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Company No. 08842203 · Incorporated 13 Jan 2014

Proper Code Ltd

Registered name: PROPER CODE LTD

Proper Code Ltd made £55.6k revenue and £27.9k profit in the year to 31 Mar 2025.

Proper Code Ltd’s revenue grew 19% to £55.6k in the year to 31 Mar 2025, with £27.9k profit and 2 employees. The company is classified under “information technology consultancy activities” and is based in Woking; we hold 4 years of its filed accounts.

Status
Active
Location
Woking, South East
Age
12 yrs · since 2014
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamOperating leverage
Revenue
£55.6k
Growth ▲18.9%
Profit
£27.9k
Growth ▲69%
Profit margin
50.2%
 
Employees
2
Change 0%
Profit / employee
£13.9k
Revenue/employee £27.8k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureProfit onlyFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£36.5k£46.8k£55.6k
Gross profit£37.6k£36.5k——
Operating profit£14.1k£12.8k——
Profit before tax£13.8k£12.2k——
Profit after tax£11.2k£9.9k£16.5k£27.9k
Profit (best available)£11.2k£9.9k£16.5k£27.9k
Staff costs—£14.4k£14.4k£15k
Employees (average)2222
Ratios
Profit margin—27.1%35.3%50.2%
Gross margin—100%——
Revenue per employee—£18.2k£23.4k£27.8k
Profit per employee£5.6k£4.9k£8.3k£13.9k
Growth (year on year)
Revenue growth——▲28.2%▲18.9%
Profit growth—▼11.8%▲66.9%▲69%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£46k£35k——
Net assets£46.3k£34.5k£36.3k£48.8k
Fixed assets£14.6k£14.6k£14.6k£14.6k
Current assets£62.3k£55.8k£63.1k£69.4k
Debtors£16.3k£20.8k——
SourceAbridgedAccounts · bulk data Nov 2023AbridgedAccounts · bulk data Nov 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
50.2%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£27.8k
Revenue ÷ average employees.
Profit per employee
£13.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
26.2%
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.
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
▲34%
Now £48.8k
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
0%
Now £14.6k
Corporate ownership

Group structure

Subsidiaries (1)

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

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £27.9k), from the Companies House accounts bulk data published Dec 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.