How much does Professor Puzzle Limited make?

Professor Puzzle Limited reported revenue of £19.1m and £1.3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Professor Puzzle Limited have?

Professor Puzzle Limited reported an average of 73 employees in the year to 31 Dec 2025.

Is Professor Puzzle Limited profitable?

Yes — Professor Puzzle Limited reported a profit of £1.3m in the year to 31 Dec 2025.

Company No. 04398865 · Incorporated 20 Mar 2002

Professor Puzzle Limited

Registered name: PROFESSOR PUZZLE LIMITED

Part of The Puzzle Group Ltd group

Professor Puzzle Limited made £19.1m revenue and £1.3m profit in the year to 31 Dec 2025. read from filing text

Professor Puzzle Limited’s revenue fell 6% to £19.1m in the year to 31 Dec 2025, with £1.3m profit and 73 employees. The company is classified under “non-specialised wholesale trade” and is based in Twickenham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Twickenham, London
Age: 24 yrs · since 2002
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: “During the year, The Puzzle Group Limited, a company incorporated in England and Wales., became the company's immediate and ultimate parent undertaking.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£19.1m

Growth ▼5.7%

Profit

£1.3m

Growth ▼6.2%

Profit margin

Gross 36.5%

Employees

Change ▲1.4%

Profit / employee

£18.4k

Revenue/employee £262k

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	Profit only	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£20.3m	£19.1m
Cost of sales	£16.8m	£14.3m	£15m	£12.1m
Gross profit	—	—	£7.1m	£7m
Operating profit	—	—	£1.9m	£1.7m
Profit before tax	—	—	£1.9m	£1.8m
Profit after tax	£1.4m	£1.5m	£1.4m	£1.3m
Profit (best available)	£1.4m	£1.5m	£1.4m	£1.3m
Staff costs	£3.6m	£3.8m	£3.8m	£3.9m
Employees (average)	77	77	72	73
Ratios
Profit margin	—	—	7.1%	7%
Gross margin	—	—	35.1%	36.5%
Revenue per employee	—	—	£282k	£262k
Profit per employee	£18.4k	£19.6k	£19.9k	£18.4k
Cash conversion	—	—	−133.3%	—
Growth (year on year)
Revenue growth	—	—	—	▼5.7%
Profit growth	—	▲6.7%	▼5.1%	▼6.2%
Headcount growth	—	0%	▼6.5%	▲1.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£909k	£3.5m	£2.9m	£2.2m
Net assets	£5.6m	£6.1m	£6.1m	£5.5m
Fixed assets	£284k	£252k	£233k	£80.8k
Current assets	£8.4m	£8.3m	£8.8m	£7.4m
Debtors	£3.4m	£1.6m	£2m	£2m
Deferred income	£712k	£583k	£979k	£425k
Cash from operations	−£119k	−£4.7m	−£2.5m	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 7%; Profit ÷ revenue.
Gross margin: 36.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £262k; Revenue ÷ average employees.
Profit per employee: £18.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; 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: ▼10%; Now £5.5m
Cash at bank: ▼24%; Now £2.2m
Headcount: ▲1%; Now 73
Deferred income: ▼57%; Now £425k
Fixed assets: ▼65%; Now £80.8k

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

The Puzzle Group Ltdultimate parent75–100%
Professor Puzzle Limitedthis company

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

Sister companies (1)

Ginger Fox Games LtdFigures 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 £1.3m), 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.