Slick Stitch Embroidery Company Limited
Registered name: SLICK STITCH EMBROIDERY COMPANY LIMITED
Part of Slick Stitch Holdings Limited groupSlick Stitch Embroidery Company Limited made £12.7m revenue and £1.1m profit in the year to 31 Mar 2025.
Slick Stitch Embroidery Company Limited’s revenue grew 9% to £12.7m in the year to 31 Mar 2025, with £1.1m profit and 287 employees. The company is classified under “finishing of textiles” and is based in Wolverhampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 35 yrs · since 1991
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.8m | £11.8m | £11.6m | £12.7m |
| Cost of sales | £8.4m | £7.6m | £6.9m | £7.5m |
| Gross profit | £3.4m | £4.2m | £4.6m | £5.2m |
| Operating profit | −£78.7k | £928k | £501k | £1.4m |
| Profit before tax | −£99.7k | £915k | £502k | £1.5m |
| Profit after tax | −£154k | £748k | £134k | £1.1m |
| Profit (best available) | −£154k | £748k | £134k | £1.1m |
| Staff costs | £7.6m | £7.7m | £7m | £7.8m |
| Employees (average) | 368 | 353 | 287 | 287 |
| Ratios | ||||
| Profit margin | −1.3% | 6.3% | 1.2% | 8.4% |
| Gross margin | 29% | 35.7% | 40.1% | 41% |
| Revenue per employee | £32k | £33.4k | £40.3k | £44.1k |
| Profit per employee | −£420 | £2.1k | £468 | £3.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼0.1% | ▼1.7% | ▲9.4% |
| Profit growth | — | — | ▼82% | ▲691.1% |
| Headcount growth | — | ▼4.1% | ▼18.7% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £229k | £454k | £547k |
| Net assets | £4m | £4.8m | £4.9m | £6m |
| Fixed assets | £3.5m | £3.2m | £2.5m | £2.1m |
| Current assets | £4.7m | £5.5m | £6.9m | £9.5m |
| Debtors | £1.4m | £1.3m | £1.3m | £1.3m |
| Deferred income | £121k | £106k | £112k | £89k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 8.4%
- Profit ÷ revenue.
- Gross margin
- 41%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £44.1k
- Revenue ÷ average employees.
- Profit per employee
- £3.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.6%
- 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
- ▲22%
- Now £6m
- Cash at bank
- ▲21%
- Now £547k
- Headcount
- 0%
- Now 287
- Deferred income
- ▼21%
- Now £89k
- Fixed assets
- ▼15%
- Now £2.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Slick Stitch Holdings Limitedultimate parent75–100%
- Slick Stitch Embroidery Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Direct Clothing Co. (UK) LimitedFigures not disclosed
- My Clothing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 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.