42 Technology Limited
Registered name: 42 TECHNOLOGY LIMITED
Part of British Engines Holdings Limited group42 Technology Limited made £6.7m revenue and a £1.6m loss in the year to 31 Dec 2025.
42 Technology Limited’s revenue fell 38% to £6.7m in the year to 31 Dec 2025, with a loss of £1.6m. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in Cambridge; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cambridge, East of England
- Age
- 24 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: “At 31 December 2024 the company is a wholly owed subsidiary of 42 Technology Group Limited, which is the immediate and ultimate parent company. 42 Technology Group Limited is a private company limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £8.7m | £10.9m | £6.7m |
| Cost of sales | — | £3.6m | £3.6m | −£3.2m |
| Gross profit | — | £5.2m | £7.3m | £3.5m |
| Operating profit | — | £687k | £979k | −£1.9m |
| Profit before tax | — | £717k | £1m | −£1.9m |
| Profit after tax | — | £590k | £948k | −£1.6m |
| Profit (best available) | — | £590k | £948k | −£1.6m |
| Staff costs | — | £4.5m | £5.8m | — |
| Employees (average) | 49 | 62 | 76 | — |
| Ratios | ||||
| Profit margin | — | 6.8% | 8.7% | −23.7% |
| Gross margin | — | 59.2% | 67% | 52% |
| Revenue per employee | — | £141k | £143k | — |
| Profit per employee | — | £9.5k | £12.5k | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲24.8% | ▼38.1% |
| Profit growth | — | — | ▲60.8% | ▼268.4% |
| Headcount growth | — | ▲26.5% | ▲22.6% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £2.6m | £2.9m | — |
| Net assets | £2.9m | £3.4m | £4.4m | — |
| Fixed assets | £235k | £261k | £187k | — |
| Current assets | £4.1m | £5m | £6.4m | — |
| Debtors | £1.1m | £764k | £1.9m | — |
| Deferred income | — | £794k | £1m | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −23.7%
- Profit ÷ revenue.
- Gross margin
- 52%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- British Engines Holdings Limitedultimate parent75–100%
- British Engines Limited75–100%
- British Engines (UK) Limited75–100%
- 42 Technology Group Limited75–100%
- 42 Technology Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Fuseohm LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- York Bioanalytical Solutions LimitedUpper Poppleton York · Other research and experimental development on natural sciences and engineering
- Revenue
- £11.1m
- Profit
- £3.6m
- Staff
- 82
- Changan UK R & D Centre LimitedBirmingham · Other research and experimental development on natural sciences and engineering
- Revenue
- £10.2m
- Profit
- £160k
- Staff
- 64
- Seiche LimitedHolsworthy · Other research and experimental development on natural sciences and engineering
- Revenue
- £9.8m
- Profit
- £101k
- Staff
- 79
- Zetica LimitedWitney · Other research and experimental development on natural sciences and engineering
- Revenue
- £8.7m
- Profit
- £238k
- Staff
- 111
- Satra Technology Centre LimitedKettering · Other research and experimental development on natural sciences and engineering
- Revenue
- £13.8m
- Profit
- £498k
- Staff
- 193
- Psi Cro UK LimitedKidlington · Other research and experimental development on natural sciences and engineering
- Revenue
- £17.9m
- Profit
- £1m
- Staff
- 145
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£1.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.