How much does Silkfred Limited make?

Silkfred Limited reported revenue of £11.2m and a loss of £3.7m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Silkfred Limited have?

Silkfred Limited reported an average of 46 employees in the year to 31 Dec 2023.

Is Silkfred Limited profitable?

No — Silkfred Limited reported a loss of £3.7m in the year to 31 Dec 2023.

Company No. 07557982 · Incorporated 9 Mar 2011

Silkfred Limited

Registered name: SILKFRED LIMITED

Silkfred Limited made £11.2m revenue and a £3.7m loss in the year to 31 Dec 2023. read from filing text

Silkfred Limited’s revenue fell 46% to £11.2m in the year to 31 Dec 2023, with a loss of £3.7m and 46 employees. The company is classified under “activities of other membership organizations” and is based in Southampton; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 94990Activities of other membership organizations n.e.c.

Status: In Administration
Location: Southampton, South East
Age: 15 yrs · since 2011
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£11.2m

Growth ▼46.4%

Profit

−£3.7m

Growth —

Profit margin

−32.8%

Gross 71.5%

Employees

Change ▼17.9%

Profit / employee

−£79.7k

Revenue/employee £243k

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 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.9m	£11.2m
Cost of sales	£5.8m	£3.2m
Gross profit	£15.1m	£8m
Operating profit	−£1.1m	−£3.2m
Profit before tax	−£1.5m	−£4m
Profit after tax	−£1m	−£3.7m
Profit (best available)	−£1m	−£3.7m
Employees (average)	56	46
Ratios
Profit margin	−4.9%	−32.8%
Gross margin	72.4%	71.5%
Revenue per employee	£373k	£243k
Profit per employee	−£18.3k	−£79.7k
Growth (year on year)
Revenue growth	—	▼46.4%
Headcount growth	—	▼17.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£592k
Net assets	£5.7m	£2.1m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −32.8%; Profit ÷ revenue.
Gross margin: 71.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £243k; Revenue ÷ average employees.
Profit per employee: −£79.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼64%; Now £2.1m
Cash at bank: ▼80%; Now £592k
Headcount: ▼18%; Now 46
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£3.7m), from the Companies House accounts bulk data published Dec 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.