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.
- Status
- Active
- Location
- Sale, North West
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 340 | 345 | 327 |
| Ratios | |||
| Profit margin | 0.2% | 5.4% | 8.5% |
| Gross margin | 79.1% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
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.
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.