How much does Forrit Technology Limited make?

Forrit Technology Limited reported revenue of £3.4m and a loss of £1.8m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Forrit Technology Limited have?

Forrit Technology Limited reported an average of 59 employees in the year to 31 Mar 2025.

Is Forrit Technology Limited profitable?

No — Forrit Technology Limited reported a loss of £1.8m in the year to 31 Mar 2025.

Company No. 06632246 · Incorporated 27 Jun 2008

Forrit Technology Limited

Registered name: FORRIT TECHNOLOGY LIMITED

Part of Forrit Holdings Limited group

Forrit Technology Limited made £3.4m revenue and a £1.8m loss in the year to 31 Mar 2025. read from filing text

Forrit Technology Limited’s revenue was £3.4m in the year to 31 Mar 2025, with a loss of £1.8m and 59 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: London, London
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. From the filing: “The parent company is”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£3.4m

Growth —

Profit

−£1.8m

Growth —

Profit margin

−52.8%

Employees

Change —

Profit / employee

−£30.3k

Revenue/employee £57.2k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Mar 2025
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£2.9m	£3.4m
Operating profit	—	−£1.5m	−£3.2m
Profit before tax	—	−£1.4m	−£3.1m
Profit after tax	—	−£893k	−£1.8m
Profit (best available)	—	−£893k	−£1.8m
Staff costs	—	£2.3m	£3.7m
Employees (average)	50	51	59
Ratios
Profit margin	—	−31.2%	−52.8%
Revenue per employee	—	£56.2k	£57.2k
Profit per employee	—	−£17.5k	−£30.3k
Growth (year on year)
Headcount growth	—	▲2%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£152k	£2.9m	£1.6m
Net assets	−£215k	−£1.1m	−£2.9m
Fixed assets	£1m	£1.8m	£2.6m
Current assets	£908k	£3.9m	£3.4m
Debtors	£241k	£134k	£571k
Cash from operations	—	£1.4m	£3.2m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −52.8%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £57.2k; Revenue ÷ average employees.
Profit per employee: −£30.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 76.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: —; Now −£2.9m
Cash at bank: —; Now £1.6m
Headcount: —; Now 59
Deferred income: —; Now —
Fixed assets: —; Now £2.6m

Corporate ownership

Group structure

Ownership chain

Forrit Holdings Limitedultimate parent75–100%
Forrit Technology Limitedthis company

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

Subsidiaries (1)

Cortex Medical Data LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.8m), from the Companies House accounts bulk data published Sep 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.