How much does Ciphr Benefits Systems Limited make?

Ciphr Benefits Systems Limited reported revenue of £1.9m and £147k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

Is Ciphr Benefits Systems Limited profitable?

Yes — Ciphr Benefits Systems Limited reported a profit of £147k in the year to 31 Dec 2025.

Company No. 08584853 · Incorporated 26 Jun 2013

Ciphr Benefits Systems Limited

Registered name: CIPHR BENEFITS SYSTEMS LIMITED

Part of Bletchley Topco Limited group

Ciphr Benefits Systems Limited made £1.9m revenue and £147k profit in the year to 31 Dec 2025.

Ciphr Benefits Systems Limited’s revenue was £1.9m in the year to 31 Dec 2025, with £147k profit. The company is classified under “business and domestic software development” and is based in Reading; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Reading, South East
Age: 13 yrs · since 2013
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 2025

Key figures

Revenue

£1.9m

Growth —

Profit

£147k

Growth —

Profit margin

7.6%

Gross 89.3%

Employees

—

Change —

Profit / employee

—

Profitable streak

4yrs

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	30 Sep 2023	30 Sep 2024	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.3m	£1.4m	£1.4m	£1.9m
Cost of sales	−£37.1k	−£36.2k	−£36.2k	−£205k
Gross profit	£1.3m	£1.4m	£1.4m	£1.7m
Operating profit	£234k	£245k	£245k	£171k
Profit before tax	£234k	£245k	£245k	£171k
Profit after tax	£202k	£159k	£159k	£147k
Profit (best available)	£202k	£159k	£159k	£147k
Employees (average)	—	—	—	—
Ratios
Profit margin	15.6%	11.4%	11.4%	7.6%
Gross margin	97.1%	97.4%	97.4%	89.3%
Growth (year on year)
Revenue growth	—	▲8.6%	—	—
Profit growth	—	▼21.1%	—	—
Balance sheet — indirect signals, not revenue
Net assets	—	—	—	—
Source	Accounts · bulk data Jul 2025	Accounts · bulk data Jul 2025	Accounts · bulk data Aug 2026	Accounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 7.6%; Profit ÷ revenue.
Gross margin: 89.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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 —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Bletchley Topco Limitedultimate parent75–100%
Bletchley Midco Limited75–100%
Bletchley Bidco Limited75–100%
Ciphr Holdings Limited75–100%
Ciphr Group Limited75–100%
Ciphr Benefits Group Limited75–100%
Ciphr Benefits Systems Limitedthis company

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

Subsidiaries (2)

Avantus Technology LimitedFigures not disclosed
Myworkpal LimitedFigures not disclosed

Sister companies (6)

Ciphr Benefits LimitedRev. £4m · Profit £757k
Fair Care Childcare Vouchers LimitedRev. £131k · Profit £45.4k
Avantus HR LimitedFigures not disclosed
Avantus LimitedFigures not disclosed
Avantus People Solutions LimitedFigures not disclosed
Avantus Resources LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £147k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.