How much does Etac Limited make?

Etac Limited reported revenue of £29.1m and £821k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Etac Limited have?

Etac Limited reported an average of 83 employees in the year to 31 Dec 2024.

Is Etac Limited profitable?

Yes — Etac Limited reported a profit of £821k in the year to 31 Dec 2024.

Company No. 03936516 · Incorporated 24 Feb 2000

Etac Limited

Registered name: ETAC LIMITED

Part of Axel And Margaret Ax Son Johnson Foundation group

Etac Limited made £29.1m revenue and £821k profit in the year to 31 Dec 2024.

Etac Limited’s revenue grew 20% to £29.1m in the year to 31 Dec 2024, with £821k profit and 83 employees. The company is classified under “other human health activities” and is based in Kidderminster; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Kidderminster, West Midlands
Age: 26 yrs · since 2000
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

£29.1m

Growth ▲20%

Profit

£821k

Growth ▼18%

Profit margin

2.8%

Gross 28.3%

Employees

Change ▲10.7%

Profit / employee

£9.9k

Revenue/employee £350k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.8m	£24.2m	£29.1m
Cost of sales	£16m	£16.9m	£20.8m
Gross profit	£5.8m	£7.3m	£8.2m
Operating profit	£1.3m	£1.2m	£911k
Profit before tax	£1.3m	£1.3m	£1.1m
Profit after tax	£1.2m	£1m	£821k
Profit (best available)	£1.2m	£1m	£821k
Staff costs	£3.5m	£3.9m	£4.6m
Employees (average)	72	75	83
Ratios
Profit margin	5.4%	4.1%	2.8%
Gross margin	26.8%	30.2%	28.3%
Revenue per employee	£303k	£323k	£350k
Profit per employee	£16.4k	£13.4k	£9.9k
Growth (year on year)
Revenue growth	—	▲11.1%	▲20%
Profit growth	—	▼15.3%	▼18%
Headcount growth	—	▲4.2%	▲10.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£4m	£5.9m
Net assets	£4.8m	£5.3m	£6.1m
Fixed assets	£1.8m	£1.7m	£2.2m
Current assets	£9m	£9.6m	£11.8m
Debtors	£3.5m	£3.2m	£3.5m
Deferred income	£1.1m	£1.1m	£1.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 2.8%; Profit ÷ revenue.
Gross margin: 28.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £350k; Revenue ÷ average employees.
Profit per employee: £9.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.1%; 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: ▲16%; Now £6.1m
Cash at bank: ▲49%; Now £5.9m
Headcount: ▲11%; Now 83
Deferred income: ▲25%; Now £1.4m
Fixed assets: ▲31%; Now £2.2m

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

Axel And Margaret Ax Son Johnson Foundation (registered outside the UK register)ultimate parent75–100%
Etac 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 2024 (profit £821k), from the Companies House accounts bulk data published Sep 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.