How much does Genetiq Software (UK) Limited make?

Genetiq Software (UK) Limited reported revenue of £14.9m and a loss of £112k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Genetiq Software (UK) Limited have?

Genetiq Software (UK) Limited reported an average of 154 employees in the year to 31 Dec 2023.

Is Genetiq Software (UK) Limited profitable?

No — Genetiq Software (UK) Limited reported a loss of £112k in the year to 31 Dec 2023.

Company No. 05235518 · Incorporated 20 Sep 2004

Genetiq Software (UK) Limited

Registered name: GENETIQ SOFTWARE (UK) LIMITED

Genetiq Software (UK) Limited made £14.9m revenue and a £112k loss in the year to 31 Dec 2023.

Genetiq Software (UK) Limited’s revenue grew 70% to £14.9m in the year to 31 Dec 2023, with a loss of £112k and 154 employees. The company is classified under “other information technology service activities” and is based in Hemel Hempstead; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Hemel Hempstead, South East
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. From the filing: “Aptech Business Systems Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£14.9m

Growth ▲69.6%

Profit

−£112k

Growth ▼346.6%

Profit margin

−0.8%

Gross 47.8%

Employees

154

Change ▲36.3%

Profit / employee

−£727

Revenue/employee £96.9k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.8m	£14.9m
Cost of sales	£4.1m	£7.8m
Gross profit	£4.7m	£7.1m
Operating profit	£66.1k	−£92.5k
Profit before tax	£59.8k	−£112k
Profit after tax	£45.4k	−£112k
Profit (best available)	£45.4k	−£112k
Staff costs	£5.5m	£9.2m
Employees (average)	113	154
Ratios
Profit margin	0.5%	−0.8%
Gross margin	53.8%	47.8%
Revenue per employee	£77.9k	£96.9k
Profit per employee	£402	−£727
Growth (year on year)
Revenue growth	—	▲69.6%
Profit growth	—	▼346.6%
Headcount growth	—	▲36.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£93.4k	£959k
Net assets	£597k	£485k
Fixed assets	£543k	£867k
Current assets	£2.3m	£6.2m
Debtors	£1.4m	£1.9m
Deferred income	£942k	£2.2m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −0.8%; Profit ÷ revenue.
Gross margin: 47.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £96.9k; Revenue ÷ average employees.
Profit per employee: −£727; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 15%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.6%; 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: ▼19%; Now £485k
Cash at bank: ▲927%; Now £959k
Headcount: ▲36%; Now 154
Deferred income: ▲138%; Now £2.2m
Fixed assets: ▲60%; Now £867k

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£112k), from the Companies House accounts bulk data published Sep 2024. 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.