How much does Shiva Kingsway Limited make?

Shiva Kingsway Limited reported revenue of £12.5m and a loss of £12.1m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Shiva Kingsway Limited have?

Shiva Kingsway Limited reported an average of 100 employees in the year to 31 Mar 2023.

Is Shiva Kingsway Limited profitable?

No — Shiva Kingsway Limited reported a loss of £12.1m in the year to 31 Mar 2023.

Company No. 09213060 · Incorporated 10 Sep 2014

Shiva Kingsway Limited

Registered name: SHIVA KINGSWAY LIMITED

Part of Kingsway Mezz Co Limited group

Shiva Kingsway Limited made £12.5m revenue and a £12.1m loss in the year to 31 Mar 2023.

Shiva Kingsway Limited’s revenue grew 222% to £12.5m in the year to 31 Mar 2023, with a loss of £12.1m and 100 employees. The company is classified under “hotels and similar accommodation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: London, London
Age: 12 yrs · since 2014
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 2023

Key figures

Revenue

£12.5m

Growth ▲222.1%

Profit

−£12.1m

Growth —

Profit margin

−96.8%

Gross 76.1%

Employees

100

Change ▲69.5%

Profit / employee

−£121k

Revenue/employee £125k

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.9m	£12.5m
Cost of sales	£1.1m	£3m
Gross profit	£2.7m	£9.5m
Operating profit	−£4.8m	−£2.8m
Profit before tax	−£11.8m	−£12.1m
Profit after tax	−£11.8m	−£12.1m
Profit (best available)	−£11.8m	−£12.1m
Employees (average)	59	100
Ratios
Profit margin	−303.8%	−96.8%
Gross margin	70.8%	76.1%
Revenue per employee	£65.6k	£125k
Profit per employee	−£199k	−£121k
Growth (year on year)
Revenue growth	—	▲222.1%
Headcount growth	—	▲69.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.7m	£2m
Net assets	−£42m	−£54m
Fixed assets	£161m	£159m
Current assets	£10.3m	£5.1m
Debtors	£256k	−£19.1k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −96.8%; Profit ÷ revenue.
Gross margin: 76.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £125k; Revenue ÷ average employees.
Profit per employee: −£121k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1271%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: −0.1%; 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: —; Now −£54m
Cash at bank: ▼69%; Now £2m
Headcount: ▲69%; Now 100
Deferred income: —; Now —
Fixed assets: ▼1%; Now £159m

Corporate ownership

Group structure

Ownership chain

Kingsway Mezz Co Limitedultimate parent75–100%
Kingsway Asset Co Limited75–100%
Shiva Kingsway Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£12.1m), from the Companies House accounts bulk data published May 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.