How much does Barings Limited make?

Barings Limited reported revenue of £2.2m and a loss of £22.8m in the year to 29 Mar 2025, according to its accounts filed at Companies House.

How many employees does Barings Limited have?

Barings Limited reported an average of 116 employees in the year to 29 Mar 2025.

Is Barings Limited profitable?

No — Barings Limited reported a loss of £22.8m in the year to 29 Mar 2025.

Company No. 07072321 · Incorporated 11 Nov 2009

Barings Limited

Registered name: BARINGS LIMITED

Barings Limited made £2.2m revenue and a £22.8m loss in the year to 29 Mar 2025. read from filing text

Barings Limited’s revenue grew 486% to £2.2m in the year to 29 Mar 2025, with a loss of £22.8m and 116 employees. The company is classified under “solicitors” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors

Status: Active
Location: Manchester, North West
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: “On 14 July 2025, all issued share capital of the company was transferred to Mr Robert Lee Whitehead.”

Latest accounts · year to 29 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£2.2m

Growth ▲485.7%

Profit

−£22.8m

Growth —

Profit margin

−1038%

Gross −584.6%

Employees

116

Change ▲34.9%

Profit / employee

−£196k

Revenue/employee £18.9k

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 Mar 2023	30 Mar 2024	29 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£380k	£374k	£2.2m
Cost of sales	£5.8m	£6.7m	£15m
Gross profit	−£5.5m	−£6.4m	−£12.8m
Operating profit	−£11.1m	−£12.9m	−£21.3m
Profit before tax	−£11.8m	−£13m	−£22.8m
Profit after tax	−£11.8m	−£13.1m	−£22.8m
Profit (best available)	−£11.8m	−£13.1m	−£22.8m
Staff costs	£2m	£3m	£3.4m
Employees (average)	78	86	116
Ratios
Profit margin	−3090%	−3491%	−1038%
Gross margin	−1434%	−1701%	−584.6%
Revenue per employee	£4.9k	£4.4k	£18.9k
Profit per employee	−£151k	−£152k	−£196k
Growth (year on year)
Revenue growth	—	▼1.6%	▲485.7%
Headcount growth	—	▲10.3%	▲34.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£132k	£59.2k	£95.2k
Net assets	−£11m	−£24.1m	−£46.3m
Fixed assets	£95.8k	£76.3k	£29.2k
Current assets	£36.5m	£44.1m	£47m
Debtors	£35.2m	£43.7m	£46.6m
Deferred income	£1.7m	£300k	£150k
Cash from operations	£23.4m	£19.9m	£24.8m
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −1038%; Profit ÷ revenue.
Gross margin: −584.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £18.9k; Revenue ÷ average employees.
Profit per employee: −£196k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2128%; 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 −£46.3m
Cash at bank: ▲61%; Now £95.2k
Headcount: ▲35%; Now 116
Deferred income: ▼50%; Now £150k
Fixed assets: ▼62%; Now £29.2k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Mar 2025 (profit −£22.8m), from the Companies House accounts bulk data published Aug 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.