S.e.d. Services Limited
Registered name: S.E.D. SERVICES LIMITED
Part of Baldwin Asset Management Group Limited groupS.e.d. Services Limited made £15.4m revenue and £1.8m profit in the year to 31 Mar 2025. read from filing text
S.e.d. Services Limited’s revenue fell 2% to £15.4m in the year to 31 Mar 2025, with £1.8m profit and 97 employees. The company is classified under “sewerage” and is based in Wigan; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 20 yrs · since 2005
- 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 | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £19.3m | £15.7m | £15.4m |
| Cost of sales | — | £13.3m | £9.5m | £9.8m |
| Gross profit | — | £6m | £6.2m | £5.6m |
| Operating profit | — | £3.9m | £3.8m | £2.5m |
| Profit before tax | — | £3.8m | £3.3m | £2.4m |
| Profit after tax | £2.2m | £3.1m | £2.7m | £1.8m |
| Profit (best available) | £2.2m | £3.1m | £2.7m | £1.8m |
| Staff costs | — | £2.3m | £3.5m | £3.9m |
| Employees (average) | 49 | 51 | 86 | 97 |
| Ratios | ||||
| Profit margin | — | 15.9% | 17.3% | 11.9% |
| Gross margin | — | 31.1% | 39.6% | 36.6% |
| Revenue per employee | — | £379k | £182k | £159k |
| Profit per employee | £44.3k | £60.3k | £31.6k | £18.9k |
| Cash conversion | — | — | −99.3% | −201.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼18.8% | ▼1.8% |
| Profit growth | — | ▲41.7% | ▼11.7% | ▼32.5% |
| Headcount growth | — | ▲4.1% | ▲68.6% | ▲12.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.1m | £902k | £1.8m | £2.4m |
| Net assets | £9.7m | £12.6m | £15.4m | £17.1m |
| Fixed assets | £5.8m | £10.8m | £13.1m | £14.1m |
| Current assets | £8m | £7.5m | £9.3m | £8.7m |
| Debtors | £4.3m | £4.7m | £4m | £3.9m |
| Deferred income | — | £13.5k | £25.7k | £86.6k |
| Cash from operations | — | — | −£3.8m | −£5m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 11.9%
- Profit ÷ revenue.
- Gross margin
- 36.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £159k
- Revenue ÷ average employees.
- Profit per employee
- £18.9k
- Profit ÷ average employees.
- Cash conversion
- −201.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 91.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.5%
- 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
- ▲11%
- Now £17.1m
- Cash at bank
- ▲32%
- Now £2.4m
- Headcount
- ▲13%
- Now 97
- Deferred income
- ▲237%
- Now £86.6k
- Fixed assets
- ▲7%
- Now £14.1m
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
- Baldwin Asset Management Group Limitedultimate parent75–100%
- S.e.d. Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- S.e.d Recycling LimitedRev. — · Profit £64.3k
- S.e.d. Composting LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.8m), 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.