Sangwin Surfacing Limited
Registered name: SANGWIN SURFACING LIMITED
Part of Sangwin Holdings Limited groupSangwin Surfacing Limited made £3.4m revenue and £155k profit in the year to 28 Feb 2025.
Sangwin Surfacing Limited’s revenue fell 10% to £3.4m in the year to 28 Feb 2025, with £155k profit and 18 employees. The company is classified under “construction of other civil engineering projects” and is based in Hull; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hull
- Age
- 36 yrs · since 1990
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.8m | £3.4m |
| Cost of sales | £2.8m | £2.4m |
| Gross profit | £1m | £1m |
| Operating profit | £212k | £208k |
| Profit before tax | £210k | £207k |
| Profit after tax | £159k | £155k |
| Profit (best available) | £159k | £155k |
| Employees (average) | 20 | 18 |
| Ratios | ||
| Profit margin | 4.2% | 4.5% |
| Gross margin | 26.4% | 29% |
| Revenue per employee | £191k | £191k |
| Profit per employee | £7.9k | £8.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼10% |
| Profit growth | — | ▼2.4% |
| Headcount growth | — | ▼10% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 29%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £191k
- Revenue ÷ average employees.
- Profit per employee
- £8.6k
- 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
- ▼10%
- Now 18
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Sangwin Holdings Limitedultimate parent75–100%
- Sangwin Surfacing Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Sangwin Educational Furniture LimitedFigures not disclosed
- Sangwin LimitedFigures not disclosed
- Sangwin Plant Hire LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 28 Feb 2025 (profit £155k), 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.