How much does Axis Electronics Limited make?

Axis Electronics Limited reported revenue of £41.9m and £7m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Axis Electronics Limited have?

Axis Electronics Limited reported an average of 196 employees in the year to 31 Dec 2025.

Is Axis Electronics Limited profitable?

Yes — Axis Electronics Limited reported a profit of £7m in the year to 31 Dec 2025.

Company No. 02983376 · Incorporated 26 Oct 1994

Axis Electronics Limited

Registered name: AXIS ELECTRONICS LIMITED

Part of Cicor Technologies Ltd group

Axis Electronics Limited made £41.9m revenue and £7m profit in the year to 31 Dec 2025. read from filing text

Axis Electronics Limited’s revenue grew 5% to £41.9m in the year to 31 Dec 2025, with £7m profit and 196 employees. The company is classified under “manufacture of electronic components” and is based in Milton Keynes; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26110Manufacture of electronic components SIC 27900Manufacture of other electrical equipment

Status: Active
Location: Milton Keynes, South East
Age: 31 yrs · since 1994
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 the year end, the company’s immediate parent company was Cicor UK Ltd, by virtue of its 100% shareholding.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage

Revenue

£41.9m

Growth ▲5%

Profit

£7m

Growth ▲10.1%

Profit margin

16.6%

Gross 41.5%

Employees

196

Change ▲7.7%

Profit / employee

£35.5k

Revenue/employee £214k

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)	£20.8m	£41.7m	£39.9m	£41.9m
Cost of sales	£11.3m	£27.5m	£24.9m	£24.5m
Gross profit	£9.5m	£14.2m	£15m	£17.4m
Operating profit	£4.8m	£7.5m	£8.5m	£9.7m
Profit before tax	£4.8m	£7.5m	£8.5m	£9.7m
Profit after tax	£3.9m	£5.7m	£6.3m	£7m
Profit (best available)	£3.9m	£5.7m	£6.3m	£7m
Staff costs	—	—	£7.8m	£9.1m
Employees (average)	180	182	182	196
Ratios
Profit margin	19%	13.7%	15.8%	16.6%
Gross margin	45.6%	34.1%	37.6%	41.5%
Revenue per employee	£115k	£229k	£219k	£214k
Profit per employee	£21.9k	£31.3k	£34.8k	£35.5k
Growth (year on year)
Revenue growth	—	▲100.4%	▼4.2%	▲5%
Profit growth	—	▲44.3%	▲11.2%	▲10.1%
Headcount growth	—	▲1.1%	0%	▲7.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.9m	£3.9m	£4.2m	£8.3m
Net assets	£20.4m	£15.4m	£14.5m	£15.4m
Fixed assets	£1.8m	£1.4m	£1.4m	£1.8m
Current assets	£35.7m	£32.1m	£31.6m	£29.2m
Debtors	£5.8m	£7.2m	£9.9m	£4.9m
Deferred income	£9.4m	£12.4m	£10.1m	£7.6m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 16.6%; Profit ÷ revenue.
Gross margin: 41.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £214k; Revenue ÷ average employees.
Profit per employee: £35.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 18.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.7%; 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: ▲6%; Now £15.4m
Cash at bank: ▲96%; Now £8.3m
Headcount: ▲8%; Now 196
Deferred income: ▼25%; Now £7.6m
Fixed assets: ▲25%; Now £1.8m

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

Cicor Technologies Ltd (registered outside the UK register)ultimate parent75–100%
Cicor UK Ltd75–100%
Axis Electronics Limitedthis company

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

Sister companies (3)

Cicor Newport LtdRev. £33.6m · Profit £2.9m
Cicor Hartlepool LtdRev. £25m · Profit £1.8m
STS Defence LimitedRev. £11.8m · Profit £819k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £7m), from the Companies House accounts bulk data published Mar 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.