How much does Bistech Group PLC make?

Bistech Group PLC reported revenue of £22.7m and £4.6m profit in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Bistech Group PLC have?

Bistech Group PLC reported an average of 83 employees in the year to 31 Jul 2023.

Is Bistech Group PLC profitable?

Yes — Bistech Group PLC reported a profit of £4.6m in the year to 31 Jul 2023.

Company No. 06797181 · Incorporated 21 Jan 2009

Bistech Group PLC

Registered name: BISTECH GROUP PLC

Bistech Group PLC made £22.7m revenue and £4.6m profit in the year to 31 Jul 2023.

Bistech Group PLC’s revenue grew 15% to £22.7m in the year to 31 Jul 2023, with £4.6m profit and 83 employees. The company is classified under “other telecommunications activities” and is based in Ferndown; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities SIC 62020Information technology consultancy activities SIC 62090Other information technology service activities SIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Ferndown, South West
Age: 17 yrs · since 2009
Type: Public Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Jul 2023

Key figures

IndependentOperating leverageCash flow filed

Revenue

£22.7m

Growth ▲15.2%

Profit

£4.6m

Growth ▲22.8%

Profit margin

20.2%

Gross 41.9%

Employees

Change ▲9.2%

Profit / employee

£55.2k

Revenue/employee £273k

Profitable streak

2yrs

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 Jul 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.7m	£22.7m
Cost of sales	£9.9m	£13.2m
Gross profit	£9.8m	£9.5m
Operating profit	£5.8m	£4.3m
Profit before tax	£5m	£4.3m
Profit after tax	£3.7m	£4.6m
Profit (best available)	£3.7m	£4.6m
Staff costs	£4.8m	£5.5m
Employees (average)	76	83
Ratios
Profit margin	19%	20.2%
Gross margin	49.8%	41.9%
Revenue per employee	£259k	£273k
Profit per employee	£49.1k	£55.2k
Cash conversion	80.5%	117.6%
Growth (year on year)
Revenue growth	—	▲15.2%
Profit growth	—	▲22.8%
Headcount growth	—	▲9.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£149k	£166k
Net assets	£8.1m	£7.9m
Fixed assets	£3.1m	£3.1m
Current assets	£7.3m	£7.8m
Debtors	£1.6m	£3m
Cash from operations	£4.7m	£5m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 20.2%; Profit ÷ revenue.
Gross margin: 41.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £273k; Revenue ÷ average employees.
Profit per employee: £55.2k; Profit ÷ average employees.
Cash conversion: 117.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.4%; 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 £7.9m
Cash at bank: ▲11%; Now £166k
Headcount: ▲9%; Now 83
Deferred income: —; Now —
Fixed assets: ▲1%; Now £3.1m

Corporate ownership

Group structure

Subsidiaries (3)

Bistech Managed Services LtdFigures not disclosed
Bistech PLCFigures not disclosed
Bistech Property Services LtdFigures 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 31 Jul 2023 (profit £4.6m), from the Companies House accounts bulk data published Jan 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.