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Company No. 07768497 · Incorporated 9 Sep 2011

Strongbyte Solutions Limited

Registered name: STRONGBYTE SOLUTIONS LIMITED

Part of Strongbyte Holdings Limited group

Strongbyte Solutions Limited made £3m profit in the year to 31 Dec 2023 (revenue not disclosed).

Strongbyte Solutions Limited reported £3m profit in the year to 31 Dec 2023, up 96% on the year before; its revenue was not disclosed. It had 83 employees. The company is classified under “manufacture of communication equipment other than telegraph, and telephone apparatus and equipment” and is based in Shipton Under Wychwood; we hold 2 years of its filed accounts.

Status
Active
Location
Shipton Under Wychwood, South East
Age
15 yrs · since 2011
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
—
Not disclosed in filing
Profit
£3m
Growth ▲95.5%
Profit margin
—
 
Employees
83
Change ▲18.6%
Profit / employee
£36.4k
 
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 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£1.5m£3m
Profit (best available)£1.5m£3m
Staff costs£5m£7.5m
Employees (average)7083
Ratios
Profit margin——
Profit per employee£22.1k£36.4k
Growth (year on year)
Profit growth—▲95.5%
Headcount growth—▲18.6%
Balance sheet — indirect signals, not revenue
Cash at bank£5.6m£4.7m
Net assets£11.6m£12.9m
Fixed assets£3.8m£4.2m
Current assets£15.2m£18m
Debtors£4.3m£5.9m
Deferred income£4.3m£6.4m
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 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
£36.4k
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
▲11%
Now £12.9m
Cash at bank
▼16%
Now £4.7m
Headcount
▲19%
Now 83
Deferred income
▲48%
Now £6.4m
Fixed assets
▲12%
Now £4.2m

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

Corporate ownership

Group structure

Ownership chain

  1. Strongbyte Holdings Limitedultimate parent75–100%
  2. Strongbyte Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2023 (profit £3m), from the Companies House accounts bulk data published Sep 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.