Origin Storage Limited
Registered name: ORIGIN STORAGE LIMITED
Part of Origin Storage Holdings Group Ltd groupOrigin Storage Limited made £24m revenue and £891k profit in the year to 31 Mar 2025.
Origin Storage Limited’s revenue grew 38% to £24m in the year to 31 Mar 2025, with £891k profit and 34 employees. The company is classified under “manufacture of computers and peripheral equipment” and is based in Basingstoke; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Basingstoke, South East
- Age
- 25 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.8m | £17.3m | £24m |
| Cost of sales | £13.8m | £13.3m | £19.7m |
| Gross profit | £4m | £4.1m | £4.3m |
| Operating profit | £1.4m | £1.4m | £1.3m |
| Profit before tax | £1.3m | £1.4m | £1.2m |
| Profit after tax | £1.2m | £1m | £891k |
| Profit (best available) | £1.2m | £1m | £891k |
| Staff costs | £1.6m | £1.5m | £1.7m |
| Employees (average) | 31 | 30 | 34 |
| Ratios | |||
| Profit margin | 6.7% | 6% | 3.7% |
| Gross margin | 22.4% | 23.4% | 18% |
| Revenue per employee | £574k | £577k | £706k |
| Profit per employee | £38.6k | £34.5k | £26.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.6% | ▲38.5% |
| Profit growth | — | ▼13.5% | ▼14.1% |
| Headcount growth | — | ▼3.2% | ▲13.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £269k | £490k | £200k |
| Net assets | £4.8m | £5.3m | £5.9m |
| Fixed assets | £74.4k | £186k | £156k |
| Current assets | £7.1m | £9.1m | £11m |
| Debtors | £2.4m | £2.7m | £4.3m |
| Deferred income | £197k | £220k | £450k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 3.7%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £706k
- Revenue ÷ average employees.
- Profit per employee
- £26.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.9%
- Money owed by customers. Low = customers pay quickly.
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 £5.9m
- Cash at bank
- ▼59%
- Now £200k
- Headcount
- ▲13%
- Now 34
- Deferred income
- ▲104%
- Now £450k
- Fixed assets
- ▼16%
- Now £156k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Origin Storage Holdings Group Ltdultimate parent75–100%
- Origin Storage Holdings Ltd75–100%
- Origin Storage 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
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £891k), from the Companies House accounts bulk data published Nov 2025. 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.