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Company No. 03261510 · Incorporated 10 Oct 1996

Scapa UK Limited

Registered name: SCAPA UK LIMITED

Part of Mativ Holdings, Inc group

Scapa UK Limited made £30.7m revenue and a £1.3m loss in the year to 31 Dec 2024.

Scapa UK Limited’s revenue fell 4% to £30.7m in the year to 31 Dec 2024, with a loss of £1.3m and 121 employees. The company is classified under “other manufacturing” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Manchester, North West
Age
30 yrs · since 1996
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

Revenue
£30.7m
Growth ▼3.7%
Profit
−£1.3m
Growth —
Profit margin
−4.3%
Gross 8.9%
Employees
121
Change 0%
Profit / employee
−£11k
Revenue/employee £254k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£28.4m£31.9m£30.7m
Cost of sales£27.2m£29.7m£28m
Gross profit£1.2m£2.2m£2.7m
Operating profit−£2m−£1.9m−£965k
Profit before tax−£3.6m−£3.4m−£2.8m
Profit after tax−£2.9m−£4.5m−£1.3m
Profit (best available)−£2.9m−£4.5m−£1.3m
Staff costs£5.4m£5.7m£6.5m
Employees (average)123121121
Ratios
Profit margin−10.1%−14.1%−4.3%
Gross margin4.2%6.9%8.9%
Revenue per employee£231k£263k£254k
Profit per employee−£23.2k−£37.1k−£11k
Growth (year on year)
Revenue growth—▲12.1%▼3.7%
Headcount growth—▼1.6%0%
Balance sheet — indirect signals, not revenue
Cash at bank£801k£1.6m£1.2m
Net assets£7.4m£2.7m£1.3m
Fixed assets£21.5m£21.8m£22.4m
Current assets£31.4m£26m£23.8m
Debtors£2.9m£2.6m£2.2m
Deferred income£1.7m£1.6m£1.2m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−4.3%
Profit ÷ revenue.
Gross margin
8.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£254k
Revenue ÷ average employees.
Profit per employee
−£11k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
72.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.1%
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
▼53%
Now £1.3m
Cash at bank
▼26%
Now £1.2m
Headcount
0%
Now 121
Deferred income
▼21%
Now £1.2m
Fixed assets
▲3%
Now £22.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Mativ Holdings, Inc (registered outside the UK register)ultimate parent75–100%
  2. Porritts & Spencer Limited75–100%
  3. Scapa UK Limitedthis company

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

Sister companies (3)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.3m), 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.