Strongbyte Solutions Limited
Registered name: STRONGBYTE SOLUTIONS LIMITED
Part of Strongbyte Holdings Limited groupStrongbyte 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.
Key figures
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.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit after tax | £1.5m | £3m |
| Profit (best available) | £1.5m | £3m |
| Staff costs | £5m | £7.5m |
| Employees (average) | 70 | 83 |
| 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 |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 |
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.
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.
Group structure
Ownership chain
- Strongbyte Holdings Limitedultimate parent75–100%
- Strongbyte Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- R G Software LimitedFigures not disclosed
- Vocovo LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.