Flexible Surface Technology Ltd.
Registered name: FLEXIBLE SURFACE TECHNOLOGY LTD.
Part of TDR Capital LLP groupFlexible Surface Technology Ltd. made £1.6m revenue and a £121k loss in the year to 31 Dec 2025.
Flexible Surface Technology Ltd.’s revenue fell 3% to £1.6m in the year to 31 Dec 2025, with a loss of £121k and 20 employees. The company is classified under “treatment and coating of metals” and is based in Livingston; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Livingston
- Age
- 36 yrs · since 1990
- Type
- Private Limited Company
Key figures
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) | £1.4m | £1.6m | £1.6m |
| Cost of sales | −£787k | −£795k | −£863k |
| Gross profit | £642k | £836k | £724k |
| Operating profit | £339k | £6.6k | −£123k |
| Profit before tax | £339k | £6.6k | −£123k |
| Profit after tax | £340k | £3.8k | −£121k |
| Profit (best available) | £340k | £3.8k | −£121k |
| Employees (average) | 22 | 20 | 20 |
| Ratios | |||
| Profit margin | 23.8% | 0.2% | −7.6% |
| Gross margin | 44.9% | 51.3% | 45.6% |
| Revenue per employee | £64.9k | £81.6k | £79.4k |
| Profit per employee | £15.5k | £188 | −£6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲14.2% | ▼2.7% |
| Profit growth | — | ▼98.9% | ▼3319% |
| Headcount growth | — | ▼9.1% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −7.6%
- Profit ÷ revenue.
- Gross margin
- 45.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £79.4k
- Revenue ÷ average employees.
- Profit per employee
- −£6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 20
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TDR Capital LLPultimate parent75–100%
- TDR Capital Nominees 2021 Limited50–75%
- Corpacq Group Limited75–100%
- Corpacq Holdings Limited75–100%
- Corpacq Midco Limited75–100%
- Corpacq Limited75–100%
- Corpacq Finance Limited75–100%
- FMG (Holdings) Limited75–100%
- The Flexible Manufacturing Group Limited75–100%
- Flexible Surface Technology Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Deans Engineering (Livingston) LimitedFigures not disclosed
- Livingston Precision (Engineering) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£121k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 18 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.