Skim King Plastering Limited
Registered name: SKIM KING PLASTERING LIMITED
Skim King Plastering Limited made £21.3k revenue and £2.3k profit in the year to 28 Feb 2025.
Skim King Plastering Limited’s revenue fell 4% to £21.3k in the year to 28 Feb 2025, with £2.3k profit and 1 employee. The company is classified under “plastering” and is based in Ryton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ryton, North East
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £22.3k | £21.3k |
| Profit before tax | — | — | £253 | £2.3k |
| Profit after tax | — | — | £253 | £2.3k |
| Profit (best available) | — | — | £253 | £2.3k |
| Staff costs | — | — | £12.4k | £12.4k |
| Employees (average) | 2 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | 1.1% | 10.9% |
| Revenue per employee | — | — | £22.3k | £21.3k |
| Profit per employee | — | — | £253 | £2.3k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼4.3% |
| Profit growth | — | — | — | ▲819% |
| Headcount growth | — | ▼50% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£7.2k | −£9.4k | −£9.1k | −£6.8k |
| Fixed assets | £2.2k | £1.8k | £1.7k | £1.3k |
| Current assets | — | £0 | £533 | £4.8k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | Unaudited Financial Statements · bulk data Nov 2025 |
How the business works
- Profit margin
- 10.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £21.3k
- Revenue ÷ average employees.
- Profit per employee
- £2.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.9%
- 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.
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 −£6.8k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼26%
- Now £1.3k
Sources
Latest figures from Unaudited Financial Statements for the year to 28 Feb 2025 (profit £2.3k), from the Companies House accounts bulk data published Nov 2025. 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.