How much does Modaxo Group UK Limited make?

Modaxo Group UK Limited reported revenue of £11.1m and £608k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Modaxo Group UK Limited have?

Modaxo Group UK Limited reported an average of 98 employees in the year to 31 Dec 2024.

Is Modaxo Group UK Limited profitable?

Yes — Modaxo Group UK Limited reported a profit of £608k in the year to 31 Dec 2024.

Company No. 04160790 · Incorporated 15 Feb 2001

Modaxo Group UK Limited

Registered name: MODAXO GROUP UK LIMITED

Part of Modaxo Europe A/S group

Modaxo Group UK Limited made £11.1m revenue and £608k profit in the year to 31 Dec 2024.

Modaxo Group UK Limited’s revenue grew 1% to £11.1m in the year to 31 Dec 2024, with £608k profit and 98 employees. The company is classified under “business and domestic software development” and is based in Chippenham; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Chippenham, South 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. From the filing: “Modaxo Europe A/S”

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with less

Revenue

£11.1m

Growth ▲1.5%

Profit

£608k

Growth ▼82.2%

Profit margin

5.5%

Gross 87.6%

Employees

Change ▼18.3%

Profit / employee

£6.2k

Revenue/employee £113k

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)	£9.2m	£10.9m	£11.1m
Cost of sales	£2m	£1m	£1.4m
Gross profit	£7.2m	£9.8m	£9.7m
Operating profit	£1.3m	£1.6m	£525k
Profit before tax	£2.2m	£3.9m	£742k
Profit after tax	£2m	£3.4m	£608k
Profit (best available)	£2m	£3.4m	£608k
Staff costs	£6.3m	£8.2m	£11m
Employees (average)	109	120	98
Ratios
Profit margin	21.8%	31.3%	5.5%
Gross margin	78%	90.4%	87.6%
Revenue per employee	£84.1k	£90.8k	£113k
Profit per employee	£18.3k	£28.4k	£6.2k
Growth (year on year)
Revenue growth	—	▲18.8%	▲1.5%
Profit growth	—	▲71%	▼82.2%
Headcount growth	—	▲10.1%	▼18.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£320k	£217k	£206k
Net assets	£5.6m	£2.6m	£12.2m
Fixed assets	£27.9m	£27.2m	£34.4m
Current assets	£8.2m	£7.7m	£11.7m
Debtors	£1.9m	£2.3m	£2m
Deferred income	£3.5m	£4.5m	£7.3m
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: 5.5%; Profit ÷ revenue.
Gross margin: 87.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £113k; Revenue ÷ average employees.
Profit per employee: £6.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 311.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 65.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.7%; 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: ▲376%; Now £12.2m
Cash at bank: ▼5%; Now £206k
Headcount: ▼18%; Now 98
Deferred income: ▲60%; Now £7.3m
Fixed assets: ▲27%; Now £34.4m

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

Modaxo Europe A/S (registered outside the UK register)ultimate parent75–100%
Modaxo Group UK Limitedthis company

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

Subsidiaries (6)

Imperial Civil Enforcement Solutions LimitedRev. £15.5m · Profit £3.4m
Aerivo Group UK LimitedFigures not disclosed
Cammax LimitedRev. — · Profit £576k
Corethree LtdRev. — · Profit £311k
Intelliscape LimitedRev. — · Profit −£536k
Taranto Systems LimitedRev. — · Profit £1.3m

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 £608k), 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.