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Company No. 11575339 · Incorporated 18 Sep 2018

Great Software Laboratory UK Limited

Registered name: GREAT SOFTWARE LABORATORY UK LIMITED

Great Software Laboratory UK Limited made £1.3m revenue and a £226k loss in the year to 31 Mar 2024.

Great Software Laboratory UK Limited’s revenue grew 52% to £1.3m in the year to 31 Mar 2024, with a loss of £226k and 1 employee. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Status
Active
Location
London, London
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Mar 2024

Key figures

IndependentSmall teamCapital-light
Revenue
£1.3m
Growth ▲51.8%
Profit
−£226k
Growth —
Profit margin
−17.4%
Gross 2.3%
Employees
1
Change 0%
Profit / employee
−£226k
Revenue/employee £1.3m
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 2024
DisclosureFull P&Lread from filing textFull P&LFull P&L
Profit & loss
Revenue (turnover)£429k£855k£1.3m
Cost of sales£385k£852k£1.3m
Gross profit£43.9k£2.7k£29.6k
Profit before tax−£278k−£64.5k−£226k
Profit after tax−£278k−£64.5k−£226k
Profit (best available)−£278k−£64.5k−£226k
Employees (average)211
Ratios
Profit margin−64.8%−7.5%−17.4%
Gross margin10.2%0.3%2.3%
Revenue per employee£215k£855k£1.3m
Profit per employee−£139k−£64.5k−£226k
Growth (year on year)
Revenue growth—▲99.2%▲51.8%
Headcount growth—▼50%0%
Balance sheet — indirect signals, not revenue
Cash at bank£203k£670k£124k
Net assets−£188k−£252k−£478k
Fixed assets£612£0£813
Current assets£295k£911k£507k
Debtors£47.8k£233k£383k
Deferred income£31.6k£25.9k£29.1k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Feb 2025
Derived from the latest filing

How the business works

Profit margin
−17.4%
Profit ÷ revenue.
Gross margin
2.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.3m
Revenue ÷ average employees.
Profit per employee
−£226k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
29.5%
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 −£478k
Cash at bank
▼82%
Now £124k
Headcount
0%
Now 1
Deferred income
▲12%
Now £29.1k
Fixed assets
—
Now £813

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£226k), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.