Let's Payroll Ltd
Registered name: LET'S PAYROLL LTD
Let's Payroll Ltd made £3.4k revenue and £1.9k profit in the year to 28 Feb 2025.
Let's Payroll Ltd’s revenue grew 111% to £3.4k in the year to 28 Feb 2025, with £1.9k profit and 1 employee. The company is classified under “bookkeeping activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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 | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £1.7k | £1.4k | £1.6k | £3.4k |
| Profit after tax | £1.3k | £288 | £881 | £1.9k |
| Profit (best available) | £1.3k | £288 | £881 | £1.9k |
| Employees (average) | — | 0 | 1 | 1 |
| Ratios | ||||
| Profit margin | 76.9% | 21.3% | 55.4% | 57.6% |
| Revenue per employee | — | — | £1.6k | £3.4k |
| Profit per employee | — | — | £881 | £1.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼20.5% | ▲17.8% | ▲111.3% |
| Profit growth | — | ▼78% | ▲205.9% | ▲119.9% |
| Headcount growth | — | — | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £3.3k | £3.6k | £4.6k | £6.6k |
| Current assets | £3.3k | £3.6k | £4.6k | £6.6k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 57.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.4k
- Revenue ÷ average employees.
- Profit per employee
- £1.9k
- 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.
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
- ▲46%
- Now £6.6k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £1.9k), from the Companies House accounts bulk data published Nov 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.