How much does Laiye UK Limited make?

Laiye UK Limited reported revenue of £102k and a loss of £1.1m in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Laiye UK Limited have?

Laiye UK Limited reported an average of 5 employees in the year to 31 Oct 2023.

Is Laiye UK Limited profitable?

No — Laiye UK Limited reported a loss of £1.1m in the year to 31 Oct 2023.

Company No. 13698019 · Incorporated 22 Oct 2021

Laiye UK Limited

Registered name: LAIYE UK LIMITED

Laiye UK Limited made £102k revenue and a £1.1m loss in the year to 31 Oct 2023. read from filing text

Laiye UK Limited’s revenue grew 27% to £102k in the year to 31 Oct 2023, with a loss of £1.1m and 5 employees. The company is classified under “business and domestic software development” and is based in Ringwood; we hold 2 years of its filed accounts.

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

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

Latest accounts · year to 31 Oct 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£102k

Growth ▲27.2%

Profit

−£1.1m

Growth —

Profit margin

−1100%

Gross −583.5%

Employees

Change —

Profit / employee

−£224k

Revenue/employee £20.4k

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 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£80k	£102k
Cost of sales	£2.9m	£696k
Gross profit	−£2.8m	−£594k
Operating profit	−£3.2m	−£1m
Profit before tax	−£3.3m	−£1.1m
Profit after tax	−£3.3m	−£1.1m
Profit (best available)	−£3.3m	−£1.1m
Employees (average)	0	5
Ratios
Profit margin	−4071%	−1100%
Gross margin	−3559%	−583.5%
Revenue per employee	—	£20.4k
Profit per employee	—	−£224k
Growth (year on year)
Revenue growth	—	▲27.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£590k	£56.9k
Net assets	−£2.3m	−£3.6m
Fixed assets	£10.6k	£825
Current assets	£832k	£84.4k
Debtors	£105k	£22.8k
Source	Accounts · bulk data Oct 2023	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −1100%; Profit ÷ revenue.
Gross margin: −583.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £20.4k; Revenue ÷ average employees.
Profit per employee: −£224k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.4%; 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 −£3.6m
Cash at bank: ▼90%; Now £56.9k
Headcount: —; Now 5
Deferred income: —; Now —
Fixed assets: ▼92%; Now £825

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£1.1m), from the Companies House accounts bulk data published Aug 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.