Silicon Digital Group Ltd
Registered name: SILICON DIGITAL GROUP LTD
Silicon Digital Group Ltd made £694k revenue and £168k profit in the year to 31 Dec 2023.
Silicon Digital Group Ltd’s revenue was £694k in the year to 31 Dec 2023, with £168k profit and 10 employees. The company is classified under “publishing of computer games” and is based in Newport; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Newport, South East
- 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 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | £694k |
| Gross profit | — | — | £694k |
| Operating profit | — | −£801k | £63.1k |
| Profit before tax | — | −£801k | £63.1k |
| Profit after tax | £1.1k | −£801k | £168k |
| Profit (best available) | £1.1k | −£801k | £168k |
| Employees (average) | 4 | 14 | 10 |
| Ratios | |||
| Profit margin | — | — | 24.2% |
| Gross margin | — | — | 100% |
| Revenue per employee | — | — | £69.4k |
| Profit per employee | £276 | −£57.2k | £16.8k |
| Growth (year on year) | |||
| Headcount growth | — | — | ▼28.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.7k | £64.8k | £23.3k |
| Net assets | £10.5k | −£16.6k | £152k |
| Fixed assets | £12.8k | £17.4k | £11.6k |
| Current assets | £26.2k | £75.1k | £270k |
| Debtors | £10k | £10.3k | £246k |
| Deferred income | £14.2k | £58.9k | £50k |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | Accounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 24.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69.4k
- Revenue ÷ average employees.
- Profit per employee
- £16.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 35.5%
- 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 £152k
- Cash at bank
- ▼64%
- Now £23.3k
- Headcount
- ▼29%
- Now 10
- Deferred income
- ▼15%
- Now £50k
- Fixed assets
- ▼34%
- Now £11.6k
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 accounts for the year to 31 Dec 2023 (profit £168k), from the Companies House accounts bulk data published Oct 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.