How much does Applicable Limited make?

Applicable Limited reported revenue of £6.3m and a loss of £1.5m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Applicable Limited have?

Applicable Limited reported an average of 63 employees in the year to 31 Mar 2025.

Is Applicable Limited profitable?

No — Applicable Limited reported a loss of £1.5m in the year to 31 Mar 2025.

Company No. 03426111 · Incorporated 28 Aug 1997

Applicable Limited

Registered name: APPLICABLE LIMITED

Part of Ntt, Inc. group

Applicable Limited made £6.3m revenue and a £1.5m loss in the year to 31 Mar 2025.

Applicable Limited’s revenue fell 18% to £6.3m in the year to 31 Mar 2025, with a loss of £1.5m and 63 employees. The company is classified under “business and domestic software development” and is based in Bristol; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: Bristol, South West
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£6.3m

Growth ▼18.4%

Profit

−£1.5m

Growth ▼609.2%

Profit margin

−24%

Gross 6.6%

Employees

Change ▼6%

Profit / employee

−£24.1k

Revenue/employee £100k

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 to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.7m	£6.3m
Cost of sales	£5.6m	£5.9m
Gross profit	£2.1m	£416k
Operating profit	£449k	−£1.6m
Profit before tax	£564k	−£1.5m
Profit after tax	£298k	−£1.5m
Profit (best available)	£298k	−£1.5m
Staff costs	£4.9m	£5.5m
Employees (average)	67	63
Ratios
Profit margin	3.9%	−24%
Gross margin	27.7%	6.6%
Revenue per employee	£116k	£100k
Profit per employee	£4.4k	−£24.1k
Growth (year on year)
Revenue growth	—	▼18.4%
Profit growth	—	▼609.2%
Headcount growth	—	▼6%
Balance sheet — indirect signals, not revenue
Cash at bank	£615k	£1.6m
Net assets	£2.1m	£623k
Fixed assets	£134k	£86.4k
Current assets	£3.1m	£3.2m
Debtors	£1.5m	£1.1m
Deferred income	£503k	£428k
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: −24%; Profit ÷ revenue.
Gross margin: 6.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £100k; Revenue ÷ average employees.
Profit per employee: −£24.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▼71%; Now £623k
Cash at bank: ▲163%; Now £1.6m
Headcount: ▼6%; Now 63
Deferred income: ▼15%; Now £428k
Fixed assets: ▼36%; Now £86.4k

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

Ntt, Inc. (registered outside the UK register)ultimate parent75–100%
NTT Limited75–100%
NTT Cloud Communications UK Ltd.75–100%
Applicable Enterprises Ltd75–100%
Applicable 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.5m), 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.