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Company No. 14709182 · Incorporated 6 Mar 2023

Favsco 23 Ltd

Registered name: FAVSCO 23 LTD

Favsco 23 Ltd made £22.2m revenue and £1.9m profit in the year to 31 Dec 2025.

Favsco 23 Ltd’s revenue grew 10% to £22.2m in the year to 31 Dec 2025, with £1.9m profit and 327 employees. The company is classified under “real estate agencies” and is based in Sale; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68310Real estate agencies
Status
Active
Location
Sale, North West
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightYoung and profitableOperating leverageDoing more with lessCash flow filed
Revenue
£22.2m
Growth ▲10%
Profit
£1.9m
Growth ▲72%
Profit margin
8.5%
Gross 86%
Employees
327
Change ▼5.2%
Profit / employee
£5.8k
Revenue/employee £67.9k
Profitable streak
3yrs
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.7m£20.2m£22.2m
Cost of sales£2.7m£3.1m£3.1m
Gross profit£10.1m£17.1m£19.1m
Operating profit£57.9k£1.4m£2.5m
Profit before tax£48.6k£1.5m£2.5m
Profit after tax£20.2k£1.1m£1.9m
Profit (best available)£20.2k£1.1m£1.9m
Staff costs£6.6m£10.6m£11.1m
Employees (average)340345327
Ratios
Profit margin0.2%5.4%8.5%
Gross margin79.1%84.6%86%
Revenue per employee£37.5k£58.5k£67.9k
Profit per employee£59£3.2k£5.8k
Cash conversion−1571%−79.8%−92%
Growth (year on year)
Revenue growth——▲10%
Profit growth——▲72%
Headcount growth——▼5.2%
Balance sheet — indirect signals, not revenue
Cash at bank£1.1m£1.7m£2.8m
Net assets£21.2k£1.1m£2.4m
Fixed assets£114k£300k£752k
Current assets£1.8m£2.9m£4m
Debtors£590k£1m£1.1m
Deferred income£404k£476k£451k
Cash from operations−£910k−£1.2m−£2.3m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
8.5%
Profit ÷ revenue.
Gross margin
86%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£67.9k
Revenue ÷ average employees.
Profit per employee
£5.8k
Profit ÷ average employees.
Cash conversion
−92%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.8%
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
▲111%
Now £2.4m
Cash at bank
▲66%
Now £2.8m
Headcount
▼5%
Now 327
Deferred income
▼5%
Now £451k
Fixed assets
▲151%
Now £752k

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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.9m), from the Companies House accounts bulk data published Aug 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.