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Company No. 07244424 · Incorporated 5 May 2010

Simplestream Limited

Registered name: SIMPLESTREAM LIMITED

Simplestream Limited made £135k profit in the year to 31 May 2023 (revenue not disclosed).

Simplestream Limited reported £135k profit in the year to 31 May 2023, up 161% on the year before; its revenue was not disclosed. It had 40 employees. The company is classified under “video distribution activities” and is based in London; we hold 2 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 59132Video distribution activities
Status
Active
Location
London, London
Age
16 yrs · since 2010
Type
Private Limited Company
Latest accounts · year to 31 May 2023

Key figures

Independent
Revenue
—
Not disclosed in filing
Profit
£135k
Growth ▲160.9%
Profit margin
—
 
Employees
40
Change ▲5.3%
Profit / employee
£3.4k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 to31 May 202231 May 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£51.6k£135k
Profit (best available)£51.6k£135k
Employees (average)3840
Ratios
Profit margin——
Profit per employee£1.4k£3.4k
Growth (year on year)
Profit growth—▲160.9%
Headcount growth—▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank£822k£531k
Net assets−£1.3m−£1.2m
Fixed assets£70k£80.3k
Current assets£2m£2.2m
Debtors£812k£1.1m
Deferred income£879k£1.4m
SourceAccounts · bulk data Jun 2024Accounts · bulk data Jun 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£3.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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
—
Now −£1.2m
Cash at bank
▼35%
Now £531k
Headcount
▲5%
Now 40
Deferred income
▲56%
Now £1.4m
Fixed assets
▲15%
Now £80.3k

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

Latest figures from accounts for the year to 31 May 2023 (profit £135k), 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.