Frictionless Technologies Ltd
Registered name: FRICTIONLESS TECHNOLOGIES LTD
Frictionless Technologies Ltd made £31.4k revenue and a £52.3k loss in the year to 31 Mar 2025.
Frictionless Technologies Ltd’s revenue was £31.4k in the year to 31 Mar 2025, with a loss of £52.3k and 2 employees. The company is classified under “other software publishing” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Profit only | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | £31.4k |
| Profit after tax | — | — | −£65.4k | −£52.3k |
| Profit (best available) | — | — | −£65.4k | −£52.3k |
| Staff costs | — | — | — | £13.5k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | — | — | −166.6% |
| Revenue per employee | — | — | — | £15.7k |
| Profit per employee | — | — | −£32.7k | −£26.1k |
| Growth (year on year) | ||||
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £949 | £579 | £10.4k | −£175k |
| Fixed assets | £15.2k | £58.1k | £113k | — |
| Current assets | £1.9k | £2.5k | £2.7k | £23.9k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −166.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15.7k
- Revenue ÷ average employees.
- Profit per employee
- −£26.1k
- 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
- —
- 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
- ▼1779%
- Now −£175k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£52.3k), from the Companies House accounts bulk data published Dec 2025. 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.