How much does Strax (U.K.) Limited make?

Strax (U.K.) Limited reported revenue of £2.8m and £1.8m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Strax (U.K.) Limited have?

Strax (U.K.) Limited reported an average of 6 employees in the year to 31 Dec 2022.

Is Strax (U.K.) Limited profitable?

Yes — Strax (U.K.) Limited reported a profit of £1.8m in the year to 31 Dec 2022.

Company No. 03827953 · Incorporated 19 Aug 1999

Strax (U.K.) Limited

Registered name: STRAX (U.K.) LIMITED

Strax (U.K.) Limited made £2.8m revenue and £1.8m profit in the year to 31 Dec 2022. read from filing text

Strax (U.K.) Limited’s revenue fell 30% to £2.8m in the year to 31 Dec 2022, with £1.8m profit and 6 employees. The company is classified under “wireless telecommunications activities” and is based in Exeter; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61200Wireless telecommunications activities

Status: Liquidation
Location: Exeter, South West
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

IndependentSmall teamCapital-light

Revenue

£2.8m

Growth ▼29.9%

Profit

£1.8m

Growth —

Profit margin

65.1%

Gross 23.6%

Employees

Change ▼33.3%

Profit / employee

£308k

Revenue/employee £473k

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 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4m	£2.8m
Cost of sales	£3.6m	£2.2m
Gross profit	£429k	£670k
Operating profit	−£513k	£2.1m
Profit before tax	−£517k	£2m
Profit after tax	−£517k	£1.8m
Profit (best available)	−£517k	£1.8m
Employees (average)	9	6
Ratios
Profit margin	−12.8%	65.1%
Gross margin	10.6%	23.6%
Revenue per employee	£450k	£473k
Profit per employee	−£57.4k	£308k
Growth (year on year)
Revenue growth	—	▼29.9%
Headcount growth	—	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£240k	£139k
Net assets	−£481k	£1.4m
Fixed assets	£27.4k	£14.5k
Current assets	£13.9m	£29.4m
Debtors	£326k	£152k
Deferred income	£216k	£79.2k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 65.1%; Profit ÷ revenue.
Gross margin: 23.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £473k; Revenue ÷ average employees.
Profit per employee: £308k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.4%; 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: —; Now £1.4m
Cash at bank: ▼42%; Now £139k
Headcount: ▼33%; Now 6
Deferred income: ▼63%; Now £79.2k
Fixed assets: ▼47%; Now £14.5k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £1.8m), from the Companies House accounts bulk data published Dec 2023. 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.