Cobra Industries Limited
Registered name: COBRA INDUSTRIES LIMITED
Part of RHL Sports Ltd groupCobra Industries Limited made £10.3m revenue and £1.9m profit in the year to 31 Dec 2023.
Cobra Industries Limited’s revenue fell 5% to £10.3m in the year to 31 Dec 2023, with £1.9m profit and 48 employees. The company is classified under “manufacture of sports goods” and is based in Hertfordshire; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hertfordshire, East of England
- Age
- 31 yrs · since 1995
- 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.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10.9m | £10.3m |
| Cost of sales | £6m | £5.5m |
| Gross profit | £4.9m | £4.9m |
| Operating profit | £2.1m | £1.9m |
| Profit before tax | £2.1m | £1.9m |
| Profit after tax | £2.1m | £1.9m |
| Profit (best available) | £2.1m | £1.9m |
| Staff costs | £2.9m | £2.9m |
| Employees (average) | 46 | 48 |
| Ratios | ||
| Profit margin | 19.1% | 18.2% |
| Gross margin | 45.1% | 46.9% |
| Revenue per employee | £238k | £216k |
| Profit per employee | £45.5k | £39.2k |
| Cash conversion | −18.4% | −221.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼5.5% |
| Profit growth | — | ▼10% |
| Headcount growth | — | ▲4.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.8m | £4.2m |
| Net assets | £7.8m | £10m |
| Fixed assets | £708k | £2.6m |
| Current assets | £8.1m | £9.8m |
| Debtors | £1.4m | £909k |
| Deferred income | £34.3k | £40.4k |
| Cash from operations | −£385k | −£4.2m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 18.2%
- Profit ÷ revenue.
- Gross margin
- 46.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £216k
- Revenue ÷ average employees.
- Profit per employee
- £39.2k
- Profit ÷ average employees.
- Cash conversion
- −221.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.8%
- 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
- ▲28%
- Now £10m
- Cash at bank
- ▲50%
- Now £4.2m
- Headcount
- ▲4%
- Now 48
- Deferred income
- ▲18%
- Now £40.4k
- Fixed assets
- ▲263%
- Now £2.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- RHL Sports Ltdultimate parent75–100%
- Cobra Industries Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Harrows Game Shot LimitedFigures not disclosed
- Paxman Darts 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 2023 (profit £1.9m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Updated from Companies House on 19 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.