How much does Chessable Limited make?

Chessable Limited reported revenue of £10.1m and a loss of £635k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Chessable Limited have?

Chessable Limited reported an average of 64 employees in the year to 31 Dec 2023.

Is Chessable Limited profitable?

No — Chessable Limited reported a loss of £635k in the year to 31 Dec 2023.

Company No. 09894328 · Incorporated 30 Nov 2015

Chessable Limited

Registered name: CHESSABLE LIMITED

Part of UK Chess.com Limited group

Chessable Limited made £10.1m revenue and a £635k loss in the year to 31 Dec 2023. read from filing text

Chessable Limited’s revenue grew 1% to £10.1m in the year to 31 Dec 2023, with a loss of £635k and 64 employees. The company is classified under “other software publishing” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58290Other software publishing

Status: Active
Location: London, London
Age: 10 yrs · since 2015
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

£10.1m

Growth ▲1.1%

Profit

−£635k

Growth —

Profit margin

−6.3%

Gross 64.4%

Employees

Change ▲1.6%

Profit / employee

−£9.9k

Revenue/employee £158k

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&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10m	£10.1m
Cost of sales	£3.5m	£3.6m
Gross profit	£6.5m	£6.5m
Operating profit	−£3.8m	−£435k
Profit before tax	−£4m	−£679k
Profit after tax	−£3.8m	−£635k
Profit (best available)	−£3.8m	−£635k
Employees (average)	63	64
Ratios
Profit margin	−38.1%	−6.3%
Gross margin	65.2%	64.4%
Revenue per employee	£158k	£158k
Profit per employee	−£60.3k	−£9.9k
Growth (year on year)
Revenue growth	—	▲1.1%
Headcount growth	—	▲1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£993k
Net assets	−£8.8m	−£9.6m
Fixed assets	£1.8m	£1.7m
Current assets	£1.9m	£2.5m
Debtors	£35.8k	£21.7k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −6.3%; Profit ÷ revenue.
Gross margin: 64.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £158k; Revenue ÷ average employees.
Profit per employee: −£9.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.2%; 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: —; Now −£9.6m
Cash at bank: ▼14%; Now £993k
Headcount: ▲2%; Now 64
Deferred income: —; Now —
Fixed assets: ▼7%; Now £1.7m

Corporate ownership

Group structure

Ownership chain

UK Chess.com Limitedultimate parent75–100%
Chessable Limitedthis company

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

Subsidiaries (1)

Gloucester Publishers LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£635k), from the Companies House accounts bulk data published Sep 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.