Initial Software Services LLP
Registered name: INITIAL SOFTWARE SERVICES LLP
Initial Software Services LLP made £76.1k revenue and £38.2k profit in the year to 31 Mar 2025.
Initial Software Services LLP’s revenue grew 441% to £76.1k in the year to 31 Mar 2025, with £38.2k profit and 0 employees. The company is based in Barnet; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Barnet, East of England
- Age
- 6 yrs · since 2020
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £14.1k | £76.1k |
| Profit after tax | — | −£17.6k | £38.2k |
| Profit (best available) | — | −£17.6k | £38.2k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | −125.2% | 50.2% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲441.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £0 | £437 | £909 |
| Net assets | — | — | — |
| Fixed assets | £0 | £88.7k | £66.5k |
| Current assets | £0 | £101k | £1.7k |
| Debtors | £0 | £95.5k | £0 |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 50.2%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- 87.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now —
- Cash at bank
- ▲108%
- Now £909
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £66.5k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £38.2k), from the Companies House accounts bulk data published Dec 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.