Matrixx Software, Europe Limited
Registered name: MATRIXX SOFTWARE, EUROPE LIMITED
Part of Amdocs Limited groupMatrixx Software, Europe Limited made £878k profit in the year to 31 Dec 2024 (revenue not disclosed).
Matrixx Software, Europe Limited reported £878k profit in the year to 31 Dec 2024, down 24% on the year before; its revenue was not disclosed. It had 112 employees. The company is classified under “other information technology service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £18.3m | £22.9m | — | — |
| Operating profit | £1.2m | £1.6m | — | — |
| Profit before tax | £1.2m | £1.6m | — | — |
| Profit after tax | £972k | £1.3m | £1.2m | £878k |
| Profit (best available) | £972k | £1.3m | £1.2m | £878k |
| Employees (average) | 102 | 121 | 129 | 112 |
| Ratios | ||||
| Profit margin | 5.3% | 5.7% | — | — |
| Revenue per employee | £179k | £189k | — | — |
| Profit per employee | £9.5k | £10.8k | £9k | £7.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲25.4% | — | — |
| Profit growth | — | ▲34.8% | ▼11.6% | ▼24.2% |
| Headcount growth | — | ▲18.6% | ▲6.6% | ▼13.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £294k | £724k | £363k | £261k |
| Net assets | £3.6m | £1.7m | £2.9m | £3.7m |
| Fixed assets | £346k | £323k | £319k | £319k |
| Current assets | £4.2m | £3.7m | £4.6m | £5m |
| Debtors | £3.9m | £3m | £0 | £0 |
| Deferred income | £252k | £1.4m | £1.4m | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £7.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲30%
- Now £3.7m
- Cash at bank
- ▼28%
- Now £261k
- Headcount
- ▼13%
- Now 112
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £319k
Group structure
Ownership chain
- Amdocs Limited (registered outside the UK register)ultimate parent75–100%
- Amdocs (UK) Limited75–100%
- Matrixx Software, Europe Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Sourced Group Cloud Services LimitedRev. £4.5m · Profit £369k
- Amdocs Management LimitedFigures not disclosed
- Ignis UK Investment LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £878k), from the Companies House accounts bulk data published May 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.