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Company No. 06517178 · Incorporated 28 Feb 2008

Connectwise Ltd

Registered name: CONNECTWISE LTD

Part of Connectwise Llc group

Connectwise 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.

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

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£36m
Growth ▼14.1%
Profit
£665k
Growth ▼21.4%
Profit margin
1.8%
Gross 50.5%
Employees
113
Change ▲5.6%
Profit / employee
£5.9k
Revenue/employee £319k
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull 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)7593106107113
Ratios
Profit margin2.1%1.8%1.9%2%1.8%
Gross margin49.7%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
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. Connectwise Llc (registered outside the UK register)ultimate parent75–100%
  2. 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.