Sterlite Technologies UK Ventures Ltd
Registered name: STERLITE TECHNOLOGIES UK VENTURES LTD
Sterlite Technologies UK Ventures Ltd made £11.2m revenue and a £2m loss in the year to 31 Mar 2025.
Sterlite Technologies UK Ventures Ltd’s revenue fell 21% to £11.2m in the year to 31 Mar 2025, with a loss of £2m and 124 employees. The company is classified under “other service activities” and is based in Nottingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 13 yrs · since 2013
- 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) | £3.1m | £10.8m | £14.2m | £11.2m |
| Cost of sales | £2.5m | £8m | £7m | £8.3m |
| Gross profit | £667k | £2.8m | £7.3m | £3m |
| Operating profit | −£4.5m | −£6.2m | −£2.1m | −£1.1m |
| Profit before tax | −£4.6m | −£6.5m | −£3.1m | −£2m |
| Profit after tax | −£3.7m | −£5.3m | −£2.3m | −£2m |
| Profit (best available) | −£3.7m | −£5.3m | −£2.3m | −£2m |
| Staff costs | £3.6m | £9.6m | £8.9m | £6.4m |
| Employees (average) | 67 | 186 | 177 | 124 |
| Ratios | ||||
| Profit margin | −117.7% | −49.3% | −16.1% | −17.4% |
| Gross margin | 21.2% | 26.1% | 51% | 26.4% |
| Revenue per employee | £46.9k | £58k | £80.5k | £90.5k |
| Profit per employee | −£55.2k | −£28.6k | −£13k | −£15.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲243.6% | ▲31.9% | ▼21.2% |
| Headcount growth | — | ▲177.6% | ▼4.8% | ▼29.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £602k | £166k | £655k | £896k |
| Net assets | −£4.1m | −£9.4m | −£11.7m | −£13.6m |
| Fixed assets | £2.5m | £2.4m | £165k | £79k |
| Current assets | £4.7m | £11m | £14.3m | £11.9m |
| Debtors | £412k | £706k | £1.9m | £407k |
| Deferred income | — | £1m | £1m | £0 |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −17.4%
- Profit ÷ revenue.
- Gross margin
- 26.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £90.5k
- Revenue ÷ average employees.
- Profit per employee
- −£15.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.6%
- 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
- —
- Now −£13.6m
- Cash at bank
- ▲37%
- Now £896k
- Headcount
- ▼30%
- Now 124
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼52%
- Now £79k
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 −£2m), from the Companies House accounts bulk data published Jul 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.