Access Limited
Registered name: ACCESS LIMITED
Part of Assa Abloy Ab groupAccess Limited made £15.5m revenue and £1.1m profit in the year to 31 Dec 2025. read from filing text
Access Limited’s revenue fell 7% to £15.5m in the year to 31 Dec 2025, with £1.1m profit and 69 employees. The company is classified under “other manufacturing” and is based in Reading; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 41 yrs · since 1984
- 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: “The immediate parent company is HID Corporation Limited, a company incorporated in the United Kingdom. The company's ultimate parent company is Assa Abloy AB, a company incorporated in Sweden and quot”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £12.2m | £17.7m | £16.7m | £15.5m |
| Cost of sales | £8.6m | £13.3m | £12.3m | £11.4m |
| Gross profit | £3.6m | £4.4m | £4.4m | £4.1m |
| Operating profit | −£973k | £317k | £1.5m | £1.1m |
| Profit before tax | −£1.4m | −£29k | £1.9m | £1.5m |
| Profit after tax | −£874k | −£29.3k | £1.4m | £1.1m |
| Profit (best available) | −£874k | −£29.3k | £1.4m | £1.1m |
| Staff costs | £4.5m | £4.2m | £4.5m | £4.7m |
| Employees (average) | 76 | 75 | 75 | 69 |
| Ratios | ||||
| Profit margin | −7.2% | −0.2% | 8.3% | 7.4% |
| Gross margin | 29.3% | 24.8% | 26.1% | 26.4% |
| Revenue per employee | £160k | £236k | £222k | £225k |
| Profit per employee | −£11.5k | −£391 | £18.5k | £16.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲45.3% | ▼5.6% | ▼7.1% |
| Profit growth | — | — | — | ▼17.1% |
| Headcount growth | — | ▼1.3% | 0% | ▼8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.4m | £8.7m | £10.5m | £13.3m |
| Net assets | £11.9m | £11.9m | £13.3m | £14.4m |
| Fixed assets | £353k | £151k | £101k | £125k |
| Current assets | £15.6m | £15.9m | £16.9m | £18m |
| Debtors | £2.3m | £2.4m | £1.7m | £1.4m |
| Deferred income | £1.4m | £1.3m | £659k | £789k |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.4%
- Profit ÷ revenue.
- Gross margin
- 26.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £225k
- Revenue ÷ average employees.
- Profit per employee
- £16.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.9%
- 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
- ▲9%
- Now £14.4m
- Cash at bank
- ▲26%
- Now £13.3m
- Headcount
- ▼8%
- Now 69
- Deferred income
- ▲20%
- Now £789k
- Fixed assets
- ▲24%
- Now £125k
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
- Assa Abloy Ab (registered outside the UK register)ultimate parent75–100%
- Hid Corporation Limited75–100%
- Access Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Third Millennium Systems LimitedRev. £4m · Profit £939k
- Technology Solutions (UK) LimitedRev. £3.5m · Profit £239k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 2026. 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.