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Company No. 14516615 · Incorporated 30 Nov 2022

Shin Bidco Limited

Registered name: SHIN BIDCO LIMITED

Part of Shin Topco Limited group

Shin Bidco Limited made £101m revenue and a £13.8m loss in the year to 31 May 2025.

Shin Bidco Limited’s revenue grew 13% to £101m in the year to 31 May 2025, with a loss of £13.8m and 787 employees. The company is classified under “other service activities” and is based in Bolton; we hold 3 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Bolton, North West
Age
3 yrs · since 2022
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 May 2025

Key figures

Revenue
£101m
Growth ▲13%
Profit
−£13.8m
Growth —
Profit margin
−13.7%
Gross 51.6%
Employees
787
Change ▲17.6%
Profit / employee
−£17.6k
Revenue/employee £129k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£27.7m£89.8m£101m
Cost of sales−£9.6m−£40.4m−£49.1m
Gross profit£18.1m£49.4m£52.4m
Operating profit£971k£3.7m£1.1m
Profit before tax−£2.7m−£12.2m−£14.8m
Profit after tax−£3m−£10.8m−£13.8m
Profit (best available)−£3m−£10.8m−£13.8m
Employees (average)579669787
Ratios
Profit margin−10.9%−12%−13.7%
Gross margin65.5%55%51.6%
Revenue per employee£47.8k£134k£129k
Profit per employee−£5.2k−£16.1k−£17.6k
Growth (year on year)
Revenue growth—▲224.2%▲13%
Headcount growth—▲15.5%▲17.6%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Feb 2025Accounts · bulk data Feb 2025Accounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
−13.7%
Profit ÷ revenue.
Gross margin
51.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£129k
Revenue ÷ average employees.
Profit per employee
−£17.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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.
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 —
Cash at bank
—
Now —
Headcount
▲18%
Now 787
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Shin Topco Limitedultimate parent75–100%
  2. Shin Holdco Limited75–100%
  3. Shin Bidco Limitedthis company

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

Subsidiaries (1)

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 May 2025 (profit −£13.8m), from the Companies House accounts bulk data published Feb 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.