How much does Usystems Limited make?

Usystems Limited reported revenue of £25.9m and £4.9m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Usystems Limited have?

Usystems Limited reported an average of 81 employees in the year to 31 Dec 2024.

Is Usystems Limited profitable?

Yes — Usystems Limited reported a profit of £4.9m in the year to 31 Dec 2024.

Company No. 04616025 · Incorporated 12 Dec 2002

Usystems Limited

Registered name: USYSTEMS LIMITED

Part of Legrand France Sa group

Usystems Limited made £25.9m revenue and £4.9m profit in the year to 31 Dec 2024.

Usystems Limited’s revenue grew 103% to £25.9m in the year to 31 Dec 2024, with £4.9m profit and 81 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Bedford; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Bedford, South East
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 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£25.9m

Growth ▲103.4%

Profit

£4.9m

Growth ▲2907%

Profit margin

19.1%

Gross 44.7%

Employees

Change ▲30.6%

Profit / employee

£60.9k

Revenue/employee £320k

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 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.3m	£9.4m	£12.7m	£25.9m
Cost of sales	£6.2m	£6.1m	£8m	£14.3m
Gross profit	£3.1m	£3.3m	£4.7m	£11.6m
Operating profit	£519k	£1m	£308k	£6.9m
Profit before tax	£456k	£1m	£220k	£6.8m
Profit after tax	£340k	£937k	£164k	£4.9m
Profit (best available)	£340k	£937k	£164k	£4.9m
Staff costs	£2.2m	£2.2m	£3.1m	£4.4m
Employees (average)	74	61	62	81
Ratios
Profit margin	3.7%	10%	1.3%	19.1%
Gross margin	33.1%	35.5%	37.1%	44.7%
Revenue per employee	£125k	£154k	£205k	£320k
Profit per employee	£4.6k	£15.4k	£2.6k	£60.9k
Cash conversion	−266.2%	−15%	—	—
Growth (year on year)
Revenue growth	—	▲1.5%	▲35.5%	▲103.4%
Profit growth	—	▲175.6%	▼82.5%	▲2907%
Headcount growth	—	▼17.6%	▲1.6%	▲30.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£81.3k	£256k	£362k	£4.5m
Net assets	£1.5m	£2.5m	£2.6m	£7.6m
Fixed assets	£253k	£209k	£201k	£1.7m
Current assets	£5m	£6.6m	£7.8m	£23.3m
Debtors	£1.3m	£1.2m	£3.1m	£13.8m
Deferred income	£66.1k	£69.3k	£733k	£1.2m
Cash from operations	−£1.4m	−£155k	—	—
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 19.1%; Profit ÷ revenue.
Gross margin: 44.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £320k; Revenue ÷ average employees.
Profit per employee: £60.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 53.3%; 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: ▲188%; Now £7.6m
Cash at bank: ▲1133%; Now £4.5m
Headcount: ▲31%; Now 81
Deferred income: ▲60%; Now £1.2m
Fixed assets: ▲772%; Now £1.7m

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

Legrand France Sa (registered outside the UK register)ultimate parent75–100%
Legrand UK Limited75–100%
Legrand Electric Limited75–100%
18MC Global Limited75–100%
Usystems Limitedthis company

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

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 2024 (profit £4.9m), from the Companies House accounts bulk data published Apr 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.