How much does Phuse Technology Limited make?

Phuse Technology Limited reported revenue of £3.8m and a loss of £857k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Phuse Technology Limited have?

Phuse Technology Limited reported an average of 29 employees in the year to 31 Mar 2025.

Is Phuse Technology Limited profitable?

No — Phuse Technology Limited reported a loss of £857k in the year to 31 Mar 2025.

Company No. 06555701 · Incorporated 4 Apr 2008

Phuse Technology Limited

Registered name: PHUSE TECHNOLOGY LIMITED

Part of B a Corporation Limited group

Phuse Technology Limited made £3.8m revenue and a £857k loss in the year to 31 Mar 2025.

Phuse Technology Limited’s revenue grew 52% to £3.8m in the year to 31 Mar 2025, with a loss of £857k and 29 employees. The company is classified under “business and domestic software development” and is based in Ormskirk; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 63110Data processing, hosting and related activities

Status: Active
Location: Ormskirk, North West
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 Mar 2025

Key figures

Capital-lightDoing more with less

Revenue

£3.8m

Growth ▲51.7%

Profit

−£857k

Growth —

Profit margin

−22.7%

Gross 50.6%

Employees

Change ▼3.3%

Profit / employee

−£29.5k

Revenue/employee £130k

Profitable streak

0yrs

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	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£2.5m	£3.8m
Cost of sales	—	—	£1.9m	£1.9m
Gross profit	—	—	£618k	£1.9m
Operating profit	—	—	−£655k	−£864k
Profit before tax	—	—	−£646k	−£857k
Profit after tax	—	—	−£561k	−£857k
Profit (best available)	—	—	−£561k	−£857k
Employees (average)	16	19	30	29
Ratios
Profit margin	—	—	−22.5%	−22.7%
Gross margin	—	—	24.8%	50.6%
Revenue per employee	—	—	£83k	£130k
Profit per employee	—	—	−£18.7k	−£29.5k
Growth (year on year)
Revenue growth	—	—	—	▲51.7%
Headcount growth	—	▲18.8%	▲57.9%	▼3.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£767k	£799k	£538k	£464k
Net assets	£445k	£834k	£273k	−£584k
Fixed assets	—	—	—	£22.2k
Current assets	£1.4m	£2m	£2m	£1.1m
Debtors	£294k	£731k	£124k	£198k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −22.7%; Profit ÷ revenue.
Gross margin: 50.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £130k; Revenue ÷ average employees.
Profit per employee: −£29.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.2%; 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: ▼314%; Now −£584k
Cash at bank: ▼14%; Now £464k
Headcount: ▼3%; Now 29
Deferred income: —; Now —
Fixed assets: —; Now £22.2k

Corporate ownership

Group structure

Ownership chain

B a Corporation Limitedultimate parent75–100%
Phuse Technology Limitedthis 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£857k), 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.