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Company No. 08656087 · Incorporated 19 Aug 2013

Fastly Limited

Registered name: FASTLY LIMITED

Part of Fastly, Inc. group

Fastly Limited made £25.9m revenue and £2.8m profit in the year to 31 Dec 2023.

Fastly Limited’s revenue grew 21% to £25.9m in the year to 31 Dec 2023, with £2.8m profit and 95 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
London, London
Age
13 yrs · since 2013
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

Operating leverage
Revenue
£25.9m
Growth ▲20.8%
Profit
£2.8m
Growth ▲81.3%
Profit margin
10.7%
Gross 100%
Employees
95
Change ▲2.1%
Profit / employee
£29.1k
Revenue/employee £273k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 2023
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.2m£21.5m£25.9m
Gross profit£12.2m£21.5m£25.9m
Operating profit−£1.1m£1.5m£1.9m
Profit before tax−£1.1m£1.5m£2m
Profit after tax−£1m£1.5m£2.8m
Profit (best available)−£1m£1.5m£2.8m
Staff costs£8.6m£12.1m£13.2m
Employees (average)719395
Ratios
Profit margin−8.6%7.1%10.7%
Gross margin100%100%100%
Revenue per employee£172k£231k£273k
Profit per employee−£14.8k£16.4k£29.1k
Growth (year on year)
Revenue growth—▲76%▲20.8%
Profit growth——▲81.3%
Headcount growth—▲31%▲2.1%
Balance sheet — indirect signals, not revenue
Cash at bank£949k£504k£482k
Net assets£3m£8.1m£17.7m
Current assets£3.9m£9.8m£19.3m
Debtors£2.9m£9.3m£18.9m
Deferred income£378k£723k£438k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Nov 2024
Derived from the latest filing

How the business works

Profit margin
10.7%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£273k
Revenue ÷ average employees.
Profit per employee
£29.1k
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
1.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
72.7%
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
▲119%
Now £17.7m
Cash at bank
▼4%
Now £482k
Headcount
▲2%
Now 95
Deferred income
▼39%
Now £438k
Fixed assets
—
Now —

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. Fastly, Inc. (registered outside the UK register)ultimate parent75–100%
  2. Fastly International Technology Limited75–100%
  3. Fastly Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.8m), from the Companies House accounts bulk data published Nov 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.