Ericsson Enterprise Wireless Solutions UK Ltd
Registered name: ERICSSON ENTERPRISE WIRELESS SOLUTIONS UK LTD
Ericsson Enterprise Wireless Solutions UK Ltd made £31.9m revenue and £656k profit in the year to 31 Dec 2024.
Ericsson Enterprise Wireless Solutions UK Ltd’s revenue grew 13% to £31.9m in the year to 31 Dec 2024, with £656k profit and 88 employees. The company is classified under “wireless telecommunications activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £20.9m | £28.1m | £31.9m |
| Cost of sales | — | £2m | £3.7m | £5.6m |
| Gross profit | — | £18.8m | £24.4m | £26.3m |
| Operating profit | — | £1.2m | £313k | £812k |
| Profit before tax | — | £1.2m | £313k | £812k |
| Profit after tax | — | £941k | £132k | £656k |
| Profit (best available) | — | £941k | £132k | £656k |
| Employees (average) | 40 | 76 | 91 | 88 |
| Ratios | ||||
| Profit margin | — | 4.5% | 0.5% | 2.1% |
| Gross margin | — | 90.3% | 86.8% | 82.5% |
| Revenue per employee | — | £275k | £309k | £363k |
| Profit per employee | — | £12.4k | £1.5k | £7.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲34.9% | ▲13.4% |
| Profit growth | — | — | ▼86% | ▲395.9% |
| Headcount growth | — | ▲90% | ▲19.7% | ▼3.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9m | £4.8m | £4.1m | £3.6m |
| Net assets | £812k | £1.8m | £1.9m | £2.5m |
| Fixed assets | £100k | £428k | £398k | £179k |
| Current assets | £5m | £12m | £17.1m | £26.5m |
| Debtors | £1.6m | £1.9m | £2.2m | £5.1m |
| Deferred income | £2.4m | £7m | £12.5m | £11m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.1%
- Profit ÷ revenue.
- Gross margin
- 82.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £363k
- Revenue ÷ average employees.
- Profit per employee
- £7.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 34.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▲35%
- Now £2.5m
- Cash at bank
- ▼12%
- Now £3.6m
- Headcount
- ▼3%
- Now 88
- Deferred income
- ▼12%
- Now £11m
- Fixed assets
- ▼55%
- Now £179k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £656k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.