How much does Lightsky Group Limited make?

Lightsky Group Limited reported revenue of £9.8m and a loss of £1.7m in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does Lightsky Group Limited have?

Lightsky Group Limited reported an average of 128 employees in the year to 30 Apr 2023.

Is Lightsky Group Limited profitable?

No — Lightsky Group Limited reported a loss of £1.7m in the year to 30 Apr 2023.

Company No. 05703596 · Incorporated 9 Feb 2006

Lightsky Group Limited

Registered name: LIGHTSKY GROUP LIMITED

Part of Volume Five Limited group

Lightsky Group Limited made £9.8m revenue and a £1.7m loss in the year to 30 Apr 2023.

Lightsky Group Limited’s revenue grew 1% to £9.8m in the year to 30 Apr 2023, with a loss of £1.7m and 128 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87200Residential care activities for learning difficulties, mental health and substance abuse

Status: In Administration
Location: London, London
Age: 20 yrs · since 2006
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. From the filing: “Bradbury (Holdings) Limited”

Latest accounts · year to 30 Apr 2023

Key figures

Doing more with less

Revenue

£9.8m

Growth ▲0.9%

Profit

−£1.7m

Growth ▼4178%

Profit margin

−17.6%

Gross 32.2%

Employees

128

Change ▼12.3%

Profit / employee

−£13.5k

Revenue/employee £76.4k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2021	30 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.8m	£9.7m	£9.8m
Cost of sales	£5.2m	£5.5m	£6.6m
Gross profit	£4.7m	£4.2m	£3.2m
Operating profit	£2.8m	£2.2m	£509k
Profit before tax	£1.3m	£303k	−£2m
Profit after tax	£1m	£42.3k	−£1.7m
Profit (best available)	£1m	£42.3k	−£1.7m
Staff costs	£5.1m	£5.4m	£6.5m
Employees (average)	168	146	128
Ratios
Profit margin	10.3%	0.4%	−17.6%
Gross margin	47.5%	43.6%	32.2%
Revenue per employee	£58.5k	£66.5k	£76.4k
Profit per employee	£6k	£289	−£13.5k
Growth (year on year)
Revenue growth	—	▼1.3%	▲0.9%
Profit growth	—	▼95.8%	▼4178%
Headcount growth	—	▼13.1%	▼12.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£515k	£256k	£355k
Net assets	£13.1m	£12.9m	£11.1m
Fixed assets	£12m	£13.2m	£13.3m
Current assets	£27.8m	£28.2m	£28.2m
Debtors	£982k	£893k	£903k
Deferred income	£376k	£299k	£338k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −17.6%; Profit ÷ revenue.
Gross margin: 32.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £76.4k; Revenue ÷ average employees.
Profit per employee: −£13.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 136%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.2%; 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: ▼13%; Now £11.1m
Cash at bank: ▲38%; Now £355k
Headcount: ▼12%; Now 128
Deferred income: ▲13%; Now £338k
Fixed assets: ▲0%; Now £13.3m

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

Volume Five Limitedultimate parent75–100%
Lightsky Group Holdings Limited75–100%
Lightsky Group Limitedthis company

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

Subsidiaries (1)

Lansdowne Care Services LimitedIn AdministrationFigures not disclosed

Sister companies (1)

Lightsky Properties 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 30 Apr 2023 (profit −£1.7m), from the Companies House accounts bulk data published Apr 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.