Open Energy Market Limited
Registered name: OPEN ENERGY MARKET LIMITED
Open Energy Market Limited made £10.9m revenue and £685k profit in the year to 31 Jan 2025.
Open Energy Market Limited’s revenue grew 49% to £10.9m in the year to 31 Jan 2025, with £685k profit and 66 employees. The company is classified under “data processing, hosting and related activities” and is based in Guildford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Guildford, South East
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £7.3m | £10.9m |
| Cost of sales | — | £835k | £1.8m |
| Gross profit | — | £6.5m | £9.1m |
| Operating profit | — | −£673k | £465k |
| Profit before tax | — | −£857k | £325k |
| Profit after tax | — | −£447k | £685k |
| Profit (best available) | — | −£447k | £685k |
| Staff costs | — | £4.6m | £5.9m |
| Employees (average) | 43 | 57 | 66 |
| Ratios | |||
| Profit margin | — | −6.1% | 6.3% |
| Gross margin | — | 88.6% | 83.7% |
| Revenue per employee | — | £129k | £166k |
| Profit per employee | — | −£7.8k | £10.4k |
| Cash conversion | — | — | 280.6% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲48.9% |
| Headcount growth | — | ▲32.6% | ▲15.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £666k | £658k | £1.5m |
| Net assets | −£1.7m | −£2.2m | −£1.3m |
| Fixed assets | £28.7k | £351k | £199k |
| Current assets | £7m | £6.6m | £7.8m |
| Debtors | £2.1m | £1.5m | £1.8m |
| Deferred income | £6.5m | £6.2m | £7.4m |
| Cash from operations | — | £947k | £1.3m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 83.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £166k
- Revenue ÷ average employees.
- Profit per employee
- £10.4k
- Profit ÷ average employees.
- Cash conversion
- 280.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 67.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.4%
- 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
- —
- Now −£1.3m
- Cash at bank
- ▲131%
- Now £1.5m
- Headcount
- ▲16%
- Now 66
- Deferred income
- ▲19%
- Now £7.4m
- Fixed assets
- ▼43%
- Now £199k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- TM Consultants 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 Jan 2025 (profit £685k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.