How much does Set Europe Limited make?

Set Europe Limited reported revenue of £10m and £155k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Set Europe Limited have?

Set Europe Limited reported an average of 32 employees in the year to 31 May 2025.

Is Set Europe Limited profitable?

Yes — Set Europe Limited reported a profit of £155k in the year to 31 May 2025.

Company No. 04684150 · Incorporated 3 Mar 2003

Set Europe Limited

Registered name: SET EUROPE LIMITED

Part of Sanko Gosei Ltd group

Set Europe Limited made £10m revenue and £155k profit in the year to 31 May 2025. read from filing text

Set Europe Limited’s revenue fell 11% to £10m in the year to 31 May 2025, with £155k profit and 32 employees. The company is classified under “other professional, scientific and technical activities” and is based in Skelmersdale; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Skelmersdale, North West
Age: 23 yrs · since 2003
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 is a subsidiary undertaking of Sanko Gosei Limited, incorporated in Japan. The ultimate controlling party is Mr Kenso Kuroda, President of Sanko Gosei Limited.”

Latest accounts · year to 31 May 2025

Key figures

Capital-light

Revenue

£10m

Growth ▼11.3%

Profit

£155k

Growth ▲120.3%

Profit margin

1.6%

Gross 17.9%

Employees

Change ▼5.9%

Profit / employee

£4.8k

Revenue/employee £312k

Profitable streak

2yrs

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 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£11.3m	£10m
Cost of sales	—	—	£9.9m	£8.2m
Gross profit	—	—	£1.3m	£1.8m
Operating profit	—	—	£46.3k	£177k
Profit before tax	—	—	£36k	£131k
Profit after tax	—	—	£70.1k	£155k
Profit (best available)	—	—	£70.1k	£155k
Employees (average)	24	23	34	32
Ratios
Profit margin	—	—	0.6%	1.6%
Gross margin	—	—	11.8%	17.9%
Revenue per employee	—	—	£331k	£312k
Profit per employee	—	—	£2.1k	£4.8k
Growth (year on year)
Revenue growth	—	—	—	▼11.3%
Profit growth	—	—	—	▲120.3%
Headcount growth	—	▼4.2%	▲47.8%	▼5.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£201k	£831k	£99.9k	£301k
Net assets	£6.2m	£6m	£6m	£6.1m
Fixed assets	£154k	£125k	£120k	£353k
Current assets	£9.3m	£16.7m	£16.7m	£9.4m
Debtors	£384k	£545k	£958k	£214k
Deferred income	—	£0	£2.6m	£1.5m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 17.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £312k; Revenue ÷ average employees.
Profit per employee: £4.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 15.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.1%; 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: ▲2%; Now £6.1m
Cash at bank: ▲201%; Now £301k
Headcount: ▼6%; Now 32
Deferred income: ▼42%; Now £1.5m
Fixed assets: ▲194%; Now £353k

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

Sanko Gosei Ltd (registered outside the UK register)ultimate parent75–100%
Set Europe Limitedthis company

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

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 May 2025 (profit £155k), from the Companies House accounts bulk data published Feb 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.