How much does Easygroup Ltd make?

Easygroup Ltd reported revenue of £23.8m and £3.2m profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Easygroup Ltd have?

Easygroup Ltd reported an average of 13 employees in the year to 30 Sep 2023.

Is Easygroup Ltd profitable?

Yes — Easygroup Ltd reported a profit of £3.2m in the year to 30 Sep 2023.

Company No. 04060333 · Incorporated 25 Aug 2000

Easygroup Ltd

Registered name: EASYGROUP LTD

Easygroup Ltd made £23.8m revenue and £3.2m profit in the year to 30 Sep 2023. read from filing text

Easygroup Ltd’s revenue grew 30% to £23.8m in the year to 30 Sep 2023, with £3.2m profit and 13 employees. The company is classified under “other business support service activities” and is based in London; 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: London, London
Age: 26 yrs · since 2000
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentOperating leverage

Revenue

£23.8m

Growth ▲29.7%

Profit

£3.2m

Growth ▲639.3%

Profit margin

13.5%

Gross 87.3%

Employees

Change 0%

Profit / employee

£248k

Revenue/employee £1.8m

Profitable streak

2yrs

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	30 Sep 2022	30 Sep 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£18.4m	£23.8m
Cost of sales	£3.8m	£3m
Gross profit	£14.5m	£20.8m
Operating profit	£833k	£3.9m
Profit before tax	£559k	£3.9m
Profit after tax	£436k	£3.2m
Profit (best available)	£436k	£3.2m
Staff costs	£779k	£891k
Employees (average)	13	13
Ratios
Profit margin	2.4%	13.5%
Gross margin	79.2%	87.3%
Revenue per employee	£1.4m	£1.8m
Profit per employee	£33.5k	£248k
Cash conversion	1933%	—
Growth (year on year)
Revenue growth	—	▲29.7%
Profit growth	—	▲639.3%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.5m	£2.2m
Net assets	£30.4m	£33.7m
Fixed assets	£32.1m	£34.5m
Current assets	£21.2m	£10.2m
Debtors	£513k	£405k
Deferred income	£384k	£318k
Cash from operations	£16.1m	—
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 13.5%; Profit ÷ revenue.
Gross margin: 87.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.8m; Revenue ÷ average employees.
Profit per employee: £248k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 145%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.7%; 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: ▲11%; Now £33.7m
Cash at bank: ▼70%; Now £2.2m
Headcount: 0%; Now 13
Deferred income: ▼17%; Now £318k
Fixed assets: ▲8%; Now £34.5m

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £3.2m), from the Companies House accounts bulk data published Nov 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.