How much does SK JV 5 Midco Limited make?

SK JV 5 Midco Limited reported revenue of £198k and a loss of £4k in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does SK JV 5 Midco Limited have?

SK JV 5 Midco Limited reported an average of 6 employees in the year to 31 Dec 2022.

Is SK JV 5 Midco Limited profitable?

No — SK JV 5 Midco Limited reported a loss of £4k in the year to 31 Dec 2022.

Company No. 07792425 · Incorporated 29 Sep 2011

SK JV 5 Midco Limited

Registered name: SK JV 5 MIDCO LIMITED

Part of Stessa Trading Limited group

SK JV 5 Midco Limited made £198k revenue and a £4k loss in the year to 31 Dec 2022.

SK JV 5 Midco Limited’s revenue fell 77% to £198k in the year to 31 Dec 2022, with a loss of £4k and 6 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Ruislip; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52103Operation of warehousing and storage facilities for land transport activities

Status: Active
Location: Ruislip, 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. From the filing: “SK JV 5 Holdco Limited”

Latest accounts · year to 31 Dec 2022

Key figures

Small teamCapital-lightBoring industry

Revenue

£198k

Growth ▼77.2%

Profit

−£4k

Growth ▼101.4%

Profit margin

−2%

Gross 100%

Employees

Change ▲100%

Profit / employee

−£667

Revenue/employee £33k

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 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£867k	£198k
Gross profit	£867k	£198k
Operating profit	£340k	−£7k
Profit before tax	£350k	−£5k
Profit after tax	£284k	−£4k
Profit (best available)	£284k	−£4k
Employees (average)	3	6
Ratios
Profit margin	32.8%	−2%
Gross margin	100%	100%
Revenue per employee	£289k	£33k
Profit per employee	£94.7k	−£667
Growth (year on year)
Revenue growth	—	▼77.2%
Profit growth	—	▼101.4%
Headcount growth	—	▲100%
Balance sheet — indirect signals, not revenue
Cash at bank	£392k	£1.7m
Net assets	£856k	£852k
Fixed assets	£21k	£18k
Current assets	£13.1m	£14.5m
Debtors	£0	£8k
Deferred income	£10k	£13k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −2%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £33k; Revenue ÷ average employees.
Profit per employee: −£667; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4%; 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: ▼0%; Now £852k
Cash at bank: ▲323%; Now £1.7m
Headcount: ▲100%; Now 6
Deferred income: ▲30%; Now £13k
Fixed assets: ▼14%; Now £18k

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

Stessa Trading Limitedultimate parent75–100%
Stessa Holdings Limited75–100%
Stessa Limited75–100%
Moorfield Group Limited75–100%
Mref V GP Limited75–100%
Mref V Storage Holdings Limited75–100%
SK JV Bidco Limited75–100%
SK JV 5 Holdco Limited75–100%
SK JV 5 Midco Limitedthis company

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

Subsidiaries (4)

SK Frome LimitedRev. £1.7m · Profit £1m
SK Wednesbury LimitedRev. £1.3m · Profit £752k
SK Banbury LimitedRev. £1.3m · Profit £752k
SK Salisbury LimitedRev. £823k · Profit £1.2m

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 accounts for the year to 31 Dec 2022 (profit −£4k), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.