How much does Cryptomathic Limited make?

Cryptomathic Limited reported revenue of £3.4m and £609k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cryptomathic Limited have?

Cryptomathic Limited reported an average of 6 employees in the year to 31 Dec 2025.

Is Cryptomathic Limited profitable?

Yes — Cryptomathic Limited reported a profit of £609k in the year to 31 Dec 2025.

Company No. 04111091 · Incorporated 20 Nov 2000

Cryptomathic Limited

Registered name: CRYPTOMATHIC LIMITED

Cryptomathic Limited made £3.4m revenue and £609k profit in the year to 31 Dec 2025.

Cryptomathic Limited’s revenue grew 6% to £3.4m in the year to 31 Dec 2025, with £609k profit and 6 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 25 yrs · since 2000
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamOperating leverage

Revenue

£3.4m

Growth ▲5.7%

Profit

£609k

Growth ▲229.9%

Profit margin

18%

Gross 39.1%

Employees

Change ▲20%

Profit / employee

£101k

Revenue/employee £563k

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 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.6m	£3.2m	£3.4m
Cost of sales	£2.4m	£1.9m	£2.1m
Gross profit	£1.1m	£1.3m	£1.3m
Operating profit	£78.1k	£50.5k	£100k
Profit before tax	£788k	£255k	£648k
Profit after tax	£792k	£185k	£609k
Profit (best available)	£792k	£185k	£609k
Employees (average)	9	5	6
Ratios
Profit margin	22.2%	5.8%	18%
Gross margin	31.8%	39.2%	39.1%
Revenue per employee	£397k	£639k	£563k
Profit per employee	£88.1k	£36.9k	£101k
Growth (year on year)
Revenue growth	—	▼10.6%	▲5.7%
Profit growth	—	▼76.7%	▲229.9%
Headcount growth	—	▼44.4%	▲20%
Balance sheet — indirect signals, not revenue
Cash at bank	£825k	£253k	£321k
Net assets	£521k	£496k	£611k
Current assets	£2.1m	£2.3m	£3.9m
Debtors	£844k	£499k	£1.6m
Deferred income	£1.8m	£1.8m	£2.5m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 18%; Profit ÷ revenue.
Gross margin: 39.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £563k; Revenue ÷ average employees.
Profit per employee: £101k; 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: 73.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 48.1%; 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: ▲23%; Now £611k
Cash at bank: ▲27%; Now £321k
Headcount: ▲20%; Now 6
Deferred income: ▲40%; Now £2.5m
Fixed assets: —; Now —

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

Subsidiaries (1)

Aconite Technology LimitedRev. £0 · Profit £6.8k

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 2025 (profit £609k), from the Companies House accounts bulk data published Jun 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.