How much does Vistex (UK) Limited make?

Vistex (UK) Limited reported revenue of £14.1m and a loss of £2.5m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Vistex (UK) Limited have?

Vistex (UK) Limited reported an average of 91 employees in the year to 31 Dec 2025.

Is Vistex (UK) Limited profitable?

No — Vistex (UK) Limited reported a loss of £2.5m in the year to 31 Dec 2025.

Company No. 02123605 · Incorporated 15 Apr 1987

Vistex (UK) Limited

Registered name: VISTEX (UK) LIMITED

Vistex (UK) Limited made £14.1m revenue and a £2.5m loss in the year to 31 Dec 2025.

Vistex (UK) Limited’s revenue grew 35% to £14.1m in the year to 31 Dec 2025, with a loss of £2.5m and 91 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 39 yrs · since 1987
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£14.1m

Growth ▲34.6%

Profit

−£2.5m

Growth —

Profit margin

−17.8%

Gross 52.6%

Employees

Change ▲2.3%

Profit / employee

−£27.6k

Revenue/employee £155k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.3m	£13.4m	£10.5m	£14.1m
Cost of sales	£11.1m	£10.5m	£5.6m	£6.7m
Gross profit	£4.2m	£2.9m	£4.9m	£7.4m
Operating profit	£3.3m	£1.5m	−£1m	−£3.4m
Profit before tax	£3.3m	£1.5m	−£1m	−£3.4m
Profit after tax	£2.7m	£1.2m	−£788k	−£2.5m
Profit (best available)	£2.7m	£1.2m	−£788k	−£2.5m
Staff costs	£6.7m	£7.4m	£8.5m	£13.3m
Employees (average)	83	88	89	91
Ratios
Profit margin	17.6%	8.6%	−7.5%	−17.8%
Gross margin	27.7%	21.4%	46.9%	52.6%
Revenue per employee	£184k	£152k	£118k	£155k
Profit per employee	£32.4k	£13.1k	−£8.8k	−£27.6k
Cash conversion	67.1%	−41.2%	—	—
Growth (year on year)
Revenue growth	—	▼12.4%	▼21.6%	▲34.6%
Profit growth	—	▼57.1%	▼168.3%	—
Headcount growth	—	▲6%	▲1.1%	▲2.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1m	£4.5m	£3.8m	£2.9m
Net assets	£12.5m	£13.6m	£12.9m	£5.3m
Fixed assets	£274k	£201k	£182k	£209k
Current assets	£18.2m	£19.1m	£17.8m	£14.4m
Debtors	£6.2m	£4m	£2.5m	£3.2m
Deferred income	£4.8m	£4.6m	£4.4m	£6.3m
Cash from operations	£2.2m	−£622k	−£665k	£4.3m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data May 2026	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: −17.8%; Profit ÷ revenue.
Gross margin: 52.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £155k; Revenue ÷ average employees.
Profit per employee: −£27.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 44.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼58%; Now £5.3m
Cash at bank: ▼22%; Now £2.9m
Headcount: ▲2%; Now 91
Deferred income: ▲45%; Now £6.3m
Fixed assets: ▲15%; Now £209k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£2.5m), from the Companies House accounts bulk data published May 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.