How much does Ag Grid Ltd make?

Ag Grid Ltd reported revenue of £17.9m and £4.8m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ag Grid Ltd have?

Ag Grid Ltd reported an average of 25 employees in the year to 31 Dec 2023.

Is Ag Grid Ltd profitable?

Yes — Ag Grid Ltd reported a profit of £4.8m in the year to 31 Dec 2023.

Company No. 07318192 · Incorporated 19 Jul 2010

Ag Grid Ltd

Registered name: AG GRID LTD

Ag Grid Ltd made £17.9m revenue and £4.8m profit in the year to 31 Dec 2023.

Ag Grid Ltd’s revenue grew 16% to £17.9m in the year to 31 Dec 2023, with £4.8m profit and 25 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 16 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-lightCash flow filed

Revenue

£17.9m

Growth ▲16.5%

Profit

£4.8m

Growth ▼6.5%

Profit margin

27%

Gross 86.8%

Employees

Change ▲19.1%

Profit / employee

£193k

Revenue/employee £717k

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 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11m	£15.4m	£17.9m
Cost of sales	£1.5m	£1.5m	£2.4m
Gross profit	£9.5m	£13.8m	£15.6m
Operating profit	£6.2m	£6.9m	£6.4m
Profit before tax	£6.9m	£6.5m	£6.6m
Profit after tax	£6.1m	£5.2m	£4.8m
Profit (best available)	£6.1m	£5.2m	£4.8m
Staff costs	—	£4.6m	£6m
Employees (average)	24	21	25
Ratios
Profit margin	55.6%	33.6%	27%
Gross margin	86.4%	90%	86.8%
Revenue per employee	£459k	£732k	£717k
Profit per employee	£255k	£246k	£193k
Cash conversion	225.8%	108.5%	−169%
Growth (year on year)
Revenue growth	—	▲39.7%	▲16.5%
Profit growth	—	▼15.6%	▼6.5%
Headcount growth	—	▼12.5%	▲19.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.4m	£10.5m	£1.9m
Net assets	−£1.2m	£3.9m	£8.8m
Fixed assets	£5.8m	£6.9m	£62.1k
Current assets	£5.8m	£12.9m	£22.6m
Debtors	£1.2m	£1.7m	£1.9m
Deferred income	£5.5m	£6.9m	£9.2m
Cash from operations	£14.1m	£7.5m	−£10.9m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 27%; Profit ÷ revenue.
Gross margin: 86.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £717k; Revenue ÷ average employees.
Profit per employee: £193k; Profit ÷ average employees.
Cash conversion: −169%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 51.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; 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: ▲123%; Now £8.8m
Cash at bank: ▼82%; Now £1.9m
Headcount: ▲19%; Now 25
Deferred income: ▲34%; Now £9.2m
Fixed assets: ▼99%; Now £62.1k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £4.8m), from the Companies House accounts bulk data published Dec 2024. 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.