How much does Sweatco Ltd make?

Sweatco Ltd reported revenue of £15.8m and a loss of £2.1m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Sweatco Ltd have?

Sweatco Ltd reported an average of 29 employees in the year to 31 Dec 2025.

Is Sweatco Ltd profitable?

No — Sweatco Ltd reported a loss of £2.1m in the year to 31 Dec 2025.

Company No. 09242159 · Incorporated 30 Sep 2014

Sweatco Ltd

Registered name: SWEATCO LTD

Sweatco Ltd made £15.8m revenue and a £2.1m loss in the year to 31 Dec 2025.

Sweatco Ltd’s revenue was £15.8m in the year to 31 Dec 2025, with a loss of £2.1m and 29 employees. The company is classified under “ready-made interactive leisure and entertainment software development” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62011Ready-made interactive leisure and entertainment software development SIC 72200Research and experimental development on social sciences and humanities

Status: Active
Location: London, London
Age: 12 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£15.8m

Growth —

Profit

−£2.1m

Growth —

Profit margin

−13.4%

Gross 86.7%

Employees

Change —

Profit / employee

−£72.8k

Revenue/employee £544k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.5m	£16.2m	£15m	£15.8m
Cost of sales	£1.3m	£1.9m	£1.7m	£2.1m
Gross profit	£16.1m	£14.3m	£13.3m	£13.7m
Operating profit	£1.9m	−£142k	£899k	−£2.3m
Profit before tax	£1.9m	−£147k	£897k	−£2.2m
Profit after tax	£1.9m	£75.3k	£747k	−£2.1m
Profit (best available)	£1.9m	£75.3k	£747k	−£2.1m
Staff costs	£2.8m	£2.8m	£2.4m	£3.4m
Employees (average)	42	34	32	29
Ratios
Profit margin	10.7%	0.5%	5%	−13.4%
Gross margin	92.3%	88.2%	88.9%	86.7%
Revenue per employee	£416k	£475k	£467k	£544k
Profit per employee	£44.5k	£2.2k	£23.3k	−£72.8k
Cash conversion	125.3%	—	133.7%	—
Growth (year on year)
Revenue growth	—	▼7.5%	▼7.5%	—
Profit growth	—	▼96%	▲892.2%	—
Headcount growth	—	▼19.1%	▼5.9%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1m	£1.5m	£2.7m	£2.2m
Net assets	£5.3m	£5.3m	£6.1m	£3.5m
Fixed assets	£120k	£172k	£171k	£189k
Current assets	£8.6m	£6.9m	£6.9m	£4.6m
Debtors	£3m	£5.1m	£4m	£1.8m
Deferred income	£886k	£787k	£140k	£562k
Cash from operations	£2.4m	−£3.2m	£1.2m	−£365k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −13.4%; Profit ÷ revenue.
Gross margin: 86.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £544k; Revenue ÷ average employees.
Profit per employee: −£72.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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 £3.5m
Cash at bank: —; Now £2.2m
Headcount: —; Now 29
Deferred income: —; Now £562k
Fixed assets: —; Now £189k

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£2.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 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.