How much does Stored Value Solutions UK Limited make?

Stored Value Solutions UK Limited reported revenue of £16.5m and £915k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Stored Value Solutions UK Limited have?

Stored Value Solutions UK Limited reported an average of 23 employees in the year to 31 Dec 2023.

Is Stored Value Solutions UK Limited profitable?

Yes — Stored Value Solutions UK Limited reported a profit of £915k in the year to 31 Dec 2023.

Company No. 03720193 · Incorporated 25 Feb 1999

Stored Value Solutions UK Limited

Registered name: STORED VALUE SOLUTIONS UK LIMITED

Part of Stored Value Solutions International, B.V. group

Stored Value Solutions UK Limited made £16.5m revenue and £915k profit in the year to 31 Dec 2023.

Stored Value Solutions UK Limited’s revenue grew 6% to £16.5m in the year to 31 Dec 2023, with £915k profit and 23 employees. The company is classified under “other business support service activities” and is based in Leeds; 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: Active
Location: Leeds, Yorkshire and The Humber
Age: 27 yrs · since 1999
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 Dec 2023

Key figures

Revenue

£16.5m

Growth ▲6.5%

Profit

£915k

Growth —

Profit margin

5.5%

Gross 46.1%

Employees

Change ▲4.5%

Profit / employee

£39.8k

Revenue/employee £716k

Profitable streak

1yr

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.5m	£16.5m
Cost of sales	£8.6m	£8.9m
Gross profit	£6.8m	£7.6m
Operating profit	−£2.6m	£766k
Profit before tax	−£2.6m	£915k
Profit after tax	−£2.6m	£915k
Profit (best available)	−£2.6m	£915k
Staff costs	£1.7m	£1.9m
Employees (average)	22	23
Ratios
Profit margin	−17.1%	5.5%
Gross margin	44.1%	46.1%
Revenue per employee	£704k	£716k
Profit per employee	−£120k	£39.8k
Growth (year on year)
Revenue growth	—	▲6.5%
Headcount growth	—	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.3m	£11.4m
Net assets	£8.8m	£9.7m
Current assets	£11m	£16.2m
Debtors	£3.7m	£4.8m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 5.5%; Profit ÷ revenue.
Gross margin: 46.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £716k; Revenue ÷ average employees.
Profit per employee: £39.8k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 29.2%; 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: ▲10%; Now £9.7m
Cash at bank: ▲56%; Now £11.4m
Headcount: ▲5%; Now 23
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Stored Value Solutions International, B.V. (registered outside the UK register)ultimate parent75–100%
Stored Value Solutions 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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £915k), from the Companies House accounts bulk data published Sep 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.