Centric Software Limited
Registered name: CENTRIC SOFTWARE LIMITED
Part of Centric Software Inc groupCentric Software Limited made £26.9m revenue and £1.6m profit in the year to 31 Dec 2025.
Centric Software Limited’s revenue fell 41% to £26.9m in the year to 31 Dec 2025, with £1.6m profit and 136 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 30 yrs · since 1996
- 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: “Centric Software, Inc”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £17.9m | £22.4m | £45.8m | £26.9m |
| Cost of sales | £9.4m | £7.6m | £24m | −£3.1m |
| Gross profit | £8.5m | £14.9m | £21.8m | £23.8m |
| Operating profit | £449k | £785k | £1.6m | £897k |
| Profit before tax | £515k | £1.1m | £1.8m | £901k |
| Profit after tax | £414k | £798k | £1.6m | £1.6m |
| Profit (best available) | £414k | £798k | £1.6m | £1.6m |
| Staff costs | £6.4m | £9.8m | £14.7m | — |
| Employees (average) | 55 | 79 | 109 | 136 |
| Ratios | ||||
| Profit margin | 2.3% | 3.6% | 3.5% | 5.9% |
| Gross margin | 47.5% | 66.3% | 47.6% | 88.5% |
| Revenue per employee | £326k | £284k | £420k | £197k |
| Profit per employee | £7.5k | £10.1k | £14.6k | £11.6k |
| Cash conversion | −217.8% | −115% | −20.6% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲25% | ▲104.2% | ▼41.3% |
| Profit growth | — | ▲92.9% | ▲98.7% | ▼0.6% |
| Headcount growth | — | ▲43.6% | ▲38% | ▲24.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £805k | £587k | — |
| Net assets | £1.2m | £2m | £3.6m | — |
| Fixed assets | £47.4k | £25.5k | £93.5k | — |
| Current assets | £24.1m | £23.2m | £30.9m | — |
| Debtors | £7.8m | £6.8m | £10.7m | — |
| Deferred income | £4.2m | £8.6m | £4.6m | — |
| Cash from operations | −£977k | −£902k | −£330k | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jun 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 88.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £197k
- Revenue ÷ average employees.
- Profit per employee
- £11.6k
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲25%
- Now 136
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Centric Software Inc (registered outside the UK register)ultimate parent75–100%
- Centric Software 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).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £1.6m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.