How much does Cube Logic Limited make?

Cube Logic Limited reported revenue of £16.4m and a loss of £927k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cube Logic Limited have?

Cube Logic Limited reported an average of 57 employees in the year to 31 Dec 2025.

Is Cube Logic Limited profitable?

No — Cube Logic Limited reported a loss of £927k in the year to 31 Dec 2025.

Company No. 07054261 · Incorporated 22 Oct 2009

Cube Logic Limited

Registered name: CUBE LOGIC LIMITED

Part of Bowmark Capital (Holdings) Limited group

Cube Logic Limited made £16.4m revenue and a £927k loss in the year to 31 Dec 2025.

Cube Logic Limited’s revenue fell 9% to £16.4m in the year to 31 Dec 2025, with a loss of £927k and 57 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 16 yrs · since 2009
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: “CPMA Associates Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£16.4m

Growth ▼8.5%

Profit

−£927k

Growth —

Profit margin

−5.7%

Gross 39.5%

Employees

Change ▲23.9%

Profit / employee

−£16.3k

Revenue/employee £287k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.1m	£15m	£17.9m	£16.4m
Cost of sales	£4.9m	£8.8m	£11.5m	£9.9m
Gross profit	£6.2m	£6.2m	£6.4m	£6.5m
Operating profit	£1m	£1.7m	−£10.6m	−£940k
Profit before tax	£1m	£1.7m	−£10.6m	−£927k
Profit after tax	£1.6m	£1.1m	−£10.4m	−£927k
Profit (best available)	£1.6m	£1.1m	−£10.4m	−£927k
Staff costs	£3.1m	£3.8m	£3.9m	£5.6m
Employees (average)	38	52	46	57
Ratios
Profit margin	14.1%	7.1%	−58.3%	−5.7%
Gross margin	55.9%	41.4%	35.9%	39.5%
Revenue per employee	£292k	£288k	£389k	£287k
Profit per employee	£41.2k	£20.6k	−£227k	−£16.3k
Growth (year on year)
Revenue growth	—	▲35.2%	▲19.4%	▼8.5%
Profit growth	—	▼31.8%	▼1076%	—
Headcount growth	—	▲36.8%	▼11.5%	▲23.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£2m	£1.1m	£1.7m
Net assets	£2.2m	£3.3m	−£6.3m	−£6.2m
Fixed assets	£81.9k	£150k	£1.4m	£2.8m
Current assets	£14.3m	£20m	£11.3m	£11.5m
Debtors	£4.5m	£4.6m	£2.4m	£2.6m
Deferred income	£6.4m	£7.9m	£6.9m	£7.4m
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −5.7%; Profit ÷ revenue.
Gross margin: 39.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £287k; Revenue ÷ average employees.
Profit per employee: −£16.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 45.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.2%; 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: —; Now −£6.2m
Cash at bank: ▲47%; Now £1.7m
Headcount: ▲24%; Now 57
Deferred income: ▲8%; Now £7.4m
Fixed assets: ▲102%; Now £2.8m

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

Bowmark Capital (Holdings) Limitedultimate parent75–100%
Bowmark Capital Partners GP Limited75–100%
Bowmark GP VI LLP50–75%
Plato Topco Limited75–100%
Plato Midco Limited75–100%
Plato Bidco Limited75–100%
Cubelogic Group Holdings Limited75–100%
Cubelogic Group Limited75–100%
Cubelogic Trading Group Limited75–100%
Cpma Associates Limited75–100%
Cube Logic 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£927k), 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.