How much does Forage UK Operations Limited make?

Forage UK Operations Limited reported revenue of £2.2m and a loss of £136k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Forage UK Operations Limited have?

Forage UK Operations Limited reported an average of 6 employees in the year to 31 Dec 2024.

Is Forage UK Operations Limited profitable?

No — Forage UK Operations Limited reported a loss of £136k in the year to 31 Dec 2024.

Company No. 13400360 · Incorporated 16 May 2021

Forage UK Operations Limited

Registered name: FORAGE UK OPERATIONS LIMITED

Forage UK Operations Limited made £2.2m revenue and a £136k loss in the year to 31 Dec 2024.

Forage UK Operations Limited’s revenue grew 10% to £2.2m in the year to 31 Dec 2024, with a loss of £136k and 6 employees. The company is classified under “business and domestic software development” and is based in Bristol; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Bristol, South West
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamDoing more with lessCash flow filed

Revenue

£2.2m

Growth ▲9.6%

Profit

−£136k

Growth —

Profit margin

−6.3%

Employees

Change ▼40%

Profit / employee

−£22.6k

Revenue/employee £361k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.2m	£2m	£2.2m
Profit after tax	−£1.4m	−£244k	−£136k
Profit (best available)	−£1.4m	−£244k	−£136k
Staff costs	£1.8m	£1.6m	£1.6m
Employees (average)	8	10	6
Ratios
Profit margin	−122.6%	−12.3%	−6.3%
Revenue per employee	£144k	£197k	£361k
Profit per employee	−£176k	−£24.4k	−£22.6k
Growth (year on year)
Revenue growth	—	▲71.5%	▲9.6%
Headcount growth	—	▲25%	▼40%
Balance sheet — indirect signals, not revenue
Cash at bank	£344k	£727k	£24.1k
Net assets	−£1.6m	−£1.8m	−£1.9m
Current assets	£1.4m	£1.1m	£414k
Debtors	£862k	£301k	—
Deferred income	£1.2m	£1.3m	£1.1m
Cash from operations	£191k	£385k	−£703k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −6.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £361k; Revenue ÷ average employees.
Profit per employee: −£22.6k; 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: 49.9%; 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: —; Now −£1.9m
Cash at bank: ▼97%; Now £24.1k
Headcount: ▼40%; Now 6
Deferred income: ▼16%; Now £1.1m
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£136k), 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.