SP Bytes Ltd
Registered name: SP BYTES LTD
SP Bytes Ltd made £12.4k revenue and a £6.2k loss in the year to 31 May 2025.
SP Bytes Ltd’s revenue fell 65% to £12.4k in the year to 31 May 2025, with a loss of £6.2k and 2 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 6 yrs · since 2020
- 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 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £30.5k | £4.8k | £35.7k | £12.4k |
| Profit after tax | £10.5k | −£1k | £3.7k | −£6.2k |
| Profit (best available) | £10.5k | −£1k | £3.7k | −£6.2k |
| Staff costs | £7k | £3.8k | £10.9k | £13.5k |
| Employees (average) | — | 2 | 1 | 2 |
| Ratios | ||||
| Profit margin | 34.4% | −21.6% | 10.4% | −49.6% |
| Revenue per employee | — | £2.4k | £35.7k | £6.2k |
| Profit per employee | — | −£520 | £3.7k | −£3.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼84.2% | ▲640.8% | ▼65.1% |
| Profit growth | — | ▼109.9% | — | ▼266.7% |
| Headcount growth | — | — | ▼50% | ▲100% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £5.4k | £4k | £9.8k | £8.3k |
| Fixed assets | £4.9k | £2.7k | £5k | £4.6k |
| Current assets | £654 | £1.5k | £5.4k | £4.2k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −49.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.2k
- Revenue ÷ average employees.
- Profit per employee
- −£3.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36.9%
- 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
- ▼15%
- Now £8.3k
- Cash at bank
- —
- Now —
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £4.6k
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£6.2k), from the Companies House accounts bulk data published Feb 2026. 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.