Chameleon Technology (UK) Limited
Registered name: CHAMELEON TECHNOLOGY (UK) LIMITED
Part of Chameleon Technology Holdings Limited groupChameleon Technology (UK) Limited made £19m revenue and a £2.3m loss in the year to 31 Dec 2024.
Chameleon Technology (UK) Limited’s revenue fell 25% to £19m in the year to 31 Dec 2024, with a loss of £2.3m and 54 employees. The company is classified under “manufacture of other electrical equipment” and is based in Harrogate; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Harrogate, Yorkshire and The Humber
- Age
- 16 yrs · since 2010
- 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 company's Parent Company is Chameleon Technology Holdings Limited, 1st Floor, Central House, Otley Road, Harrogate, HG3 1UF.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30m | £25.3m | £19m |
| Cost of sales | £24.1m | £19.8m | £14.3m |
| Gross profit | £5.9m | £5.5m | £4.7m |
| Operating profit | £597k | −£1.8m | −£721k |
| Profit before tax | £501k | −£3m | −£2.6m |
| Profit after tax | £344k | −£2.6m | −£2.3m |
| Profit (best available) | £344k | −£2.6m | −£2.3m |
| Staff costs | £2.4m | £2.9m | £3m |
| Employees (average) | 45 | 53 | 54 |
| Ratios | |||
| Profit margin | 1.1% | −10.3% | −12.2% |
| Gross margin | 19.7% | 21.8% | 24.9% |
| Revenue per employee | £668k | £477k | £352k |
| Profit per employee | £7.6k | −£49.1k | −£43k |
| Cash conversion | 99.7% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼15.8% | ▼24.8% |
| Profit growth | — | ▼855.8% | — |
| Headcount growth | — | ▲17.8% | ▲1.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £361k | £49.6k | £1.1m |
| Net assets | £9.9m | £7.3m | £4.9m |
| Fixed assets | £8.9m | £7.9m | £7.5m |
| Current assets | £15.3m | £9.4m | £4.7m |
| Debtors | £5.9m | £3.4m | £776k |
| Deferred income | £237k | £503k | £809k |
| Cash from operations | £595k | −£2.2m | £5.1m |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −12.2%
- Profit ÷ revenue.
- Gross margin
- 24.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £352k
- Revenue ÷ average employees.
- Profit per employee
- −£43k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 39.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▼32%
- Now £4.9m
- Cash at bank
- ▲2104%
- Now £1.1m
- Headcount
- ▲2%
- Now 54
- Deferred income
- ▲61%
- Now £809k
- Fixed assets
- ▼5%
- Now £7.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Chameleon Technology Holdings Limitedultimate parent75–100%
- Chameleon Technology (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Gengame LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Ilecsys Group (Trading) LimitedPrinces Risborough · Manufacture of other electrical equipment
- Revenue
- £18.5m
- Profit
- £816k
- Staff
- 86
- Bartlet Bidco LimitedWoking · Manufacture of other electrical equipment
- Revenue
- £18.3m
- Profit
- £453k
- Staff
- 124
- Land Navigation Systems LimitedStoke-on-Trent · Manufacture of other electrical equipment
- Revenue
- £18.2m
- Profit
- £564k
- Staff
- 72
- Purex International LimitedBrough · Manufacture of other electrical equipment
- Revenue
- £17.1m
- Profit
- £1.7m
- Staff
- 70
- Electronic Modular Services LimitedSea Street Herne Bay · Manufacture of other electrical equipment
- Revenue
- £21.4m
- Profit
- £933k
- Staff
- 53
- Exheat LimitedNorwich · Manufacture of other electrical equipment
- Revenue
- £16.8m
- Profit
- £1.2m
- Staff
- 91
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£2.3m), from the Companies House accounts bulk data published Jan 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.