How many employees does Godel Technologies Limited have?

Godel Technologies Limited reported an average of 2 employees in the year to 31 Dec 2023.

Is Godel Technologies Limited profitable?

Yes — Godel Technologies Limited reported a profit of £15.1m in the year to 31 Dec 2023.

Company No. 05269140 · Incorporated 25 Oct 2004

Godel Technologies Limited

Registered name: GODEL TECHNOLOGIES LIMITED

Godel Technologies Limited made £15.1m profit in the year to 31 Dec 2023 (revenue not disclosed).

Godel Technologies Limited reported £15.1m profit in the year to 31 Dec 2023, up 41% on the year before; its revenue was not disclosed. It had 2 employees. The company is classified under “business and domestic software development” and is based in Manchester; we hold 2 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Manchester, North West
Age: 21 yrs · since 2004
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 immediate parent undertaking is Project Nearshore Midco Limited, a Company registered in England and Wales, registered address 9th Floor, Neo Building, Charlotte Street, Manchester, M1 4ET. The ul”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

£15.1m

Growth ▲40.8%

Profit margin

—

Employees

Change 0%

Profit / employee

£7.5m

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Operating profit	£458	−£914
Profit before tax	£10.7m	£15.1m
Profit after tax	£10.7m	£15.1m
Profit (best available)	£10.7m	£15.1m
Employees (average)	2	2
Ratios
Profit margin	—	—
Profit per employee	£5.4m	£7.5m
Growth (year on year)
Profit growth	—	▲40.8%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4k	£2.2k
Net assets	£6.9k	£6.9k
Fixed assets	£1k	£1k
Current assets	£5.9k	£1.9m
Debtors	£3.5k	£1.9m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £7.5m; 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: 0%; Now £6.9k
Cash at bank: ▼9%; Now £2.2k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: 0%; Now £1k

Corporate ownership

Group structure

Ownership chain

Lowry Trading Ltdultimate parent75–100%
Project Nearshore Limited75–100%
Project Nearshore Midco Limited75–100%
Godel Technologies Limitedthis company

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

Subsidiaries (1)

Godel Technologies Europe LimitedRev. £81.5m · Profit £16.5m

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 accounts for the year to 31 Dec 2023 (profit £15.1m), 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.