Josten Ltd
Registered name: JOSTEN LTD
Josten Ltd made £38.3m revenue and £15.6m profit in the year to 31 Dec 2025.
Josten Ltd’s revenue fell 2% to £38.3m in the year to 31 Dec 2025, with £15.6m profit and 38 employees. The company is classified under “activities of other holding companies” and is based in Belfast; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 1 yr · since 2024
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £36.6m | £38.9m | £38.3m |
| Cost of sales | £29.7m | £30.9m | £29.4m |
| Gross profit | £6.9m | £8m | £8.9m |
| Operating profit | £6.8m | £7.4m | £7.5m |
| Profit before tax | £6.6m | £7.6m | £7.8m |
| Profit after tax | £5.5m | £5.3m | £15.6m |
| Profit (best available) | £5.5m | £5.3m | £15.6m |
| Staff costs | £2.3m | £2.3m | £2.8m |
| Employees (average) | 39 | 42 | 38 |
| Ratios | |||
| Profit margin | 14.9% | 13.7% | 40.7% |
| Gross margin | 18.9% | 20.5% | 23.4% |
| Revenue per employee | £939k | £926k | £1m |
| Profit per employee | £140k | £127k | £410k |
| Cash conversion | 106.4% | 122.6% | 117.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.2% | ▼1.6% |
| Profit growth | — | ▼2.3% | ▲191.7% |
| Headcount growth | — | ▲7.7% | ▼9.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6.3m | £8.4m | £1.1m |
| Net assets | £32m | £35.5m | £42.2m |
| Fixed assets | £29.5m | £31.2m | £14.1m |
| Current assets | £12.5m | £12.9m | £1.1m |
| Debtors | £4.3m | £2.9m | £4.1m |
| Cash from operations | £7.2m | £9m | £8.8m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 40.7%
- Profit ÷ revenue.
- Gross margin
- 23.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1m
- Revenue ÷ average employees.
- Profit per employee
- £410k
- Profit ÷ average employees.
- Cash conversion
- 117.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.6%
- 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
- ▲19%
- Now £42.2m
- Cash at bank
- ▼87%
- Now £1.1m
- Headcount
- ▼10%
- Now 38
- Deferred income
- —
- Now —
- Fixed assets
- ▼55%
- Now £14.1m
Group structure
Subsidiaries (1)
- Conexpo (Ni) LimitedRev. £38.1m · Profit £6.6m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £15.6m), 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.