How much does Fiecon Limited make?

Fiecon Limited reported revenue of £13.4m and £2.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Fiecon Limited have?

Fiecon Limited reported an average of 113 employees in the year to 31 Dec 2024.

Is Fiecon Limited profitable?

Yes — Fiecon Limited reported a profit of £2.2m in the year to 31 Dec 2024.

Company No. 08642051 · Incorporated 7 Aug 2013

Fiecon Limited

Registered name: FIECON LIMITED

Part of Herspiegel UK Holdings Limited group

Fiecon Limited made £13.4m revenue and £2.2m profit in the year to 31 Dec 2024.

Fiecon Limited’s revenue grew 29% to £13.4m in the year to 31 Dec 2024, with £2.2m profit and 113 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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£13.4m

Growth ▲28.7%

Profit

£2.2m

Growth ▲51.1%

Profit margin

16.1%

Gross 56.6%

Employees

113

Change ▲17.7%

Profit / employee

£19.1k

Revenue/employee £119k

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)	£9.8m	£10.4m	£13.4m
Cost of sales	£3.3m	£4m	£5.8m
Gross profit	£6.5m	£6.4m	£7.6m
Operating profit	£2.6m	£1.7m	£2.8m
Profit before tax	£2.7m	£1.8m	£2.8m
Profit after tax	£2.2m	£1.4m	£2.2m
Profit (best available)	£2.2m	£1.4m	£2.2m
Staff costs	£5.7m	£6.8m	£8.6m
Employees (average)	77	96	113
Ratios
Profit margin	22.2%	13.7%	16.1%
Gross margin	66.3%	61.8%	56.6%
Revenue per employee	£127k	£109k	£119k
Profit per employee	£28.2k	£14.9k	£19.1k
Growth (year on year)
Revenue growth	—	▲6.5%	▲28.7%
Profit growth	—	▼34.2%	▲51.1%
Headcount growth	—	▲24.7%	▲17.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.3m	£2.4m	£3.8m
Net assets	£8.4m	£5.3m	£6.7m
Fixed assets	£455k	£461k	£118k
Current assets	£9.2m	£5.9m	£10.2m
Debtors	£2m	£2.3m	£3.5m
Deferred income	£571k	£514k	£2.5m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 16.1%; Profit ÷ revenue.
Gross margin: 56.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £119k; Revenue ÷ average employees.
Profit per employee: £19.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 18.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.2%; 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: ▲26%; Now £6.7m
Cash at bank: ▲57%; Now £3.8m
Headcount: ▲18%; Now 113
Deferred income: ▲383%; Now £2.5m
Fixed assets: ▼74%; Now £118k

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

Herspiegel UK Holdings Limitedultimate parent75–100%
Fiecon Limitedthis company

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

Sister companies (2)

Decisive Consulting LtdFigures not disclosed
Fiecon Group LimitedRev. — · Profit £770k

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 £2.2m), from the Companies House accounts bulk data published Sep 2025. 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.