How much does Fly Studios Limited make?

Fly Studios Limited reported revenue of £135k and £3.1k profit in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does Fly Studios Limited have?

Fly Studios Limited reported an average of 3 employees in the year to 31 Jan 2024.

Is Fly Studios Limited profitable?

Yes — Fly Studios Limited reported a profit of £3.1k in the year to 31 Jan 2024.

Company No. 12406401 · Incorporated 15 Jan 2020

Fly Studios Limited

Registered name: FLY STUDIOS LIMITED

Fly Studios Limited made £135k revenue and £3.1k profit in the year to 31 Jan 2024.

Fly Studios Limited’s revenue grew 34% to £135k in the year to 31 Jan 2024, with £3.1k profit and 3 employees. The company is classified under “specialised design activities” and is based in Nottingham; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activities

Status: Active - Proposal to Strike off
Location: Nottingham, East Midlands
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Jan 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£135k

Growth ▲33.8%

Profit

£3.1k

Growth ▼88%

Profit margin

2.3%

Employees

Change 0%

Profit / employee

£1k

Revenue/employee £45.1k

Profitable streak

2yrs

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 Jan 2022	31 Jan 2023	31 Jan 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£101k	£135k
Profit after tax	—	£26k	£3.1k
Profit (best available)	—	£26k	£3.1k
Staff costs	—	£75k	£109k
Employees (average)	1	3	3
Ratios
Profit margin	—	25.8%	2.3%
Revenue per employee	—	£33.7k	£45.1k
Profit per employee	—	£8.7k	£1k
Growth (year on year)
Revenue growth	—	—	▲33.8%
Profit growth	—	—	▼88%
Headcount growth	—	▲200%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3k	£13.1k	—
Net assets	−£32.5k	£26k	£28.6k
Fixed assets	£0	£15.1k	£12.8k
Current assets	£7.5k	£39.1k	£39k
Debtors	£6.1k	£26k	—
Source	AbridgedAccounts · bulk data Dec 2023	AbridgedAccounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £45.1k; Revenue ÷ average employees.
Profit per employee: £1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.5%; 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: ▲10%; Now £28.6k
Cash at bank: —; Now —
Headcount: 0%; Now 3
Deferred income: —; Now —
Fixed assets: ▼15%; Now £12.8k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £3.1k), from the Companies House accounts bulk data published Nov 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.