How much does Sadie Coles H Q Limited make?

Sadie Coles H Q Limited reported revenue of £25.8m and £397k profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Sadie Coles H Q Limited have?

Sadie Coles H Q Limited reported an average of 37 employees in the year to 31 Jul 2025.

Is Sadie Coles H Q Limited profitable?

Yes — Sadie Coles H Q Limited reported a profit of £397k in the year to 31 Jul 2025.

Company No. 03211376 · Incorporated 12 Jun 1996

Sadie Coles H Q Limited

Registered name: SADIE COLES H Q LIMITED

Sadie Coles H Q Limited made £25.8m revenue and £397k profit in the year to 31 Jul 2025.

Sadie Coles H Q Limited’s revenue fell 10% to £25.8m in the year to 31 Jul 2025, with £397k profit and 37 employees. The company is classified under “operation of arts facilities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 90040Operation of arts facilities

Status: Active
Location: London, London
Age: 30 yrs · since 1996
Type: Private Limited Company

Latest accounts · year to 31 Jul 2025

Key figures

IndependentCash flow filed

Revenue

£25.8m

Growth ▼10%

Profit

£397k

Growth ▲92.3%

Profit margin

1.5%

Gross 33.9%

Employees

Change ▼5.1%

Profit / employee

£10.7k

Revenue/employee £698k

Profitable streak

4yrs

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£43.8m	£51.7m	£28.7m	£25.8m
Cost of sales	£30.7m	£35.7m	£21.4m	£17.1m
Gross profit	£13.1m	£16m	£7.3m	£8.7m
Operating profit	£6.4m	£5.1m	£65.8k	£507k
Profit before tax	£6.5m	£5.1m	£400k	£628k
Profit after tax	£5.2m	£4m	£206k	£397k
Profit (best available)	£5.2m	£4m	£206k	£397k
Staff costs	£3.3m	£3.2m	£2.2m	£2.7m
Employees (average)	37	37	39	37
Ratios
Profit margin	11.9%	7.7%	0.7%	1.5%
Gross margin	29.9%	30.9%	25.4%	33.9%
Revenue per employee	£1.2m	£1.4m	£736k	£698k
Profit per employee	£141k	£108k	£5.3k	£10.7k
Cash conversion	161.2%	5.8%	−3663%	538.8%
Growth (year on year)
Revenue growth	—	▲17.9%	▼44.5%	▼10%
Profit growth	—	▼23.8%	▼94.8%	▲92.3%
Headcount growth	—	0%	▲5.4%	▼5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£12.6m	£10.8m	£5.8m	£5.2m
Net assets	£29m	£32.5m	£30.8m	£30.4m
Fixed assets	£1.7m	£1.5m	£1.9m	£4.6m
Current assets	£37.6m	£46.1m	£32.6m	£30.2m
Debtors	£4.4m	£11.2m	£3.2m	£2.2m
Cash from operations	£10.4m	£294k	−£2.4m	£2.7m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 33.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £698k; Revenue ÷ average employees.
Profit per employee: £10.7k; Profit ÷ average employees.
Cash conversion: 538.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.4%; 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: ▼1%; Now £30.4m
Cash at bank: ▼11%; Now £5.2m
Headcount: ▼5%; Now 37
Deferred income: —; Now —
Fixed assets: ▲136%; Now £4.6m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £397k), from the Companies House accounts bulk data published Mar 2026. 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.