Openwork Holdings Limited
Registered name: OPENWORK HOLDINGS LIMITED
Part of Openwork Partnership LLP groupOpenwork Holdings Limited made £631m revenue and £12.6m profit in the year to 31 Dec 2025.
Openwork Holdings Limited’s revenue grew 9% to £631m in the year to 31 Dec 2025, with £12.6m profit and 750 employees. The company is classified under “activities of head offices” and is based in Swindon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Swindon, South West
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £518m | £580m | £631m |
| Cost of sales | −£402m | −£453m | −£491m |
| Gross profit | £116m | £127m | £140m |
| Operating profit | £7.7m | £9.7m | £15m |
| Profit before tax | £11.7m | £14.7m | £16.9m |
| Profit after tax | £7.2m | £6.9m | £12.6m |
| Profit (best available) | £7.2m | £6.9m | £12.6m |
| Employees (average) | 736 | 707 | 750 |
| Ratios | |||
| Profit margin | 1.4% | 1.2% | 2% |
| Gross margin | 22.4% | 21.8% | 22.2% |
| Revenue per employee | £703k | £820k | £842k |
| Profit per employee | £9.8k | £9.7k | £16.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12% | ▲8.8% |
| Profit growth | — | ▼5.2% | ▲82.9% |
| Headcount growth | — | ▼3.9% | ▲6.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2025 | Accounts · bulk data Dec 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 22.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £842k
- Revenue ÷ average employees.
- Profit per employee
- £16.8k
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲6%
- Now 750
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Openwork Partnership LLPultimate parent75–100%
- Openwork Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Lydiard Fields Business Park Management LimitedFigures not disclosed
- Omnis Investments LimitedFigures not disclosed
- Openwork Access LimitedFigures not disclosed
- Openwork Independent Solutions LimitedFigures not disclosed
- Openwork LimitedFigures not disclosed
- Openwork Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £12.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026