How much does Satake Europe Limited make?

Satake Europe Limited reported revenue of £10.9m and £953k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Satake Europe Limited have?

Satake Europe Limited reported an average of 54 employees in the year to 31 Dec 2023.

Is Satake Europe Limited profitable?

Yes — Satake Europe Limited reported a profit of £953k in the year to 31 Dec 2023.

Company No. 01797595 · Incorporated 6 Mar 1984

Satake Europe Limited

Registered name: SATAKE EUROPE LIMITED

Part of Satake Usa Inc. group

Satake Europe Limited made £10.9m revenue and £953k profit in the year to 31 Dec 2023. read from filing text

Satake Europe Limited’s revenue fell 20% to £10.9m in the year to 31 Dec 2023, with £953k profit and 54 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Stockport; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33200Installation of industrial machinery and equipment

Status: Active
Location: Stockport, North West
Age: 42 yrs · since 1984
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.

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

£10.9m

Growth ▼20.1%

Profit

£953k

Growth ▼26.1%

Profit margin

8.7%

Gross 46%

Employees

Change ▼5.3%

Profit / employee

£17.6k

Revenue/employee £203k

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.7m	£10.9m
Cost of sales	£8.2m	£5.9m
Gross profit	£5.5m	£5m
Operating profit	£1.5m	£889k
Profit before tax	£1.5m	£1m
Profit after tax	£1.3m	£953k
Profit (best available)	£1.3m	£953k
Staff costs	£2.7m	£2.6m
Employees (average)	57	54
Ratios
Profit margin	9.4%	8.7%
Gross margin	40.1%	46%
Revenue per employee	£240k	£203k
Profit per employee	£22.6k	£17.6k
Cash conversion	−225.6%	197.4%
Growth (year on year)
Revenue growth	—	▼20.1%
Profit growth	—	▼26.1%
Headcount growth	—	▼5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.5m	£6.5m
Net assets	£9.6m	£9.4m
Fixed assets	£1.5m	£1.5m
Current assets	£17.1m	£12.4m
Debtors	£3.4m	£1.3m
Deferred income	£1.3m	£762k
Cash from operations	−£3.3m	£1.8m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 8.7%; Profit ÷ revenue.
Gross margin: 46%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £203k; Revenue ÷ average employees.
Profit per employee: £17.6k; Profit ÷ average employees.
Cash conversion: 197.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.3%; 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: ▼3%; Now £9.4m
Cash at bank: ▼32%; Now £6.5m
Headcount: ▼5%; Now 54
Deferred income: ▼43%; Now £762k
Fixed assets: ▼3%; Now £1.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Satake Usa Inc. (registered outside the UK register)ultimate parent75–100%
Satake Europe Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £953k), from the Companies House accounts bulk data published Jul 2024. 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.