Spinko Limited
Registered name: SPINKO LIMITED
Part of Spinko Holdings Limited groupSpinko Limited made £745k revenue and a £1.7m loss in the year to 29 Jun 2025. read from filing text
Spinko Limited’s revenue grew 6% to £745k in the year to 29 Jun 2025, with a loss of £1.7m and 3 employees. The company is classified under “manufacture of mattresses” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 25 yrs · since 2001
- 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: “As at the year end, the immediate parent undertaking and ultimate parent company was Spinko Holdings Limited, a company registered in England and Wales. The consolidated financial statements are avail”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Jun 2022 | 25 Jun 2023 | 30 Jun 2024 | 29 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £703k | £745k |
| Cost of sales | £41m | £31.9m | £30.5m | — |
| Operating profit | — | — | £239k | −£3.5m |
| Profit before tax | — | — | £1.1m | −£979k |
| Profit after tax | £4.9m | £3.1m | £1m | −£1.7m |
| Profit (best available) | £4.9m | £3.1m | £1m | −£1.7m |
| Staff costs | £89k | £138k | £162k | £194k |
| Employees (average) | 2 | 2 | 2 | 3 |
| Ratios | ||||
| Profit margin | — | — | 148.6% | −230.3% |
| Revenue per employee | — | — | £351k | £248k |
| Profit per employee | £2.4m | £1.5m | £522k | −£572k |
| Cash conversion | — | — | −3114% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲6.1% |
| Profit growth | — | ▼37.3% | ▼65.8% | ▼264.4% |
| Headcount growth | — | 0% | 0% | ▲50% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £160k | £817k | £1.7m | £823k |
| Net assets | £37.6m | £40.7m | £41.7m | £39.9m |
| Fixed assets | £23.2m | £22.5m | £22.5m | £24.3m |
| Current assets | £16.3m | £20.5m | £22.7m | £23m |
| Debtors | £2.4m | £187k | £37.8k | £128k |
| Deferred income | £9.2k | £14k | £560k | £14.1k |
| Cash from operations | — | — | −£7.5m | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −230.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £248k
- Revenue ÷ average employees.
- Profit per employee
- −£572k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3263%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.2%
- 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
- ▼4%
- Now £39.9m
- Cash at bank
- ▼51%
- Now £823k
- Headcount
- ▲50%
- Now 3
- Deferred income
- ▼97%
- Now £14.1k
- Fixed assets
- ▲8%
- Now £24.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Spinko Holdings Limitedultimate parent75–100%
- Spinko Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- HS Products LtdRev. £13.4m · Profit £798k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 29 Jun 2025 (profit −£1.7m), from the Companies House accounts bulk data published Mar 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.