How much does Higher Concept Software Limited make?

Higher Concept Software Limited reported revenue of £6.6m and £256k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Higher Concept Software Limited have?

Higher Concept Software Limited reported an average of 67 employees in the year to 31 Dec 2024.

Is Higher Concept Software Limited profitable?

Yes — Higher Concept Software Limited reported a profit of £256k in the year to 31 Dec 2024.

Company No. 03531982 · Incorporated 20 Mar 1998

Higher Concept Software Limited

Registered name: HIGHER CONCEPT SOFTWARE LIMITED

Part of Point-of-Rental Software Limited group

Higher Concept Software Limited made £6.6m revenue and £256k profit in the year to 31 Dec 2024.

Higher Concept Software Limited’s revenue grew 17% to £6.6m in the year to 31 Dec 2024, with £256k profit and 67 employees. The company is classified under “business and domestic software development” and is based in Reading; we hold 4 years of its filed accounts.

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

Status: Active
Location: Reading, South East
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

Capital-light

Revenue

£6.6m

Growth ▲16.7%

Profit

£256k

Growth ▼65.5%

Profit margin

3.9%

Gross 95.3%

Employees

Change ▲6.3%

Profit / employee

£3.8k

Revenue/employee £98.8k

Profitable streak

2yrs

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	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£4.3m	£5.7m	£6.6m
Cost of sales	—	£87.8k	£143k	£310k
Gross profit	—	£4.2m	£5.5m	£6.3m
Operating profit	—	−£144k	£963k	£349k
Profit before tax	—	−£143k	£968k	£371k
Profit after tax	—	−£95.2k	£742k	£256k
Profit (best available)	—	−£95.2k	£742k	£256k
Staff costs	—	£3.5m	£3.7m	£4m
Employees (average)	54	61	63	67
Ratios
Profit margin	—	−2.2%	13.1%	3.9%
Gross margin	—	98%	97.5%	95.3%
Revenue per employee	—	£70.2k	£90k	£98.8k
Profit per employee	—	−£1.6k	£11.8k	£3.8k
Growth (year on year)
Revenue growth	—	—	▲32.5%	▲16.7%
Profit growth	—	—	—	▼65.5%
Headcount growth	—	▲13%	▲3.3%	▲6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£395k	£380k	£1.3m	£1.6m
Net assets	£1.6m	£1.5m	£2.3m	£2.4m
Fixed assets	£124k	£505k	£425k	£341k
Current assets	£2.5m	£2.1m	£6.7m	£7.4m
Debtors	£786k	£482k	£619k	£971k
Deferred income	£26.4k	£101k	£213k	£182k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 95.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £98.8k; Revenue ÷ average employees.
Profit per employee: £3.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.7%; 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: ▲7%; Now £2.4m
Cash at bank: ▲26%; Now £1.6m
Headcount: ▲6%; Now 67
Deferred income: ▼15%; Now £182k
Fixed assets: ▼20%; Now £341k

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

Point-of-Rental Software Limitedultimate parent75–100%
Higher Concept 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £256k), from the Companies House accounts bulk data published Apr 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.