Storetec Services Limited
Registered name: STORETEC SERVICES LIMITED
Part of Bridges Sustainable Growth Fund V (General Partner) LLP groupStoretec Services Limited made £5.7m revenue and £667k profit in the year to 30 Sep 2025.
Storetec Services Limited’s revenue fell 10% to £5.7m in the year to 30 Sep 2025, with £667k profit and 70 employees. The company is classified under “other business support service activities” and is based in Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 23 yrs · since 2003
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £6.4m | £5.7m |
| Cost of sales | — | — | £1.1m | £1.2m |
| Gross profit | — | — | £5.2m | £4.5m |
| Operating profit | — | — | £3.8m | £771k |
| Profit before tax | — | — | £3.9m | £902k |
| Profit after tax | — | — | £3.4m | £667k |
| Profit (best available) | — | — | £3.4m | £667k |
| Staff costs | — | — | £2.7m | £2.7m |
| Employees (average) | 63 | 70 | 69 | 70 |
| Ratios | ||||
| Profit margin | — | — | 53.5% | 11.7% |
| Gross margin | — | — | 82.5% | 79.3% |
| Revenue per employee | — | — | £92.1k | £81.7k |
| Profit per employee | — | — | £49.3k | £9.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼10.1% |
| Profit growth | — | — | — | ▼80.4% |
| Headcount growth | — | ▲11.1% | ▼1.4% | ▲1.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £875k | £1.8m | £717k | £460k |
| Net assets | £3.1m | £2.1m | £5.6m | £6.2m |
| Fixed assets | £704k | £1.2m | £1m | £1.9m |
| Current assets | £4.7m | £3.5m | £6.6m | £5.5m |
| Debtors | £2.1m | £1.5m | £1.4m | £1.1m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 11.7%
- Profit ÷ revenue.
- Gross margin
- 79.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £81.7k
- Revenue ÷ average employees.
- Profit per employee
- £9.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 32.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.3%
- 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
- ▲12%
- Now £6.2m
- Cash at bank
- ▼36%
- Now £460k
- Headcount
- ▲1%
- Now 70
- Deferred income
- —
- Now —
- Fixed assets
- ▲77%
- Now £1.9m
Group structure
Ownership chain
- Bridges Sustainable Growth Fund V (General Partner) LLPultimate parent75–100%
- Project Emanuel Topco Limited75–100%
- Project Emanuel Midco Limited75–100%
- Project Emanuel Bidco Limited75–100%
- Storetec Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Paper Escape LimitedFigures not disclosed
Sister companies (1)
- Ensco 1541 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £667k), from the Companies House accounts bulk data published Jun 2026. 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.