How much does Excotek Ltd make?

Excotek Ltd reported revenue of £29.8m and £1.7m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Excotek Ltd have?

Excotek Ltd reported an average of 12 employees in the year to 31 Mar 2025.

Is Excotek Ltd profitable?

Yes — Excotek Ltd reported a profit of £1.7m in the year to 31 Mar 2025.

Company No. 08907826 · Incorporated 24 Feb 2014

Excotek Ltd

Registered name: EXCOTEK LTD

Part of Excotek Holdings Ltd group

Excotek Ltd made £29.8m revenue and £1.7m profit in the year to 31 Mar 2025. read from filing text

Excotek Ltd’s revenue grew 21% to £29.8m in the year to 31 Mar 2025, with £1.7m profit and 12 employees. The company is classified under “other information technology service activities” and is based in Blackburn; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Blackburn, North West
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: “The ultimate parent company is Excotek Holdings Ltd, a company registered in England and Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£29.8m

Growth ▲21.2%

Profit

£1.7m

Growth ▲10.4%

Profit margin

5.7%

Gross 13.7%

Employees

Change ▲9.1%

Profit / employee

£140k

Revenue/employee £2.5m

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	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£87.5m	£6.6m	£24.6m	£29.8m
Cost of sales	£83.2m	£5.3m	£21.2m	£25.7m
Gross profit	£4.4m	£1.3m	£3.3m	£4.1m
Operating profit	£3.2m	£189k	£2.1m	£2.3m
Profit before tax	£3.2m	£184k	£2.1m	£2.3m
Profit after tax	£2.6m	£138k	£1.5m	£1.7m
Profit (best available)	£2.6m	£138k	£1.5m	£1.7m
Staff costs	£603k	£725k	£734k	£992k
Employees (average)	10	12	11	12
Ratios
Profit margin	3%	2.1%	6.2%	5.7%
Gross margin	5%	20%	13.6%	13.7%
Revenue per employee	£8.8m	£552k	£2.2m	£2.5m
Profit per employee	£259k	£11.5k	£139k	£140k
Growth (year on year)
Revenue growth	—	▼92.4%	▲270.6%	▲21.2%
Profit growth	—	▼94.7%	▲1005%	▲10.4%
Headcount growth	—	▲20%	▼8.3%	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.1m	£2.2m	£694k	£2.2m
Net assets	£4m	£3.7m	£4.5m	£5.1m
Fixed assets	£15.8k	£50.2k	£31.3k	£15.7k
Current assets	£10.6m	£4.3m	£8.2m	£9m
Debtors	£685k	£1.6m	£6.4m	£5.6m
Deferred income	£706k	£85k	£354k	£1.1m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 5.7%; Profit ÷ revenue.
Gross margin: 13.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.5m; Revenue ÷ average employees.
Profit per employee: £140k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.9%; 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: ▲13%; Now £5.1m
Cash at bank: ▲219%; Now £2.2m
Headcount: ▲9%; Now 12
Deferred income: ▲215%; Now £1.1m
Fixed assets: ▼50%; Now £15.7k

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

Excotek Holdings Ltdultimate parent75–100%
Excotek Ltdthis 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 Mar 2025 (profit £1.7m), 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.