How much does Axtell Limited make?

Axtell Limited reported revenue of £24.9m and a loss of £71.8k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Axtell Limited have?

Axtell Limited reported an average of 64 employees in the year to 31 Dec 2024.

Is Axtell Limited profitable?

No — Axtell Limited reported a loss of £71.8k in the year to 31 Dec 2024.

Company No. 09073122 · Incorporated 5 Jun 2014

Axtell Limited

Registered name: AXTELL LIMITED

Axtell Limited made £24.9m revenue and a £71.8k loss in the year to 31 Dec 2024.

Axtell Limited’s revenue was £24.9m in the year to 31 Dec 2024, with a loss of £71.8k and 64 employees. The company is classified under “manufacture of ready-mixed concrete” and is based in Godalming; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 23630Manufacture of ready-mixed concrete SIC 38110Collection of non-hazardous waste

Status: Active
Location: Godalming, South East
Age: 12 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed

Revenue

£24.9m

Growth —

Profit

−£71.8k

Growth —

Profit margin

−0.3%

Gross 13.9%

Employees

Change —

Profit / employee

−£1.1k

Revenue/employee £389k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.2m	£24.9m
Cost of sales	£15.6m	£21.4m
Gross profit	£1.6m	£3.5m
Operating profit	£328k	£662k
Profit before tax	−£27.1k	£99.9k
Profit after tax	£29.7k	−£71.8k
Profit (best available)	£29.7k	−£71.8k
Staff costs	£3.5m	£5.4m
Employees (average)	—	64
Ratios
Profit margin	0.2%	−0.3%
Gross margin	9.4%	13.9%
Revenue per employee	—	£389k
Profit per employee	—	−£1.1k
Cash conversion	328.2%	309.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£187k	£272k
Net assets	£890k	£818k
Fixed assets	£4.2m	£4.3m
Current assets	£3.1m	£3.3m
Debtors	£1.8m	£1.6m
Deferred income	£30.5k	£26.7k
Cash from operations	£1.1m	£2m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 13.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £389k; Revenue ÷ average employees.
Profit per employee: −£1.1k; Profit ÷ average employees.
Cash conversion: 309.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.5%; 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 £818k
Cash at bank: —; Now £272k
Headcount: —; Now 64
Deferred income: —; Now £26.7k
Fixed assets: —; Now £4.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£71.8k), 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.