How much does Varitronix (U.K.) Limited make?

Varitronix (U.K.) Limited reported revenue of £36.9m and £1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Varitronix (U.K.) Limited have?

Varitronix (U.K.) Limited reported an average of 13 employees in the year to 31 Dec 2025.

Is Varitronix (U.K.) Limited profitable?

Yes — Varitronix (U.K.) Limited reported a profit of £1m in the year to 31 Dec 2025.

Company No. 02496978 · Incorporated 27 Apr 1990

Varitronix (U.K.) Limited

Registered name: VARITRONIX (U.K.) LIMITED

Varitronix (U.K.) Limited made £36.9m revenue and £1m profit in the year to 31 Dec 2025. read from filing text

Varitronix (U.K.) Limited’s revenue grew 20% to £36.9m in the year to 31 Dec 2025, with £1m profit and 13 employees. The company is classified under “other business support service activities”; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London
Age: 36 yrs · since 1990
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: “At 31 December 2025 the directors consider the immediate parent and the ultimate controlling party of the company to be Varitronix Limited, which is incorporated in Hong Kong, and BOE Technology Group”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverage

Revenue

£36.9m

Growth ▲20.3%

Profit

£1m

Growth ▲367.6%

Profit margin

2.8%

Gross 12.6%

Employees

Change 0%

Profit / employee

£80.4k

Revenue/employee £2.8m

Profitable streak

4yrs

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&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)	£35.5m	£34.3m	£30.7m	£36.9m
Cost of sales	£29.5m	£29.3m	£27.7m	£32.2m
Gross profit	£6m	£5m	£3m	£4.7m
Operating profit	£4.7m	£2.3m	£320k	£1.4m
Profit before tax	£4.7m	£2.3m	£316k	£1.3m
Profit after tax	£3.8m	£1.7m	£223k	£1m
Profit (best available)	£3.8m	£1.7m	£223k	£1m
Staff costs	£1.2m	£1.3m	£990k	£1.1m
Employees (average)	10	11	13	13
Ratios
Profit margin	10.8%	5%	0.7%	2.8%
Gross margin	16.9%	14.5%	9.7%	12.6%
Revenue per employee	£3.5m	£3.1m	£2.4m	£2.8m
Profit per employee	£385k	£156k	£17.2k	£80.4k
Growth (year on year)
Revenue growth	—	▼3.2%	▼10.6%	▲20.3%
Profit growth	—	▼55.4%	▼87%	▲367.6%
Headcount growth	—	▲10%	▲18.2%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.9m	£5.4m	£9.6m	£10.7m
Net assets	£12.7m	£14.4m	£14.7m	£15.7m
Current assets	—	—	£20.3m	£22.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.8%; Profit ÷ revenue.
Gross margin: 12.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.8m; Revenue ÷ average employees.
Profit per employee: £80.4k; 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.

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: ▲7%; Now £15.7m
Cash at bank: ▲11%; Now £10.7m
Headcount: 0%; Now 13
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £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.