How much does Sealskinz Limited make?

Sealskinz Limited reported revenue of £14.5m and a loss of £958k in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Sealskinz Limited have?

Sealskinz Limited reported an average of 67 employees in the year to 30 Jun 2025.

Is Sealskinz Limited profitable?

No — Sealskinz Limited reported a loss of £958k in the year to 30 Jun 2025.

Company No. 04925632 · Incorporated 8 Oct 2003

Sealskinz Limited

Registered name: SEALSKINZ LIMITED

Part of That Newco Limited group

Sealskinz Limited made £14.5m revenue and a £958k loss in the year to 30 Jun 2025.

Sealskinz Limited’s revenue grew 10% to £14.5m in the year to 30 Jun 2025, with a loss of £958k and 67 employees. The company is classified under “manufacture of other wearing apparel and accessories” and is based in King's Lynn; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 14190Manufacture of other wearing apparel and accessories n.e.c.

Status: Active
Location: King's Lynn, East of England
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.

Latest accounts · year to 30 Jun 2025

Key figures

Capital-lightDoing more with less

Revenue

£14.5m

Growth ▲10.2%

Profit

−£958k

Growth —

Profit margin

−6.6%

Gross 29.8%

Employees

Change ▼21.2%

Profit / employee

−£14.3k

Revenue/employee £216k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.2m	£13.5m	£13.1m	£14.5m
Cost of sales	£8m	£9.2m	£8.9m	£10.2m
Gross profit	£4.3m	£4.3m	£4.2m	£4.3m
Operating profit	£913k	£1.1m	£213k	−£926k
Profit before tax	£829k	£943k	−£17.2k	−£1.2m
Profit after tax	£1.2m	£790k	−£48k	−£958k
Profit (best available)	£1.2m	£790k	−£48k	−£958k
Staff costs	£2.8m	£3.4m	£3.4m	£2.8m
Employees (average)	79	101	85	67
Ratios
Profit margin	9.5%	5.9%	−0.4%	−6.6%
Gross margin	34.8%	31.6%	32.1%	29.8%
Revenue per employee	£155k	£133k	£155k	£216k
Profit per employee	£14.7k	£7.8k	−£565	−£14.3k
Growth (year on year)
Revenue growth	—	▲10.1%	▼2.5%	▲10.2%
Profit growth	—	▼32%	▼106.1%	—
Headcount growth	—	▲27.9%	▼15.8%	▼21.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£450k	£39.7k	£983k	£1.8m
Net assets	−£2.7m	−£1.9m	−£2m	−£2.9m
Fixed assets	£208k	£245k	£227k	£539k
Current assets	£5.9m	£6.6m	£8.2m	£10.3m
Debtors	£948k	£681k	£482k	£1.9m
Deferred income	£632k	£183k	£281k	£412k
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −6.6%; Profit ÷ revenue.
Gross margin: 29.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £216k; Revenue ÷ average employees.
Profit per employee: −£14.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.9%; 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: —; Now −£2.9m
Cash at bank: ▲81%; Now £1.8m
Headcount: ▼21%; Now 67
Deferred income: ▲47%; Now £412k
Fixed assets: ▲137%; Now £539k

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

That Newco Limitedultimate parent75–100%
Sealskinz Holdings Limited75–100%
Sealskinz 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 30 Jun 2025 (profit −£958k), from the Companies House accounts bulk data published Apr 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.