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Company No. 05726453 · Incorporated 1 Mar 2006

Amelco UK Limited

Registered name: AMELCO UK LIMITED

Part of Finsbury Group Ltd group

Amelco UK Limited made £44.2m revenue and £10.6m profit in the year to 30 Sep 2024.

Amelco UK Limited’s revenue grew 47% to £44.2m in the year to 30 Sep 2024, with £10.6m profit and 94 employees. The company is classified under “business and domestic software development” and is based in Rayleigh; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
Rayleigh, East of England
Age
20 yrs · since 2006
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 30 Sep 2024

Key figures

Capital-light
Revenue
£44.2m
Growth ▲47.2%
Profit
£10.6m
Growth ▲306.4%
Profit margin
24.1%
Gross 67.3%
Employees
94
Change ▼6%
Profit / employee
£113k
Revenue/employee £470k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202230 Sep 202330 Sep 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&L
Profit & loss
Revenue (turnover)£23.9m£30m£44.2m
Cost of sales£9.2m£11.8m−£14.5m
Gross profit£14.7m£18.2m£29.7m
Operating profit£6.6m£3.3m£10.9m
Profit before tax£6.6m£3.5m£11.6m
Profit after tax£8.3m£2.6m£10.6m
Profit (best available)£8.3m£2.6m£10.6m
Employees (average)9510094
Ratios
Profit margin35%8.7%24.1%
Gross margin61.5%60.6%67.3%
Revenue per employee£251k£300k£470k
Profit per employee£87.9k£26.2k£113k
Growth (year on year)
Revenue growth—▲25.8%▲47.2%
Profit growth—▼68.6%▲306.4%
Headcount growth—▲5.3%▼6%
Balance sheet — indirect signals, not revenue
Cash at bank£32m£36.1m—
Net assets£16.3m£16.3m—
Fixed assets£480k£211k—
Current assets£46.1m£51.9m—
Debtors£3.2m£5.5m—
Deferred income£14.1m£13.6m—
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024Accounts · bulk data Mar 2025
Derived from the latest filing

How the business works

Profit margin
24.1%
Profit ÷ revenue.
Gross margin
67.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£470k
Revenue ÷ average employees.
Profit per employee
£113k
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
—
Now —
Cash at bank
—
Now —
Headcount
▼6%
Now 94
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Finsbury Group Ltdultimate parent75–100%
  2. Amelco UK Limitedthis company

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

Sister companies (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 30 Sep 2024 (profit £10.6m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.

Updated from Companies House on 25 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.