Fastly Limited
Registered name: FASTLY LIMITED
Part of Fastly, Inc. groupFastly 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 71 | 93 | 95 |
| Ratios | |||
| Profit margin | −8.6% | 7.1% | 10.7% |
| Gross margin | 100% | 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 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 |
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.
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.
Group structure
Ownership chain
- Fastly, Inc. (registered outside the UK register)ultimate parent75–100%
- Fastly International Technology Limited75–100%
- 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).
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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.