How much does Olio Exchange Limited make?

Olio Exchange Limited reported revenue of £4m and a loss of £2.2m in the year to 28 Feb 2026, according to its accounts filed at Companies House.

How many employees does Olio Exchange Limited have?

Olio Exchange Limited reported an average of 55 employees in the year to 28 Feb 2026.

Is Olio Exchange Limited profitable?

No — Olio Exchange Limited reported a loss of £2.2m in the year to 28 Feb 2026.

Company No. 09428660 · Incorporated 9 Feb 2015

Olio Exchange Limited

Registered name: OLIO EXCHANGE LIMITED

Olio Exchange Limited made £4m revenue and a £2.2m loss in the year to 28 Feb 2026.

Olio Exchange Limited’s revenue grew 13% to £4m in the year to 28 Feb 2026, with a loss of £2.2m and 55 employees. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 96090Other service activities n.e.c.

Status: Active
Location: London, London
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 28 Feb 2026

Key figures

IndependentCapital-lightDoing more with lessCash flow filed

Revenue

£4m

Growth ▲12.5%

Profit

−£2.2m

Growth —

Profit margin

−54.2%

Gross 68.1%

Employees

Change ▼20.3%

Profit / employee

−£39.9k

Revenue/employee £73.6k

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	28 Feb 2025	28 Feb 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.6m	£4m
Cost of sales	£1.2m	£1.3m
Gross profit	£2.4m	£2.8m
Operating profit	−£3.3m	−£2.4m
Profit before tax	−£3m	−£2.2m
Profit after tax	−£2.9m	−£2.2m
Profit (best available)	−£2.9m	−£2.2m
Staff costs	£5.1m	£4.6m
Employees (average)	69	55
Ratios
Profit margin	−81.4%	−54.2%
Gross margin	67.9%	68.1%
Revenue per employee	£52.2k	£73.6k
Profit per employee	−£42.5k	−£39.9k
Growth (year on year)
Revenue growth	—	▲12.5%
Headcount growth	—	▼20.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.7m	£3.7m
Net assets	£7m	£5m
Fixed assets	£8.5k	£9.6k
Current assets	£7.5m	£5.3m
Debtors	£1.4m	£1.2m
Deferred income	£153k	£52.7k
Cash from operations	−£3.3m	−£2.2m
Source	FullAccounts · bulk data Aug 2026	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −54.2%; Profit ÷ revenue.
Gross margin: 68.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £73.6k; Revenue ÷ average employees.
Profit per employee: −£39.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 30.5%; 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: ▼28%; Now £5m
Cash at bank: ▼35%; Now £3.7m
Headcount: ▼20%; Now 55
Deferred income: ▼66%; Now £52.7k
Fixed assets: ▲13%; Now £9.6k

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 28 Feb 2026 (profit −£2.2m), from the Companies House accounts bulk data published Aug 2026. 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.