How much does Latcham Direct Limited make?

Latcham Direct Limited reported revenue of £20.6m and £397k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Latcham Direct Limited have?

Latcham Direct Limited reported an average of 89 employees in the year to 31 Dec 2025.

Is Latcham Direct Limited profitable?

Yes — Latcham Direct Limited reported a profit of £397k in the year to 31 Dec 2025.

Company No. 06695717 · Incorporated 11 Sep 2008

Latcham Direct Limited

Registered name: LATCHAM DIRECT LIMITED

Latcham Direct Limited made £20.6m revenue and £397k profit in the year to 31 Dec 2025.

Latcham Direct Limited’s revenue fell 11% to £20.6m in the year to 31 Dec 2025, with £397k profit and 89 employees. The company is classified under “printing” and is based in Hengrove; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 18129Printing n.e.c.SIC 63110Data processing, hosting and related activities

Status: Active
Location: Hengrove, South West
Age: 18 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£20.6m

Growth ▼11.2%

Profit

£397k

Growth ▼60.4%

Profit margin

1.9%

Gross 27%

Employees

Change ▼2.2%

Profit / employee

£4.5k

Revenue/employee £232k

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 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)	£18.2m	£22m	£23.2m	£20.6m
Cost of sales	£12.9m	£15.8m	£16.9m	£15.1m
Gross profit	£5.2m	£6.1m	£6.3m	£5.6m
Operating profit	£314k	£1.2m	£1.5m	£667k
Profit before tax	£183k	£1m	£1.3m	£568k
Profit after tax	£161k	£758k	£1m	£397k
Profit (best available)	£161k	£758k	£1m	£397k
Staff costs	£4.7m	£4.2m	£4.6m	—
Employees (average)	106	105	91	89
Ratios
Profit margin	0.9%	3.5%	4.3%	1.9%
Gross margin	28.8%	28%	27.3%	27%
Revenue per employee	£171k	£209k	£255k	£232k
Profit per employee	£1.5k	£7.2k	£11k	£4.5k
Cash conversion	−207.7%	−89.7%	−181.4%	178.6%
Growth (year on year)
Revenue growth	—	▲20.8%	▲5.9%	▼11.2%
Profit growth	—	▲370.3%	▲32.1%	▼60.4%
Headcount growth	—	▼0.9%	▼13.3%	▼2.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£1.1m	£2.3m	£2m
Net assets	£2.1m	£2.5m	£3.2m	£3.1m
Fixed assets	£3.6m	£3.6m	£3.2m	£2.4m
Current assets	£4.1m	£4.8m	£5.1m	—
Debtors	£2.1m	£3.3m	£2.4m	£2.1m
Deferred income	£836k	£952k	£739k	£989k
Cash from operations	−£651k	−£1m	−£2.7m	£1.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 27%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £232k; Revenue ÷ average employees.
Profit per employee: £4.5k; Profit ÷ average employees.
Cash conversion: 178.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.9%; 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: ▼3%; Now £3.1m
Cash at bank: ▼15%; Now £2m
Headcount: ▼2%; Now 89
Deferred income: ▲34%; Now £989k
Fixed assets: ▼26%; Now £2.4m

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

Subsidiaries (3)

Computastat Group LimitedFigures not disclosed
Consumer Intelligence LimitedFigures not disclosed
Latcham Insights LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £397k), from the Companies House accounts bulk data published Sep 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.