How much does Somalogic Limited make?

Somalogic Limited reported revenue of £2.1m and a loss of £121k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Somalogic Limited have?

Somalogic Limited reported an average of 10 employees in the year to 31 Dec 2023.

Is Somalogic Limited profitable?

No — Somalogic Limited reported a loss of £121k in the year to 31 Dec 2023.

Company No. 09357322

Somalogic LimitedDissolved

Registered name: SOMALOGIC LIMITED

Somalogic Limited made £2.1m revenue and a £121k loss in the year to 31 Dec 2023.

Somalogic Limited’s revenue grew 43% to £2.1m in the year to 31 Dec 2023, with a loss of £121k and 10 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£2.1m

Growth ▲43.4%

Profit

−£121k

Growth —

Profit margin

−5.7%

Employees

Change ▲25%

Profit / employee

−£12.1k

Revenue/employee £214k

Profitable streak

0yrs

Consecutive profitable years in our data

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	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£2.1m
Profit before tax	−£49k	−£116k
Profit after tax	−£59.5k	−£121k
Profit (best available)	−£59.5k	−£121k
Employees (average)	8	10
Ratios
Profit margin	−4%	−5.7%
Revenue per employee	£187k	£214k
Profit per employee	−£7.4k	−£12.1k
Growth (year on year)
Revenue growth	—	▲43.4%
Headcount growth	—	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£69.6k	£39.7k
Net assets	£181k	£197k
Current assets	£335k	£562k
Debtors	£265k	£523k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −5.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £214k; Revenue ÷ average employees.
Profit per employee: −£12.1k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.4%; 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: ▲9%; Now £197k
Cash at bank: ▼43%; Now £39.7k
Headcount: ▲25%; Now 10
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£121k), from the Companies House accounts bulk data published Apr 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.