How much does Abl London Limited make?

Abl London Limited reported revenue of £13.5m and a loss of £217k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Abl London Limited have?

Abl London Limited reported an average of 98 employees in the year to 31 Dec 2024.

Is Abl London Limited profitable?

No — Abl London Limited reported a loss of £217k in the year to 31 Dec 2024.

Company No. 02646070 · Incorporated 16 Sep 1991

Abl London Limited

Registered name: ABL LONDON LIMITED

Part of Aqualis Asa group

Abl London Limited made £13.5m revenue and a £217k loss in the year to 31 Dec 2024.

Abl London Limited’s revenue fell 14% to £13.5m in the year to 31 Dec 2024, with a loss of £217k and 98 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 35 yrs · since 1991
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£13.5m

Growth ▼13.5%

Profit

−£217k

Growth ▼127%

Profit margin

−1.6%

Gross 16.4%

Employees

Change ▲50.8%

Profit / employee

−£2.2k

Revenue/employee £138k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.7m	£13.5m
Cost of sales	£11m	£11.3m
Gross profit	£4.6m	£2.2m
Operating profit	£831k	−£308k
Profit before tax	£833k	−£322k
Profit after tax	£804k	−£217k
Profit (best available)	£804k	−£217k
Staff costs	£6.8m	£8.7m
Employees (average)	65	98
Ratios
Profit margin	5.1%	−1.6%
Gross margin	29.4%	16.4%
Revenue per employee	£241k	£138k
Profit per employee	£12.4k	−£2.2k
Growth (year on year)
Revenue growth	—	▼13.5%
Profit growth	—	▼127%
Headcount growth	—	▲50.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£358k	£908k
Net assets	−£450k	−£647k
Fixed assets	£134k	£176k
Current assets	£18.6m	£23m
Debtors	£2m	£1.9m
Deferred income	£1.4m	£468k
Source	FullAccounts · bulk data Jan 2026	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −1.6%; Profit ÷ revenue.
Gross margin: 16.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £138k; Revenue ÷ average employees.
Profit per employee: −£2.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14%; 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: —; Now −£647k
Cash at bank: ▲154%; Now £908k
Headcount: ▲51%; Now 98
Deferred income: ▼67%; Now £468k
Fixed assets: ▲32%; Now £176k

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

Corporate ownership

Group structure

Ownership chain

Aqualis Asa (registered outside the UK register)ultimate parent75–100%
Abl Technical Services Holdings Limited75–100%
Abl London Limitedthis company

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

Sister companies (1)

Abl Adjusting LimitedRev. — · Profit £88.9k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£217k), from the Companies House accounts bulk data published Jan 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.