How much does Precise Minds Limited make?

Precise Minds Limited reported revenue of £199k and £47.3k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Precise Minds Limited have?

Precise Minds Limited reported an average of 2 employees in the year to 31 Mar 2025.

Is Precise Minds Limited profitable?

Yes — Precise Minds Limited reported a profit of £47.3k in the year to 31 Mar 2025.

Company No. 04746361 · Incorporated 28 Apr 2003

Precise Minds Limited

Registered name: PRECISE MINDS LIMITED

Precise Minds Limited made £199k revenue and £47.3k profit in the year to 31 Mar 2025.

Precise Minds Limited’s revenue grew 4% to £199k in the year to 31 Mar 2025, with £47.3k profit and 2 employees. The company is classified under “other software publishing” and is based in Falmouth; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58290Other software publishing

Status: Active
Location: Falmouth, South West
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCapital-lightOperating leverage

Revenue

£199k

Growth ▲3.9%

Profit

£47.3k

Growth ▲50%

Profit margin

23.7%

Employees

Change 0%

Profit / employee

£23.6k

Revenue/employee £99.7k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£132k	£198k	£192k	£199k
Profit after tax	£27.7k	£30.5k	£31.5k	£47.3k
Profit (best available)	£27.7k	£30.5k	£31.5k	£47.3k
Staff costs	£86.5k	£127k	£118k	£128k
Employees (average)	—	2	2	2
Ratios
Profit margin	21%	15.4%	16.4%	23.7%
Revenue per employee	—	£98.9k	£96k	£99.7k
Profit per employee	—	£15.3k	£15.8k	£23.6k
Growth (year on year)
Revenue growth	—	▲50%	▼3%	▲3.9%
Profit growth	—	▲10.3%	▲3.3%	▲50%
Headcount growth	—	—	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	£35k	£63.5k	£94k	£141k
Fixed assets	£2.5k	£6.2k	£884	£1.2k
Current assets	£41.2k	£92.7k	£118k	£175k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 23.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £99.7k; Revenue ÷ average employees.
Profit per employee: £23.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲50%; Now £141k
Cash at bank: —; Now —
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▲33%; Now £1.2k

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 31 Mar 2025 (profit £47.3k), from the Companies House accounts bulk data published Dec 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.