How much does Springmove Limited make?

Springmove Limited reported revenue of £93.6m and a loss of £1.1m in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Springmove Limited have?

Springmove Limited reported an average of 3 employees in the year to 30 Sep 2024.

Is Springmove Limited profitable?

No — Springmove Limited reported a loss of £1.1m in the year to 30 Sep 2024.

Company No. 12112825 · Incorporated 19 Jul 2019

Springmove Limited

Registered name: SPRINGMOVE LIMITED

Part of Clearbell Capital LLP group

Springmove Limited made £93.6m revenue and a £1.1m loss in the year to 30 Sep 2024. read from filing text

Springmove Limited’s revenue grew 30% to £93.6m in the year to 30 Sep 2024, with a loss of £1.1m and 3 employees. The company is classified under “buying and selling of own real estate” and is based in Croydon; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate

Status: Active
Location: Croydon, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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. From the filing: “The immediate parent company is Olympia Partners Limited, a company incorporated in United Kingdom. Olympia Partners Limited is a wholly owned by Olympia Holdings Limited, a company incorporated in Is”

Latest accounts · year to 30 Sep 2024

Key figures

Small team

Revenue

£93.6m

Growth ▲29.8%

Profit

−£1.1m

Growth —

Profit margin

−1.2%

Gross 6.2%

Employees

Change 0%

Profit / employee

−£377k

Revenue/employee £31.2m

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 to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£49.2m	£72.2m	£93.6m
Cost of sales	£46.2m	£69.8m	£87.8m
Gross profit	£3m	£2.4m	£5.8m
Operating profit	−£326k	−£967k	£1.8m
Profit before tax	−£1.5m	−£4m	−£1.1m
Profit after tax	−£1.7m	−£4m	−£1.1m
Profit (best available)	−£1.7m	−£4m	−£1.1m
Employees (average)	3	3	3
Ratios
Profit margin	−3.5%	−5.5%	−1.2%
Gross margin	6.2%	3.3%	6.2%
Revenue per employee	£16.4m	£24.1m	£31.2m
Profit per employee	−£571k	−£1.3m	−£377k
Growth (year on year)
Revenue growth	—	▲46.6%	▲29.8%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£381k	£2.2m	£318k
Net assets	−£3.3m	−£7.3m	−£8.5m
Current assets	£50.1m	£62.2m	£44.3m
Debtors	£2.3m	£2.5m	£5.1m
Deferred income	£404k	£774k	£420k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: −1.2%; Profit ÷ revenue.
Gross margin: 6.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £31.2m; Revenue ÷ average employees.
Profit per employee: −£377k; 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: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.5%; 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 −£8.5m
Cash at bank: ▼86%; Now £318k
Headcount: 0%; Now 3
Deferred income: ▼46%; Now £420k
Fixed assets: —; Now —

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

Corporate ownership

Group structure

Ownership chain

Clearbell Capital LLPultimate parent75–100%
Clearbell Property Partners III GP LLP75–100%
Olympia Partners Limited75–100%
Springmove Limitedthis company

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

Sister companies (2)

NPT Holdings LimitedFigures not disclosed
Spring Techlab 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 30 Sep 2024 (profit −£1.1m), from the Companies House accounts bulk data published Apr 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.