How much does Engage Digital (Saas) Ltd make?

Engage Digital (Saas) Ltd reported revenue of £36.7k and a loss of £22k in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Engage Digital (Saas) Ltd have?

Engage Digital (Saas) Ltd reported an average of 2 employees in the year to 31 Jul 2023.

Is Engage Digital (Saas) Ltd profitable?

No — Engage Digital (Saas) Ltd reported a loss of £22k in the year to 31 Jul 2023.

Company No. 12118347 · Incorporated 23 Jul 2019

Engage Digital (Saas) Ltd

Registered name: ENGAGE DIGITAL (SAAS) LTD

Engage Digital (Saas) Ltd made £36.7k revenue and a £22k loss in the year to 31 Jul 2023.

Engage Digital (Saas) Ltd’s revenue grew 17% to £36.7k in the year to 31 Jul 2023, with a loss of £22k and 2 employees. The company is classified under “business and domestic software development” and is based in Portsmouth; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active - Proposal to Strike off
Location: Portsmouth, South East
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Jul 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£36.7k

Growth ▲16.9%

Profit

−£22k

Growth —

Profit margin

−60.1%

Employees

Change 0%

Profit / employee

−£11k

Revenue/employee £18.3k

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	31 Jul 2021	31 Jul 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.9k	£31.4k	£36.7k
Profit after tax	£2.3k	−£23.7k	−£22k
Profit (best available)	£2.3k	−£23.7k	−£22k
Staff costs	£0	£29.3k	£33.4k
Employees (average)	—	2	2
Ratios
Profit margin	9.7%	−75.4%	−60.1%
Revenue per employee	—	£15.7k	£18.3k
Profit per employee	—	−£11.8k	−£11k
Growth (year on year)
Revenue growth	—	▲31.4%	▲16.9%
Profit growth	—	▼1124%	—
Headcount growth	—	—	0%
Balance sheet — indirect signals, not revenue
Net assets	£4k	−£19.6k	−£41.7k
Fixed assets	£2.9k	£2.1k	£670
Current assets	£9.8k	£3.8k	£2.4k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −60.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £18.3k; Revenue ÷ average employees.
Profit per employee: −£11k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; 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.

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 −£41.7k
Cash at bank: —; Now —
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼68%; Now £670

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2023 (profit −£22k), from the Companies House accounts bulk data published Mar 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.