How much does Reformation UK, Ltd make?

Reformation UK, Ltd reported revenue of £23.6m and £184k profit in the year to 28 Dec 2024, according to its accounts filed at Companies House.

How many employees does Reformation UK, Ltd have?

Reformation UK, Ltd reported an average of 74 employees in the year to 28 Dec 2024.

Is Reformation UK, Ltd profitable?

Yes — Reformation UK, Ltd reported a profit of £184k in the year to 28 Dec 2024.

Company No. 11910595 · Incorporated 28 Mar 2019

Reformation UK, Ltd

Registered name: REFORMATION UK, LTD

Reformation UK, Ltd made £23.6m revenue and £184k profit in the year to 28 Dec 2024. read from filing text

Reformation UK, Ltd’s revenue grew 61% to £23.6m in the year to 28 Dec 2024, with £184k profit and 74 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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 a wholly owned subsidiary of LYMI Inc, a company incorporated in the United States of America. LYMI Inc's registered office is 2263 East Vernon Avenue, Vernon, CA 90058.”

Latest accounts · year to 28 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£23.6m

Growth ▲61.3%

Profit

£184k

Growth —

Profit margin

0.8%

Gross 69.4%

Employees

Change ▲27.6%

Profit / employee

£2.5k

Revenue/employee £318k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	24 Dec 2022	30 Dec 2023	28 Dec 2024
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£14.6m	£23.6m
Cost of sales	—	£5.7m	£7.2m
Gross profit	—	£9m	£16.3m
Profit before tax	—	−£200k	£141k
Profit after tax	—	−£200k	£184k
Profit (best available)	—	−£200k	£184k
Staff costs	—	£1.3m	£1.8m
Employees (average)	50	58	74
Ratios
Profit margin	—	−1.4%	0.8%
Gross margin	—	61.3%	69.4%
Revenue per employee	—	£252k	£318k
Profit per employee	—	−£3.4k	£2.5k
Growth (year on year)
Revenue growth	—	—	▲61.3%
Headcount growth	—	▲16%	▲27.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£795k	£8.6m
Net assets	£484k	£284k	£469k
Fixed assets	£1.5m	£1.9m	£1.7m
Current assets	£3.7m	£2.9m	£11.1m
Debtors	£126k	£415k	£378k
Deferred income	—	£1.7m	£1.9m
Cash from operations	—	£394k	−£8m
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 69.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £318k; Revenue ÷ average employees.
Profit per employee: £2.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.6%; 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: ▲65%; Now £469k
Cash at bank: ▲985%; Now £8.6m
Headcount: ▲28%; Now 74
Deferred income: ▲14%; Now £1.9m
Fixed assets: ▼12%; Now £1.7m

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 28 Dec 2024 (profit £184k), 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.