Spinlock Limited
Registered name: SPINLOCK LIMITED
Part of Spinlock Holdings Limited groupSpinlock Limited made £10.5m revenue and £465k profit in the year to 31 Dec 2025.
Spinlock Limited’s revenue grew 9% to £10.5m in the year to 31 Dec 2025, with £465k profit and 57 employees. The company is classified under “manufacture of sports goods” and is based in Cowes; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cowes, South East
- Age
- 57 yrs · since 1968
- 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: “Spinlock Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £9.6m | £10.5m |
| Cost of sales | £5.6m | £6.3m |
| Gross profit | £3.9m | £4.1m |
| Profit before tax | £477k | £626k |
| Profit after tax | £484k | £465k |
| Profit (best available) | £484k | £465k |
| Staff costs | £2.1m | £2.4m |
| Employees (average) | 55 | 57 |
| Ratios | ||
| Profit margin | 5.1% | 4.5% |
| Gross margin | 41.3% | 39.3% |
| Revenue per employee | £174k | £183k |
| Profit per employee | £8.8k | £8.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲9.3% |
| Profit growth | — | ▼4.1% |
| Headcount growth | — | ▲3.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £211k | £295k |
| Net assets | £4.6m | £4.9m |
| Fixed assets | £462k | £474k |
| Current assets | £7.2m | £7.2m |
| Debtors | £1m | £956k |
| Deferred income | — | £15.6k |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 39.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £183k
- Revenue ÷ average employees.
- Profit per employee
- £8.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.1%
- 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
- ▲5%
- Now £4.9m
- Cash at bank
- ▲40%
- Now £295k
- Headcount
- ▲4%
- Now 57
- Deferred income
- —
- Now £15.6k
- Fixed assets
- ▲3%
- Now £474k
Group structure
Ownership chain
- Spinlock Holdings Limitedultimate parent75–100%
- Spinlock Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Offshore Instruments LimitedFigures not disclosed
- Spinlock Structures LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Cobra Industries LimitedHertfordshire · Manufacture of sports goods
- Revenue
- £10.3m
- Profit
- £1.9m
- Staff
- 48
- Drennan International LimitedCowley · Manufacture of sports goods
- Revenue
- £11m
- Profit
- £1.8m
- Staff
- 55
- Rapala VMC UK LimitedNottingham · Manufacture of sports goods
- Revenue
- £8.6m
- Profit
- £228k
- Staff
- 56
- E.a. Clare & Son LimitedMerseyside · Manufacture of sports goods
- Revenue
- £8.3m
- Profit
- £1.1m
- Staff
- 44
- Lyalvale Express LimitedLichfield · Manufacture of sports goods
- Revenue
- £13.3m
- Profit
- £654k
- Staff
- 35
- Playdale Playgrounds LimitedCumbria · Manufacture of sports goods
- Revenue
- £13.4m
- Profit
- £372k
- Staff
- 102
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £465k), 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.