Workfront, Ltd.
Registered name: WORKFRONT, LTD.
Part of Adobe Inc. groupWorkfront, Ltd. made £5m revenue and a £60.1k loss in the year to 30 Nov 2025.
Workfront, Ltd.’s revenue fell 70% to £5m in the year to 30 Nov 2025, with a loss of £60.1k and 25 employees. The company is classified under “business and domestic software development” and is based in Reading; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 18 yrs · since 2008
- 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.8m | £19.2m | £16.7m | £5m |
| Cost of sales | £8.3m | £7.7m | £7.8m | £1.2m |
| Gross profit | £11.5m | £11.5m | £8.9m | £3.8m |
| Operating profit | £1.7m | £5.9m | £10.2m | −£69.9k |
| Profit before tax | £1.7m | £5.9m | £10.2m | −£59.7k |
| Profit after tax | £1.5m | £4.2m | £7.8m | −£60.1k |
| Profit (best available) | £1.5m | £4.2m | £7.8m | −£60.1k |
| Staff costs | £7.9m | £4.9m | £4.4m | £3.7m |
| Employees (average) | 59 | 38 | 29 | 25 |
| Ratios | ||||
| Profit margin | 7.4% | 22% | 46.9% | −1.2% |
| Gross margin | 58.1% | 60% | 53.5% | 75.6% |
| Revenue per employee | £335k | £504k | £577k | £200k |
| Profit per employee | £25k | £111k | £270k | −£2.4k |
| Cash conversion | −81.1% | 3.7% | 40.8% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼3.1% | ▼12.6% | ▼70.1% |
| Profit growth | — | ▲185.8% | ▲86.4% | ▼100.8% |
| Headcount growth | — | ▼35.6% | ▼23.7% | ▼13.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.1m | £2.3m | £6.4m | £1.5m |
| Net assets | £2m | £6.6m | £14.7m | £14.9m |
| Fixed assets | £18.6k | £13.4k | £6.8k | £1.5k |
| Current assets | £16.4m | £22.8m | £26.2m | £21.6m |
| Debtors | £3m | £3m | £6k | £0 |
| Deferred income | £9.6m | £8.4m | £5.5m | £640k |
| Cash from operations | −£1.4m | £216k | £4.2m | −£5m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −1.2%
- Profit ÷ revenue.
- Gross margin
- 75.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £200k
- Revenue ÷ average employees.
- Profit per employee
- −£2.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲1%
- Now £14.9m
- Cash at bank
- ▼77%
- Now £1.5m
- Headcount
- ▼14%
- Now 25
- Deferred income
- ▼88%
- Now £640k
- Fixed assets
- ▼77%
- Now £1.5k
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
- Adobe Inc. (registered outside the UK register)ultimate parent75–100%
- Workfront, Ltd.this company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit −£60.1k), from the Companies House accounts bulk data published Aug 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.