How much does The Future Laboratory Limited make?

The Future Laboratory Limited reported revenue of £4.6m and a loss of £211k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does The Future Laboratory Limited have?

The Future Laboratory Limited reported an average of 45 employees in the year to 31 Dec 2023.

Is The Future Laboratory Limited profitable?

No — The Future Laboratory Limited reported a loss of £211k in the year to 31 Dec 2023.

Company No. 04082552 · Incorporated 3 Oct 2000

The Future Laboratory Limited

Registered name: THE FUTURE LABORATORY LIMITED

Part of Matcap Ventures LLP group

The Future Laboratory Limited made £4.6m revenue and a £211k loss in the year to 31 Dec 2023.

The Future Laboratory Limited’s revenue fell 10% to £4.6m in the year to 31 Dec 2023, with a loss of £211k and 45 employees. The company is classified under “other information service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 63990Other information service activities n.e.c.

Status: Active
Location: London, London
Age: 26 yrs · since 2000
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

Capital-light

Revenue

£4.6m

Growth ▼9.9%

Profit

−£211k

Growth —

Profit margin

−4.5%

Gross 83.4%

Employees

Change ▼2.2%

Profit / employee

−£4.7k

Revenue/employee £103k

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.1m	£4.6m
Cost of sales	£734k	£770k
Gross profit	£4.4m	£3.9m
Operating profit	−£25k	−£195k
Profit before tax	−£38k	−£211k
Profit after tax	−£58.7k	−£211k
Profit (best available)	−£58.7k	−£211k
Staff costs	£3.1m	£3.1m
Employees (average)	46	45
Ratios
Profit margin	−1.1%	−4.5%
Gross margin	85.7%	83.4%
Revenue per employee	£112k	£103k
Profit per employee	−£1.3k	−£4.7k
Growth (year on year)
Revenue growth	—	▼9.9%
Headcount growth	—	▼2.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£763k	£526k
Net assets	−£122k	−£333k
Fixed assets	£254k	£428k
Current assets	£1.9m	£1.5m
Debtors	£655k	£530k
Deferred income	£1.7m	£1.5m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −4.5%; Profit ÷ revenue.
Gross margin: 83.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £103k; Revenue ÷ average employees.
Profit per employee: −£4.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 32.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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 −£333k
Cash at bank: ▼31%; Now £526k
Headcount: ▼2%; Now 45
Deferred income: ▼11%; Now £1.5m
Fixed assets: ▲69%; Now £428k

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

Corporate ownership

Group structure

Ownership chain

Matcap Ventures LLPultimate parent75–100%
Tghb3 Limited75–100%
The Future Laboratory Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Obo Topco LimitedFigures not disclosed
Seven Dials Communications Holdings LimitedRev. — · Profit −£810
Visualisation One (London) LimitedFigures not disclosed

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 FullAccounts for the year to 31 Dec 2023 (profit −£211k), from the Companies House accounts bulk data published Oct 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.