How much does Zest Technology Group Limited make?

Zest Technology Group Limited reported revenue of £4.6m and a loss of £4.1m in the year to 30 Jun 2024, according to its accounts filed at Companies House.

Is Zest Technology Group Limited profitable?

No — Zest Technology Group Limited reported a loss of £4.1m in the year to 30 Jun 2024.

Company No. 13509631 · Incorporated 14 Jul 2021

Zest Technology Group Limited

Registered name: ZEST TECHNOLOGY GROUP LIMITED

Part of Wallet Jvco Limited group

Zest Technology Group Limited made £4.6m revenue and a £4.1m loss in the year to 30 Jun 2024.

Zest Technology Group Limited’s revenue grew 9% to £4.6m in the year to 30 Jun 2024, with a loss of £4.1m. The company is classified under “activities of other holding companies” and is based in Leatherhead; we hold 3 years of its filed accounts.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Leatherhead
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 30 Jun 2024

Key figures

Revenue

£4.6m

Growth ▲8.6%

Profit

−£4.1m

Growth —

Profit margin

−89.2%

Gross 91.6%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.5m	£4.3m	£4.6m
Cost of sales	−£273k	−£332k	−£389k
Gross profit	£3.3m	£3.9m	£4.2m
Operating profit	−£2.6m	−£3.1m	−£2.5m
Profit before tax	−£3.7m	−£4.4m	−£4.2m
Profit after tax	−£3.7m	−£4.3m	−£4.1m
Profit (best available)	−£3.7m	−£4.3m	−£4.1m
Employees (average)	—	—	—
Ratios
Profit margin	−104.6%	−101%	−89.2%
Gross margin	92.3%	92.2%	91.6%
Growth (year on year)
Revenue growth	—	▲20.8%	▲8.6%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −89.2%; Profit ÷ revenue.
Gross margin: 91.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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 —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Wallet Jvco Limitedultimate parent75–100%
Wallet Holdco 1 Limited75–100%
Wallet Holdco 2 Limited75–100%
Wallet Bidco Limited75–100%
Epassi UK Limited75–100%
Zest Technology Group Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Zest Technology Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Jun 2024 (profit −£4.1m), from the Companies House accounts bulk data published Dec 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.