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Company No. 04117552 · Incorporated 30 Nov 2000

Origin Storage Limited

Registered name: ORIGIN STORAGE LIMITED

Part of Origin Storage Holdings Group Ltd group

Origin 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.

Full P&L filedSection C · ManufacturingSIC 26200Manufacture of computers and peripheral equipment
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£24m
Growth ▲38.5%
Profit
£891k
Growth ▼14.1%
Profit margin
3.7%
Gross 18%
Employees
34
Change ▲13.3%
Profit / employee
£26.2k
Revenue/employee £706k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull 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)313034
Ratios
Profit margin6.7%6%3.7%
Gross margin22.4%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
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

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.
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 £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.

Corporate ownership

Group structure

Ownership chain

  1. Origin Storage Holdings Group Ltdultimate parent75–100%
  2. Origin Storage Holdings Ltd75–100%
  3. 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).

Same industry, similar size

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Industry benchmarks →

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.