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Company No. 02722340 · Incorporated 11 Jun 1992

Box Technologies Limited

Registered name: BOX TECHNOLOGIES LIMITED

Part of Flytech Technology Co., Ltd., group

Box Technologies Limited made £15.7m revenue and £505k profit in the year to 31 Dec 2024.

Box Technologies Limited’s revenue fell 7% to £15.7m in the year to 31 Dec 2024, with £505k profit and 53 employees. The company is classified under “other information technology service activities” and is based in Thame; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Thame, South East
Age
34 yrs · since 1992
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

Revenue
£15.7m
Growth ▼7.5%
Profit
£505k
Growth ▼32.7%
Profit margin
3.2%
Gross 29%
Employees
53
Change ▼5.4%
Profit / employee
£9.5k
Revenue/employee £296k
Profitable streak
3yrs
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 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.2m£17m£15.7m
Cost of sales£16m£12.4m£11.1m
Gross profit£5.2m£4.6m£4.6m
Operating profit£1.6m£1m£694k
Profit before tax£1.6m£981k£678k
Profit after tax£1.2m£750k£505k
Profit (best available)£1.2m£750k£505k
Staff costs£2.6m£2.5m£2.6m
Employees (average)545653
Ratios
Profit margin5.8%4.4%3.2%
Gross margin24.3%27.1%29%
Revenue per employee£392k£303k£296k
Profit per employee£22.9k£13.4k£9.5k
Growth (year on year)
Revenue growth—▼19.9%▼7.5%
Profit growth—▼39.3%▼32.7%
Headcount growth—▲3.7%▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank£4.6m£4.3m£4.8m
Net assets£8.6m£9.4m£9.9m
Current assets£13.1m£12.2m£12.8m
Debtors£2.5m£3.6m£5m
Deferred income£594k£411k£379k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
3.2%
Profit ÷ revenue.
Gross margin
29%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£296k
Revenue ÷ average employees.
Profit per employee
£9.5k
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
2.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
32%
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
▲5%
Now £9.9m
Cash at bank
▲13%
Now £4.8m
Headcount
▼5%
Now 53
Deferred income
▼8%
Now £379k
Fixed assets
—
Now —

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

  1. Flytech Technology Co., Ltd., (registered outside the UK register)ultimate parent75–100%
  2. Box Technologies (Holdings) Limited75–100%
  3. Box Technologies 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

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £505k), from the Companies House accounts bulk data published Sep 2025. 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.