Slick Stitch Holdings Limited
Registered name: SLICK STITCH HOLDINGS LIMITED
Slick Stitch Holdings Limited made £19.5m revenue and £2.2m profit in the year to 31 Mar 2025. read from filing text
Slick Stitch Holdings Limited’s revenue grew 8% to £19.5m in the year to 31 Mar 2025, with £2.2m profit and 327 employees. The company is classified under “dormant company” and is based in Wolverhampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £17.8m | £17.8m | £18m | £19.5m |
| Cost of sales | £12.2m | £11.4m | £10.7m | £11.5m |
| Gross profit | £5.6m | £6.4m | £7.4m | £8m |
| Operating profit | £391k | £1.5m | £1.6m | £2.5m |
| Profit before tax | £448k | £1.6m | £1.9m | £3m |
| Profit after tax | £256k | £1.3m | £1.2m | £2.2m |
| Profit (best available) | £256k | £1.3m | £1.2m | £2.2m |
| Employees (average) | 411 | 396 | 322 | 327 |
| Ratios | ||||
| Profit margin | 1.4% | 7.5% | 6.5% | 11.4% |
| Gross margin | 31.3% | 35.9% | 40.8% | 41% |
| Revenue per employee | £43.3k | £44.8k | £56k | £59.7k |
| Profit per employee | £623 | £3.4k | £3.6k | £6.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼0.2% | ▲1.6% | ▲8.2% |
| Profit growth | — | ▲419.2% | ▼12.1% | ▲90.4% |
| Headcount growth | — | ▼3.6% | ▼18.7% | ▲1.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £0 | £1.4k | £0 |
| Net assets | £5.3m | £5.5m | £5.8m | £5.8m |
| Fixed assets | £4.4m | £4.4m | £4.4m | £4m |
| Current assets | — | £4.8m | £6.7m | £8.9m |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 11.4%
- Profit ÷ revenue.
- Gross margin
- 41%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59.7k
- Revenue ÷ average employees.
- Profit per employee
- £6.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼1%
- Now £5.8m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▲2%
- Now 327
- Deferred income
- —
- Now £0
- Fixed assets
- ▼10%
- Now £4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (3)
- Slick Stitch Embroidery Company LimitedRev. £12.7m · Profit £1.1m
- Direct Clothing Co. (UK) LimitedFigures not disclosed
- My Clothing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Nov 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.