How much does Fileturn Limited make?

Fileturn Limited reported revenue of £31.3m and a loss of £865k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Fileturn Limited have?

Fileturn Limited reported an average of 32 employees in the year to 31 Mar 2023.

Is Fileturn Limited profitable?

No — Fileturn Limited reported a loss of £865k in the year to 31 Mar 2023.

Company No. 03604089 · Incorporated 24 Jul 1998

Fileturn Limited

Registered name: FILETURN LIMITED

Part of Fileturn Topco Limited group

Fileturn Limited made £31.3m revenue and a £865k loss in the year to 31 Mar 2023.

Fileturn Limited’s revenue grew 30% to £31.3m in the year to 31 Mar 2023, with a loss of £865k and 32 employees. The company is classified under “other business support service activities” and is based in Maidenhead; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: In Administration
Location: Maidenhead, South East
Age: 28 yrs · since 1998
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 2023

Key figures

Capital-lightDoing more with less

Revenue

£31.3m

Growth ▲30.3%

Profit

−£865k

Growth ▼410.9%

Profit margin

−2.8%

Gross 13.3%

Employees

Change ▼3%

Profit / employee

−£27k

Revenue/employee £977k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24m	£31.3m
Cost of sales	£20.3m	£27.1m
Gross profit	£3.7m	£4.1m
Operating profit	£464k	£557k
Profit before tax	£334k	−£1.2m
Profit after tax	£278k	−£865k
Profit (best available)	£278k	−£865k
Staff costs	£2.1m	£2.6m
Employees (average)	33	32
Ratios
Profit margin	1.2%	−2.8%
Gross margin	15.5%	13.3%
Revenue per employee	£727k	£977k
Profit per employee	£8.4k	−£27k
Growth (year on year)
Revenue growth	—	▲30.3%
Profit growth	—	▼410.9%
Headcount growth	—	▼3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.4m	£6.5m
Net assets	£1.1m	£98.1k
Fixed assets	£94.5k	£70.9k
Current assets	£10.5m	£14.7m
Debtors	£4.4m	£3.3m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: −2.8%; Profit ÷ revenue.
Gross margin: 13.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £977k; Revenue ÷ average employees.
Profit per employee: −£27k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.4%; 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: ▼91%; Now £98.1k
Cash at bank: ▲93%; Now £6.5m
Headcount: ▼3%; Now 32
Deferred income: —; Now —
Fixed assets: ▼25%; Now £70.9k

Corporate ownership

Group structure

Ownership chain

Fileturn Topco Limitedultimate parent75–100%
Fileturn 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

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit −£865k), from the Companies House accounts bulk data published Feb 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.