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Company No. 02841970 · Incorporated 3 Aug 1993

BMG Research Ltd

Registered name: BMG RESEARCH LTD

Part of Ares Management Corporation group

BMG Research Ltd made £7.1m revenue and a £792k loss in the year to 6 Apr 2025.

BMG Research Ltd’s revenue fell 5% to £7.1m in the year to 6 Apr 2025, with a loss of £792k and 160 employees. The company is classified under “business and domestic software development” and is based in Cheshire; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software developmentSIC 73200Market research and public opinion polling
Status
Active
Location
Cheshire, North West
Age
33 yrs · since 1993
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: “RSK Environment Limited”

Latest accounts · year to 6 Apr 2025

Key figures

Capital-light
Revenue
£7.1m
Growth ▼4.9%
Profit
−£792k
Growth ▼243.7%
Profit margin
−11.2%
Gross 19.1%
Employees
160
Change ▼2.4%
Profit / employee
−£4.9k
Revenue/employee £44.3k
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 to31 Mar 20246 Apr 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.5m£7.1m
Cost of sales£4.8m£5.7m
Gross profit£2.6m£1.4m
Profit before tax£713k−£762k
Profit after tax£551k−£792k
Profit (best available)£551k−£792k
Staff costs£3.3m£3.9m
Employees (average)164160
Ratios
Profit margin7.4%−11.2%
Gross margin35.2%19.1%
Revenue per employee£45.5k£44.3k
Profit per employee£3.4k−£4.9k
Growth (year on year)
Revenue growth—▼4.9%
Profit growth—▼243.7%
Headcount growth—▼2.4%
Balance sheet — indirect signals, not revenue
Cash at bank£911k£1m
Net assets£3m£2.2m
Fixed assets£52.6k£6.7k
Current assets£5.4m£4.8m
Debtors£927k£898k
Deferred income£179k£706k
SourceFullAccounts · bulk data Oct 2025FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
−11.2%
Profit ÷ revenue.
Gross margin
19.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£44.3k
Revenue ÷ average employees.
Profit per employee
−£4.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
10%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.7%
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
▼27%
Now £2.2m
Cash at bank
▲14%
Now £1m
Headcount
▼2%
Now 160
Deferred income
▲295%
Now £706k
Fixed assets
▼87%
Now £6.7k
Corporate ownership

Group structure

Ownership chain

  1. Ares Management Corporation (registered outside the UK register)ultimate parent75–100%
  2. Ares Management Limited75–100%
  3. RSK Environment Limited75–100%
  4. BMG Research Ltdthis company

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

Sister companies (132)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 6 Apr 2025 (profit −£792k), from the Companies House accounts bulk data published Oct 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.