Workwave UK Limited
Registered name: WORKWAVE UK LIMITED
Part of Workwave UK Holdco Limited groupWorkwave UK Limited made £11.3m revenue and £1.7m profit in the year to 31 Dec 2025.
Workwave UK Limited’s revenue grew 6% to £11.3m in the year to 31 Dec 2025, with £1.7m profit and 81 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 20 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9.9m | £10.2m | £10.6m | £11.3m |
| Cost of sales | £2.6m | £2.3m | £2.9m | £3.4m |
| Gross profit | £7.3m | £7.9m | £7.7m | £7.8m |
| Profit before tax | — | £987k | £2m | £1.9m |
| Profit after tax | −£685k | £567k | £2.6m | £1.7m |
| Profit (best available) | −£685k | £567k | £2.6m | £1.7m |
| Staff costs | £5.5m | £5.1m | £5.5m | £5.9m |
| Employees (average) | 86 | 77 | 80 | 81 |
| Ratios | ||||
| Profit margin | −6.9% | 5.6% | 24.1% | 14.8% |
| Gross margin | 73.4% | 77.5% | 72.3% | 69.5% |
| Revenue per employee | £115k | £132k | £133k | £139k |
| Profit per employee | −£8k | £7.4k | £31.9k | £20.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.8% | ▲4.5% | ▲6.3% |
| Profit growth | — | — | ▲350.4% | ▼34.5% |
| Headcount growth | — | ▼10.5% | ▲3.9% | ▲1.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £14.7k | £100 | £92 | £59.7k |
| Net assets | −£123k | £444k | £3m | £4.7m |
| Fixed assets | £2.8m | £2.4m | £2.1m | £1.5m |
| Current assets | £8.3m | £9.2m | £9.8m | £8.7m |
| Debtors | £1.8m | £2.4m | £1.6m | £471k |
| Deferred income | £3.3m | £3.7m | £3.5m | £1.8m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 14.8%
- Profit ÷ revenue.
- Gross margin
- 69.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £139k
- Revenue ÷ average employees.
- Profit per employee
- £20.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 16.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▲56%
- Now £4.7m
- Cash at bank
- ▲64821%
- Now £59.7k
- Headcount
- ▲1%
- Now 81
- Deferred income
- ▼48%
- Now £1.8m
- Fixed assets
- ▼27%
- Now £1.5m
Group structure
Ownership chain
- Workwave UK Holdco Limitedultimate parent75–100%
- Workwave UK Intermediate Limited75–100%
- Workwave UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ministry of Ideas Registered LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.7m), from the Companies House accounts bulk data published Sep 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.