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.
- Status
- Active
- Location
- Milton Keynes, South East
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 320 | 352 | 351 | 315 |
| Ratios | ||||
| Profit margin | −3.1% | −0.8% | −0.4% | 2.1% |
| Gross margin | 25.8% | 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 conversion | 3898% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Sep 2026 |
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.
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.