How much does Index Venture Services Limited make?

Index Venture Services Limited reported revenue of £42.5m and £19.6m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Index Venture Services Limited have?

Index Venture Services Limited reported an average of 38 employees in the year to 31 Dec 2025.

Is Index Venture Services Limited profitable?

Yes — Index Venture Services Limited reported a profit of £19.6m in the year to 31 Dec 2025.

Company No. 04672531 · Incorporated 20 Feb 2003

Index Venture Services Limited

Registered name: INDEX VENTURE SERVICES LIMITED

Index Venture Services Limited made £42.5m revenue and £19.6m profit in the year to 31 Dec 2025.

Index Venture Services Limited’s revenue fell 16% to £42.5m in the year to 31 Dec 2025, with £19.6m profit and 38 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£42.5m

Growth ▼15.8%

Profit

£19.6m

Growth ▲3.6%

Profit margin

46.1%

Gross 98.7%

Employees

Change ▼7.3%

Profit / employee

£515k

Revenue/employee £1.1m

Profitable streak

3yrs

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 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£40.5m	£50.4m	£42.5m
Cost of sales	−£274k	−£422k	−£538k
Gross profit	£40.2m	£50m	£41.9m
Operating profit	£18.1m	£20.1m	£19m
Profit before tax	£18.1m	£20.1m	£19.3m
Profit after tax	£17.5m	£18.9m	£19.6m
Profit (best available)	£17.5m	£18.9m	£19.6m
Employees (average)	42	41	38
Ratios
Profit margin	43.3%	37.4%	46.1%
Gross margin	99.3%	99.2%	98.7%
Revenue per employee	£964k	£1.2m	£1.1m
Profit per employee	£417k	£460k	£515k
Growth (year on year)
Revenue growth	—	▲24.6%	▼15.8%
Profit growth	—	▲7.8%	▲3.6%
Headcount growth	—	▼2.4%	▼7.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jun 2025	Accounts · bulk data Jun 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 46.1%; Profit ÷ revenue.
Gross margin: 98.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.1m; Revenue ÷ average employees.
Profit per employee: £515k; 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.

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 —
Cash at bank: —; Now —
Headcount: ▼7%; Now 38
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Index Ventures (UK) LLPFigures 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 accounts for the year to 31 Dec 2025 (profit £19.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 22 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.