How much does Addresscloud Limited make?

Addresscloud Limited reported revenue of £4.1m and £508k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Addresscloud Limited have?

Addresscloud Limited reported an average of 10 employees in the year to 31 Dec 2024.

Is Addresscloud Limited profitable?

Yes — Addresscloud Limited reported a profit of £508k in the year to 31 Dec 2024.

Company No. 07093266 · Incorporated 2 Dec 2009

Addresscloud Limited

Registered name: ADDRESSCLOUD LIMITED

Part of Kester Capital III GP LLP group

Addresscloud Limited made £4.1m revenue and £508k profit in the year to 31 Dec 2024.

Addresscloud Limited’s revenue grew 54% to £4.1m in the year to 31 Dec 2024, with £508k profit and 10 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£4.1m

Growth ▲54.1%

Profit

£508k

Growth ▲16.4%

Profit margin

12.5%

Gross 56.2%

Employees

Change ▲25%

Profit / employee

£50.8k

Revenue/employee £408k

Profitable streak

3yrs

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 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2m	£2.6m	£4.1m
Cost of sales	£739k	£1.1m	£1.8m
Gross profit	£1.3m	£1.6m	£2.3m
Operating profit	£576k	£398k	£628k
Profit before tax	£579k	£418k	£683k
Profit after tax	£467k	£436k	£508k
Profit (best available)	£467k	£436k	£508k
Employees (average)	6	8	10
Ratios
Profit margin	23%	16.5%	12.5%
Gross margin	63.5%	58.7%	56.2%
Revenue per employee	£338k	£331k	£408k
Profit per employee	£77.8k	£54.5k	£50.8k
Growth (year on year)
Revenue growth	—	▲30.5%	▲54.1%
Profit growth	—	▼6.5%	▲16.4%
Headcount growth	—	▲33.3%	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.5m	£2.4m
Net assets	£718k	£1m	£1.4m
Fixed assets	£28k	£30.3k	£29.5k
Current assets	£1.5m	£2.2m	£3.2m
Debtors	£126k	£282k	£386k
Deferred income	£624k	£1m	£1.5m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 12.5%; Profit ÷ revenue.
Gross margin: 56.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £408k; Revenue ÷ average employees.
Profit per employee: £50.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 36.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.5%; 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: ▲36%; Now £1.4m
Cash at bank: ▲55%; Now £2.4m
Headcount: ▲25%; Now 10
Deferred income: ▲48%; Now £1.5m
Fixed assets: ▼3%; Now £29.5k

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

Kester Capital III GP LLPultimate parent75–100%
Project Cirrus Topco Limited75–100%
Project Cirrus Midco Limited75–100%
Project Cirrus Bidco Limited75–100%
Addresscloud 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 Dec 2024 (profit £508k), from the Companies House accounts bulk data published Jun 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.