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Company No. 00943480 · Incorporated 2 Dec 1968

Spinlock Limited

Registered name: SPINLOCK LIMITED

Part of Spinlock Holdings Limited group

Spinlock 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.

Full P&L filedSection C · ManufacturingSIC 32300Manufacture of sports goods
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”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£10.5m
Growth ▲9.3%
Profit
£465k
Growth ▼4.1%
Profit margin
4.5%
Gross 39.3%
Employees
57
Change ▲3.6%
Profit / employee
£8.2k
Revenue/employee £183k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202431 Dec 2025
DisclosureFull P&LFull 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)5557
Ratios
Profit margin5.1%4.5%
Gross margin41.3%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
SourceFullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲5%
Now £4.9m
Cash at bank
▲40%
Now £295k
Headcount
▲4%
Now 57
Deferred income
—
Now £15.6k
Fixed assets
▲3%
Now £474k
Corporate ownership

Group structure

Ownership chain

  1. Spinlock Holdings Limitedultimate parent75–100%
  2. Spinlock Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.