Southern Sheeting Supplies Ltd
Registered name: SOUTHERN SHEETING SUPPLIES LTD
Part of Varn Group Ltd groupSouthern Sheeting Supplies Ltd made £16.6m revenue and £23.4k profit in the year to 31 Mar 2025. read from filing text
Southern Sheeting Supplies Ltd’s revenue was £16.6m in the year to 31 Mar 2025, with £23.4k profit and 55 employees. The company is classified under “roofing activities” and is based in Crawley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Crawley, South East
- Age
- 13 yrs · since 2013
- 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: “On 27 March 2025, VARN Group Ltd became the ultimate controlling party of Southern Sheeting Supplies Limited as it acquired 100% of the company's issued share capital. The registered office of VARN Gr”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £19.5m | £19.7m | £16.6m | £16.6m |
| Cost of sales | £16m | £16.5m | £14m | £14.2m |
| Gross profit | £3.6m | £3.1m | £2.6m | £2.4m |
| Operating profit | £1.6m | £852k | −£14.3k | £34.8k |
| Profit before tax | £1.6m | £876k | £46.1k | £80.9k |
| Profit after tax | £1.3m | £648k | −£4.9k | £23.4k |
| Profit (best available) | £1.3m | £648k | −£4.9k | £23.4k |
| Staff costs | £1.8m | £2.1m | £2.2m | £2.2m |
| Employees (average) | 53 | 55 | 57 | 55 |
| Ratios | ||||
| Profit margin | 6.6% | 3.3% | 0% | 0.1% |
| Gross margin | 18.4% | 15.9% | 15.7% | 14.4% |
| Revenue per employee | £369k | £358k | £290k | £302k |
| Profit per employee | £24.2k | £11.8k | −£87 | £426 |
| Cash conversion | −20.2% | −83% | — | −2216% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲0.6% | ▼15.8% | ▲0.2% |
| Profit growth | — | ▼49.4% | ▼100.8% | — |
| Headcount growth | — | ▲3.8% | ▲3.6% | ▼3.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9m | £1.2m | £1.3m | £1m |
| Net assets | £3.5m | £4m | £3.9m | £3.7m |
| Fixed assets | £1.5m | £2m | £1.9m | £1.7m |
| Current assets | £6m | £5.6m | £5.6m | £5.6m |
| Debtors | £2.1m | £2m | £1.7m | £2.2m |
| Deferred income | £36k | £101k | £224k | £215k |
| Cash from operations | −£327k | −£707k | −£350k | −£771k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 14.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £302k
- Revenue ÷ average employees.
- Profit per employee
- £426
- Profit ÷ average employees.
- Cash conversion
- −2216%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.2%
- 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
- ▼5%
- Now £3.7m
- Cash at bank
- ▼21%
- Now £1m
- Headcount
- ▼4%
- Now 55
- Deferred income
- ▼4%
- Now £215k
- Fixed assets
- ▼10%
- Now £1.7m
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
- Varn Group Ltdultimate parent75–100%
- Southern Sheeting Supplies Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Southern Sheeting Properties LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £23.4k), 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.