How much does Trace One Limited make?

Trace One Limited reported revenue of £6m and £3.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Trace One Limited have?

Trace One Limited reported an average of 26 employees in the year to 31 Dec 2025.

Is Trace One Limited profitable?

Yes — Trace One Limited reported a profit of £3.2m in the year to 31 Dec 2025.

Company No. 03429380 · Incorporated 4 Sep 1997

Trace One Limited

Registered name: TRACE ONE LIMITED

Part of Trace One group

Trace One Limited made £6m revenue and £3.2m profit in the year to 31 Dec 2025. read from filing text

Trace One Limited’s revenue grew 2% to £6m in the year to 31 Dec 2025, with £3.2m profit and 26 employees. The company is classified under “business and domestic software development” and is based in Hemel Hempstead; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Hemel Hempstead, South East
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 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£6m

Growth ▲2.1%

Profit

£3.2m

Growth ▲41.2%

Profit margin

53.1%

Gross 98.6%

Employees

Change ▼3.7%

Profit / employee

£122k

Revenue/employee £230k

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	Profit only	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£5.3m	£5.8m	£6m
Cost of sales	—	£65.7k	£66.2k	£84.4k
Gross profit	—	£5.3m	£5.8m	£5.9m
Operating profit	—	£2.5m	£3m	£3.9m
Profit before tax	£2.2m	£2.5m	£3m	£3.9m
Profit after tax	£2.6m	£2.3m	£2.2m	£3.2m
Profit (best available)	£2.6m	£2.3m	£2.2m	£3.2m
Staff costs	£2.2m	£2.1m	£2m	£2m
Employees (average)	28	30	27	26
Ratios
Profit margin	—	43%	38.4%	53.1%
Gross margin	—	98.8%	98.9%	98.6%
Revenue per employee	—	£178k	£217k	£230k
Profit per employee	£93.8k	£76.5k	£83.3k	£122k
Growth (year on year)
Revenue growth	—	—	▲9.7%	▲2.1%
Profit growth	—	▼12.6%	▼2.1%	▲41.2%
Headcount growth	—	▲7.1%	▼10%	▼3.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£864k	£1m	£451k
Net assets	£4.2m	£6.5m	£3.9m	£3.2m
Fixed assets	£1.2m	£866k	£11k	£6.9k
Current assets	£4.6m	£6.8m	£5.1m	£4.2m
Debtors	£494k	£453k	£631k	£488k
Deferred income	£211k	£169k	£140k	£198k
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 53.1%; Profit ÷ revenue.
Gross margin: 98.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £230k; Revenue ÷ average employees.
Profit per employee: £122k; 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: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.2%; 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: ▼19%; Now £3.2m
Cash at bank: ▼55%; Now £451k
Headcount: ▼4%; Now 26
Deferred income: ▲41%; Now £198k
Fixed assets: ▼37%; Now £6.9k

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

Trace One (registered outside the UK register)ultimate parent75–100%
Trace One 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 Dec 2025 (profit £3.2m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 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.