Opus 2 Lex Limited
Registered name: OPUS 2 LEX LIMITED
Part of Midcap Invest UK 1 Topco Limited groupOpus 2 Lex Limited made £5.3m revenue and £2.5m profit in the year to 31 Mar 2025.
Opus 2 Lex Limited’s revenue grew 12% to £5.3m in the year to 31 Mar 2025, with £2.5m profit and 27 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 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £4m | £4.3m | £4.7m | £5.3m |
| Cost of sales | £324k | £331k | £371k | £454k |
| Gross profit | £3.7m | £4m | £4.4m | £4.9m |
| Operating profit | £1.5m | £1.7m | £2m | £2.3m |
| Profit before tax | £1.5m | £1.7m | £2m | £2.3m |
| Profit after tax | £1.5m | £1.8m | £1.9m | £2.5m |
| Profit (best available) | £1.5m | £1.8m | £1.9m | £2.5m |
| Employees (average) | 28 | 25 | 24 | 27 |
| Ratios | ||||
| Profit margin | 38% | 41.9% | 39.8% | 47.1% |
| Gross margin | 92% | 92.3% | 92.2% | 91.5% |
| Revenue per employee | £145k | £173k | £198k | £197k |
| Profit per employee | £55k | £72.5k | £78.7k | £93k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.8% | ▲9.7% | ▲12.3% |
| Profit growth | — | ▲17.6% | ▲4.2% | ▲32.9% |
| Headcount growth | — | ▼10.7% | ▼4% | ▲12.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.1m | £2.3m | £960k | £1.6m |
| Net assets | £1.6m | £3.4m | £5.3m | £8.3m |
| Fixed assets | £20.1k | £16.3k | £281k | £726k |
| Current assets | £4.1m | £4.9m | £6.4m | £8.9m |
| Debtors | £604k | £558k | £804k | £594k |
| Deferred income | £894k | £966k | £1m | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 47.1%
- Profit ÷ revenue.
- Gross margin
- 91.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £197k
- Revenue ÷ average employees.
- Profit per employee
- £93k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.1%
- 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
- ▲58%
- Now £8.3m
- Cash at bank
- ▲62%
- Now £1.6m
- Headcount
- ▲13%
- Now 27
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▲158%
- Now £726k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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 Lex Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Opus 2 Magnum Holdings LimitedRev. — · Profit −£1.6m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Rxweb Healthcare Technology LimitedLondon · Business and domestic software development
- Revenue
- £5.4m
- Profit
- £1.1m
- Staff
- 13
- Waa Chosen LimitedWest Midlands · Business and domestic software development
- Revenue
- £5.4m
- Profit
- £213k
- Staff
- 52
- Cegedim E-Business LtdBuckshaw Village · Business and domestic software development
- Revenue
- £5.2m
- Profit
- £827k
- Staff
- —
- Avco Systems LimitedSlough · Business and domestic software development
- Revenue
- £5.2m
- Profit
- £932k
- Staff
- 52
- Gateway Nintec UK LtdLondon · Business and domestic software development
- Revenue
- £5.6m
- Profit
- £147k
- Staff
- 3
- Onedome Group LtdLondon · Business and domestic software development
- Revenue
- £5.7m
- Profit
- £213k
- Staff
- 65
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.5m), 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.