How much does Socrates Capital Limited make?

Socrates Capital Limited reported revenue of £7m and a loss of £3k in the year to 31 Jan 2023, according to its accounts filed at Companies House.

How many employees does Socrates Capital Limited have?

Socrates Capital Limited reported an average of 16 employees in the year to 31 Jan 2023.

Is Socrates Capital Limited profitable?

No — Socrates Capital Limited reported a loss of £3k in the year to 31 Jan 2023.

Company No. 06786723

Socrates Capital LimitedDissolved

Registered name: SOCRATES CAPITAL LIMITED

Socrates Capital Limited made £7m revenue and a £3k loss in the year to 31 Jan 2023.

Socrates Capital Limited’s revenue fell 30% to £7m in the year to 31 Jan 2023, with a loss of £3k and 16 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Jan 2023

Key figures

Independent

Revenue

£7m

Growth ▼30%

Profit

−£3k

Growth ▼100.4%

Profit margin

Gross 14.3%

Employees

Change ▲23.1%

Profit / employee

−£188

Revenue/employee £438k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10m	£7m
Cost of sales	£1.4m	£6m
Gross profit	£8.6m	£1m
Operating profit	£9.9m	−£3k
Profit before tax	£869k	−£3k
Profit after tax	£869k	−£3k
Profit (best available)	£869k	−£3k
Employees (average)	13	16
Ratios
Profit margin	8.7%	0%
Gross margin	86%	14.3%
Revenue per employee	£769k	£438k
Profit per employee	£66.9k	−£188
Growth (year on year)
Revenue growth	—	▼30%
Profit growth	—	▼100.4%
Headcount growth	—	▲23.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£170k	£37.3k
Net assets	£12.4m	£12m
Fixed assets	£11m	£13m
Current assets	£1.4m	£37.3k
Debtors	£1.2m	—
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £438k; Revenue ÷ average employees.
Profit per employee: −£188; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 185.7%; 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: ▼3%; Now £12m
Cash at bank: ▼78%; Now £37.3k
Headcount: ▲23%; Now 16
Deferred income: —; Now —
Fixed assets: ▲18%; Now £13m

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2023 (profit −£3k), from the Companies House accounts bulk data published Oct 2023. 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.