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Company No. 12347891 · Incorporated 4 Dec 2019

Flatout Customs Ltd

Registered name: FLATOUT CUSTOMS LTD

Flatout Customs Ltd made £47.4m revenue and £7.3m profit in the year to 31 Dec 2025.

Flatout Customs Ltd’s revenue grew 5% to £47.4m in the year to 31 Dec 2025, with £7.3m profit and 34 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale tradeSIC 96090Other service activities n.e.c.
Status
Active
Location
London, London
Age
6 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverage
Revenue
£47.4m
Growth ▲5.3%
Profit
£7.3m
Growth ▲18.8%
Profit margin
15.4%
Gross 28.9%
Employees
34
Change ▲3%
Profit / employee
£215k
Revenue/employee £1.4m
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.1m£3.5m£15.7m£45m£47.4m
Cost of sales£1.2m£2.2m£10.3m£32.5m£33.7m
Gross profit£911k£1.3m£5.3m£12.5m£13.7m
Operating profit£643k£980k£3.5m£8.2m£9m
Profit before tax£643k£980k£3.5m£8.2m£9m
Profit after tax£549k£793k£2.6m£6.2m£7.3m
Profit (best available)£549k£793k£2.6m£6.2m£7.3m
Employees (average)79153334
Ratios
Profit margin26.1%23%16.9%13.7%15.4%
Gross margin43.3%37.6%34.1%27.8%28.9%
Revenue per employee£300k£384k£1m£1.4m£1.4m
Profit per employee£78.4k£88.2k£176k£187k£215k
Growth (year on year)
Revenue growth—▲64.2%▲353.6%▲187.3%▲5.3%
Profit growth—▲44.5%▲232.5%▲133.5%▲18.8%
Headcount growth—▲28.6%▲66.7%▲120%▲3%
Balance sheet — indirect signals, not revenue
Cash at bank£239k£300k£752k£1.3m£1m
Net assets£1.7m£2.5m£5.2m£11.3m£18.6m
Fixed assets£967k£1.4m£2.2m£2.8m£3.1m
Current assets£900k£1.4m£4.7m£12.3m£19.8m
Debtors£415k£573k£2.2m£6.4m£10.8m
Deferred income———£9k£12.9k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
15.4%
Profit ÷ revenue.
Gross margin
28.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.4m
Revenue ÷ average employees.
Profit per employee
£215k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
22.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲65%
Now £18.6m
Cash at bank
▼22%
Now £1m
Headcount
▲3%
Now 34
Deferred income
▲43%
Now £12.9k
Fixed assets
▲10%
Now £3.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £7.3m), from the Companies House accounts bulk data published Sep 2026. 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.