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Company No. 07608360 · Incorporated 19 Apr 2011

Elsewhen Ltd

Registered name: ELSEWHEN LTD

Elsewhen Ltd made £25.2m revenue and £7.1m profit in the year to 31 Dec 2025. read from filing text

Elsewhen Ltd’s revenue grew 1% to £25.2m in the year to 31 Dec 2025, with £7.1m profit and 51 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software developmentSIC 90030Artistic creation
Status
Active
Location
London, London
Age
15 yrs · since 2011
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-light
Revenue
£25.2m
Growth ▲0.9%
Profit
£7.1m
Growth ▼1.7%
Profit margin
28.3%
Gross 50.7%
Employees
51
Change ▲59.4%
Profit / employee
£140k
Revenue/employee £494k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Jun 202230 Jun 202331 Dec 202431 Dec 2025
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£11.3m£25m£25.2m
Cost of sales—£4.9m£11.7m£12.4m
Gross profit—£6.4m£13.2m£12.8m
Operating profit—£4.2m£8.7m£9.2m
Profit before tax—£4.3m£9.2m£9.8m
Profit after tax—£4m£7.3m£7.1m
Profit (best available)—£4m£7.3m£7.1m
Staff costs—£1.9m£4.8m£5.5m
Employees (average)20213251
Ratios
Profit margin—35.5%29.1%28.3%
Gross margin—56.8%53%50.7%
Revenue per employee—£540k£781k£494k
Profit per employee—£192k£227k£140k
Growth (year on year)
Revenue growth———▲0.9%
Profit growth———▼1.7%
Headcount growth—▲5%—▲59.4%
Balance sheet — indirect signals, not revenue
Cash at bank£3.2m£4.6m£10.6m£14.4m
Net assets£4.6m£8m£13.9m£20.1m
Fixed assets£102k£185k£137k£115k
Current assets£5.9m£9.1m£16.7m£22.9m
Debtors£1.7m£2m£2.2m£2.6m
Deferred income£144k£200k£374k£347k
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
28.3%
Profit ÷ revenue.
Gross margin
50.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£494k
Revenue ÷ average employees.
Profit per employee
£140k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.4%
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
▲45%
Now £20.1m
Cash at bank
▲36%
Now £14.4m
Headcount
▲59%
Now 51
Deferred income
▼7%
Now £347k
Fixed assets
▼16%
Now £115k

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 2025 (profit £7.1m), from the Companies House accounts bulk data published Sep 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.