Heartwood Systems Ltd
Registered name: HEARTWOOD SYSTEMS LTD
Heartwood Systems Ltd made £24k revenue and a £17.4k loss in the year to 31 Mar 2025.
Heartwood Systems Ltd’s revenue fell 19% to £24k in the year to 31 Mar 2025, with a loss of £17.4k and 1 employee. The company is classified under “other manufacturing” and is based in Newhaven; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newhaven, 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 | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £46.7k | £37.5k | £29.6k | £24k |
| Profit after tax | −£25k | −£17.8k | −£14.2k | −£17.4k |
| Profit (best available) | −£25k | −£17.8k | −£14.2k | −£17.4k |
| Staff costs | £29.6k | £17.9k | £14.1k | £10.7k |
| Employees (average) | 2 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | −53.5% | −47.5% | −47.8% | −72.6% |
| Revenue per employee | £23.4k | £37.5k | £29.6k | £24k |
| Profit per employee | −£12.5k | −£17.8k | −£14.2k | −£17.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼19.8% | ▼20.9% | ▼19.2% |
| Headcount growth | — | ▼50% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£69.8k | −£87.6k | −£102k | −£119k |
| Fixed assets | £2k | £2k | £2k | £1k |
| Current assets | £4.3k | £4.3k | £4.3k | £1.6k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −72.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £24k
- Revenue ÷ average employees.
- Profit per employee
- −£17.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.2%
- 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
- —
- Now −£119k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼50%
- Now £1k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£17.4k), 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.