Happy Computers Limited
Registered name: HAPPY COMPUTERS LIMITED
Part of Happy Employee Ownership Trustee Limited groupHappy Computers Limited made £2.3m revenue and £41.2k profit in the year to 30 Sep 2025. read from filing text
Happy Computers Limited’s revenue fell 5% to £2.3m in the year to 30 Sep 2025, with £41.2k profit and 23 employees. The company is classified under “other software publishing” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 38 yrs · since 1987
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 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) | £2.5m | £2.5m | £2.5m | £2.3m |
| Cost of sales | £872k | £1m | £1m | £957k |
| Gross profit | £1.6m | £1.5m | £1.4m | £1.4m |
| Operating profit | £332k | £143k | £73k | −£65k |
| Profit before tax | £305k | £158k | £127k | −£37.3k |
| Profit after tax | £250k | £117k | £91.5k | £41.2k |
| Profit (best available) | £250k | £117k | £91.5k | £41.2k |
| Employees (average) | 22 | 23 | 23 | 23 |
| Ratios | ||||
| Profit margin | 10.1% | 4.6% | 3.7% | 1.8% |
| Gross margin | 64.6% | 59.2% | 58.8% | 58.9% |
| Revenue per employee | £112k | £111k | £107k | £101k |
| Profit per employee | £11.3k | £5.1k | £4k | £1.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.2% | ▼3.5% | ▼5.2% |
| Profit growth | — | ▼53.2% | ▼21.7% | ▼55% |
| Headcount growth | — | ▲4.5% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £1.1m | £564k | £413k |
| Net assets | £734k | £827k | £919k | −£617k |
| Fixed assets | £107k | £73.7k | £34.8k | £51.2k |
| Current assets | £1.6m | £1.7m | £1.8m | £933k |
| Debtors | £363k | £326k | £230k | £272k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 58.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £101k
- Revenue ÷ average employees.
- Profit per employee
- £1.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.7%
- 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
- ▼167%
- Now −£617k
- Cash at bank
- ▼27%
- Now £413k
- Headcount
- 0%
- Now 23
- Deferred income
- —
- Now —
- Fixed assets
- ▲47%
- Now £51.2k
Group structure
Ownership chain
- Happy Employee Ownership Trustee Limitedultimate parent50–75%
- Happy Computers 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).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £41.2k), from the Companies House accounts bulk data published Jun 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.