How much does Faronics (Emea) Ltd make?

Faronics (Emea) Ltd reported revenue of £2.1m and £175k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Faronics (Emea) Ltd have?

Faronics (Emea) Ltd reported an average of 10 employees in the year to 31 Mar 2024.

Is Faronics (Emea) Ltd profitable?

Yes — Faronics (Emea) Ltd reported a profit of £175k in the year to 31 Mar 2024.

Company No. 06923261 · Incorporated 3 Jun 2009

Faronics (Emea) Ltd

Registered name: FARONICS (EMEA) LTD

Faronics (Emea) Ltd made £2.1m revenue and £175k profit in the year to 31 Mar 2024. read from filing text

Faronics (Emea) Ltd’s revenue fell 9% to £2.1m in the year to 31 Mar 2024, with £175k profit and 10 employees. The company is classified under “other software publishing” and is based in Bracknell; we hold 3 years of its filed accounts.

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

Status: Active
Location: Bracknell, South East
Age: 17 yrs · since 2009
Type: Private Limited Company

Latest accounts · year to 31 Mar 2024

Key figures

IndependentCapital-light

Revenue

£2.1m

Growth ▼9.2%

Profit

£175k

Growth ▼66.1%

Profit margin

8.3%

Gross 65%

Employees

Change ▲11.1%

Profit / employee

£17.5k

Revenue/employee £210k

Profitable streak

3yrs

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	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£2.1m	£2.3m	£2.1m
Cost of sales	£729k	£804k	£735k
Gross profit	£1.4m	£1.5m	£1.4m
Operating profit	£470k	£608k	£265k
Profit after tax	£384k	£515k	£175k
Profit (best available)	£384k	£515k	£175k
Employees (average)	10	9	10
Ratios
Profit margin	18.2%	22.3%	8.3%
Gross margin	65.4%	65.3%	65%
Revenue per employee	£211k	£257k	£210k
Profit per employee	£38.4k	£57.3k	£17.5k
Growth (year on year)
Revenue growth	—	▲9.7%	▼9.2%
Profit growth	—	▲34.2%	▼66.1%
Headcount growth	—	▼10%	▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£1m	£1.2m
Net assets	£1.1m	£1.1m	£1.3m
Fixed assets	£37.7k	£112k	£78.4k
Current assets	£1.3m	£1.4m	£1.4m
Debtors	£164k	£313k	£235k
Deferred income	£31.3k	£46.3k	£17.4k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 8.3%; Profit ÷ revenue.
Gross margin: 65%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £210k; Revenue ÷ average employees.
Profit per employee: £17.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.2%; 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: ▲16%; Now £1.3m
Cash at bank: ▲14%; Now £1.2m
Headcount: ▲11%; Now 10
Deferred income: ▼63%; Now £17.4k
Fixed assets: ▼30%; Now £78.4k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2024 (profit £175k), from the Companies House accounts bulk data published Jun 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.