How much does Softline UK Limited make?

Softline UK Limited reported revenue of £1.2m and a loss of £191k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Softline UK Limited have?

Softline UK Limited reported an average of 9 employees in the year to 31 Dec 2023.

Is Softline UK Limited profitable?

No — Softline UK Limited reported a loss of £191k in the year to 31 Dec 2023.

Company No. 02438121 · Incorporated 31 Oct 1989

Softline UK Limited

Registered name: SOFTLINE UK LIMITED

Part of Softline Ltd group

Softline UK Limited made £1.2m revenue and a £191k loss in the year to 31 Dec 2023.

Softline UK Limited’s revenue fell 19% to £1.2m in the year to 31 Dec 2023, with a loss of £191k and 9 employees. The company is classified under “information technology consultancy activities” and is based in Leigh-on-Sea; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Liquidation
Location: Leigh-on-Sea, East of England
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: “Softline Distribution Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Small teamCapital-light

Revenue

£1.2m

Growth ▼19.2%

Profit

−£191k

Growth —

Profit margin

−15.5%

Gross 28.8%

Employees

Change ▲50%

Profit / employee

−£21.2k

Revenue/employee £137k

Profitable streak

0yrs

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 to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.5m	£1.5m	£1.2m
Cost of sales	£1.9m	£1m	£879k
Gross profit	£567k	£511k	£355k
Operating profit	£6.5k	−£62.6k	−£196k
Profit before tax	£3.7k	−£61.9k	−£191k
Profit after tax	£3.7k	−£61.9k	−£191k
Profit (best available)	£3.7k	−£61.9k	−£191k
Employees (average)	6	6	9
Ratios
Profit margin	0.1%	−4%	−15.5%
Gross margin	22.6%	33.5%	28.8%
Revenue per employee	£418k	£255k	£137k
Profit per employee	£623	−£10.3k	−£21.2k
Growth (year on year)
Revenue growth	—	▼39%	▼19.2%
Profit growth	—	▼1757%	—
Headcount growth	—	0%	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£617k	£467k
Net assets	£747k	£685k	£494k
Fixed assets	£25k	£25k	£32.9k
Current assets	£2.5m	£1.7m	£1.2m
Debtors	£571k	£423k	£180k
Deferred income	£446k	£63.2k	£59.6k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −15.5%; Profit ÷ revenue.
Gross margin: 28.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £137k; Revenue ÷ average employees.
Profit per employee: −£21.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.6%; 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: ▼28%; Now £494k
Cash at bank: ▼24%; Now £467k
Headcount: ▲50%; Now 9
Deferred income: ▼6%; Now £59.6k
Fixed assets: ▲32%; Now £32.9k

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

Softline Ltdultimate parent75–100%
Softline Distribution Limited75–100%
Softline UK 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£191k), from the Companies House accounts bulk data published Dec 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.