How much does Shurtape UK Limited make?

Shurtape UK Limited reported revenue of £13.9m and £1.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Shurtape UK Limited have?

Shurtape UK Limited reported an average of 10 employees in the year to 31 Dec 2024.

Is Shurtape UK Limited profitable?

Yes — Shurtape UK Limited reported a profit of £1.1m in the year to 31 Dec 2024.

Company No. 07233961 · Incorporated 23 Apr 2010

Shurtape UK Limited

Registered name: SHURTAPE UK LIMITED

Shurtape UK Limited made £13.9m revenue and £1.1m profit in the year to 31 Dec 2024.

Shurtape UK Limited’s revenue fell 3% to £13.9m in the year to 31 Dec 2024, with £1.1m profit and 10 employees. The company is classified under “other manufacturing” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: London, London
Age: 16 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£13.9m

Growth ▼3.3%

Profit

£1.1m

Growth ▲55.2%

Profit margin

7.8%

Gross 35.4%

Employees

Change 0%

Profit / employee

£108k

Revenue/employee £1.4m

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 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.6m	£12.9m	£14.3m	£13.9m
Cost of sales	£8.7m	£9.3m	£10m	£9m
Gross profit	£3.9m	£3.6m	£4.3m	£4.9m
Operating profit	£1m	£580k	£839k	£1.5m
Profit before tax	—	—	£839k	£1.5m
Profit after tax	£1m	£580k	£694k	£1.1m
Profit (best available)	£1m	£580k	£694k	£1.1m
Staff costs	£997k	£999k	£1.1m	£1.2m
Employees (average)	10	10	10	10
Ratios
Profit margin	8.2%	4.5%	4.9%	7.8%
Gross margin	30.9%	27.9%	29.9%	35.4%
Revenue per employee	£1.3m	£1.3m	£1.4m	£1.4m
Profit per employee	£104k	£58k	£69.4k	£108k
Cash conversion	−47.5%	−3.5%	56%	35.7%
Growth (year on year)
Revenue growth	—	▲2.4%	▲10.7%	▼3.3%
Profit growth	—	▼44%	▲19.6%	▲55.2%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£314k	£248k	£718k	£1.2m
Net assets	£4.3m	£4.9m	£5.6m	£6.7m
Fixed assets	£20.1k	£53.6k	£28.3k	£13.8k
Current assets	£7.4m	£7.2m	£8.2m	£8.6m
Debtors	£1.8m	£3m	£2.4m	£2.1m
Deferred income	£886k	£831k	£1.1m	£891k
Cash from operations	−£492k	−£20.5k	£470k	£525k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 7.8%; Profit ÷ revenue.
Gross margin: 35.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.4m; Revenue ÷ average employees.
Profit per employee: £108k; Profit ÷ average employees.
Cash conversion: 35.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.4%; 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: ▲19%; Now £6.7m
Cash at bank: ▲73%; Now £1.2m
Headcount: 0%; Now 10
Deferred income: ▼16%; Now £891k
Fixed assets: ▼51%; Now £13.8k

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 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Sep 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.