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Company No. 02432936 · Incorporated 16 Oct 1989

Prophet Limited

Registered name: PROPHET LIMITED

Part of Valstone UK Holdings Limited group

Prophet Limited made £5.9m revenue and £1.7m profit in the year to 31 Dec 2024. read from filing text

Prophet Limited’s revenue grew 10% to £5.9m in the year to 31 Dec 2024, with £1.7m profit and 45 employees. The company is classified under “business and domestic software development” and is based in Copse Drive Meriden; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
Copse Drive Meriden, West Midlands
Age
36 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. From the filing: “The immediate parent undertaking is Valstone UK Holdings Limited, a company incorporated and registered in England and Wales (registered number 14331011). Valstone UK Holdings Limited is a wholly owne”

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverageDoing more with lessCash flow filed
Revenue
£5.9m
Growth ▲9.9%
Profit
£1.7m
Growth ▲222.8%
Profit margin
29.4%
Gross 99.6%
Employees
45
Change ▼13.5%
Profit / employee
£38.5k
Revenue/employee £131k
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 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£5.1m£5.4m£5.9m
Cost of sales——£24.2k
Gross profit——£5.9m
Operating profit£1.2m£1.3m£2.1m
Profit before tax£1.2m£832k£2.2m
Profit after tax£1.1m£536k£1.7m
Profit (best available)£1.1m£536k£1.7m
Staff costs£3.8m£3.6m£3.3m
Employees (average)545245
Ratios
Profit margin21.7%10%29.4%
Gross margin——99.6%
Revenue per employee£94.4k£103k£131k
Profit per employee£20.5k£10.3k£38.5k
Cash conversion234%−446.6%9.6%
Growth (year on year)
Revenue growth—▲5.3%▲9.9%
Profit growth—▼51.6%▲222.8%
Headcount growth—▼3.7%▼13.5%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£486k£593k
Net assets£11.5m£3.1m£4.8m
Fixed assets£1m£468k—
Current assets£13.1m£5.2m£7.5m
Debtors£398k£914k£1.6m
Deferred income£2m£1.5m£1.5m
Cash from operations£2.9m−£5.8m£206k
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
29.4%
Profit ÷ revenue.
Gross margin
99.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£131k
Revenue ÷ average employees.
Profit per employee
£38.5k
Profit ÷ average employees.
Cash conversion
9.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
25.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
27.8%
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
▲56%
Now £4.8m
Cash at bank
▲22%
Now £593k
Headcount
▼13%
Now 45
Deferred income
▲3%
Now £1.5m
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Valstone UK Holdings Limitedultimate parent75–100%
  2. Prophet Limitedthis company

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

Subsidiaries (1)

Sister companies (4)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.7m), from the Companies House accounts bulk data published Nov 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.