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
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 | Profit only | Full P&L | Full P&L | Full 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) | 2 | 2 | 2 | 2 |
| 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 | — | — |
| Source | AbridgedAccounts · bulk data Nov 2023 | AbridgedAccounts · bulk data Nov 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
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.
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
Group structure
Subsidiaries (1)
- Software Artists LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.