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Company No. 00947288 · Incorporated 4 Feb 1969

Sangwin Plant Hire Limited

Registered name: SANGWIN PLANT HIRE LIMITED

Part of Sangwin Holdings Limited group

Sangwin Plant Hire Limited made £7.5m revenue and £770k profit in the year to 28 Feb 2025.

Sangwin Plant Hire Limited’s revenue grew 38% to £7.5m in the year to 28 Feb 2025, with £770k profit and 36 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Hull; we hold 2 years of its filed accounts.

Status
Active
Location
Hull
Age
57 yrs · since 1969
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

Revenue
£7.5m
Growth ▲38.1%
Profit
£770k
Growth ▲193.1%
Profit margin
10.3%
Gross 29.6%
Employees
36
Change ▲5.9%
Profit / employee
£21.4k
Revenue/employee £208k
Profitable streak
2yrs
Consecutive profitable years in our data
2 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202428 Feb 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£5.4m£7.5m
Cost of sales£4.1m£5.3m
Gross profit£1.3m£2.2m
Operating profit£354k£1.1m
Profit before tax£337k£1.1m
Profit after tax£263k£770k
Profit (best available)£263k£770k
Employees (average)3436
Ratios
Profit margin4.8%10.3%
Gross margin24.3%29.6%
Revenue per employee£160k£208k
Profit per employee£7.7k£21.4k
Growth (year on year)
Revenue growth—▲38.1%
Profit growth—▲193.1%
Headcount growth—▲5.9%
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data Oct 2025Accounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
10.3%
Profit ÷ revenue.
Gross margin
29.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£208k
Revenue ÷ average employees.
Profit per employee
£21.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲6%
Now 36
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Sangwin Holdings Limitedultimate parent75–100%
  2. Sangwin Plant Hire Limitedthis company

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

Sister companies (3)

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

Sources

Latest figures from accounts for the year to 28 Feb 2025 (profit £770k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.