How much does Quotient Technology Limited make?

Quotient Technology Limited reported revenue of £3.1m and a loss of £11.3m in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Quotient Technology Limited have?

Quotient Technology Limited reported an average of 20 employees in the year to 31 Dec 2022.

Is Quotient Technology Limited profitable?

No — Quotient Technology Limited reported a loss of £11.3m in the year to 31 Dec 2022.

Company No. 07775437 · Incorporated 15 Sep 2011

Quotient Technology Limited

Registered name: QUOTIENT TECHNOLOGY LIMITED

Quotient Technology Limited made £3.1m revenue and a £11.3m loss in the year to 31 Dec 2022. read from filing text

Quotient Technology Limited’s revenue grew 1% to £3.1m in the year to 31 Dec 2022, with a loss of £11.3m and 20 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: London, London
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. From the filing: “As of 31st December December 2022, Quotient Technology Inc (Incorporated in USA) was regarded by the directors as being the company's ultimate parent company.”

Latest accounts · year to 31 Dec 2022

Key figures

Revenue

£3.1m

Growth ▲0.9%

Profit

−£11.3m

Growth —

Profit margin

−367.1%

Gross 77.5%

Employees

Change 0%

Profit / employee

−£565k

Revenue/employee £154k

Profitable streak

0yrs

Consecutive profitable years in our data

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 to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£3.1m	£3.1m
Cost of sales	£486k	£694k
Gross profit	£2.6m	£2.4m
Operating profit	−£154k	£1.1m
Profit before tax	−£154k	−£11.3m
Profit after tax	−£154k	−£11.3m
Profit (best available)	−£154k	−£11.3m
Staff costs	£1.7m	£1.7m
Employees (average)	20	20
Ratios
Profit margin	−5%	−367.1%
Gross margin	84.1%	77.5%
Revenue per employee	£153k	£154k
Profit per employee	−£7.7k	−£565k
Growth (year on year)
Revenue growth	—	▲0.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£449k	£1.2m
Net assets	£7.9m	−£3.4m
Fixed assets	£25.2m	£12.7m
Current assets	£2.6m	£2.6m
Debtors	£1.2m	£755k
Deferred income	£961k	£774k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −367.1%; Profit ÷ revenue.
Gross margin: 77.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £154k; Revenue ÷ average employees.
Profit per employee: −£565k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 413.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 25.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.5%; 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: ▼144%; Now −£3.4m
Cash at bank: ▲162%; Now £1.2m
Headcount: 0%; Now 20
Deferred income: ▼20%; Now £774k
Fixed assets: ▼49%; Now £12.7m

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

Subsidiaries (1)

Elevaate LimitedRev. — · Profit −£978k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£11.3m), 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.