Siere Trading Ltd
Registered name: SIERE TRADING LTD
Siere Trading Ltd made £4m revenue and a £487k loss in the year to 31 Dec 2025.
Siere Trading Ltd’s revenue fell 85% to £4m in the year to 31 Dec 2025, with a loss of £487k and 6 employees. The company is classified under “wholesale of clothing and footwear” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 6 yrs · since 2020
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £25.4m | £30.2m | £27.2m | £4m |
| Cost of sales | £16.5m | £20.6m | £17m | £4.8m |
| Gross profit | £8.9m | £9.6m | £10.2m | −£770k |
| Operating profit | £990k | £1.1m | −£371k | −£1.6m |
| Profit before tax | £975k | £1m | −£415k | −£1.7m |
| Profit after tax | £69.1k | £78.2k | −£195k | −£487k |
| Profit (best available) | £69.1k | £78.2k | −£195k | −£487k |
| Staff costs | £2.6m | £3.1m | £3.7m | £590k |
| Employees (average) | 31 | 38 | 38 | 6 |
| Ratios | ||||
| Profit margin | 0.3% | 0.3% | −0.7% | −12.1% |
| Gross margin | 35% | 31.9% | 37.5% | −19.1% |
| Revenue per employee | £821k | £795k | £715k | £671k |
| Profit per employee | £2.2k | £2.1k | −£5.1k | −£81.2k |
| Cash conversion | 227.8% | −59.4% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18.7% | ▼10.1% | ▼85.2% |
| Profit growth | — | ▲13.2% | ▼349% | — |
| Headcount growth | — | ▲22.6% | 0% | ▼84.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £553k | £131k | £222k | £144k |
| Net assets | £117k | £196k | £994 | −£486k |
| Fixed assets | £17.1k | £12k | £10.1k | £8.8k |
| Current assets | £1.9m | £1.3m | £803k | £167k |
| Debtors | £311k | £238k | £108k | £640 |
| Cash from operations | £2.3m | −£644k | £411k | −£977k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −12.1%
- Profit ÷ revenue.
- Gross margin
- −19.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £671k
- Revenue ÷ average employees.
- Profit per employee
- −£81.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼48986%
- Now −£486k
- Cash at bank
- ▼35%
- Now £144k
- Headcount
- ▼84%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▼13%
- Now £8.8k
Similar profitable businesses
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- Profit
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- Staff
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- Longworth LtdManchester · Wholesale of clothing and footwear
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- Wolford London LimitedHarrow · Wholesale of clothing and footwear
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- Profit
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- Soya Concept UK LimitedLondon · Wholesale of clothing and footwear
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£487k), from the Companies House accounts bulk data published Sep 2026. 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.