How much does Sirva Relocation (NO.1) Limited make?

Sirva Relocation (NO.1) Limited reported revenue of £88.9m and a loss of £1.1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Sirva Relocation (NO.1) Limited have?

Sirva Relocation (NO.1) Limited reported an average of 137 employees in the year to 31 Dec 2024.

Is Sirva Relocation (NO.1) Limited profitable?

No — Sirva Relocation (NO.1) Limited reported a loss of £1.1m in the year to 31 Dec 2024.

Company No. 02036610 · Incorporated 14 Jul 1986

Sirva Relocation (NO.1) Limited

Registered name: SIRVA RELOCATION (NO.1) LIMITED

Part of Sirva Inc group

Sirva Relocation (NO.1) Limited made £88.9m revenue and a £1.1m loss in the year to 31 Dec 2024.

Sirva Relocation (NO.1) Limited’s revenue grew 3% to £88.9m in the year to 31 Dec 2024, with a loss of £1.1m and 137 employees. The company is classified under “other transportation support activities” and is based in Swindon; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52290Other transportation support activities

Status: Active
Location: Swindon, South West
Age: 40 yrs · since 1986
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 2024

Key figures

Capital-lightDoing more with less

Revenue

£88.9m

Growth ▲3.3%

Profit

−£1.1m

Growth —

Profit margin

−1.3%

Gross 8.6%

Employees

137

Change ▼4.9%

Profit / employee

−£8.3k

Revenue/employee £649k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£101m	£86.1m	£88.9m
Cost of sales	£92m	£79.4m	£81.3m
Gross profit	£8.6m	£6.7m	£7.7m
Operating profit	£1.1m	−£2.1m	−£895k
Profit before tax	£1m	−£2.2m	−£1.1m
Profit after tax	£1m	−£2.2m	−£1.1m
Profit (best available)	£1m	−£2.2m	−£1.1m
Staff costs	£5.3m	£6.5m	£6.6m
Employees (average)	119	144	137
Ratios
Profit margin	1%	−2.6%	−1.3%
Gross margin	8.5%	7.8%	8.6%
Revenue per employee	£845k	£598k	£649k
Profit per employee	£8.5k	−£15.4k	−£8.3k
Growth (year on year)
Revenue growth	—	▼14.4%	▲3.3%
Profit growth	—	▼318.7%	—
Headcount growth	—	▲21%	▼4.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£902k	£755k
Net assets	£7.5m	£5.2m	£4.1m
Fixed assets	£186k	£176k	£91.6k
Current assets	£20.6m	£23.2m	£22.3m
Debtors	£15.3m	£19.6m	£17.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −1.3%; Profit ÷ revenue.
Gross margin: 8.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £649k; Revenue ÷ average employees.
Profit per employee: −£8.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.3%; 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: ▼22%; Now £4.1m
Cash at bank: ▼16%; Now £755k
Headcount: ▼5%; Now 137
Deferred income: —; Now —
Fixed assets: ▼48%; Now £91.6k

Corporate ownership

Group structure

Ownership chain

Sirva Inc (registered outside the UK register)ultimate parent75–100%
Sirva Relocation Holdings Limited75–100%
Sirva Relocation (NO.1) Limitedthis company

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

Sister companies (2)

Sirva LimitedRev. £8.9m · Profit £1.4m
GHS Global Relocation U.K. LimitedRev. £0 · Profit −£20.8m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.1m), from the Companies House accounts bulk data published Sep 2025. 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.