How much does Celli Asset Management (UK) Limited make?

Celli Asset Management (UK) Limited reported revenue of £10.8m and £4.5m profit in the year to 29 Dec 2024, according to its accounts filed at Companies House.

How many employees does Celli Asset Management (UK) Limited have?

Celli Asset Management (UK) Limited reported an average of 92 employees in the year to 29 Dec 2024.

Is Celli Asset Management (UK) Limited profitable?

Yes — Celli Asset Management (UK) Limited reported a profit of £4.5m in the year to 29 Dec 2024.

Company No. 03307179 · Incorporated 24 Jan 1997

Celli Asset Management (UK) Limited

Registered name: CELLI ASSET MANAGEMENT (UK) LIMITED

Part of Celli S.P.A group

Celli Asset Management (UK) Limited made £10.8m revenue and £4.5m profit in the year to 29 Dec 2024. read from filing text

Celli Asset Management (UK) Limited’s revenue fell 28% to £10.8m in the year to 29 Dec 2024, with £4.5m profit and 92 employees. The company is classified under “other service activities” and is based in Thirsk; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Thirsk, Yorkshire and The Humber
Age: 29 yrs · since 1997
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: “The immediate parent company is Celli International Limited, a company incorporated in England and”

Latest accounts · year to 29 Dec 2024

Key figures

Capital-light

Revenue

£10.8m

Growth ▼28.1%

Profit

£4.5m

Growth —

Profit margin

42.2%

Gross −1%

Employees

Change ▼42.5%

Profit / employee

£49.3k

Revenue/employee £117k

Profitable streak

1yr

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 2021	31 Dec 2022	31 Dec 2023	29 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£28.8m	£32.3m	£14.9m	£10.8m
Cost of sales	£26.1m	£30m	£13m	£10.9m
Gross profit	£2.7m	£2.4m	£1.9m	−£106k
Operating profit	−£234k	−£3.2m	−£3.4m	£4.6m
Profit before tax	−£280k	−£3.2m	−£3.6m	£4.5m
Profit after tax	−£242k	−£3.2m	−£3.5m	£4.5m
Profit (best available)	−£242k	−£3.2m	−£3.5m	£4.5m
Staff costs	£4.6m	£7.7m	£6.6m	£3.6m
Employees (average)	140	190	160	92
Ratios
Profit margin	−0.8%	−10%	−23.2%	42.2%
Gross margin	9.4%	7.3%	12.9%	−1%
Revenue per employee	£206k	£170k	£93.4k	£117k
Profit per employee	−£1.7k	−£17k	−£21.6k	£49.3k
Growth (year on year)
Revenue growth	—	▲12.3%	▼53.8%	▼28.1%
Headcount growth	—	▲35.7%	▼15.8%	▼42.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£83.7k	£193k	£21k
Net assets	−£282k	−£3.5m	−£7m	£1.9m
Fixed assets	£534k	£362k	£147k	£162k
Current assets	£9.3m	£6.7m	£6.3m	£3.1m
Debtors	£2.4m	£4m	£3.3m	£1.1m
Deferred income	—	£835k	£754k	£179k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 42.2%; Profit ÷ revenue.
Gross margin: −1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: £49.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; 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 £1.9m
Cash at bank: ▼89%; Now £21k
Headcount: ▼43%; Now 92
Deferred income: ▼76%; Now £179k
Fixed assets: ▲10%; Now £162k

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

Celli S.P.A (registered outside the UK register)ultimate parent75–100%
Celli International Limited75–100%
Celli Asset Management (UK) Limitedthis company

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

Sister companies (2)

Celli Group (UK) LimitedRev. £14.6m · Profit −£831k
ADS2 LimitedFigures not disclosed

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 29 Dec 2024 (profit £4.5m), from the Companies House accounts bulk data published Jun 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.