How much does Southgate Global Limited make?

Southgate Global Limited reported revenue of £71m and a loss of £1.2m in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Southgate Global Limited have?

Southgate Global Limited reported an average of 87 employees in the year to 31 Dec 2022.

Is Southgate Global Limited profitable?

No — Southgate Global Limited reported a loss of £1.2m in the year to 31 Dec 2022.

Company No. 05910826 · Incorporated 18 Aug 2006

Southgate Global Limited

Registered name: SOUTHGATE GLOBAL LIMITED

Part of Southgate Global Holdings Limited group

Southgate Global Limited made £71m revenue and a £1.2m loss in the year to 31 Dec 2022. read from filing text

Southgate Global Limited’s revenue fell 2% to £71m in the year to 31 Dec 2022, with a loss of £1.2m and 87 employees. The company is classified under “wholesale of other intermediate products” and is based in King's Lynn; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products

Status: Active
Location: King's Lynn, East of England
Age: 20 yrs · since 2006
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 2022

Key figures

Capital-light

Revenue

£71m

Growth ▼1.6%

Profit

−£1.2m

Growth ▼150.1%

Profit margin

−1.7%

Gross 14.3%

Employees

Change ▲24.3%

Profit / employee

−£14k

Revenue/employee £816k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£72.2m	£71m
Gross profit	£10.6m	£10.1m
Operating profit	£3m	−£256k
Profit before tax	£2.8m	−£1.3m
Profit after tax	£2.4m	−£1.2m
Profit (best available)	£2.4m	−£1.2m
Staff costs	£3.5m	£5.1m
Employees (average)	70	87
Ratios
Profit margin	3.4%	−1.7%
Gross margin	14.7%	14.3%
Revenue per employee	£1m	£816k
Profit per employee	£34.8k	−£14k
Growth (year on year)
Revenue growth	—	▼1.6%
Profit growth	—	▼150.1%
Headcount growth	—	▲24.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£713k	£574k
Net assets	£17.2m	£16m
Fixed assets	£539k	£689k
Current assets	£52.6m	£50.7m
Debtors	£17m	£15.6m
Deferred income	£3.8m	£3.4m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −1.7%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £816k; Revenue ÷ average employees.
Profit per employee: −£14k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.9%; 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: ▼7%; Now £16m
Cash at bank: ▼20%; Now £574k
Headcount: ▲24%; Now 87
Deferred income: ▼11%; Now £3.4m
Fixed assets: ▲28%; Now £689k

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

Southgate Global Holdings Limitedultimate parent75–100%
Southgate Global Finance Limited75–100%
Southgate Global Group Limited75–100%
Arpo Global Limited75–100%
Southgate Global Limitedthis company

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

Subsidiaries (3)

Packer Industrial LimitedFigures not disclosed
Penguin Hygiene LimitedFigures not disclosed
Southgate Packaging LimitedFigures not disclosed

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 accounts for the year to 31 Dec 2022 (profit −£1.2m), from the Companies House accounts bulk data published Mar 2024. 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.