SKF Wholesale Limited
Registered name: SKF WHOLESALE LIMITED
SKF Wholesale Limited made £8.9m revenue and £972k profit in the year to 31 Aug 2024.
SKF Wholesale Limited’s revenue fell 2% to £8.9m in the year to 31 Aug 2024, with £972k profit and 11 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Willenhall; we hold 4 years of its filed accounts.
- Status
- Liquidation
- Location
- Willenhall, West Midlands
- Age
- 7 yrs · since 2018
- 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 | 31 Aug 2021 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.7m | £8.5m | £9.1m | £8.9m |
| Cost of sales | £3.7m | £6.6m | £7m | £6.5m |
| Gross profit | £968k | £1.8m | £2.1m | £2.5m |
| Operating profit | £487k | £880k | £963k | £1.1m |
| Profit before tax | £487k | £880k | £963k | £1.1m |
| Profit after tax | £416k | £752k | £843k | £972k |
| Profit (best available) | £416k | £752k | £843k | £972k |
| Employees (average) | 7 | 11 | 12 | 11 |
| Ratios | ||||
| Profit margin | 8.9% | 8.9% | 9.2% | 10.9% |
| Gross margin | 20.7% | 21.6% | 23.5% | 27.6% |
| Revenue per employee | £667k | £770k | £760k | £810k |
| Profit per employee | £59.4k | £68.4k | £70.2k | £88.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲81.2% | ▲7.8% | ▼2.4% |
| Profit growth | — | ▲80.8% | ▲12% | ▲15.3% |
| Headcount growth | — | ▲57.1% | ▲9.1% | ▼8.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £167k | £407k | £490k | £630k |
| Net assets | £430k | £957k | £1.4m | £2m |
| Fixed assets | £201k | £465k | £834k | £1.1m |
| Current assets | £321k | £666k | £747k | £1.2m |
| Debtors | £65.3k | £106k | £55.2k | £259k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 10.9%
- Profit ÷ revenue.
- Gross margin
- 27.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £810k
- Revenue ÷ average employees.
- Profit per employee
- £88.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.9%
- 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
- ▲39%
- Now £2m
- Cash at bank
- ▲29%
- Now £630k
- Headcount
- ▼8%
- Now 11
- Deferred income
- —
- Now —
- Fixed assets
- ▲27%
- Now £1.1m
Similar profitable businesses
- Mna Wholesale Fruit and Veg LtdLondon · Wholesale of fruit and vegetables
- Revenue
- £7.7m
- Profit
- £1.2m
- Staff
- 6
- Fesa (UK) LimitedSpalding · Wholesale of fruit and vegetables
- Revenue
- £11.2m
- Profit
- £478k
- Staff
- 12
- G.w.price LimitedSheffield · Wholesale of fruit and vegetables
- Revenue
- £11.4m
- Profit
- £300k
- Staff
- 63
- Scott Farms (UK) LtdBirmingham · Wholesale of fruit and vegetables
- Revenue
- £6.2m
- Profit
- £36.7k
- Staff
- 13
- Pan Fresh LimitedLondon · Wholesale of fruit and vegetables
- Revenue
- £13.1m
- Profit
- £121k
- Staff
- 6
- Quality Veg Suppliers LimitedBradford · Wholesale of fruit and vegetables
- Revenue
- £6m
- Profit
- £137k
- Staff
- 19
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £972k), from the Companies House accounts bulk data published May 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.