How much does Seasalt Limited make?

Seasalt Limited reported revenue of £148m and £363k profit in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does Seasalt Limited have?

Seasalt Limited reported an average of 1,343 employees in the year to 31 Jan 2026.

Is Seasalt Limited profitable?

Yes — Seasalt Limited reported a profit of £363k in the year to 31 Jan 2026.

Company No. 02259954 · Incorporated 18 May 1988

Seasalt Limited

Registered name: SEASALT LIMITED

Part of Seasalt Holdings Limited group

Seasalt Limited made £148m revenue and £363k profit in the year to 31 Jan 2026.

Seasalt Limited’s revenue fell 1% to £148m in the year to 31 Jan 2026, with £363k profit and 1,343 employees. The company is classified under “wholesale of clothing and footwear” and is based in Falmouth; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear SIC 47190Other retail sale in non-specialised stores SIC 47710Retail sale of clothing in specialised stores SIC 47721Retail sale of footwear in specialised stores

Status: Active
Location: Falmouth, South West
Age: 38 yrs · since 1988
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: “Seasalt Holdings Limited”

Latest accounts · year to 31 Jan 2026

Key figures

Revenue

£148m

Growth ▼0.7%

Profit

£363k

Growth ▼89%

Profit margin

0.2%

Gross 54.5%

Employees

1,343

Change ▲1.6%

Profit / employee

£270

Revenue/employee £110k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Jan 2023	27 Jan 2024	1 Feb 2025	31 Jan 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£119m	£133m	£149m	£148m
Cost of sales	£58.2m	£59.9m	£68m	£67.5m
Gross profit	£60.8m	£72.6m	£81.3m	£80.8m
Profit before tax	£1.7m	£7.3m	£4.4m	£531k
Profit after tax	£1.7m	£5.3m	£3.3m	£363k
Profit (best available)	£1.7m	£5.3m	£3.3m	£363k
Staff costs	£27m	£33.1m	£37m	£37.8m
Employees (average)	1,191	1,287	1,322	1,343
Ratios
Profit margin	1.5%	4%	2.2%	0.2%
Gross margin	51.1%	54.8%	54.5%	54.5%
Revenue per employee	£99.9k	£103k	£113k	£110k
Profit per employee	£1.4k	£4.1k	£2.5k	£270
Growth (year on year)
Revenue growth	—	▲11.5%	▲12.6%	▼0.7%
Profit growth	—	▲204.8%	▼37.4%	▼89%
Headcount growth	—	▲8.1%	▲2.7%	▲1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£12.2m	£13.7m	£4m	£9.9m
Net assets	£22.8m	£24.6m	£27.7m	£26.9m
Fixed assets	£16.4m	£19.8m	£20.5m	£19.2m
Current assets	£39.5m	£39.4m	£41.9m	£41.3m
Debtors	£3.6m	£4m	£4.9m	£3.9m
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 54.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: £270; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.7%; 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 £26.9m
Cash at bank: ▲144%; Now £9.9m
Headcount: ▲2%; Now 1,343
Deferred income: —; Now —
Fixed assets: ▼7%; Now £19.2m

Corporate ownership

Group structure

Ownership chain

Seasalt Holdings Limitedultimate parent75–100%
Seasalt Limitedthis company

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

Subsidiaries (1)

General Clothing Stores LimitedFigures not disclosed

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 Jan 2026 (profit £363k), from the Companies House accounts bulk data published Aug 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.