How much does Wiz Cloud Limited make?

Wiz Cloud Limited reported revenue of £19.6m and a loss of £54k in the year to 31 Jan 2023, according to its accounts filed at Companies House.

How many employees does Wiz Cloud Limited have?

Wiz Cloud Limited reported an average of 54 employees in the year to 31 Jan 2023.

Is Wiz Cloud Limited profitable?

No — Wiz Cloud Limited reported a loss of £54k in the year to 31 Jan 2023.

Company No. 13781630 · Incorporated 3 Dec 2021

Wiz Cloud Limited

Registered name: WIZ CLOUD LIMITED

Wiz Cloud Limited made £19.6m revenue and a £54k loss in the year to 31 Jan 2023.

Wiz Cloud Limited’s revenue was £19.6m in the year to 31 Jan 2023, with a loss of £54k and 54 employees. The company is classified under “business and domestic software development” and is based in London.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62090Other information technology service activities

Status: Active
Location: London, London
Age: 4 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Jan 2023

Key figures

IndependentCapital-lightCash flow filed

Revenue

£19.6m

Growth —

Profit

−£54k

Growth —

Profit margin

−0.3%

Employees

Change —

Profit / employee

−£1k

Revenue/employee £364k

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£19.6m
Operating profit	−£33.7k
Profit before tax	−£33.7k
Profit after tax	−£54k
Profit (best available)	−£54k
Staff costs	£15.1m
Employees (average)	54
Ratios
Profit margin	−0.3%
Revenue per employee	£364k
Profit per employee	−£1k
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m
Net assets	£367k
Fixed assets	£21.1k
Current assets	£3.2m
Debtors	£2m
Deferred income	£2.2m
Cash from operations	£1.2m
Source	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £364k; Revenue ÷ average employees.
Profit per employee: −£1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; 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 £367k
Cash at bank: —; Now £1.2m
Headcount: —; Now 54
Deferred income: —; Now £2.2m
Fixed assets: —; Now £21.1k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2023 (profit −£54k), from the Companies House accounts bulk data published Mar 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.