Si Ventures LLP
Registered name: SI VENTURES LLP
Si Ventures LLP made £110k revenue and £17.5k profit in the year to 31 Dec 2024.
Si Ventures LLP’s revenue grew 4% to £110k in the year to 31 Dec 2024, with £17.5k profit and 3 employees. The company is based in Middlesbrough; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Middlesbrough, North East
- Age
- 15 yrs · since 2010
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £106k | £110k |
| Cost of sales | £15.1k | £5.9k |
| Gross profit | £90.7k | £104k |
| Operating profit | £23k | £31.6k |
| Profit after tax | £6.7k | £17.5k |
| Profit (best available) | £6.7k | £17.5k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | 6.3% | 15.9% |
| Gross margin | 85.8% | 94.6% |
| Revenue per employee | £35.2k | £36.6k |
| Profit per employee | £2.2k | £5.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.9% |
| Profit growth | — | ▲161.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £19.5k | £96.8k |
| Net assets | £2.1m | £3m |
| Fixed assets | £305k | £1.3m |
| Current assets | £2.2m | £2.4m |
| Debtors | £68k | £19.2k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 15.9%
- Profit ÷ revenue.
- Gross margin
- 94.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £36.6k
- Revenue ÷ average employees.
- Profit per employee
- £5.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1188%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▲42%
- Now £3m
- Cash at bank
- ▲398%
- Now £96.8k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▲328%
- Now £1.3m
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £17.5k), from the Companies House accounts bulk data published Sep 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.