Franklin Products Limited

Active03662925ManufacturingIncorporated 5 Nov 1998 · Milton Keynes

The principal activity of the company in the year under review was that of the manufacture and sale of aircraft seat cushions and covers for the airline industry in the United Kingdom, Europe and overseas markets. REVIEW OF THE BUSINESS Turnover increased by 31.0% as a result of increased volume across all sectors due to the continuing recovery from the COVID-19 pandemic. The company also has a manufacturing branch based in Poland. The results of this branch are included in these financial statements.

Revenue

£16.3m

▲ +31.0% vs prior ~12m period

Profit after tax

£1.2m

Margin 8.8%

Employees

177

▲ +1.1% vs prior ~12m period

Net assets

£2.9m

Total assets £6.7m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Dec 2018
Not available
Dec 2019
£16.1m
Dec 2020
£6.9m▼ -57.5%
Dec 2021
£6.7m▼ -2.2%
Dec 2022
£11.4m▲ +70.1%
Dec 2023
£12.5m▲ +9.0%
Dec 2024
£16.3m▲ +31.0%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£16.3m▲ +31.0%£1.4m177£2.9m
31 Dec 2023£12.5m▲ +9.0%£491k175£1.8m
31 Dec 2022£11.4m▲ +70.1%£1.5m154£1.2m
31 Dec 2021£6.7m▼ -2.2%-£354k103-£116k
31 Dec 2020£6.9m▼ -57.5%-£754k178£225k
31 Dec 2019£16.1m—£735k208£841k
31 Dec 2018————£317k

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£16.3m
Gross profit
£5.0m
Operating profit
£1.4m
Profit before tax
£1.4m
Profit after tax
£1.2m

Balance sheet

Total assets
£6.7m
Cash
£1.6m
Total liabilities
£3.8m
Net assets
£2.9m
Revenue per employee
£92k

Similar companies

CompanyRevenueGrowth
Harlette Capital Limited
08565376
£100.0m– 0.0%
Usp Steels Limited
10437761
£99.2m▲ +2.7%
Pickstock Foods Ltd
11412792
£97.3m▲ +18.0%
Crescent Pharma Limited
04750933
£96.5m▼ -8.4%
B.H.C. Limited
NI029649
£96.0m▼ -31.0%

Other manufacturing companies in South East

CompanyRevenueGrowth
Bamford Bus Company Limited
12214576
£455.1m▲ +76.6%
Vine Meats Ltd
12024012
£184.1m▲ +46.5%
Ahmad Tea (UK) Limited
08807852
£139.8m▲ +27.2%
Hunt Forest Group Limited
11523682
£126.1m▲ +8.2%
Optigene Limited
06465874
£120.1m—