Storage Services (Number 1) Limited
Registered name: STORAGE SERVICES (NUMBER 1) LIMITED
Part of Elm Trading Limited groupStorage Services (Number 1) Limited made £890k revenue and a £375k loss in the year to 30 Jul 2025.
Storage Services (Number 1) Limited’s revenue grew 6% to £890k in the year to 30 Jul 2025, with a loss of £375k. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Jul 2023 | 30 Jul 2024 | 31 Jul 2024 | 30 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £842k | £838k | £838k | £890k |
| Cost of sales | −£390k | −£618k | −£454k | −£1.6m |
| Operating profit | £288k | £221k | £221k | −£670k |
| Profit before tax | £190k | £129k | £129k | −£739k |
| Profit after tax | £118k | £72.8k | £72.8k | −£375k |
| Profit (best available) | £118k | £72.8k | £72.8k | −£375k |
| Employees (average) | 5 | — | 5 | — |
| Ratios | ||||
| Profit margin | 14% | 8.7% | 8.7% | −42.1% |
| Revenue per employee | £168k | — | £168k | — |
| Profit per employee | £23.6k | — | £14.6k | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼0.5% | — | ▲6.2% |
| Profit growth | — | ▼38.3% | — | ▼614.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data Jul 2026 | Accounts · bulk data May 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −42.1%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Elm Trading Limitedultimate parent75–100%
- Storage Services (Number 1) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Solar Energy Renewables LLPRev. £9.7m · Profit £3.6m
- Millclose Solar LimitedRev. £7m · Profit £6.7m
- Elm Solar Holdings LimitedRev. £4.3m · Profit £3.1m
- Acharn Bess LLPRev. £0 · Profit −£75.7k
- Elm Renewable Energy Holdings LimitedFigures not disclosed
- Elm Trading Hotel Holdings LtdFigures not disclosed
- Property Lending LLPFigures not disclosed
- Wind Energy Renewables LLPFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Jul 2025 (profit −£375k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.