How much does Axomic Ltd make?

Axomic Ltd reported revenue of £10m and a loss of £2.2m in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does Axomic Ltd have?

Axomic Ltd reported an average of 36 employees in the year to 31 Jan 2026.

Is Axomic Ltd profitable?

No — Axomic Ltd reported a loss of £2.2m in the year to 31 Jan 2026.

Company No. 04582960 · Incorporated 6 Nov 2002

Axomic Ltd

Registered name: AXOMIC LTD

Part of Openasset Enterprises Ltd group

Axomic Ltd made £10m revenue and a £2.2m loss in the year to 31 Jan 2026.

Axomic Ltd’s revenue grew 8% to £10m in the year to 31 Jan 2026, with a loss of £2.2m and 36 employees. The company is classified under “business and domestic software development” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 23 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.

Latest accounts · year to 31 Jan 2026

Key figures

Capital-light

Revenue

£10m

Growth ▲8.3%

Profit

−£2.2m

Growth —

Profit margin

−22.3%

Gross 91.5%

Employees

Change ▲38.5%

Profit / employee

−£62.2k

Revenue/employee £279k

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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025	31 Jan 2026
Disclosure	No P&L	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£8.1m	£9.3m	£10m
Cost of sales	—	—	£528k	£716k	£854k
Gross profit	—	—	£7.6m	£8.6m	£9.2m
Operating profit	—	—	−£1.5m	−£232k	−£2.4m
Profit before tax	—	—	−£1.5m	−£201k	−£2.4m
Profit after tax	—	—	−£1.5m	−£201k	−£2.2m
Profit (best available)	—	—	−£1.5m	−£201k	−£2.2m
Employees (average)	25	28	25	26	36
Ratios
Profit margin	—	—	−18.9%	−2.2%	−22.3%
Gross margin	—	—	93.5%	92.3%	91.5%
Revenue per employee	—	—	£325k	£357k	£279k
Profit per employee	—	—	−£61.2k	−£7.7k	−£62.2k
Growth (year on year)
Revenue growth	—	—	—	▲14.3%	▲8.3%
Headcount growth	—	▲12%	▼10.7%	▲4%	▲38.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£2.9m	£2.7m	£2.6m	£1.1m
Net assets	£864k	£162k	−£1.6m	−£1.8m	−£4m
Fixed assets	£16.9k	£29.4k	£47.7k	£58.2k	£56k
Current assets	£4.1m	£3.8m	£4.5m	£4.2m	£4.2m
Debtors	£1.1m	£869k	£972k	£757k	£2m
Deferred income	—	—	£5m	£5.3m	£6.2m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −22.3%; Profit ÷ revenue.
Gross margin: 91.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £279k; Revenue ÷ average employees.
Profit per employee: −£62.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 61.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20%; 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 −£4m
Cash at bank: ▼59%; Now £1.1m
Headcount: ▲38%; Now 36
Deferred income: ▲17%; Now £6.2m
Fixed assets: ▼4%; Now £56k

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

Openasset Enterprises Ltdultimate parent75–100%
Axomic Ltdthis company

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

Sister companies (1)

Openasset International LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2026 (profit −£2.2m), 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.