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Company No. 07499836 · Incorporated 20 Jan 2011

Skinnydip Limited

Registered name: SKINNYDIP LIMITED

Part of Skinnydip Group Limited group

Skinnydip Limited made £31.5m revenue and £521k profit in the year to 3 Jan 2026.

Skinnydip Limited’s revenue fell 12% to £31.5m in the year to 3 Jan 2026, with £521k profit and 78 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46520Wholesale of electronic and telecommunications equipment and parts
Status
Active
Location
London, London
Age
15 yrs · since 2011
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 3 Jan 2026

Key figures

Capital-light
Revenue
£31.5m
Growth ▼11.8%
Profit
£521k
Growth ▼19.4%
Profit margin
1.7%
Gross 26.8%
Employees
78
Change ▲9.9%
Profit / employee
£6.7k
Revenue/employee £404k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202230 Dec 202328 Dec 20243 Jan 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£16.8m£23.4m£35.8m£31.5m
Cost of sales£11.8m£16.8m£28m£23.1m
Gross profit£5m£6.6m£7.8m£8.4m
Operating profit£285k£271k£772k£633k
Profit before tax£278k£261k£765k£571k
Profit after tax£217k£198k£647k£521k
Profit (best available)£217k£198k£647k£521k
Staff costs£2.2m£3.6m£4m£3.8m
Employees (average)57647178
Ratios
Profit margin1.3%0.8%1.8%1.7%
Gross margin29.5%28.2%21.7%26.8%
Revenue per employee£294k£366k£504k£404k
Profit per employee£3.8k£3.1k£9.1k£6.7k
Growth (year on year)
Revenue growth—▲39.6%▲52.7%▼11.8%
Profit growth—▼8.6%▲227%▼19.4%
Headcount growth—▲12.3%▲10.9%▲9.9%
Balance sheet — indirect signals, not revenue
Cash at bank£850k£2.2m£2.2m£2.2m
Net assets£3.5m£2.9m£3.3m£3.8m
Fixed assets£280k£456k£450k£439k
Current assets£8.8m£9.7m£9.7m£12.8m
Debtors£3.2m£2.7m£2.8m£3.5m
Deferred income£510k£1.6m£1.6m£3.8m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.7%
Profit ÷ revenue.
Gross margin
26.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£404k
Revenue ÷ average employees.
Profit per employee
£6.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11%
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
▲16%
Now £3.8m
Cash at bank
▼0%
Now £2.2m
Headcount
▲10%
Now 78
Deferred income
▲140%
Now £3.8m
Fixed assets
▼3%
Now £439k

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

  1. Skinnydip Group Limitedultimate parent75–100%
  2. Skinnydip Limitedthis company

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

Sister companies (3)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 3 Jan 2026 (profit £521k), from the Companies House accounts bulk data published Sep 2026. 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.