How much does Sangwin Holdings Limited make?

Sangwin Holdings Limited reported revenue of £19.4m and £978k profit in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does Sangwin Holdings Limited have?

Sangwin Holdings Limited reported an average of 111 employees in the year to 28 Feb 2023.

Is Sangwin Holdings Limited profitable?

Yes — Sangwin Holdings Limited reported a profit of £978k in the year to 28 Feb 2023.

Company No. 06687485 · Incorporated 2 Sep 2008

Sangwin Holdings Limited

Registered name: SANGWIN HOLDINGS LIMITED

Sangwin Holdings Limited made £19.4m revenue and £978k profit in the year to 28 Feb 2023. read from filing text

Sangwin Holdings Limited’s revenue fell 11% to £19.4m in the year to 28 Feb 2023, with £978k profit and 111 employees. The company is classified under “other business support service activities” and is based in Hull; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Hull, Yorkshire and The Humber
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.

Latest accounts · year to 28 Feb 2023

Key figures

Independent

Revenue

£19.4m

Growth ▼11.5%

Profit

£978k

Growth ▼47.8%

Profit margin

Gross 25.8%

Employees

111

Change ▼1.8%

Profit / employee

£8.8k

Revenue/employee £175k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£22m	£19.4m
Cost of sales	£15.7m	£14.4m
Gross profit	£6.2m	£5m
Operating profit	£2.5m	£1.3m
Profit before tax	£2.5m	£1.2m
Profit after tax	£1.9m	£978k
Profit (best available)	£1.9m	£978k
Employees (average)	113	111
Ratios
Profit margin	8.5%	5%
Gross margin	28.4%	25.8%
Revenue per employee	£194k	£175k
Profit per employee	£16.6k	£8.8k
Growth (year on year)
Revenue growth	—	▼11.5%
Profit growth	—	▼47.8%
Headcount growth	—	▼1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8k	£4m
Net assets	£4.1m	£4.6m
Fixed assets	£3.1m	£3.2m
Current assets	£2.1m	£4.4m
Debtors	£0	£0
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 5%; Profit ÷ revenue.
Gross margin: 25.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £175k; Revenue ÷ average employees.
Profit per employee: £8.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲11%; Now £4.6m
Cash at bank: ▲143937%; Now £4m
Headcount: ▼2%; Now 111
Deferred income: —; Now —
Fixed assets: ▲5%; Now £3.2m

Corporate ownership

Group structure

Subsidiaries (4)

Sangwin Educational Furniture LimitedFigures not disclosed
Sangwin LimitedFigures not disclosed
Sangwin Plant Hire LimitedFigures not disclosed
Sangwin Surfacing 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 FullAccounts for the year to 28 Feb 2023 (profit £978k), from the Companies House accounts bulk data published Nov 2023. 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.