
| Headcount growth | — | ▲75% | ▲21.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £63.3k | £113k | £189k |
| Net assets | £950k | £1.6m | £2.4m |
| Fixed assets | £736k | £1.1m | £1.5m |
| Current assets | £401k | £749k | £1m |
| Debtors | £244k | £353k | £431k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 18%
- Profit ÷ revenue.
- Gross margin
- 32.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £241k
- Revenue ÷ average employees.
- Profit per employee
- £43.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.5%
- 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
- ▲45%
- Now £2.4m
- Cash at bank
- ▲68%
- Now £189k
- Headcount
- ▲21%
- Now 17
- Deferred income
- —
- Now —
- Fixed assets
- ▲38%
- Now £1.5m
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- Nigel Jones & Paul Bowden LtdLondon · Agents involved in the sale of a variety of goods
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- Profit
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- Autopumps UK LtdMilton Keynes · Agents involved in the sale of a variety of goods
- Revenue
- £3.1m
- Profit
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- Dekarta LtdLondon · Agents involved in the sale of a variety of goods
- Revenue
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- Profit
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- Huggables LimitedLayton Square Blackpool · Agents involved in the sale of a variety of goods
- Revenue
- £2.6m
- Profit
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- Montrex LtdLondon · Agents involved in the sale of a variety of goods
- Revenue
- £7.8m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £737k), from the Companies House accounts bulk data published Jan 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.