How much does River Software Limited make?

River Software Limited reported revenue of £12.3m and a loss of £425k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does River Software Limited have?

River Software Limited reported an average of 35 employees in the year to 31 Dec 2025.

Is River Software Limited profitable?

No — River Software Limited reported a loss of £425k in the year to 31 Dec 2025.

Company No. 04243900 · Incorporated 29 Jun 2001

River Software Limited

Registered name: RIVER SOFTWARE LIMITED

Part of Stonehage Fleming Direct Investments 5 Ltd group

River Software Limited made £12.3m revenue and a £425k loss in the year to 31 Dec 2025.

River Software Limited’s revenue was £12.3m in the year to 31 Dec 2025, with a loss of £425k and 35 employees. The company is classified under “other business support service activities” and is based in Cheltenham; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Cheltenham, 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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£12.3m

Growth —

Profit

−£425k

Growth —

Profit margin

−3.4%

Gross 12.1%

Employees

Change —

Profit / employee

−£12.1k

Revenue/employee £353k

Profitable streak

0yrs

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	30 Sep 2022	30 Sep 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.4m	£13.9m	£21.6m	£12.3m
Cost of sales	£10.2m	£11.9m	£19.3m	£10.8m
Gross profit	£2.2m	£2m	£2.3m	£1.5m
Operating profit	−£283k	−£680k	−£2.6m	−£497k
Profit before tax	−£289k	−£708k	−£2.6m	−£567k
Profit after tax	£59.6k	−£419k	−£2.3m	−£425k
Profit (best available)	£59.6k	−£419k	−£2.3m	−£425k
Staff costs	£3.2m	£3.6m	£5.3m	£1.8m
Employees (average)	—	56	63	35
Ratios
Profit margin	0.5%	−3%	−10.4%	−3.4%
Gross margin	17.5%	14.3%	10.5%	12.1%
Revenue per employee	—	£248k	£343k	£353k
Profit per employee	—	−£7.5k	−£35.8k	−£12.1k
Growth (year on year)
Revenue growth	—	▲12.2%	—	—
Profit growth	—	▼802.2%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£328k	£184k	£204k	£149k
Net assets	£118k	−£178k	−£583k	−£1m
Fixed assets	£770k	£570k	£397k	£252k
Current assets	£1.8m	£2.3m	£2m	£1.6m
Debtors	£683k	£1.1m	£631k	£658k
Deferred income	£1.4m	£1.5m	£1.5m	£1.4m
Cash from operations	£138k	−£342k	−£2.1m	−£815k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data May 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −3.4%; Profit ÷ revenue.
Gross margin: 12.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £353k; Revenue ÷ average employees.
Profit per employee: −£12.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.3%; 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: —; Now −£1m
Cash at bank: —; Now £149k
Headcount: —; Now 35
Deferred income: —; Now £1.4m
Fixed assets: —; Now £252k

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

Stonehage Fleming Direct Investments 5 Ltd (registered outside the UK register)ultimate parent25–50%
River Software (Holdings) Limited75–100%
River Software Limitedthis company

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

Sister companies (1)

Loop Enterprise Software LimitedFigures not disclosed

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 −£425k), from the Companies House accounts bulk data published Jul 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.