How much does Coatsink Software Ltd make?

Coatsink Software Ltd reported revenue of £9.3m and a loss of £2.1m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Coatsink Software Ltd have?

Coatsink Software Ltd reported an average of 114 employees in the year to 31 Dec 2025.

Is Coatsink Software Ltd profitable?

No — Coatsink Software Ltd reported a loss of £2.1m in the year to 31 Dec 2025.

Company No. 07567431 · Incorporated 17 Mar 2011

Coatsink Software Ltd

Registered name: COATSINK SOFTWARE LTD

Part of Thunderful Group Ab group

Coatsink Software Ltd made £9.3m revenue and a £2.1m loss in the year to 31 Dec 2025.

Coatsink Software Ltd’s revenue fell 4% to £9.3m in the year to 31 Dec 2025, with a loss of £2.1m and 114 employees. The company is classified under “ready-made interactive leisure and entertainment software development” and is based in Gateshead; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62011Ready-made interactive leisure and entertainment software development

Status: Active
Location: Gateshead, North East
Age: 15 yrs · since 2011
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 ultimate controlling party is Atari SA, a company registered in Luxembourg. The group financial statements can be obtained from the company's registered office, 8-10, avenue de la Gare, L-1610, Lu”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£9.3m

Growth ▼3.7%

Profit

−£2.1m

Growth ▼388.1%

Profit margin

−22.9%

Gross 46.5%

Employees

114

Change ▼3.4%

Profit / employee

−£18.8k

Revenue/employee £82k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.7m	£9.3m
Cost of sales	£4.6m	£5m
Gross profit	£5.1m	£4.3m
Operating profit	−£951k	−£3.2m
Profit before tax	£452k	−£1.9m
Profit after tax	£743k	−£2.1m
Profit (best available)	£743k	−£2.1m
Staff costs	£4.5m	£4.7m
Employees (average)	118	114
Ratios
Profit margin	7.7%	−22.9%
Gross margin	52.2%	46.5%
Revenue per employee	£82.2k	£82k
Profit per employee	£6.3k	−£18.8k
Growth (year on year)
Revenue growth	—	▼3.7%
Profit growth	—	▼388.1%
Headcount growth	—	▼3.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£23.9m	£24.7m
Net assets	£31m	£28.9m
Fixed assets	£5m	£2.7m
Current assets	£26.4m	£27.2m
Debtors	£1.1m	£1.2m
Deferred income	£142k	£731k
Cash from operations	−£3.9m	−£1.5m
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −22.9%; Profit ÷ revenue.
Gross margin: 46.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £82k; Revenue ÷ average employees.
Profit per employee: −£18.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 29%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.7%; 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: ▼7%; Now £28.9m
Cash at bank: ▲3%; Now £24.7m
Headcount: ▼3%; Now 114
Deferred income: ▲414%; Now £731k
Fixed assets: ▼46%; Now £2.7m

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

Thunderful Group Abultimate parent75–100%
Coatsink Software Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Robot Teddy LimitedFigures not disclosed
Thunderful Games LimitedFigures not disclosed

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 2025 (profit −£2.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.