Esp Systex Limited
Registered name: ESP SYSTEX LIMITED
Part of Balniel Holdings Limited groupEsp Systex Limited made £6m revenue and £501k profit in the year to 31 Jul 2025.
Esp Systex Limited’s revenue grew 17% to £6m in the year to 31 Jul 2025, with £501k profit and 25 employees. The company is classified under “other information technology service activities” and is based in Kingston Upon Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Kingston Upon Hull, Yorkshire and The Humber
- Age
- 44 yrs · since 1981
- 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: “ESP Systex Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £5.1m | £6m |
| Cost of sales | — | — | £4.3m | £4.9m |
| Gross profit | — | — | £833k | £1.2m |
| Operating profit | — | — | £293k | £656k |
| Profit before tax | — | — | £297k | £669k |
| Profit after tax | — | — | £222k | £501k |
| Profit (best available) | — | — | £222k | £501k |
| Employees (average) | 44 | 40 | 32 | 25 |
| Ratios | ||||
| Profit margin | — | — | 4.3% | 8.3% |
| Gross margin | — | — | 16.2% | 19.3% |
| Revenue per employee | — | — | £160k | £241k |
| Profit per employee | — | — | £6.9k | £20.1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲17.2% |
| Profit growth | — | — | — | ▲125.7% |
| Headcount growth | — | ▼9.1% | ▼20% | ▼21.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £236k | £381k | £404k | £1.1m |
| Net assets | £1.7m | £1.6m | £1.8m | £2.3m |
| Fixed assets | £149k | £97.7k | £70.8k | £53.3k |
| Current assets | £2.4m | £2.3m | £2.6m | £3.4m |
| Debtors | £870k | £557k | £823k | £925k |
| Deferred income | £172k | £136k | £67k | £110k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 8.3%
- Profit ÷ revenue.
- Gross margin
- 19.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £241k
- Revenue ÷ average employees.
- Profit per employee
- £20.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.4%
- 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
- ▲28%
- Now £2.3m
- Cash at bank
- ▲161%
- Now £1.1m
- Headcount
- ▼22%
- Now 25
- Deferred income
- ▲64%
- Now £110k
- Fixed assets
- ▼25%
- Now £53.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Balniel Holdings Limitedultimate parent75–100%
- Esp Systex Holdings Limited75–100%
- Esp Systex Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Journeycall LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £501k), 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.