How much does Efab Limited make?

Efab Limited reported revenue of £411k and a loss of £727k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Efab Limited have?

Efab Limited reported an average of 2 employees in the year to 31 Dec 2023.

Is Efab Limited profitable?

No — Efab Limited reported a loss of £727k in the year to 31 Dec 2023.

Company No. SC232360 · Incorporated 5 Jun 2002

Efab Limited

Registered name: EFAB LIMITED

Part of Egroup Services Limited group

Efab Limited made £411k revenue and a £727k loss in the year to 31 Dec 2023.

Efab Limited’s revenue fell 58% to £411k in the year to 31 Dec 2023, with a loss of £727k and 2 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Kingswells; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25110Manufacture of metal structures and parts of structures SIC 42990Construction of other civil engineering projects n.e.c.SIC 43999Other specialised construction activities n.e.c.

Status: Liquidation
Location: Kingswells, Scotland
Age: 24 yrs · since 2002
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “eGroup Services Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£411k

Growth ▼58.1%

Profit

−£727k

Growth ▼171.3%

Profit margin

−177%

Gross −6.1%

Employees

Change ▼50%

Profit / employee

−£363k

Revenue/employee £205k

Profitable streak

0yrs

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£980k	£411k
Cost of sales	£413k	£435k
Gross profit	£567k	−£24.9k
Operating profit	£1m	−£727k
Profit after tax	£1m	−£727k
Profit (best available)	£1m	−£727k
Employees (average)	4	2
Ratios
Profit margin	104%	−177%
Gross margin	57.9%	−6.1%
Revenue per employee	£245k	£205k
Profit per employee	£255k	−£363k
Growth (year on year)
Revenue growth	—	▼58.1%
Profit growth	—	▼171.3%
Headcount growth	—	▼50%
Balance sheet — indirect signals, not revenue
Cash at bank	£19k	£18.3k
Net assets	−£2.6m	−£3.3m
Fixed assets	£278k	£92.7k
Current assets	£2.1m	£1.4m
Debtors	£543k	£292k
Deferred income	£16.4k	£16.6k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −177%; Profit ÷ revenue.
Gross margin: −6.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £205k; Revenue ÷ average employees.
Profit per employee: −£363k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 71.1%; 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: —; Now −£3.3m
Cash at bank: ▼4%; Now £18.3k
Headcount: ▼50%; Now 2
Deferred income: ▲1%; Now £16.6k
Fixed assets: ▼67%; Now £92.7k

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

Corporate ownership

Group structure

Ownership chain

Egroup Services Limitedultimate parent75–100%
Efab Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Eblast LimitedRev. £11.2m · Profit £3.1m
Etest LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£727k), from the Companies House accounts bulk data published Sep 2024. 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.