How much does Amorim Top Series Scotland Limited make?

Amorim Top Series Scotland Limited reported revenue of £12m and £209k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Amorim Top Series Scotland Limited have?

Amorim Top Series Scotland Limited reported an average of 4 employees in the year to 31 Dec 2024.

Is Amorim Top Series Scotland Limited profitable?

Yes — Amorim Top Series Scotland Limited reported a profit of £209k in the year to 31 Dec 2024.

Company No. SC623489 · Incorporated 6 Mar 2019

Amorim Top Series Scotland Limited

Registered name: AMORIM TOP SERIES SCOTLAND LIMITED

Amorim Top Series Scotland Limited made £12m revenue and £209k profit in the year to 31 Dec 2024.

Amorim Top Series Scotland Limited’s revenue fell 23% to £12m in the year to 31 Dec 2024, with £209k profit and 4 employees. The company is classified under “packaging activities” and is based in Dundee; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82920Packaging activities

Status: Active
Location: Dundee, Scotland
Age: 7 yrs · since 2019
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.

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: “Corticeira Amorim”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamCash flow filed

Revenue

£12m

Growth ▼23.5%

Profit

£209k

Growth ▼58.8%

Profit margin

1.7%

Gross 3.5%

Employees

Change ▲100%

Profit / employee

£52.3k

Revenue/employee £3m

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 to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.7m	£12m
Cost of sales	£14.8m	£11.6m
Gross profit	£845k	£416k
Operating profit	£670k	£287k
Profit before tax	£668k	£272k
Profit after tax	£508k	£209k
Profit (best available)	£508k	£209k
Employees (average)	2	4
Ratios
Profit margin	3.2%	1.7%
Gross margin	5.4%	3.5%
Revenue per employee	£7.8m	£3m
Profit per employee	£254k	£52.3k
Cash conversion	−70%	285.9%
Growth (year on year)
Revenue growth	—	▼23.5%
Profit growth	—	▼58.8%
Headcount growth	—	▲100%
Balance sheet — indirect signals, not revenue
Cash at bank	£83.9k	£888k
Net assets	£1.3m	£1.5m
Current assets	£5.8m	£5.8m
Debtors	£3.3m	£2.6m
Deferred income	£50.6k	£60.3k
Cash from operations	−£469k	£820k
Source	FullAccounts · bulk data Nov 2025	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 3.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3m; Revenue ÷ average employees.
Profit per employee: £52.3k; Profit ÷ average employees.
Cash conversion: 285.9%; 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: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.9%; 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: ▲16%; Now £1.5m
Cash at bank: ▲958%; Now £888k
Headcount: ▲100%; Now 4
Deferred income: ▲19%; Now £60.3k
Fixed assets: —; Now —

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £209k), from the Companies House accounts bulk data published Nov 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.