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Company No. 03042269 · Incorporated 5 Apr 1995

Garware Hi-Tech Films International Limited

Registered name: GARWARE HI-TECH FILMS INTERNATIONAL LIMITED

Part of Garware Hi-Tech Films Limited group

Garware Hi-Tech Films International Limited made £10.7m revenue and £1.2m profit in the year to 31 Mar 2025. read from filing text

Garware Hi-Tech Films International Limited’s revenue grew 15% to £10.7m in the year to 31 Mar 2025, with £1.2m profit and 9 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
Status
Active
Location
London, London
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. From the filing: “The Company is controlled by Garware Hi-Tech Films Limited (Formerly known as Garware Polyester Limited). The controlling party is a listed company incorporated in India and listed on the Indian Stock”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamCapital-lightOperating leverageCash flow filed
Revenue
£10.7m
Growth ▲15.3%
Profit
£1.2m
Growth ▲57.5%
Profit margin
11.4%
Gross 26.4%
Employees
9
Change 0%
Profit / employee
£136k
Revenue/employee £1.2m
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£9.2m£6.9m£9.3m£10.7m
Cost of sales£7.2m£4.7m£6.8m£7.9m
Gross profit£2m£2.2m£2.5m£2.8m
Operating profit£445k£326k£452k£525k
Profit before tax£829k£1.3m£900k£1.4m
Profit after tax£744k£1.3m£775k£1.2m
Profit (best available)£744k£1.3m£775k£1.2m
Staff costs£1.4m£1.6m£1.8m£2m
Employees (average)8999
Ratios
Profit margin8.1%18.3%8.3%11.4%
Gross margin22%32%26.9%26.4%
Revenue per employee£1.1m£763k£1m£1.2m
Profit per employee£93k£139k£86.1k£136k
Cash conversion−65.5%313.9%−163.9%−81%
Growth (year on year)
Revenue growth—▼25.3%▲35.5%▲15.3%
Profit growth—▲68.6%▼38.2%▲57.5%
Headcount growth—▲12.5%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£2.1m£2m£3.1m£2.1m
Net assets£2m£3.2m£4m£3m
Fixed assets£91.8k£122k£112k£101k
Current assets£2.7m£3.3m£4.4m£3.4m
Debtors£530k£310k£862k£786k
Deferred income£27.6k£22.5k£21.1k£25.6k
Cash from operations−£292k£1m−£741k−£426k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
11.4%
Profit ÷ revenue.
Gross margin
26.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.2m
Revenue ÷ average employees.
Profit per employee
£136k
Profit ÷ average employees.
Cash conversion
−81%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.3%
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
▼24%
Now £3m
Cash at bank
▼34%
Now £2.1m
Headcount
0%
Now 9
Deferred income
▲21%
Now £25.6k
Fixed assets
▼10%
Now £101k

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

  1. Garware Hi-Tech Films Limited (registered outside the UK register)ultimate parent75–100%
  2. Garware Hi-Tech Films International Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 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.