Connectwise Ltd
Registered name: CONNECTWISE LTD
Part of Connectwise Llc groupConnectwise Ltd made £36m revenue and £665k profit in the year to 31 Dec 2025.
Connectwise Ltd’s revenue fell 14% to £36m in the year to 31 Dec 2025, with £665k profit and 113 employees. The company is classified under “business and domestic software development” and is based in Halesowen; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Halesowen, West Midlands
- 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 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £19.4m | £25.7m | £30.4m | £41.9m | £36m |
| Cost of sales | £9.7m | £13.9m | £16.4m | £26.6m | £17.8m |
| Gross profit | £9.6m | £11.8m | £14m | £15.3m | £18.2m |
| Operating profit | £482k | £635k | £372k | £694k | £171k |
| Profit before tax | £485k | £643k | £759k | £1m | £900k |
| Profit after tax | £396k | £470k | £564k | £846k | £665k |
| Profit (best available) | £396k | £470k | £564k | £846k | £665k |
| Staff costs | £5.8m | £7.7m | £9.8m | £10.6m | £12.2m |
| Employees (average) | 75 | 93 | 106 | 107 | 113 |
| Ratios | |||||
| Profit margin | 2.1% | 1.8% | 1.9% | 2% | 1.8% |
| Gross margin | 49.7% | 46% | 46.1% | 36.5% | 50.5% |
| Revenue per employee | £258k | £276k | £287k | £392k | £319k |
| Profit per employee | £5.3k | £5.1k | £5.3k | £7.9k | £5.9k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲32.6% | ▲18.2% | ▲38% | ▼14.1% |
| Profit growth | — | ▲18.7% | ▲20% | ▲49.9% | ▼21.4% |
| Headcount growth | — | ▲24% | ▲14% | ▲0.9% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £5.8m | £18.2m | £7.6m | £18.2m | £40.9m |
| Net assets | £2.3m | £2.7m | £3.3m | £4.1m | £4.8m |
| Fixed assets | £123k | £97.1k | £79.8k | £325k | £354k |
| Current assets | £13.5m | £29.1m | £21.3m | £34m | £54.1m |
| Debtors | £5.5m | £8m | £9.7m | £8.7m | £9m |
| Deferred income | £1.2m | £965k | £1.1m | £2.8m | £3.7m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 50.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £319k
- Revenue ÷ average employees.
- Profit per employee
- £5.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25%
- 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
- ▲16%
- Now £4.8m
- Cash at bank
- ▲125%
- Now £40.9m
- Headcount
- ▲6%
- Now 113
- Deferred income
- ▲33%
- Now £3.7m
- Fixed assets
- ▲9%
- Now £354k
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
- Connectwise Llc (registered outside the UK register)ultimate parent75–100%
- Connectwise Ltdthis 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 31 Dec 2025 (profit £665k), from the Companies House accounts bulk data published Sep 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.