How much does Pure IP Limited make?

Pure IP Limited reported revenue of £14.2m and £529k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Pure IP Limited have?

Pure IP Limited reported an average of 49 employees in the year to 31 Dec 2024.

Is Pure IP Limited profitable?

Yes — Pure IP Limited reported a profit of £529k in the year to 31 Dec 2024.

Company No. 05024088 · Incorporated 23 Jan 2004

Pure IP Limited

Registered name: PURE IP LIMITED

Part of BCM One UK International Limited group

Pure IP Limited made £14.2m revenue and £529k profit in the year to 31 Dec 2024.

Pure IP Limited’s revenue grew 4% to £14.2m in the year to 31 Dec 2024, with £529k profit and 49 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active
Location: London, London
Age: 22 yrs · since 2004
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 leverageDoing more with lessCash flow filed

Revenue

£14.2m

Growth ▲3.5%

Profit

£529k

Growth ▲604.4%

Profit margin

3.7%

Gross 79.5%

Employees

Change ▼2%

Profit / employee

£10.8k

Revenue/employee £290k

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£13.7m	£14.2m
Cost of sales	—	£3.5m	£2.9m
Gross profit	—	£10.2m	£11.3m
Operating profit	—	£104k	£586k
Profit before tax	—	£104k	£585k
Profit after tax	£1.7m	£75.2k	£529k
Profit (best available)	£1.7m	£75.2k	£529k
Staff costs	—	£6.1m	£3.9m
Employees (average)	45	50	49
Ratios
Profit margin	—	0.5%	3.7%
Gross margin	—	74.5%	79.5%
Revenue per employee	—	£274k	£290k
Profit per employee	£37.7k	£1.5k	£10.8k
Cash conversion	—	1501%	637.8%
Growth (year on year)
Revenue growth	—	—	▲3.5%
Profit growth	—	▼95.6%	▲604.4%
Headcount growth	—	▲11.1%	▼2%
Balance sheet — indirect signals, not revenue
Cash at bank	£796k	£1.7m	£5m
Net assets	£891k	£482k	£1m
Fixed assets	£278k	£238k	£621k
Current assets	£4.4m	£7.4m	£14.5m
Debtors	£3.4m	£4.1m	£4m
Deferred income	£473k	£604k	£1.3m
Cash from operations	£2.6m	£1.6m	£3.7m
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: 79.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £290k; Revenue ÷ average employees.
Profit per employee: £10.8k; Profit ÷ average employees.
Cash conversion: 637.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 28.4%; 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: ▲110%; Now £1m
Cash at bank: ▲187%; Now £5m
Headcount: ▼2%; Now 49
Deferred income: ▲116%; Now £1.3m
Fixed assets: ▲161%; Now £621k

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

BCM One UK International Limitedultimate parent75–100%
Pure IP 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £529k), from the Companies House accounts bulk data published Mar 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.