How much does Soapworks Limited make?

Soapworks Limited reported revenue of £11.5m and £19.5k profit in the year to 29 Dec 2023, according to its accounts filed at Companies House.

How many employees does Soapworks Limited have?

Soapworks Limited reported an average of 103 employees in the year to 29 Dec 2023.

Is Soapworks Limited profitable?

Yes — Soapworks Limited reported a profit of £19.5k in the year to 29 Dec 2023.

Company No. SC388292 · Incorporated 5 Nov 2010

Soapworks Limited

Registered name: SOAPWORKS LIMITED

Soapworks Limited made £11.5m revenue and £19.5k profit in the year to 29 Dec 2023.

Soapworks Limited’s revenue was £11.5m in the year to 29 Dec 2023, with £19.5k profit and 103 employees. The company is classified under “manufacture of soap and detergents” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 20411Manufacture of soap and detergents

Status: Active
Location: Glasgow, Scotland
Age: 15 yrs · since 2010
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. From the filing: “Cacata Investment Inc”

Latest accounts · year to 29 Dec 2023

Key figures

Cash flow filed

Revenue

£11.5m

Growth ▼0.3%

Profit

£19.5k

Growth —

Profit margin

0.2%

Gross 15.2%

Employees

103

Change ▲6.2%

Profit / employee

£189

Revenue/employee £112k

Profitable streak

1yr

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 2021	30 Dec 2022	31 Dec 2022	29 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&L	Full P&Lread from filing text	Full P&L
Profit & loss
Revenue (turnover)	£12.3m	£11.6m	£11.6m	£11.5m
Cost of sales	£10.8m	£9.9m	£9.9m	£9.8m
Gross profit	£1.5m	£1.7m	£1.7m	£1.8m
Operating profit	−£136k	−£388k	−£388k	£182k
Profit before tax	−£208k	−£520k	−£520k	£19.5k
Profit after tax	−£208k	−£520k	−£520k	£19.5k
Profit (best available)	−£208k	−£520k	−£520k	£19.5k
Staff costs	£3m	£3.3m	£3.3m	£3.4m
Employees (average)	100	97	97	103
Ratios
Profit margin	−1.7%	−4.5%	−4.5%	0.2%
Gross margin	12.2%	14.8%	14.8%	15.2%
Revenue per employee	£123k	£119k	£119k	£112k
Profit per employee	−£2.1k	−£5.4k	−£5.4k	£189
Cash conversion	—	—	—	455.7%
Growth (year on year)
Revenue growth	—	▼5.9%	—	▼0.3%
Headcount growth	—	▼3%	—	▲6.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£136k	£189k	£189k	£224k
Net assets	£59.8k	−£460k	−£460k	−£441k
Fixed assets	£1.7m	£1.9m	£1.9m	£1.8m
Current assets	£4m	£5.1m	£5.1m	£5.1m
Debtors	£1.7m	£2.1m	£2.1m	£1.9m
Deferred income	£668k	£601k	£601k	£672k
Cash from operations	−£711k	£166k	−£166k	£828k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 15.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £112k; Revenue ÷ average employees.
Profit per employee: £189; Profit ÷ average employees.
Cash conversion: 455.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.4%; 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 −£441k
Cash at bank: ▲19%; Now £224k
Headcount: ▲6%; Now 103
Deferred income: ▲12%; Now £672k
Fixed assets: ▼3%; Now £1.8m

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 29 Dec 2023 (profit £19.5k), from the Companies House accounts bulk data published Jan 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.