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.
- Status
- Active
- Location
- Walsall, West Midlands
- Age
- 3 yrs · since 2023
- 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 Jan 2024 | 31 Jan 2025 |
|---|---|---|
| Disclosure | Full P&L | Full 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) | 2 | 2 |
| Ratios | ||
| Profit margin | 49% | 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 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Oct 2025 |
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.
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
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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.