Lake Image Systems Limited
Registered name: LAKE IMAGE SYSTEMS LIMITED
Part of Brother Industries Ltd groupLake Image Systems Limited made £2.9m revenue and a £1m loss in the year to 31 Mar 2024. read from filing text
Lake Image Systems Limited’s revenue fell 22% to £2.9m in the year to 31 Mar 2024, with a loss of £1m and 25 employees. The company is classified under “manufacture of computers and peripheral equipment” and is based in Cambridge; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cambridge, East of England
- Age
- 32 yrs · since 1994
- 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 company's immediate parent undertaking is Domino Printing Sciences Public Limited Company, which is registered in England and Wales and its registered address is Trafalgar Way, Bar Hill, Cambridge”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £3.7m | £2.9m |
| Cost of sales | £2.2m | £2.3m |
| Gross profit | £1.5m | £643k |
| Operating profit | −£25.3k | −£1m |
| Profit before tax | −£25.4k | −£1m |
| Profit (best available) | −£25.4k | −£1m |
| Staff costs | £1.8m | £2m |
| Employees (average) | 25 | 25 |
| Ratios | ||
| Profit margin | −0.7% | −34.9% |
| Gross margin | 40% | 22.1% |
| Revenue per employee | £149k | £116k |
| Profit per employee | −£1k | −£40.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▼22.1% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £242k | £120k |
| Net assets | £1.1m | £92.3k |
| Debtors | £276k | £138k |
| Deferred income | £87.3k | £131k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −34.9%
- Profit ÷ revenue.
- Gross margin
- 22.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- −£40.5k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- 4.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.7%
- 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
- ▼91%
- Now £92.3k
- Cash at bank
- ▼51%
- Now £120k
- Headcount
- 0%
- Now 25
- Deferred income
- ▲50%
- Now £131k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Brother Industries Ltd (registered outside the UK register)ultimate parent75–100%
- Domino Printing Sciences Public Limited Company75–100%
- Lake Image Systems Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Domino UK LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Bytec Healthcare LimitedPulborough · Manufacture of computers and peripheral equipment
- Revenue
- £2.4m
- Profit
- £307k
- Staff
- 4
- Penguin Solutions (Peng) LimitedStaines-Upon-Thames · Manufacture of computers and peripheral equipment
- Revenue
- £5.1m
- Profit
- £34.5k
- Staff
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- Crane Electronics LimitedHinckley · Manufacture of computers and peripheral equipment
- Revenue
- £5.3m
- Profit
- £583k
- Staff
- 62
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£1m), 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.