How many employees does Labb Ltd have?

Labb Ltd reported an average of 30 employees in the year to 31 Dec 2023.

Is Labb Ltd profitable?

Yes — Labb Ltd reported a profit of £1.4m in the year to 31 Dec 2023.

Company No. 08888815 · Incorporated 12 Feb 2014

Labb Ltd

Registered name: LABB LTD

Part of Software Consulting Group Limited group

Labb Ltd made £1.4m profit in the year to 31 Dec 2023 (revenue not disclosed).

Labb Ltd reported £1.4m profit in the year to 31 Dec 2023, up 68% on the year before; its revenue was not disclosed. It had 30 employees. The company is classified under “other software publishing” and is based in Brighton; we hold 2 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 58290Other software publishing SIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: Brighton, South East
Age: 12 yrs · since 2014
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

Revenue

—

Not disclosed in filing

Profit

£1.4m

Growth ▲68.4%

Profit margin

—

Employees

Change ▲11.1%

Profit / employee

£47.2k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Profit after tax	£841k	£1.4m
Profit (best available)	£841k	£1.4m
Employees (average)	27	30
Ratios
Profit margin	—	—
Profit per employee	£31.2k	£47.2k
Growth (year on year)
Profit growth	—	▲68.4%
Headcount growth	—	▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£550k	£827k
Net assets	£238k	£725k
Fixed assets	£19.9k	£98k
Current assets	£1.2m	£1.5m
Debtors	£504k	£569k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £47.2k; 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: —; 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: ▲204%; Now £725k
Cash at bank: ▲50%; Now £827k
Headcount: ▲11%; Now 30
Deferred income: —; Now —
Fixed assets: ▲391%; Now £98k

Corporate ownership

Group structure

Ownership chain

Software Consulting Group Limitedultimate parent75–100%
Labb Ltdthis company

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

Sister companies (3)

Netbuilder Digital LtdFigures not disclosed
Software Consulting Nominee LimitedFigures not disclosed
Tsi Corporate Services LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.4m), from the Companies House accounts bulk data published Jun 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.