Sika Limited
Registered name: SIKA LIMITED
Part of Sika Ag groupSika Limited made £288m revenue and a £26.3m loss in the year to 31 Dec 2024.
Sika Limited’s revenue fell 4% to £288m in the year to 31 Dec 2024, with a loss of £26.3m and 931 employees. The company is classified under “manufacture of other inorganic basic chemicals” and is based in Herts; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Herts
- Age
- 98 yrs · since 1927
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £176m | £301m | £288m |
| Cost of sales | −£104m | −£168m | −£162m |
| Gross profit | £71.7m | £133m | £126m |
| Operating profit | −£3.3m | £6.9m | −£2.3m |
| Profit before tax | £14.4m | −£31.6m | −£26.3m |
| Profit after tax | £14.4m | −£31.6m | −£26.3m |
| Profit (best available) | £14.4m | −£31.6m | −£26.3m |
| Employees (average) | 567 | 859 | 931 |
| Ratios | |||
| Profit margin | 8.2% | −10.5% | −9.1% |
| Gross margin | 40.8% | 44.2% | 43.8% |
| Revenue per employee | £310k | £350k | £310k |
| Profit per employee | £25.4k | −£36.8k | −£28.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲71.3% | ▼4.2% |
| Profit growth | — | ▼319.5% | — |
| Headcount growth | — | ▲51.5% | ▲8.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data May 2025 |
How the business works
- Profit margin
- −9.1%
- Profit ÷ revenue.
- Gross margin
- 43.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £310k
- Revenue ÷ average employees.
- Profit per employee
- −£28.3k
- 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
- ▲8%
- Now 931
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Sika Ag (registered outside the UK register)ultimate parent75–100%
- Sika Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Cromar Building Products LimitedRev. £24.9m · Profit £2.7m
- Liquid Plastics LimitedFigures not disclosed
- MBCC Construction Chemicals LimitedFigures not disclosed
- Sarnafil Roof Assured LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£26.3m), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.