How much does Holmestone Ltd make?

Holmestone Ltd reported revenue of £36.7m and £10.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Holmestone Ltd have?

Holmestone Ltd reported an average of 164 employees in the year to 31 Dec 2024.

Is Holmestone Ltd profitable?

Yes — Holmestone Ltd reported a profit of £10.1m in the year to 31 Dec 2024.

Company No. 03685414 · Incorporated 17 Dec 1998

Holmestone Ltd

Registered name: HOLMESTONE LTD

Holmestone Ltd made £36.7m revenue and £10.1m profit in the year to 31 Dec 2024.

Holmestone Ltd’s revenue was £36.7m in the year to 31 Dec 2024, with £10.1m profit and 164 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: London, London
Age: 27 yrs · since 1998
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed

Revenue

£36.7m

Growth ▼0.1%

Profit

£10.1m

Growth ▼23.8%

Profit margin

27.5%

Gross 63.9%

Employees

164

Change ▲1.2%

Profit / employee

£61.6k

Revenue/employee £224k

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 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24m	£31.7m	£36.8m	£36.7m
Cost of sales	£11.4m	£14.8m	£14.6m	£13.3m
Gross profit	£12.6m	£16.9m	£22.2m	£23.5m
Operating profit	£4.2m	£8.4m	£12.5m	£13.3m
Profit before tax	£9.5m	£12.3m	£16.1m	£13.3m
Profit after tax	£845k	£3.8m	£13.2m	£10.1m
Profit (best available)	£845k	£3.8m	£13.2m	£10.1m
Staff costs	£5.7m	£6.7m	£7.3m	£7.7m
Employees (average)	131	145	162	164
Ratios
Profit margin	3.5%	12.1%	36%	27.5%
Gross margin	52.7%	53.3%	60.4%	63.9%
Revenue per employee	£183k	£218k	£227k	£224k
Profit per employee	£6.4k	£26.5k	£81.7k	£61.6k
Cash conversion	63.6%	125.9%	79.2%	44.3%
Growth (year on year)
Revenue growth	—	▲31.9%	▲16.1%	▼0.1%
Profit growth	—	▲354.2%	▲245.1%	▼23.8%
Headcount growth	—	▲10.7%	▲11.7%	▲1.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£608k	£3m	£4.2m	£2.6m
Net assets	£6.6m	£7.4m	£7.9m	£10.8m
Fixed assets	£22.8m	£22.4m	£21.8m	£4.8m
Current assets	£3.5m	£3.5m	£4.4m	£8.5m
Debtors	£84	£438k	£203k	£5.9m
Cash from operations	£2.7m	£10.6m	£9.9m	£5.9m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 27.5%; Profit ÷ revenue.
Gross margin: 63.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £224k; Revenue ÷ average employees.
Profit per employee: £61.6k; Profit ÷ average employees.
Cash conversion: 44.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.2%; 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: ▲37%; Now £10.8m
Cash at bank: ▼40%; Now £2.6m
Headcount: ▲1%; Now 164
Deferred income: —; Now —
Fixed assets: ▼78%; Now £4.8m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £10.1m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 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.