How many employees does Relex Solutions UK Limited have?

Relex Solutions UK Limited reported an average of 69 employees in the year to 31 Dec 2024.

Is Relex Solutions UK Limited profitable?

Yes — Relex Solutions UK Limited reported a profit of £1.4m in the year to 31 Dec 2024.

Company No. 03522094 · Incorporated 4 Mar 1998

Relex Solutions UK Limited

Registered name: RELEX SOLUTIONS UK LIMITED

Relex Solutions UK Limited made £1.4m profit in the year to 31 Dec 2024 (revenue not disclosed).

Relex Solutions UK Limited reported £1.4m profit in the year to 31 Dec 2024, up 40% on the year before; its revenue was not disclosed. It had 69 employees. The company is classified under “business and domestic software development” and is based in Newcastle; we hold 4 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Newcastle, West Midlands
Age: 28 yrs · since 1998
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 2024

Key figures

Revenue

—

Not disclosed in filing

Profit

£1.4m

Growth ▲39.8%

Profit margin

—

Employees

Change ▲9.5%

Profit / employee

£20k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	31 Dec 2024
Disclosure	No P&L	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	−£2m	£986k	£1.4m
Profit (best available)	—	−£2m	£986k	£1.4m
Employees (average)	42	54	63	69
Ratios
Profit margin	—	—	—	—
Profit per employee	—	−£37.5k	£15.6k	£20k
Growth (year on year)
Profit growth	—	—	—	▲39.8%
Headcount growth	—	▲28.6%	▲16.7%	▲9.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£249k	£137k	£201k	£444k
Net assets	−£8.2m	−£10.2m	−£9.1m	−£7.7m
Fixed assets	£914k	£823k	£664k	£565k
Current assets	£497k	£342k	£430k	£841k
Debtors	£31.6k	£12.5k	£0	£32.5k
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £20k; 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.

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 −£7.7m
Cash at bank: ▲120%; Now £444k
Headcount: ▲10%; Now 69
Deferred income: —; Now —
Fixed assets: ▼15%; Now £565k

Corporate ownership

Group structure

Ownership chain

Relex Limitedultimate parent75–100%
Relex Solutions UK 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.4m), from the Companies House accounts bulk data published Dec 2025. 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.