How much does The Skills Network Limited make?

The Skills Network Limited reported revenue of £20.7m and £1.7m profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does The Skills Network Limited have?

The Skills Network Limited reported an average of 245 employees in the year to 31 Jul 2025.

Is The Skills Network Limited profitable?

Yes — The Skills Network Limited reported a profit of £1.7m in the year to 31 Jul 2025.

Company No. 06445363 · Incorporated 5 Dec 2007

The Skills Network Limited

Registered name: THE SKILLS NETWORK LIMITED

Part of The Skills Network (TSN) Group Limited group

The Skills Network Limited made £20.7m revenue and £1.7m profit in the year to 31 Jul 2025.

The Skills Network Limited’s revenue fell 9% to £20.7m in the year to 31 Jul 2025, with £1.7m profit and 245 employees. The company is classified under “educational support services” and is based in Selby; we hold 4 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85600Educational support services

Status: Active
Location: Selby, Yorkshire and The Humber
Age: 18 yrs · since 2007
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.

Latest accounts · year to 31 Jul 2025

Key figures

Capital-lightCash flow filed

Revenue

£20.7m

Growth ▼8.5%

Profit

£1.7m

Growth ▲22.8%

Profit margin

Gross 89.1%

Employees

245

Change ▼6.8%

Profit / employee

£6.8k

Revenue/employee £84.6k

Profitable streak

2yrs

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)	£18.7m	£20m	£22.6m	£20.7m
Cost of sales	£3.9m	£3.3m	£3.7m	£2.2m
Gross profit	£14.7m	£16.7m	£18.9m	£18.5m
Operating profit	−£746k	−£1.9m	£998k	£1.9m
Profit before tax	−£1m	−£2m	£964k	£1.9m
Profit after tax	−£894k	−£2m	£1.4m	£1.7m
Profit (best available)	−£894k	−£2m	£1.4m	£1.7m
Staff costs	£9.5m	£10.2m	£9.4m	£8.8m
Employees (average)	306	313	263	245
Ratios
Profit margin	−4.8%	−9.8%	6%	8%
Gross margin	79%	83.4%	83.5%	89.1%
Revenue per employee	£61k	£63.8k	£86.1k	£84.6k
Profit per employee	−£2.9k	−£6.3k	£5.1k	£6.8k
Cash conversion	—	—	−159.8%	−163.9%
Growth (year on year)
Revenue growth	—	▲7%	▲13.4%	▼8.5%
Profit growth	—	—	—	▲22.8%
Headcount growth	—	▲2.3%	▼16%	▼6.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£190k	£1.3m	£3.6m
Net assets	£2.1m	£24.3k	£1.4m	£2.8m
Fixed assets	£1.9m	£2m	£1.1m	£989k
Current assets	£6.7m	£3m	£4.6m	£5.3m
Debtors	£3.5m	£1.1m	£1.5m	£1.2m
Deferred income	£3.7m	£2.4m	£3m	£1.8m
Cash from operations	−£345k	−£185k	−£1.6m	−£3.1m
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 8%; Profit ÷ revenue.
Gross margin: 89.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £84.6k; Revenue ÷ average employees.
Profit per employee: £6.8k; Profit ÷ average employees.
Cash conversion: −163.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.8%; 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: ▲101%; Now £2.8m
Cash at bank: ▲167%; Now £3.6m
Headcount: ▼7%; Now 245
Deferred income: ▼40%; Now £1.8m
Fixed assets: ▼12%; Now £989k

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

Corporate ownership

Group structure

Ownership chain

The Skills Network (TSN) Group Limitedultimate parent75–100%
The Skills Network Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £1.7m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 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.