Snap-on Business Solutions Limited
Registered name: SNAP-ON BUSINESS SOLUTIONS LIMITED
Part of Snap-On Incorporated groupSnap-on Business Solutions Limited made £59.5m revenue and £3.2m profit in the year to 3 Jan 2026.
Snap-on Business Solutions Limited’s revenue grew 23% to £59.5m in the year to 3 Jan 2026, with £3.2m profit and 107 employees. The company is classified under “other information technology service activities” and is based in Reading; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Reading
- Age
- 47 yrs · since 1978
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 3 Jan 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £43m | £48.5m | £59.5m |
| Cost of sales | −£18.7m | −£21.1m | −£26.6m |
| Gross profit | £24.2m | £27.4m | £32.9m |
| Operating profit | £2.8m | £2.9m | £3.9m |
| Profit before tax | £3.6m | £3.8m | £4.8m |
| Profit after tax | £2.9m | £4.1m | £3.2m |
| Profit (best available) | £2.9m | £4.1m | £3.2m |
| Employees (average) | 99 | 100 | 107 |
| Ratios | |||
| Profit margin | 6.7% | 8.4% | 5.4% |
| Gross margin | 56.4% | 56.5% | 55.3% |
| Revenue per employee | £434k | £485k | £556k |
| Profit per employee | £29.2k | £40.7k | £29.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.8% | ▲22.7% |
| Profit growth | — | ▲40.9% | ▼21.4% |
| Headcount growth | — | ▲1% | ▲7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 55.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £556k
- Revenue ÷ average employees.
- Profit per employee
- £29.9k
- 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.
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
- ▲7%
- Now 107
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Snap-On Incorporated (registered outside the UK register)ultimate parent75–100%
- Snap-on Investment Limited75–100%
- Snap-on Business Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Cognitran LimitedRev. £14.8m · Profit £2.8m
- BTC Global LimitedFigures not disclosed
- Snap-on Equipment LimitedFigures not disclosed
- Snap-on U.K. Holdings LimitedFigures not disclosed
Sister companies (3)
- Norbar Torque Tools Holdings LimitedRev. £1.1m · Profit £1.4m
- Sna Solutions UK LimitedFigures not disclosed
- Snap-on Group Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 3 Jan 2026 (profit £3.2m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.