How much does Planet Labs UK 2 Ltd. make?

Planet Labs UK 2 Ltd. reported revenue of £3.9m and a loss of £1.1m in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does Planet Labs UK 2 Ltd. have?

Planet Labs UK 2 Ltd. reported an average of 25 employees in the year to 31 Jan 2024.

Is Planet Labs UK 2 Ltd. profitable?

No — Planet Labs UK 2 Ltd. reported a loss of £1.1m in the year to 31 Jan 2024.

Company No. 14631055 · Incorporated 1 Feb 2023

Planet Labs UK 2 Ltd.

Registered name: PLANET LABS UK 2 LTD.

Part of Planet Labs Pbc group

Planet Labs UK 2 Ltd. made £3.9m revenue and a £1.1m loss in the year to 31 Jan 2024. read from filing text

Planet Labs UK 2 Ltd.’s revenue was £3.9m in the year to 31 Jan 2024, with a loss of £1.1m and 25 employees. The company is classified under “other information technology service activities” and is based in London.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: London, London
Age: 3 yrs · since 2023
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “In 2024 the immediate parent company was PL Foreign Holdco Inc., a company incorporated in the USA.”

Latest accounts · year to 31 Jan 2024

Key figures

Revenue

£3.9m

Growth —

Profit

−£1.1m

Growth —

Profit margin

−28%

Employees

Change —

Profit / employee

−£43.3k

Revenue/employee £154k

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 2024
Disclosure	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£3.9m
Operating profit	−£1.1m
Profit before tax	−£1.1m
Profit after tax	−£1.1m
Profit (best available)	−£1.1m
Staff costs	£4.6m
Employees (average)	25
Ratios
Profit margin	−28%
Revenue per employee	£154k
Profit per employee	−£43.3k
Balance sheet — indirect signals, not revenue
Cash at bank	£484k
Net assets	£370k
Current assets	£766k
Debtors	£282k
Deferred income	£154k
Source	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −28%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £154k; Revenue ÷ average employees.
Profit per employee: −£43.3k; 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: 4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.3%; 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 £370k
Cash at bank: —; Now £484k
Headcount: —; Now 25
Deferred income: —; Now £154k
Fixed assets: —; Now —

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

Corporate ownership

Group structure

Ownership chain

Planet Labs Pbc (registered outside the UK register)ultimate parent75–100%
Planet Labs UK 2 Ltd.this company

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

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£1.1m), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.