Fibo UK Limited
Registered name: FIBO UK LIMITED
Part of Norcros PLC groupFibo UK Limited made £17.8m revenue and £579k profit in the year to 31 Dec 2024. read from filing text
Fibo UK Limited’s revenue grew 1% to £17.8m in the year to 31 Dec 2024, with £579k profit and 29 employees. The company is classified under “non-specialised wholesale trade” and is based in Wilmslow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wilmslow, North West
- Age
- 45 yrs · since 1981
- 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: “Fibo UK Limited is a wholly-owned subsidiary of Fibo Group AS, a company incorporated in Norway and its registered office is Karenslyst allé 53, 0279, Oslo, Norway.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £13.8m | £17.7m | £17.8m |
| Cost of sales | £10.8m | £14.4m | £14.3m |
| Gross profit | £3m | £3.3m | £3.5m |
| Operating profit | £570k | £601k | £611k |
| Profit before tax | £539k | £573k | £579k |
| Profit (best available) | £539k | £573k | £579k |
| Staff costs | £1.3m | £1.5m | £1.6m |
| Employees (average) | 19 | 26 | 29 |
| Ratios | |||
| Profit margin | 3.9% | 3.2% | 3.3% |
| Gross margin | 21.7% | 18.4% | 19.7% |
| Revenue per employee | £727k | £681k | £614k |
| Profit per employee | £28.3k | £22k | £20k |
| Growth (year on year) | |||
| Revenue growth | — | ▲28.2% | ▲0.6% |
| Profit growth | — | ▲6.4% | ▲1% |
| Headcount growth | — | ▲36.8% | ▲11.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.3m | £1.6m | £1.2m |
| Net assets | £2.4m | £857k | £506k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 3.3%
- Profit ÷ revenue.
- Gross margin
- 19.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £614k
- Revenue ÷ average employees.
- Profit per employee
- £20k
- 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
- ▼41%
- Now £506k
- Cash at bank
- ▼24%
- Now £1.2m
- Headcount
- ▲12%
- Now 29
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Norcros PLCultimate parent75–100%
- Norcros Group (Holdings) Limited75–100%
- Norcros Industry (International) Limited75–100%
- Fibo UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Triton Industry LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £579k), from the Companies House accounts bulk data published Sep 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.