How much does Specialist Coatings Limited make?

Specialist Coatings Limited reported revenue of £7.6m and £136k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Specialist Coatings Limited have?

Specialist Coatings Limited reported an average of 76 employees in the year to 31 Mar 2025.

Is Specialist Coatings Limited profitable?

Yes — Specialist Coatings Limited reported a profit of £136k in the year to 31 Mar 2025.

Company No. 02792107 · Incorporated 19 Feb 1993

Specialist Coatings Limited

Registered name: SPECIALIST COATINGS LIMITED

Specialist Coatings Limited made £7.6m revenue and £136k profit in the year to 31 Mar 2025. read from filing text

Specialist Coatings Limited’s revenue grew 5% to £7.6m in the year to 31 Mar 2025, with £136k profit and 76 employees. The company is classified under “other business support service activities” and is based in Darlington; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Darlington, North East
Age: 33 yrs · since 1993
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: “The company's immediate and ultimate parent company is Almit Group Limited, a company registered in”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£7.6m

Growth ▲5%

Profit

£136k

Growth ▼0.5%

Profit margin

1.8%

Gross 53.8%

Employees

Change 0%

Profit / employee

£1.8k

Revenue/employee £99.7k

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	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£7.2m	£7.1m	£7.2m	£7.6m
Cost of sales	£3.6m	£3.9m	£3.6m	£3.5m
Gross profit	£3.5m	£3.3m	£3.6m	£4.1m
Operating profit	£968k	£902k	£325k	£206k
Profit before tax	£974k	£912k	£346k	£204k
Profit after tax	£942k	£731k	£137k	£136k
Profit (best available)	£942k	£731k	£137k	£136k
Staff costs	£2.5m	£2.6m	£2.8m	£2.7m
Employees (average)	84	88	76	76
Ratios
Profit margin	13.2%	10.3%	1.9%	1.8%
Gross margin	49.2%	45.7%	49.8%	53.8%
Revenue per employee	£85.3k	£81k	£94.9k	£99.7k
Profit per employee	£11.2k	£8.3k	£1.8k	£1.8k
Growth (year on year)
Revenue growth	—	▼0.4%	▲1.1%	▲5%
Profit growth	—	▼22.4%	▼81.3%	▼0.5%
Headcount growth	—	▲4.8%	▼13.6%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£67.2k	£231k	£170k	£43.2k
Net assets	£6m	£6.1m	£5.5m	£5.6m
Fixed assets	£6m	£6.2m	£6.4m	£6.8m
Current assets	£4m	£4.1m	£3.5m	£3.5m
Debtors	£2m	£1.9m	£1.8m	£1.9m
Deferred income	£286k	£273k	£262k	£251k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 53.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £99.7k; Revenue ÷ average employees.
Profit per employee: £1.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 89.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.9%; 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: ▲2%; Now £5.6m
Cash at bank: ▼75%; Now £43.2k
Headcount: 0%; Now 76
Deferred income: ▼4%; Now £251k
Fixed assets: ▲6%; Now £6.8m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £136k), from the Companies House accounts bulk data published Dec 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.