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Company No. 10953103 · Incorporated 8 Sep 2017

Shi Corporation UK Limited

Registered name: SHI CORPORATION UK LIMITED

Shi Corporation UK Limited made £95.8m revenue and £2m profit in the year to 31 Dec 2025.

Shi Corporation UK Limited’s revenue grew 8% to £95.8m in the year to 31 Dec 2025, with £2m profit and 315 employees. The company is classified under “information technology consultancy activities” and is based in Milton Keynes; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
Milton Keynes, South East
Age
9 yrs · since 2017
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightDoing more with lessCash flow filed
Revenue
£95.8m
Growth ▲8.5%
Profit
£2m
Growth —
Profit margin
2.1%
Gross 45.1%
Employees
315
Change ▼10.3%
Profit / employee
£6.4k
Revenue/employee £304k
Profitable streak
1yr
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£118m£115m£88.3m£95.8m
Cost of sales£87.7m£79.5m£50.7m£52.6m
Gross profit£30.5m£35.5m£37.6m£43.2m
Operating profit£286k£285k£392k£3.6m
Profit before tax−£3.7m−£226k−£104k£3.1m
Profit after tax−£3.7m−£866k−£388k£2m
Profit (best available)−£3.7m−£866k−£388k£2m
Staff costs£24.9m£29.6m£31.1m£33.9m
Employees (average)320352351315
Ratios
Profit margin−3.1%−0.8%−0.4%2.1%
Gross margin25.8%30.9%42.5%45.1%
Revenue per employee£369k£327k£252k£304k
Profit per employee−£11.7k−£2.5k−£1.1k£6.4k
Cash conversion3898%486.5%−588.5%150.4%
Growth (year on year)
Revenue growth—▼2.7%▼23.2%▲8.5%
Headcount growth—▲10%▼0.3%▼10.3%
Balance sheet — indirect signals, not revenue
Cash at bank£7.2m£7.2m£4.1m£8.6m
Net assets−£6m−£6.9m£2.7m£4.7m
Fixed assets£6.4m£5.9m£4.9m£4.1m
Current assets£68.7m£49.8m£37.8m£58.8m
Debtors£51.1m£36.2m£28m£25.7m
Deferred income£11.8m£12.1m£8.6m£20.2m
Cash from operations£11.1m£1.4m−£2.3m£5.4m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Nov 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2.1%
Profit ÷ revenue.
Gross margin
45.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£304k
Revenue ÷ average employees.
Profit per employee
£6.4k
Profit ÷ average employees.
Cash conversion
150.4%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
21.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
26.8%
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
▲74%
Now £4.7m
Cash at bank
▲111%
Now £8.6m
Headcount
▼10%
Now 315
Deferred income
▲135%
Now £20.2m
Fixed assets
▼16%
Now £4.1m

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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2m), from the Companies House accounts bulk data published Sep 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.