How much does Bitrez Limited make?

Bitrez Limited reported revenue of £31.6m and £3.8m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Bitrez Limited have?

Bitrez Limited reported an average of 87 employees in the year to 31 Dec 2025.

Is Bitrez Limited profitable?

Yes — Bitrez Limited reported a profit of £3.8m in the year to 31 Dec 2025.

Company No. 04138468 · Incorporated 10 Jan 2001

Bitrez Limited

Registered name: BITREZ LIMITED

Part of Euston Resins Topco Limited group

Bitrez Limited made £31.6m revenue and £3.8m profit in the year to 31 Dec 2025.

Bitrez Limited’s revenue grew 17% to £31.6m in the year to 31 Dec 2025, with £3.8m profit and 87 employees. The company is classified under “manufacture of other chemical products” and is based in Wigan; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 20590Manufacture of other chemical products n.e.c.

Status: Active
Location: Wigan, North West
Age: 25 yrs · since 2001
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 2025

Key figures

Operating leverageDoing more with less

Revenue

£31.6m

Growth ▲16.7%

Profit

£3.8m

Growth ▲65.2%

Profit margin

11.9%

Gross 30%

Employees

Change ▼1.1%

Profit / employee

£43.4k

Revenue/employee £363k

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 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.2m	£26.9m	£27.1m	£31.6m
Cost of sales	£24.2m	£20.5m	£18.6m	£22.1m
Gross profit	£7.1m	£6.3m	£8.4m	£9.5m
Operating profit	£3.3m	£2m	£3m	£4.8m
Profit before tax	£3.3m	£2m	£3m	£4.9m
Profit after tax	£3.1m	£2m	£2.3m	£3.8m
Profit (best available)	£3.1m	£2m	£2.3m	£3.8m
Staff costs	£3.8m	£3.9m	£4.4m	£4.1m
Employees (average)	94	88	88	87
Ratios
Profit margin	9.8%	7.4%	8.4%	11.9%
Gross margin	22.7%	23.5%	31.2%	30%
Revenue per employee	£332k	£305k	£307k	£363k
Profit per employee	£32.7k	£22.7k	£25.9k	£43.4k
Cash conversion	−105.7%	−196.2%	—	—
Growth (year on year)
Revenue growth	—	▼14%	▲0.7%	▲16.7%
Profit growth	—	▼35%	▲14.4%	▲65.2%
Headcount growth	—	▼6.4%	0%	▼1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£4.4m	£5.1m	£2m
Net assets	£15.1m	£15m	£15.3m	£19.1m
Current assets	£17.1m	£16.5m	£18.5m	£22m
Debtors	£4.1m	£4.9m	£4.6m	£5.4m
Deferred income	£240k	£146k	£455k	£160k
Cash from operations	−£3.5m	−£4m	—	—
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 11.9%; Profit ÷ revenue.
Gross margin: 30%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £363k; Revenue ÷ average employees.
Profit per employee: £43.4k; 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: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.2%; 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: ▲25%; Now £19.1m
Cash at bank: ▼61%; Now £2m
Headcount: ▼1%; Now 87
Deferred income: ▼65%; Now £160k
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

Ownership chain

Euston Resins Topco Limitedultimate parent75–100%
Euston Resins Holdco Limited75–100%
Wigan Industries Limited75–100%
Bitrez Group Limited75–100%
Bitrez Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Bitrez International LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.8m), from the Companies House accounts bulk data published Sep 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.