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Company No. 02391386 · Incorporated 2 Jun 1989

Csy Retail Systems Ltd

Registered name: CSY RETAIL SYSTEMS LTD

Part of Clearcourse Partnership Holdings Limited group

Csy Retail Systems Ltd made £3.5m revenue and £812k profit in the year to 31 Mar 2024.

Csy Retail Systems Ltd’s revenue grew 4% to £3.5m in the year to 31 Mar 2024, with £812k profit and 30 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
London, London
Age
37 yrs · since 1989
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.

Latest accounts · year to 31 Mar 2024

Key figures

Operating leverage
Revenue
£3.5m
Growth ▲4.1%
Profit
£812k
Growth ▲18.5%
Profit margin
23.3%
 
Employees
30
Change 0%
Profit / employee
£27.1k
Revenue/employee £116k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 2024
DisclosureProfit onlyFull P&LFull P&L
Profit & loss
Revenue (turnover)—£3.4m£3.5m
Gross profit£2.7m£2.7m—
Operating profit£845k£779k£1m
Profit before tax£845k£780k£1m
Profit after tax£740k£685k£812k
Profit (best available)£740k£685k£812k
Staff costs£1.3m£1.2m£1.2m
Employees (average)303030
Ratios
Profit margin—20.4%23.3%
Gross margin—79.9%—
Revenue per employee—£112k£116k
Profit per employee£24.7k£22.8k£27.1k
Growth (year on year)
Revenue growth——▲4.1%
Profit growth—▼7.4%▲18.5%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£1.2m£2m£2.4m
Net assets£2.1m£2.8m£3.6m
Fixed assets£1.7m£1.7m£2.2m
Current assets£1.6m£2.4m£2.8m
Debtors£329k£321k£318k
SourceAbridgedAccounts · bulk data Nov 2023AbridgedAccounts · bulk data Nov 2023AbridgedAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
23.3%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£116k
Revenue ÷ average employees.
Profit per employee
£27.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
62.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.1%
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
▲29%
Now £3.6m
Cash at bank
▲21%
Now £2.4m
Headcount
0%
Now 30
Deferred income
—
Now —
Fixed assets
▲29%
Now £2.2m
Corporate ownership

Group structure

Ownership chain

  1. Clearcourse Partnership Holdings Limitedultimate parent75–100%
  2. Clearcourse Partnership Acquireco Ltd75–100%
  3. Clearcourse Partnership Acquireco Holdings Limited75–100%
  4. Clearcourse Partnership Acquireco Finance Limited75–100%
  5. Csy Retail Systems Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (38)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from AbridgedAccounts for the year to 31 Mar 2024 (profit £812k), from the Companies House accounts bulk data published Aug 2024. 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.