Lateral Thought Ltd
Registered name: LATERAL THOUGHT LTD
Lateral Thought Ltd made £148k revenue and £44.6k profit in the year to 30 Apr 2025.
Lateral Thought Ltd’s revenue grew 22% to £148k in the year to 30 Apr 2025, with £44.6k profit and 3 employees. The company is classified under “other telecommunications activities” and is based in Surrey; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Surrey, South East
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £141k | £121k | £148k |
| Gross profit | — | £141k | £133k | £154k |
| Profit before tax | — | £61.3k | £38.7k | £59k |
| Profit after tax | — | £49.6k | £31.6k | £44.6k |
| Profit (best available) | — | £49.6k | £31.6k | £44.6k |
| Staff costs | — | £71.6k | £65.3k | £71k |
| Employees (average) | 3 | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | — | 35.1% | 26% | 30% |
| Gross margin | — | 100.1% | 109.9% | 104% |
| Revenue per employee | — | £47k | £40.5k | £49.4k |
| Profit per employee | — | £16.5k | £10.5k | £14.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼14% | ▲22.2% |
| Profit growth | — | — | ▼36.3% | ▲41.1% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £171k | £176k | £162k | £147k |
| Fixed assets | £110 | £0 | £14.4k | £12.1k |
| Current assets | £191k | £197k | £163k | £156k |
| Source | FilletedAccounts · bulk data Jan 2024 | FilletedAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 30%
- Profit ÷ revenue.
- Gross margin
- 104%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49.4k
- Revenue ÷ average employees.
- Profit per employee
- £14.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.2%
- 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.
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 £147k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼16%
- Now £12.1k
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £44.6k), from the Companies House accounts bulk data published Sep 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.