How much does South Coast Insulation Services Limited make?

South Coast Insulation Services Limited reported revenue of £36m and £1.3m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does South Coast Insulation Services Limited have?

South Coast Insulation Services Limited reported an average of 78 employees in the year to 31 Mar 2024.

Is South Coast Insulation Services Limited profitable?

Yes — South Coast Insulation Services Limited reported a profit of £1.3m in the year to 31 Mar 2024.

Company No. 07210512 · Incorporated 31 Mar 2010

South Coast Insulation Services Limited

Registered name: SOUTH COAST INSULATION SERVICES LIMITED

Part of Mimi & Marble Holdings Limited group

South Coast Insulation Services Limited made £36m revenue and £1.3m profit in the year to 31 Mar 2024.

South Coast Insulation Services Limited’s revenue grew 65% to £36m in the year to 31 Mar 2024, with £1.3m profit and 78 employees. The company is classified under “other construction installation” and is based in Leeds; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation

Status: In Administration
Location: Leeds, Yorkshire and The Humber
Age: 16 yrs · since 2010
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 Mar 2024

Key figures

Capital-lightDoing more with lessBoring industryCash flow filed

Revenue

£36m

Growth ▲65%

Profit

£1.3m

Growth ▼38.7%

Profit margin

3.6%

Gross 26.5%

Employees

Change ▼10.3%

Profit / employee

£16.5k

Revenue/employee £462k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33.9m	£21.8m	£36m
Cost of sales	£21.4m	£13.9m	£26.5m
Gross profit	£12.5m	£8m	£9.6m
Operating profit	£8.9m	£2.7m	£1.7m
Profit before tax	£8.9m	£2.7m	£1.6m
Profit after tax	£7.2m	£2.1m	£1.3m
Profit (best available)	£7.2m	£2.1m	£1.3m
Staff costs	£3.6m	£4.6m	£7m
Employees (average)	87	87	78
Ratios
Profit margin	21.2%	9.6%	3.6%
Gross margin	36.8%	36.5%	26.5%
Revenue per employee	£390k	£251k	£462k
Profit per employee	£82.5k	£24.1k	£16.5k
Cash conversion	−109%	80.3%	−23.3%
Growth (year on year)
Revenue growth	—	▼35.6%	▲65%
Profit growth	—	▼70.8%	▼38.7%
Headcount growth	—	0%	▼10.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£7m	£2.5m	£963k
Net assets	£10.4m	£11.4m	£11.5m
Fixed assets	£605k	£1.6m	£2.9m
Current assets	£13.5m	£13.3m	£16.3m
Debtors	£1.6m	£700k	£1.5m
Cash from operations	−£9.7m	£2.2m	−£398k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 26.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £462k; Revenue ÷ average employees.
Profit per employee: £16.5k; Profit ÷ average employees.
Cash conversion: −23.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.2%; 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: ▲2%; Now £11.5m
Cash at bank: ▼62%; Now £963k
Headcount: ▼10%; Now 78
Deferred income: —; Now —
Fixed assets: ▲83%; Now £2.9m

Corporate ownership

Group structure

Ownership chain

Mimi & Marble Holdings Limitedultimate parent75–100%
Scis Holdings Limited75–100%
South Coast Insulation Services Limitedthis company

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

Sister companies (1)

Energy Won UK LimitedLiquidationFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.3m), from the Companies House accounts bulk data published Nov 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.