How much does 42 Technology Limited make?

42 Technology Limited reported revenue of £10.9m and £948k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does 42 Technology Limited have?

42 Technology Limited reported an average of 76 employees in the year to 31 Dec 2024.

Is 42 Technology Limited profitable?

Yes — 42 Technology Limited reported a profit of £948k in the year to 31 Dec 2024.

Company No. 04341237 · Incorporated 17 Dec 2001

42 Technology Limited

Registered name: 42 TECHNOLOGY LIMITED

Part of British Engines Holdings Limited group

42 Technology Limited made £10.9m revenue and £948k profit in the year to 31 Dec 2024. read from filing text

42 Technology Limited’s revenue grew 25% to £10.9m in the year to 31 Dec 2024, with £948k profit and 76 employees. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in Cambridge; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 72190Other research and experimental development on natural sciences and engineering SIC 74100specialised design activities SIC 74901Environmental consulting activities SIC 74909Other professional, scientific and technical activities n.e.c.

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”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£10.9m

Growth ▲24.8%

Profit

£948k

Growth ▲60.8%

Profit margin

8.7%

Gross 67%

Employees

Change ▲22.6%

Profit / employee

£12.5k

Revenue/employee £143k

Profitable streak

2yrs

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	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£8.7m	£10.9m
Cost of sales	—	£3.6m	£3.6m
Gross profit	—	£5.2m	£7.3m
Operating profit	—	£687k	£979k
Profit before tax	—	£717k	£1m
Profit after tax	—	£590k	£948k
Profit (best available)	—	£590k	£948k
Staff costs	—	£4.5m	£5.8m
Employees (average)	49	62	76
Ratios
Profit margin	—	6.8%	8.7%
Gross margin	—	59.2%	67%
Revenue per employee	—	£141k	£143k
Profit per employee	—	£9.5k	£12.5k
Growth (year on year)
Revenue growth	—	—	▲24.8%
Profit growth	—	—	▲60.8%
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

Derived from the latest filing

How the business works

Profit margin: 8.7%; Profit ÷ revenue.
Gross margin: 67%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £143k; Revenue ÷ average employees.
Profit per employee: £12.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17%; 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: ▲28%; Now £4.4m
Cash at bank: ▲12%; Now £2.9m
Headcount: ▲23%; Now 76
Deferred income: ▲30%; Now £1m
Fixed assets: ▼29%; Now £187k

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

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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £948k), 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.