How much does Sphere Solutions Limited make?

Sphere Solutions Limited reported revenue of £40m and £516k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Sphere Solutions Limited have?

Sphere Solutions Limited reported an average of 49 employees in the year to 31 Mar 2025.

Is Sphere Solutions Limited profitable?

Yes — Sphere Solutions Limited reported a profit of £516k in the year to 31 Mar 2025.

Company No. 05339792 · Incorporated 24 Jan 2005

Sphere Solutions Limited

Registered name: SPHERE SOLUTIONS LIMITED

Part of Sphere Solutions Limited group

Sphere Solutions Limited made £40m revenue and £516k profit in the year to 31 Mar 2025.

Sphere Solutions Limited’s revenue grew 7% to £40m in the year to 31 Mar 2025, with £516k profit and 49 employees. The company is classified under “other activities of employment placement agencies” and is based in Cardiff; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: Cardiff, Wales
Age: 21 yrs · since 2005
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 Mar 2025

Key figures

Capital-lightOperating leverage

Revenue

£40m

Growth ▲7.4%

Profit

£516k

Growth ▲20.5%

Profit margin

1.3%

Gross 14.1%

Employees

Change ▲6.5%

Profit / employee

£10.5k

Revenue/employee £817k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£28.5m	£31.3m	£37.3m	£40m
Cost of sales	£24.1m	£26.4m	£31.8m	£34.4m
Gross profit	£4.5m	£4.9m	£5.5m	£5.6m
Operating profit	£930k	£1.1m	£757k	£832k
Profit before tax	£919k	£1m	£630k	£661k
Profit after tax	£904k	£798k	£428k	£516k
Profit (best available)	£904k	£798k	£428k	£516k
Staff costs	£2.5m	£2.8m	£3.3m	£3.3m
Employees (average)	41	39	46	49
Ratios
Profit margin	3.2%	2.5%	1.1%	1.3%
Gross margin	15.6%	15.6%	14.8%	14.1%
Revenue per employee	£696k	£803k	£811k	£817k
Profit per employee	£22.1k	£20.5k	£9.3k	£10.5k
Growth (year on year)
Revenue growth	—	▲9.8%	▲19.1%	▲7.4%
Profit growth	—	▼11.8%	▼46.3%	▲20.5%
Headcount growth	—	▼4.9%	▲17.9%	▲6.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£625k	£1.2m	£833k	£817k
Net assets	£1.1m	£1.1m	£989k	£722k
Fixed assets	£521k	£263k	£218k	£181k
Current assets	£5.6m	£7.1m	£8.2m	£7.2m
Debtors	£4.8m	£5.7m	£7m	£5.9m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 14.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £817k; Revenue ÷ average employees.
Profit per employee: £10.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.8%; 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: ▼27%; Now £722k
Cash at bank: ▼2%; Now £817k
Headcount: ▲7%; Now 49
Deferred income: —; Now —
Fixed assets: ▼17%; Now £181k

Corporate ownership

Group structure

Ownership chain

Sphere Solutions Limitedultimate parent75–100%
Sphere Solutions Eot Trustee Limited75–100%
Sphere Projects Ltd75–100%
Sphere Solutions Limitedthis company

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

Subsidiaries (2)

Kenton Black Group LimitedFigures not disclosed
Sphere Solutions Eot Trustee LimitedFigures 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 FullAccounts for the year to 31 Mar 2025 (profit £516k), 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.