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Company No. 14625744 · Incorporated 30 Jan 2023

TVC Retrofit Ltd

Registered name: TVC RETROFIT LTD

TVC Retrofit Ltd made £171k revenue and £31.5k profit in the year to 31 Jan 2025.

TVC Retrofit Ltd’s revenue grew 113% to £171k in the year to 31 Jan 2025, with £31.5k profit and 2 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Walsall; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles
Status
Active
Location
Walsall, West Midlands
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall teamYoung and profitableBoring industry
Revenue
£171k
Growth ▲112.7%
Profit
£31.5k
Growth ▼20%
Profit margin
18.4%
 
Employees
2
Change 0%
Profit / employee
£15.7k
Revenue/employee £85.5k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202431 Jan 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£80.4k£171k
Profit after tax£39.4k£31.5k
Profit (best available)£39.4k£31.5k
Staff costs£5.4k£52.3k
Employees (average)22
Ratios
Profit margin49%18.4%
Revenue per employee£40.2k£85.5k
Profit per employee£19.7k£15.7k
Growth (year on year)
Revenue growth—▲112.7%
Profit growth—▼20%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Net assets£20.1k£6k
Fixed assets£12.1k£38.9k
Current assets£19.1k£21.4k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
18.4%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£85.5k
Revenue ÷ average employees.
Profit per employee
£15.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
22.8%
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.
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
▼70%
Now £6k
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
▲221%
Now £38.9k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £31.5k), from the Companies House accounts bulk data published Oct 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.