How much does Spirepath Limited make?

Spirepath Limited reported revenue of £175k and £60.4k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Spirepath Limited have?

Spirepath Limited reported an average of 2 employees in the year to 31 Mar 2025.

Is Spirepath Limited profitable?

Yes — Spirepath Limited reported a profit of £60.4k in the year to 31 Mar 2025.

Company No. 05406799 · Incorporated 29 Mar 2005

Spirepath Limited

Registered name: SPIREPATH LIMITED

Spirepath Limited made £175k revenue and £60.4k profit in the year to 31 Mar 2025.

Spirepath Limited’s revenue grew 1% to £175k in the year to 31 Mar 2025, with £60.4k profit and 2 employees. The company is classified under “business and domestic software development” and is based in Basingstoke; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Basingstoke, South East
Age: 21 yrs · since 2005
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCapital-lightOperating leverage

Revenue

£175k

Growth ▲1.3%

Profit

£60.4k

Growth ▲2.9%

Profit margin

34.5%

Employees

Change 0%

Profit / employee

£30.2k

Revenue/employee £87.5k

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)	£176k	£213k	£173k	£175k
Profit after tax	£72.8k	£97k	£58.7k	£60.4k
Profit (best available)	£72.8k	£97k	£58.7k	£60.4k
Staff costs	£64.6k	£65.5k	£66.3k	£67.4k
Employees (average)	—	2	2	2
Ratios
Profit margin	41.5%	45.6%	34%	34.5%
Revenue per employee	—	£106k	£86.4k	£87.5k
Profit per employee	—	£48.5k	£29.3k	£30.2k
Growth (year on year)
Revenue growth	—	▲21.3%	▼18.9%	▲1.3%
Profit growth	—	▲33.3%	▼39.5%	▲2.9%
Headcount growth	—	—	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	£339	£14.4k	£1.1k	£459
Fixed assets	£3.4k	£10k	£7.3k	£2.1k
Current assets	£80.8k	£27.6k	£30.6k	£63.1k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 34.5%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £87.5k; Revenue ÷ average employees.
Profit per employee: £30.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.2%; 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: ▼60%; Now £459
Cash at bank: —; Now —
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼71%; Now £2.1k

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 Mar 2025 (profit £60.4k), from the Companies House accounts bulk data published Nov 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.