Literacy Capital PLC
Registered name: LITERACY CAPITAL PLC
Literacy Capital PLC made £4m revenue and a £4.2m loss in the year to 31 Dec 2024.
Literacy Capital PLC’s revenue fell 93% to £4m in the year to 31 Dec 2024, with a loss of £4.2m. The company is classified under “activities of investment trusts” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 9 yrs · since 2017
- Type
- Public Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £56.3m | £4m |
| Operating profit | −£3.9m | −£3.9m |
| Profit before tax | £48.2m | −£4.2m |
| Profit after tax | £48.2m | −£4.2m |
| Profit (best available) | £48.2m | −£4.2m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 85.6% | −106.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼93% |
| Profit growth | — | ▼108.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −106.9%
- 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
Subsidiaries (8)
- Rci Group 2024 LimitedRev. £98.7m · Profit −£12.8m
- Techpoint Group LtdRev. £29.7m · Profit −£2.9m
- Ofj Spring Topco LimitedRev. £20.3m · Profit −£14.6m
- Albatross Topco LimitedRev. £6.3m · Profit £555k
- Bright Ventures Education Group LimitedRev. — · Profit £0
- Kelly Topco LimitedRev. — · Profit −£12k
- Live Business Group Holdings LimitedRev. — · Profit −£6.5k
- Orion II Topco LimitedRev. — · Profit £0
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£4.2m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.