Nagarro Software Ltd
Registered name: NAGARRO SOFTWARE LTD
Part of Nagarro Se. groupNagarro Software Ltd made £671k profit in the year to 31 Dec 2024 (revenue not disclosed).
Nagarro Software Ltd reported £671k profit in the year to 31 Dec 2024, down 26% on the year before; its revenue was not disclosed. It had 32 employees. The company is classified under “business and domestic software development” and is based in Harrow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Harrow, 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: “The parent and ultimate holding company is Nagarro SE (previously Nagarro Holding GmbH which merged with Nagarro SE in 2021), registered at”
Key figures
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.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Profit only |
| Profit & loss | |||
| Revenue (turnover) | £16.3m | £19.8m | — |
| Cost of sales | £14m | £17.9m | £19.2m |
| Gross profit | £2.3m | £1.9m | — |
| Operating profit | £2m | £1.1m | — |
| Profit before tax | £2.1m | £1.2m | — |
| Profit after tax | £1.7m | £903k | £671k |
| Profit (best available) | £1.7m | £903k | £671k |
| Staff costs | £2.4m | £3.5m | £3.5m |
| Employees (average) | 26 | 34 | 32 |
| Ratios | |||
| Profit margin | 10.3% | 4.6% | — |
| Gross margin | 14% | 9.5% | — |
| Revenue per employee | £626k | £582k | — |
| Profit per employee | £64.7k | £26.6k | £21k |
| Cash conversion | — | −26.6% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲21.6% | — |
| Profit growth | — | ▼46.3% | ▼25.7% |
| Headcount growth | — | ▲30.8% | ▼5.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £528k | £296k | £869k |
| Net assets | £2.8m | £3.7m | £4.3m |
| Fixed assets | £2.4k | £1.3k | £12.7m |
| Current assets | £6.2m | £7.7m | £9.5m |
| Debtors | £3.8m | £2.9m | £3.9m |
| Deferred income | £130k | £0 | £0 |
| Cash from operations | — | −£295k | −£1.1m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
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
- £21k
- 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.
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
- ▲18%
- Now £4.3m
- Cash at bank
- ▲193%
- Now £869k
- Headcount
- ▼6%
- Now 32
- Deferred income
- —
- Now £0
- Fixed assets
- ▲991385%
- Now £12.7m
Group structure
Ownership chain
- Nagarro Se. (registered outside the UK register)ultimate parent75–100%
- Nagarro Software Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- FWD View LimitedRev. £8.2m · Profit £445k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £671k), from the Companies House accounts bulk data published Jul 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.