Steplab Ltd
Registered name: STEPLAB LTD
Part of Pelican Capital LLP groupSteplab Ltd does not publish its revenue or profit. Its accounts to 31 Aug 2025 show net assets of £1m and 23 employees.
Steplab Ltd did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Aug 2025 showed net assets of £1m and 23 employees. The company is classified under “other education” 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
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.
Key figures
Revenue not disclosed
Steplab Ltd’s accounts for the year to 31 Aug 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 23
- Net assets
- £1m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit (best available) | — | — | — | — |
| Employees (average) | 6 | 11 | 15 | 23 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Growth (year on year) | ||||
| Headcount growth | — | ▲83.3% | ▲36.4% | ▲53.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £801k | £1.9m | £1.8m | £3.2m |
| Net assets | £596k | £956k | £799k | £1m |
| Fixed assets | £10.2k | £9.5k | £43.3k | £40.6k |
| Current assets | £1.1m | £2.3m | £3.1m | £4.8m |
| Debtors | £190k | £295k | £955k | £1.4m |
| Deferred income | £337k | £867k | £1.6m | £3m |
| Source | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data May 2025 | FilletedAccounts · bulk data May 2026 |
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
- ▲31%
- Now £1m
- Cash at bank
- ▲73%
- Now £3.2m
- Headcount
- ▲53%
- Now 23
- Deferred income
- ▲81%
- Now £3m
- Fixed assets
- ▼6%
- Now £40.6k
Group structure
Ownership chain
- Pelican Capital LLPultimate parent75–100%
- Project Michigan Nominees Limited75–100%
- Michigan Topco Limited75–100%
- Michigan Midco Limited75–100%
- Michigan Bidco Limited75–100%
- Steplab Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FilletedAccounts for the year to 31 Aug 2025, from the Companies House accounts bulk data published May 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.