How much does Globale U.K. Limited make?

Globale U.K. Limited reported revenue of £187m and £4.4m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Globale U.K. Limited have?

Globale U.K. Limited reported an average of 78 employees in the year to 31 Dec 2024.

Is Globale U.K. Limited profitable?

Yes — Globale U.K. Limited reported a profit of £4.4m in the year to 31 Dec 2024.

Company No. 08632376 · Incorporated 31 Jul 2013

Globale U.K. Limited

Registered name: GLOBALE U.K. LIMITED

Globale U.K. Limited made £187m revenue and £4.4m profit in the year to 31 Dec 2024.

Globale U.K. Limited’s revenue fell 13% to £187m in the year to 31 Dec 2024, with £4.4m profit and 78 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
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. From the filing: “The Directors consider Global-e Online Ltd, a company incorporated in Israel to be the immediate and ultimate parent undertaking. The registered address for Global-e Online Ltd. is Hapsagot 9, Petah T”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£187m

Growth ▼13.3%

Profit

£4.4m

Growth ▲17.5%

Profit margin

2.4%

Gross 35.4%

Employees

Change ▲23.8%

Profit / employee

£56.3k

Revenue/employee £2.4m

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£178m	£215m	£187m
Cost of sales	£118m	£141m	£121m
Gross profit	£59.8m	£74.4m	£66m
Operating profit	£4.2m	£3.1m	£3.5m
Profit before tax	£4.2m	£3.7m	£4.4m
Profit after tax	£4.2m	£3.7m	£4.4m
Profit (best available)	£4.2m	£3.7m	£4.4m
Staff costs	£5.7m	£6.9m	£9.5m
Employees (average)	53	63	78
Ratios
Profit margin	2.4%	1.7%	2.4%
Gross margin	33.7%	34.6%	35.4%
Revenue per employee	£3.4m	£3.4m	£2.4m
Profit per employee	£79k	£59.3k	£56.3k
Growth (year on year)
Revenue growth	—	▲21.3%	▼13.3%
Profit growth	—	▼10.7%	▲17.5%
Headcount growth	—	▲18.9%	▲23.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£23.8m	£29.8m	£22.8m
Net assets	£3.3m	£7m	£11.4m
Fixed assets	£15.3m	£15.3m	£16.4m
Current assets	£124m	£108m	£169m
Debtors	£99.7m	£78.1m	£146m
Deferred income	£19.8m	£22.5m	£7.1m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 35.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.4m; Revenue ÷ average employees.
Profit per employee: £56.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 78.1%; 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: ▲63%; Now £11.4m
Cash at bank: ▼24%; Now £22.8m
Headcount: ▲24%; Now 78
Deferred income: ▼69%; Now £7.1m
Fixed assets: ▲7%; Now £16.4m

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

Subsidiaries (2)

Borderfree UK LimitedRev. £434k · Profit £249k
Global-E Payco UK LimitedRev. £13.2k · Profit £384

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 Dec 2024 (profit £4.4m), from the Companies House accounts bulk data published Dec 2025. 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.