How much does Storyglass UK Limited make?

Storyglass UK Limited reported revenue of £704k and a loss of £555k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Storyglass UK Limited have?

Storyglass UK Limited reported an average of 6 employees in the year to 31 Dec 2023.

Is Storyglass UK Limited profitable?

No — Storyglass UK Limited reported a loss of £555k in the year to 31 Dec 2023.

Company No. 12644551

Storyglass UK LimitedDissolved

Registered name: STORYGLASS UK LIMITED

Storyglass UK Limited made £704k revenue and a £555k loss in the year to 31 Dec 2023.

Storyglass UK Limited’s revenue fell 9% to £704k in the year to 31 Dec 2023, with a loss of £555k and 6 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£704k

Growth ▼9.1%

Profit

−£555k

Growth —

Profit margin

−78.7%

Gross 25.1%

Employees

Change ▲20%

Profit / employee

−£92.4k

Revenue/employee £117k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£775k	£704k
Cost of sales	£554k	£527k
Gross profit	£221k	£177k
Operating profit	−£581k	−£653k
Profit before tax	−£608k	−£726k
Profit after tax	−£493k	−£555k
Profit (best available)	−£493k	−£555k
Staff costs	£533k	£507k
Employees (average)	5	6
Ratios
Profit margin	−63.6%	−78.7%
Gross margin	28.5%	25.1%
Revenue per employee	£155k	£117k
Profit per employee	−£98.6k	−£92.4k
Growth (year on year)
Revenue growth	—	▼9.1%
Headcount growth	—	▲20%
Balance sheet — indirect signals, not revenue
Net assets	−£935k	−£740k
Current assets	£611k	£442k
Debtors	£177k	£119k
Deferred income	£347k	£186k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −78.7%; Profit ÷ revenue.
Gross margin: 25.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: −£92.4k; 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: 26.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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 −£740k
Cash at bank: —; Now —
Headcount: ▲20%; Now 6
Deferred income: ▼46%; Now £186k
Fixed assets: —; Now —

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

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£555k), from the Companies House accounts bulk data published Jun 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.