How much does Opus 2 International Limited make?

Opus 2 International Limited reported revenue of £31.6m and £9.5m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Opus 2 International Limited have?

Opus 2 International Limited reported an average of 134 employees in the year to 31 Mar 2023.

Is Opus 2 International Limited profitable?

Yes — Opus 2 International Limited reported a profit of £9.5m in the year to 31 Mar 2023.

Company No. 05907841 · Incorporated 16 Aug 2006

Opus 2 International Limited

Registered name: OPUS 2 INTERNATIONAL LIMITED

Part of Midcap Invest UK 1 Topco Limited group

Opus 2 International Limited made £31.6m revenue and £9.5m profit in the year to 31 Mar 2023.

Opus 2 International Limited’s revenue fell 8% to £31.6m in the year to 31 Mar 2023, with £9.5m profit and 134 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
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. From the filing: “Opus 2 Magnum Holdings Limited”

Latest accounts · year to 31 Mar 2023

Key figures

Capital-light

Revenue

£31.6m

Growth ▼7.5%

Profit

£9.5m

Growth ▼21.9%

Profit margin

30.1%

Gross 78%

Employees

134

Change ▲18.6%

Profit / employee

£71.1k

Revenue/employee £236k

Profitable streak

2yrs

Consecutive profitable years in our data

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£34.2m	£31.6m
Cost of sales	£6.9m	£7m
Gross profit	£27.3m	£24.7m
Profit before tax	£14.9m	£11.6m
Profit after tax	£12.2m	£9.5m
Profit (best available)	£12.2m	£9.5m
Staff costs	£6.3m	£6.9m
Employees (average)	113	134
Ratios
Profit margin	35.7%	30.1%
Gross margin	79.9%	78%
Revenue per employee	£303k	£236k
Profit per employee	£108k	£71.1k
Growth (year on year)
Revenue growth	—	▼7.5%
Profit growth	—	▼21.9%
Headcount growth	—	▲18.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.2m	£3.9m
Net assets	£40.8m	£50.4m
Fixed assets	£654k	£838k
Current assets	£55.8m	£66.4m
Debtors	£7.3m	£9.2m
Deferred income	£1.2m	£1.5m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 30.1%; Profit ÷ revenue.
Gross margin: 78%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £236k; Revenue ÷ average employees.
Profit per employee: £71.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 29%; 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: ▲23%; Now £50.4m
Cash at bank: ▼45%; Now £3.9m
Headcount: ▲19%; Now 134
Deferred income: ▲30%; Now £1.5m
Fixed assets: ▲28%; Now £838k

Corporate ownership

Group structure

Ownership chain

Midcap Invest UK 1 Topco Limitedultimate parent75–100%
Midcap Invest UK 1 Midco Limited75–100%
Midcap Invest UK 1 Bidco Limited75–100%
Umbria Topco Limited75–100%
Umbria Midco Limited75–100%
Umbria Bidco Limited75–100%
Opus 2 Magnum Holdings Limited75–100%
Opus 2 International Limitedthis company

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

Sister companies (2)

Annotate Software LimitedRev. £0 · Profit £1.5k
Magnum Software Development LimitedRev. £0 · Profit £0

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 accounts for the year to 31 Mar 2023 (profit £9.5m), from the Companies House accounts bulk data published Dec 2023. 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.