Fresh Approach (UK) Limited
Registered name: FRESH APPROACH (UK) LIMITED
Part of Flight Centre Travel Group (European Holdings) Ltd groupFresh Approach (UK) Limited made £14.3m revenue and £1m profit in the year to 31 Dec 2025.
Fresh Approach (UK) Limited’s revenue fell 8% to £14.3m in the year to 31 Dec 2025, with £1m profit and 65 employees. The company is classified under “video production activities” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- 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.
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £17.8m | £11.5m | £15.5m | £14.3m |
| Cost of sales | £11.6m | £6.2m | £9.6m | £8.9m |
| Gross profit | £6.2m | £5.3m | £5.8m | £5.4m |
| Operating profit | £1.5m | £605k | £915k | £1.2m |
| Profit before tax | £1.5m | £611k | £906k | £1.2m |
| Profit after tax | £1.3m | £488k | £768k | £1m |
| Profit (best available) | £1.3m | £488k | £768k | £1m |
| Staff costs | £3.6m | £3.5m | £3.8m | £3.3m |
| Employees (average) | 85 | 81 | 79 | 65 |
| Ratios | ||||
| Profit margin | 7.2% | 4.3% | 5% | 7.1% |
| Gross margin | 34.9% | 45.9% | 37.8% | 37.8% |
| Revenue per employee | £209k | £142k | £196k | £220k |
| Profit per employee | £15k | £6k | £9.7k | £15.6k |
| Cash conversion | −34.9% | −177.7% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼35.5% | ▲34.9% | ▼7.6% |
| Profit growth | — | ▼61.8% | ▲57.3% | ▲31.9% |
| Headcount growth | — | ▼4.7% | ▼2.5% | ▼17.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £487k | £1.1m | £1.4m |
| Net assets | £6.2m | £6.7m | £7.5m | £8.5m |
| Fixed assets | £132k | £96.8k | £101k | £137k |
| Current assets | £10.6m | £10.7m | £12.1m | £13.4m |
| Debtors | £2.5m | £2.9m | £3.2m | £3.7m |
| Deferred income | £2m | £1.3m | £1.5m | £2.6m |
| Cash from operations | −£519k | −£1.1m | — | — |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.1%
- Profit ÷ revenue.
- Gross margin
- 37.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £220k
- Revenue ÷ average employees.
- Profit per employee
- £15.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 18%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.9%
- 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
- ▲14%
- Now £8.5m
- Cash at bank
- ▲28%
- Now £1.4m
- Headcount
- ▼18%
- Now 65
- Deferred income
- ▲74%
- Now £2.6m
- Fixed assets
- ▲35%
- Now £137k
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
- Flight Centre Travel Group (European Holdings) Ltdultimate parent75–100%
- Fresh Approach (UK) Holdings Limited75–100%
- Fresh Approach (UK) 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).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.