How much does Tourvest Duty Free (UK) Limited make?

Tourvest Duty Free (UK) Limited reported revenue of £26m and £1.2m profit in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Tourvest Duty Free (UK) Limited have?

Tourvest Duty Free (UK) Limited reported an average of 33 employees in the year to 31 Aug 2025.

Is Tourvest Duty Free (UK) Limited profitable?

Yes — Tourvest Duty Free (UK) Limited reported a profit of £1.2m in the year to 31 Aug 2025.

Company No. 05034988 · Incorporated 5 Feb 2004

Tourvest Duty Free (UK) Limited

Registered name: TOURVEST DUTY FREE (UK) LIMITED

Tourvest Duty Free (UK) Limited made £26m revenue and £1.2m profit in the year to 31 Aug 2025.

Tourvest Duty Free (UK) Limited’s revenue grew 21% to £26m in the year to 31 Aug 2025, with £1.2m profit and 33 employees. The company is classified under “other retail sale not in stores, stalls or markets” and is based in Feltham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47990Other retail sale not in stores, stalls or markets

Status: Active
Location: Feltham, London
Age: 22 yrs · since 2004
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 immediate parent company is Tourvest Holdings (Pty) Ltd, a company incorporated in South Africa. Tourvest Holdings (Pty) Ltd is a 100% subsidiary of Tourvest Group (Pty) Ltd. Tourvest Group (Pty) ”

Latest accounts · year to 31 Aug 2025

Key figures

Doing more with less

Revenue

£26m

Growth ▲20.8%

Profit

£1.2m

Growth ▼55.5%

Profit margin

4.5%

Gross 68%

Employees

Change ▼19.5%

Profit / employee

£35.5k

Revenue/employee £788k

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 to	31 Aug 2022	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Profit only	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£14.3m	£21.5m	£26m
Cost of sales	—	£4.4m	£6.7m	£8.3m
Gross profit	—	£9.9m	£14.8m	£17.7m
Operating profit	—	£4.1m	£4m	£1.9m
Profit before tax	—	£3.4m	£3.5m	£1.6m
Profit after tax	£1m	£4.1m	£2.6m	£1.2m
Profit (best available)	£1m	£4.1m	£2.6m	£1.2m
Staff costs	£1.9m	£2.4m	—	—
Employees (average)	31	35	41	33
Ratios
Profit margin	—	28.4%	12.2%	4.5%
Gross margin	—	69.4%	68.7%	68%
Revenue per employee	—	£409k	£525k	£788k
Profit per employee	£33k	£116k	£64.1k	£35.5k
Growth (year on year)
Revenue growth	—	—	▲50.3%	▲20.8%
Profit growth	—	▲298.8%	▼35.5%	▼55.5%
Headcount growth	—	▲12.9%	▲17.1%	▼19.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.6m	£4.5m	£6.4m	£4.7m
Net assets	−£5.4m	−£1.3m	£1.3m	£2.5m
Fixed assets	£650k	£491k	£447k	£3.3m
Current assets	£8.2m	£11.6m	£14m	£14.1m
Debtors	£528k	£350k	£668k	£1m
Deferred income	£4.3m	£1.6m	£797k	£831k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 4.5%; Profit ÷ revenue.
Gross margin: 68%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £788k; Revenue ÷ average employees.
Profit per employee: £35.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.9%; 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: ▲90%; Now £2.5m
Cash at bank: ▼27%; Now £4.7m
Headcount: ▼20%; Now 33
Deferred income: ▲4%; Now £831k
Fixed assets: ▲640%; Now £3.3m

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 Aug 2025 (profit £1.2m), from the Companies House accounts bulk data published May 2026. 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.