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Company No. 07990436 · Incorporated 14 Mar 2012

Checkfire Ltd

Registered name: CHECKFIRE LTD

Part of Multishield Group Limited group

Checkfire Ltd made £39m revenue and £2.2m profit in the year to 31 Dec 2024. read from filing text

Checkfire Ltd’s revenue grew 18% to £39m in the year to 31 Dec 2024, with £2.2m profit and 100 employees. The company is classified under “other manufacturing” and is based in Caerphilly; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Caerphilly, Wales
Age
14 yrs · since 2012
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-lightCash flow filed
Revenue
£39m
Growth ▲17.9%
Profit
£2.2m
Growth ▼13.2%
Profit margin
5.7%
Gross 25.5%
Employees
100
Change ▲31.6%
Profit / employee
£22.2k
Revenue/employee £390k
Profitable streak
2yrs
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 to31 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£33.1m£39m
Cost of sales£25.2m£29.1m
Gross profit£7.9m£9.9m
Operating profit£3.4m£3.1m
Profit before tax£3.4m£3m
Profit after tax£2.6m£2.2m
Profit (best available)£2.6m£2.2m
Staff costs£2.8m£3.7m
Employees (average)76100
Ratios
Profit margin7.7%5.7%
Gross margin23.9%25.5%
Revenue per employee£435k£390k
Profit per employee£33.6k£22.2k
Cash conversion−78.2%−79%
Growth (year on year)
Revenue growth—▲17.9%
Profit growth—▼13.2%
Headcount growth—▲31.6%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£1.4m
Net assets£6.5m£7.9m
Fixed assets£823k£2.3m
Current assets£11.9m£12.9m
Debtors£5m£5.8m
Deferred income£120k£261k
Cash from operations−£2.7m−£2.4m
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
5.7%
Profit ÷ revenue.
Gross margin
25.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£390k
Revenue ÷ average employees.
Profit per employee
£22.2k
Profit ÷ average employees.
Cash conversion
−79%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15%
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
▲22%
Now £7.9m
Cash at bank
▼10%
Now £1.4m
Headcount
▲32%
Now 100
Deferred income
▲117%
Now £261k
Fixed assets
▲174%
Now £2.3m

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

  1. Multishield Group Limitedultimate parent75–100%
  2. Checkfire Ltdthis company

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

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.2m), from the Companies House accounts bulk data published Sep 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.