Audiocodes Europe Ltd
Registered name: AUDIOCODES EUROPE LTD
Part of Audiocodes Ltd groupAudiocodes Europe Ltd made £3.2m revenue and £193k profit in the year to 31 Dec 2024. read from filing text
Audiocodes Europe Ltd’s revenue fell 6% to £3.2m in the year to 31 Dec 2024, with £193k profit and 24 employees. The company is classified under “wired telecommunications activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 23 yrs · since 2003
- 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: “The company is a wholly owned subsidiary of Audiocodes Limited, a foreign company incorporated in Israel and listed on the NASDAQ whose address is 1 Hayarden Street, Airport City Lod, Tel Aviv, 701990”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £3.5m | £3.2m |
| Operating profit | £374k | £266k |
| Profit before tax | £374k | £266k |
| Profit after tax | £252k | £193k |
| Profit (best available) | £252k | £193k |
| Staff costs | £2.9m | £2.8m |
| Employees (average) | 24 | 24 |
| Ratios | ||
| Profit margin | 7.3% | 5.9% |
| Revenue per employee | £145k | £135k |
| Profit per employee | £10.5k | £8k |
| Growth (year on year) | ||
| Revenue growth | — | ▼6.5% |
| Profit growth | — | ▼23.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £689k | £315k |
| Net assets | £740k | £798k |
| Fixed assets | £224k | £217k |
| Current assets | £1m | £984k |
| Debtors | £326 | £0 |
| Deferred income | £321k | £249k |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £135k
- Revenue ÷ average employees.
- Profit per employee
- £8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
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
- ▲8%
- Now £798k
- Cash at bank
- ▼54%
- Now £315k
- Headcount
- 0%
- Now 24
- Deferred income
- ▼22%
- Now £249k
- Fixed assets
- ▼3%
- Now £217k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Audiocodes Ltd (registered outside the UK register)ultimate parent75–100%
- Audiocodes Europe Ltdthis 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
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £193k), from the Companies House accounts bulk data published Dec 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.