How much does SBC (Uganda) Limited make?

SBC (Uganda) Limited reported revenue of £12.4m and £5.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does SBC (Uganda) Limited have?

SBC (Uganda) Limited reported an average of 224 employees in the year to 31 Dec 2024.

Is SBC (Uganda) Limited profitable?

Yes — SBC (Uganda) Limited reported a profit of £5.2m in the year to 31 Dec 2024.

Company No. 10081965 · Incorporated 23 Mar 2016

SBC (Uganda) Limited

Registered name: SBC (UGANDA) LIMITED

Part of Shikun & Binui Limited group

SBC (Uganda) Limited made £12.4m revenue and £5.2m profit in the year to 31 Dec 2024. read from filing text

SBC (Uganda) Limited’s revenue fell 45% to £12.4m in the year to 31 Dec 2024, with £5.2m profit and 224 employees. The company is classified under “construction of other civil engineering projects” and is based in Birmingham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Birmingham, West Midlands
Age: 10 yrs · since 2016
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: “As at the reporting date, the immediate parent company is S.B.I. International Holdings AG, which holds 99% of SBC (Uganda) Limited's shares. The remaining 1% of the shares are held by Colas Limited. ”

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed

Revenue

£12.4m

Growth ▼44.7%

Profit

£5.2m

Growth ▲96.3%

Profit margin

42.2%

Gross 49%

Employees

224

Change ▼48%

Profit / employee

£23.4k

Revenue/employee £55.5k

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 to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£46.2m	£40m	£22.5m	£12.4m
Cost of sales	£26m	£26.5m	£13.9m	£6.3m
Gross profit	£20.2m	£13.4m	£8.6m	£6.1m
Operating profit	£26.4m	£24.7m	£1.1m	£6.3m
Profit before tax	£26.7m	£26.5m	£4.4m	£6.9m
Profit after tax	£20.6m	£21.6m	£2.7m	£5.2m
Profit (best available)	£20.6m	£21.6m	£2.7m	£5.2m
Staff costs	£5.5m	£5.9m	£3.8m	£2.5m
Employees (average)	1,005	926	431	224
Ratios
Profit margin	44.6%	53.9%	11.9%	42.2%
Gross margin	43.7%	33.6%	38%	49%
Revenue per employee	£46k	£43.1k	£52.2k	£55.5k
Profit per employee	£20.5k	£23.3k	£6.2k	£23.4k
Cash conversion	42.3%	29.3%	−5244%	−43%
Growth (year on year)
Revenue growth	—	▼13.6%	▼43.7%	▼44.7%
Profit growth	—	▲4.5%	▼87.6%	▲96.3%
Headcount growth	—	▼7.9%	▼53.5%	▼48%
Balance sheet — indirect signals, not revenue
Cash at bank	£23.3m	£16.1m	£4.6m	£5.2m
Net assets	£57.7m	£16.9m	£11.2m	£15m
Fixed assets	£5m	£3.8m	£3m	£2.8m
Current assets	£69.2m	£78.9m	£10.1m	£14.8m
Debtors	£36.4m	£56.8m	£3m	£7.5m
Deferred income	£627k	£749k	£577k	£913k
Cash from operations	£11.2m	£7.2m	−£58m	−£2.7m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 42.2%; Profit ÷ revenue.
Gross margin: 49%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £55.5k; Revenue ÷ average employees.
Profit per employee: £23.4k; Profit ÷ average employees.
Cash conversion: −43%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 60.3%; 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: ▲34%; Now £15m
Cash at bank: ▲13%; Now £5.2m
Headcount: ▼48%; Now 224
Deferred income: ▲58%; Now £913k
Fixed assets: ▼9%; Now £2.8m

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

Shikun & Binui Limited (registered outside the UK register)ultimate parent75–100%
SBC (Uganda) 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 Dec 2024 (profit £5.2m), 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.