How much does Skuld Services Ltd make?

Skuld Services Ltd reported revenue of £10m and a loss of £39.3k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Skuld Services Ltd have?

Skuld Services Ltd reported an average of 48 employees in the year to 31 Dec 2025.

Is Skuld Services Ltd profitable?

No — Skuld Services Ltd reported a loss of £39.3k in the year to 31 Dec 2025.

Company No. SC368631 · Incorporated 16 Nov 2009

Skuld Services Ltd

Registered name: SKULD SERVICES LTD

Skuld Services Ltd made £10m revenue and a £39.3k loss in the year to 31 Dec 2025.

Skuld Services Ltd’s revenue grew 11% to £10m in the year to 31 Dec 2025, with a loss of £39.3k and 48 employees. The company is classified under “combined office administrative service activities” and is based in Edinburgh; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82110Combined office administrative service activities

Status: Active
Location: Edinburgh, Scotland
Age: 16 yrs · since 2009
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£10m

Growth ▲11.3%

Profit

−£39.3k

Growth —

Profit margin

−0.4%

Employees

Change ▲11.6%

Profit / employee

−£819

Revenue/employee £209k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	£5.7m	£6.7m	£9m	£10m
Operating profit	£59.7k	£33.1k	£13.5k	£119k
Profit before tax	£74.3k	£79.3k	£61.9k	£97.6k
Profit after tax	−£102	−£10.7k	−£14.7k	−£39.3k
Profit (best available)	−£102	−£10.7k	−£14.7k	−£39.3k
Staff costs	£4m	£5m	£7m	£6.9m
Employees (average)	35	38	43	48
Ratios
Profit margin	0%	−0.2%	−0.2%	−0.4%
Revenue per employee	£162k	£178k	£210k	£209k
Profit per employee	−£3	−£282	−£342	−£819
Cash conversion	185.6%	−727.3%	−2557%	311.8%
Growth (year on year)
Revenue growth	—	▲18.7%	▲33.7%	▲11.3%
Headcount growth	—	▲8.6%	▲13.2%	▲11.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£1.2m	£817k	£735k
Net assets	£1.9m	£1.9m	£1.9m	£1.8m
Fixed assets	£56.6k	£46.1k	£67.2k	£1.5m
Current assets	£2.4m	£2.4m	£2.5m	£2.5m
Debtors	£35.8k	£0	£1.7m	£1.8m
Deferred income	£271k	£194k	£175k	£185k
Cash from operations	£111k	−£240k	−£345k	£371k
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −0.4%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £209k; Revenue ÷ average employees.
Profit per employee: −£819; Profit ÷ average employees.
Cash conversion: 311.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: ▼2%; Now £1.8m
Cash at bank: ▼10%; Now £735k
Headcount: ▲12%; Now 48
Deferred income: ▲6%; Now £185k
Fixed assets: ▲2128%; Now £1.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£39.3k), from the Companies House accounts bulk data published Apr 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.