Shin Bidco Limited
Registered name: SHIN BIDCO LIMITED
Part of Shin Topco Limited groupShin 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 579 | 669 | 787 |
| Ratios | |||
| Profit margin | −10.9% | −12% | −13.7% |
| Gross margin | 65.5% | 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 | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2026 |
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.
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 —
Group structure
Ownership chain
- Shin Topco Limitedultimate parent75–100%
- Shin Holdco Limited75–100%
- Shin Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- K3 Advisory Group LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.