How much does Cubitts KX Limited make?

Cubitts KX Limited reported revenue of £16.1m and a loss of £34.5k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Cubitts KX Limited have?

Cubitts KX Limited reported an average of 147 employees in the year to 31 Mar 2025.

Is Cubitts KX Limited profitable?

No — Cubitts KX Limited reported a loss of £34.5k in the year to 31 Mar 2025.

Company No. 08254044 · Incorporated 15 Oct 2012

Cubitts KX Limited

Registered name: CUBITTS KX LIMITED

Part of Cubitts KX Group Ltd group

Cubitts KX Limited made £16.1m revenue and a £34.5k loss in the year to 31 Mar 2025.

Cubitts KX Limited’s revenue grew 11% to £16.1m in the year to 31 Mar 2025, with a loss of £34.5k and 147 employees. The company is classified under “retail sale by opticians” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47782Retail sale by opticians

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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£16.1m

Growth ▲10.5%

Profit

−£34.5k

Growth ▼118.1%

Profit margin

−0.2%

Gross 74.5%

Employees

147

Change ▲5%

Profit / employee

−£235

Revenue/employee £110k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£14.6m	£16.1m
Cost of sales	—	—	£3.6m	£4.1m
Gross profit	—	—	£11m	£12m
Operating profit	—	—	£319k	£273k
Profit before tax	—	—	£191k	£169k
Profit after tax	—	—	£191k	−£34.5k
Profit (best available)	—	—	£191k	−£34.5k
Staff costs	—	—	£4.8m	£5m
Employees (average)	93	123	140	147
Ratios
Profit margin	—	—	1.3%	−0.2%
Gross margin	—	—	75.4%	74.5%
Revenue per employee	—	—	£104k	£110k
Profit per employee	—	—	£1.4k	−£235
Growth (year on year)
Revenue growth	—	—	—	▲10.5%
Profit growth	—	—	—	▼118.1%
Headcount growth	—	▲32.3%	▲13.8%	▲5%
Balance sheet — indirect signals, not revenue
Cash at bank	£472k	£460k	£487k	£576k
Net assets	−£1.3m	−£1.7m	−£651k	−£686k
Fixed assets	£2m	£2.1m	£2m	£2.1m
Current assets	£2.5m	£3.1m	£3.8m	£4.7m
Debtors	£46.2k	£41.3k	£202k	£300k
Deferred income	£261k	£319k	£363k	£312k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data May 2026	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 74.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: −£235; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.9%; 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: —; Now −£686k
Cash at bank: ▲18%; Now £576k
Headcount: ▲5%; Now 147
Deferred income: ▼14%; Now £312k
Fixed assets: ▲3%; Now £2.1m

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

Cubitts KX Group Ltdultimate parent75–100%
Cubitts KX Limitedthis company

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

Subsidiaries (2)

Cubitts King's Cross LimitedFigures not disclosed
Cubitts Southwark LimitedFigures not disclosed

Sister companies (2)

Cubitts ST James's LimitedFigures not disclosed
Cubitts US LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£34.5k), 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.