South Sea 2010 Limited
Registered name: SOUTH SEA 2010 LIMITED
South Sea 2010 Limited made £56.2k revenue and £30.8k profit in the year to 31 Mar 2025.
South Sea 2010 Limited’s revenue grew 27% to £56.2k in the year to 31 Mar 2025, with £30.8k profit and 0 employees. The company is classified under “buying and selling of own real estate” and is based in Bishops Stortford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bishops Stortford, East of England
- Age
- 16 yrs · since 2010
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £40.4k | £101k | £44.5k | £56.2k |
| Cost of sales | — | £0 | £0 | — |
| Gross profit | £40.4k | £101k | £44.5k | £56.2k |
| Operating profit | £29.2k | £57.4k | −£77.1k | £38.1k |
| Profit before tax | £29.2k | £57.4k | −£77.1k | £38.1k |
| Profit after tax | £29.2k | £52.1k | −£77.2k | £30.8k |
| Profit (best available) | £29.2k | £52.1k | −£77.2k | £30.8k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 72.2% | 51.8% | −173.6% | 54.9% |
| Gross margin | 100% | 100% | 100% | 100% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲149% | ▼55.8% | ▲26.5% |
| Profit growth | — | ▲78.8% | ▼248% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £91k | £30.6k | £4.8k | £40.1k |
| Net assets | £34.4k | £86.6k | £9.4k | £40.2k |
| Fixed assets | £679k | £749k | £802k | £802k |
| Current assets | £91.1k | £30.7k | £4.9k | £40.2k |
| Debtors | £100 | £100 | £100 | £100 |
| Deferred income | — | £0 | £100k | £100k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 54.9%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1425%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 177.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲329%
- Now £40.2k
- Cash at bank
- ▲734%
- Now £40.1k
- Headcount
- —
- Now 0
- Deferred income
- 0%
- Now £100k
- Fixed assets
- 0%
- Now £802k
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 FullAccounts for the year to 31 Mar 2025 (profit £30.8k), from the Companies House accounts bulk data published Aug 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.