How much does Apadmi Limited make?

Apadmi Limited reported revenue of £26.4m and £4.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Apadmi Limited have?

Apadmi Limited reported an average of 275 employees in the year to 31 Mar 2025.

Is Apadmi Limited profitable?

Yes — Apadmi Limited reported a profit of £4.2m in the year to 31 Mar 2025.

Company No. 06213531 · Incorporated 16 Apr 2007

Apadmi Limited

Registered name: APADMI LIMITED

Part of Cbpe Capital LLP group

Apadmi Limited made £26.4m revenue and £4.2m profit in the year to 31 Mar 2025.

Apadmi Limited’s revenue grew 31% to £26.4m in the year to 31 Mar 2025, with £4.2m profit and 275 employees. The company is classified under “business and domestic software development” and is based in Salford; we hold 4 years of its filed accounts.

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

Status: Active
Location: Salford, North West
Age: 19 yrs · since 2007
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 31 Mar 2025

Key figures

Capital-light

Revenue

£26.4m

Growth ▲30.7%

Profit

£4.2m

Growth ▲4.6%

Profit margin

15.9%

Gross 48.2%

Employees

275

Change ▲20.6%

Profit / employee

£15.3k

Revenue/employee £96.2k

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)	£11.8m	£16m	£20.2m	£26.4m
Cost of sales	£6.8m	£10m	£11m	£13.7m
Gross profit	£5m	£6m	£9.2m	£12.8m
Operating profit	£876k	£1.1m	£2.6m	£5m
Profit before tax	£851k	£1m	£2.6m	£5m
Profit after tax	£1.1m	£1.2m	£4m	£4.2m
Profit (best available)	£1.1m	£1.2m	£4m	£4.2m
Staff costs	£8.5m	£11.2m	£13m	£16.1m
Employees (average)	172	203	228	275
Ratios
Profit margin	8.9%	7.6%	19.9%	15.9%
Gross margin	42.6%	37.3%	45.7%	48.2%
Revenue per employee	£68.7k	£78.6k	£88.8k	£96.2k
Profit per employee	£6.1k	£6k	£17.7k	£15.3k
Growth (year on year)
Revenue growth	—	▲35%	▲26.9%	▲30.7%
Profit growth	—	▲15.3%	▲230.8%	▲4.6%
Headcount growth	—	▲18%	▲12.3%	▲20.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£109k	£1.5m	£2m
Net assets	£2m	£2.4m	£5.1m	£8m
Fixed assets	£676k	£947k	£706k	£1.1m
Current assets	£4m	£4.5m	£8.1m	£10.9m
Debtors	£1.8m	£2.9m	£4.5m	£5.4m
Deferred income	£1m	£1.5m	£1.4m	£2m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 15.9%; Profit ÷ revenue.
Gross margin: 48.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £96.2k; Revenue ÷ average employees.
Profit per employee: £15.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.5%; 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: ▲57%; Now £8m
Cash at bank: ▲30%; Now £2m
Headcount: ▲21%; Now 275
Deferred income: ▲39%; Now £2m
Fixed assets: ▲59%; Now £1.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Cbpe Capital LLPultimate parent50–75%
Project Thor Topco Limited75–100%
Project Thor Noteco Limited75–100%
Project Thor Midco Limited75–100%
Project Thor Bidco Limited75–100%
Apadmi Group Limited75–100%
Apadmi Limitedthis company

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

Sister companies (1)

Apordo LtdFigures not disclosed

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 FullAccounts for the year to 31 Mar 2025 (profit £4.2m), 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.