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Company No. 02329182 · Incorporated 16 Dec 1988

Navisite Europe Limited

Registered name: NAVISITE EUROPE LIMITED

Part of Accenture Plc group

Navisite Europe Limited made £43.7m revenue and £5.5m profit in the year to 31 Dec 2023.

Navisite Europe Limited’s revenue grew 47% to £43.7m in the year to 31 Dec 2023, with £5.5m profit and 137 employees. The company is classified under “data processing, hosting and related activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 63110Data processing, hosting and related activities
Status
Active
Location
London, London
Age
37 yrs · since 1988
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: “Interliant UK Holdings Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightOperating leverageDoing more with less
Revenue
£43.7m
Growth ▲47.1%
Profit
£5.5m
Growth ▲752.4%
Profit margin
12.6%
Gross 52.8%
Employees
137
Change ▼6.2%
Profit / employee
£40.3k
Revenue/employee £319k
Profitable streak
2yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 2023
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£18.9m£29.7m£43.7m
Cost of sales£5.1m£10.2m£20.6m
Gross profit£13.7m£19.6m£23.1m
Operating profit−£147k£647k£4.2m
Profit before tax−£144k£647k£4.2m
Profit after tax−£144k£647k£5.5m
Profit (best available)−£144k£647k£5.5m
Staff costs£6m£12m£11.4m
Employees (average)50146137
Ratios
Profit margin−0.8%2.2%12.6%
Gross margin72.8%65.9%52.8%
Revenue per employee£378k£204k£319k
Profit per employee−£2.9k£4.4k£40.3k
Growth (year on year)
Revenue growth—▲57.5%▲47.1%
Profit growth——▲752.4%
Headcount growth—▲192%▼6.2%
Balance sheet — indirect signals, not revenue
Cash at bank£422k£1.8m£108k
Net assets£5m£5.6m£11.2m
Fixed assets£1.3m£705k£895k
Current assets£13m£14.4m£21.2m
Debtors£6.5m£8.5m£10.4m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
12.6%
Profit ÷ revenue.
Gross margin
52.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£319k
Revenue ÷ average employees.
Profit per employee
£40.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
23.8%
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
▲98%
Now £11.2m
Cash at bank
▼94%
Now £108k
Headcount
▼6%
Now 137
Deferred income
—
Now —
Fixed assets
▲27%
Now £895k
Corporate ownership

Group structure

Ownership chain

  1. Accenture Plc (registered outside the UK register)ultimate parent75–100%
  2. Accenture (UK) Limited75–100%
  3. Clckwrk Ltd75–100%
  4. Interliant UK Holdings Limited75–100%
  5. Navisite Europe Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £5.5m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Updated from Companies House on 12 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.