How many employees does Elevaate Limited have?

Elevaate Limited reported an average of 8 employees in the year to 31 Dec 2023.

Company No. 08900522 · Incorporated 18 Feb 2014

Elevaate Limited

Q: Is Elevaate Limited profitable?

No — Elevaate Limited reported a loss of £978k in the year to 31 Dec 2023.

Registered name: ELEVAATE LIMITED

Part of Quotient Technology Limited group

Elevaate Limited made a £978k loss in the year to 31 Dec 2023 (revenue not disclosed).

Elevaate Limited reported a loss of £978k in the year to 31 Dec 2023; its revenue was not disclosed. It had 8 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 12 yrs · since 2014
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: “As of 31st December 2023, CB Neptune Topco Holdings, LLC (Incorporated in USA) was regarded by the directors as being the company's ultimate parent company.”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

−£978k

Growth —

Profit margin

—

Employees

Change ▼20%

Profit / employee

−£122k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 2021	31 Dec 2022	31 Dec 2023
Disclosure	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—
Profit after tax	£2.9m	−£10m	−£978k
Profit (best available)	£2.9m	−£10m	−£978k
Employees (average)	19	10	8
Ratios
Profit margin	—	—	—
Profit per employee	£153k	−£1m	−£122k
Growth (year on year)
Profit growth	—	▼443.3%	—
Headcount growth	—	▼47.4%	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£525k	£228k	£106k
Net assets	£4.6m	−£5.4m	−£6.4m
Fixed assets	£15.1k	£9.1k	£4.6k
Current assets	£5m	£320k	£107k
Debtors	£0	£86.9k	£0
Deferred income	£176k	£49.1k	£101k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£122k; 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 −£6.4m
Cash at bank: ▼54%; Now £106k
Headcount: ▼20%; Now 8
Deferred income: ▲105%; Now £101k
Fixed assets: ▼49%; Now £4.6k

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

Quotient Technology Limitedultimate parent75–100%
Elevaate Limitedthis company

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

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 2023 (profit −£978k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 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.