Korvus Technology Ltd
Registered name: KORVUS TECHNOLOGY LTD
Part of Judges Scientific PLC groupKorvus Technology Ltd made £3.1m revenue and £376k profit in the year to 31 Dec 2024.
Korvus Technology Ltd’s revenue grew 160% to £3.1m in the year to 31 Dec 2024, with £376k profit and 9 employees. The company is classified under “manufacture of other electrical equipment” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £508k | £1.2m | £3.1m |
| Cost of sales | −£626k | −£956k | −£2m |
| Operating profit | −£208k | £84k | £511k |
| Profit before tax | −£209k | £84k | £504k |
| Profit after tax | −£165k | £63.7k | £376k |
| Profit (best available) | −£165k | £63.7k | £376k |
| Employees (average) | 4 | 4 | 9 |
| Ratios | |||
| Profit margin | −32.5% | 5.4% | 12.3% |
| Revenue per employee | £127k | £294k | £340k |
| Profit per employee | −£41.3k | £15.9k | £41.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲131.9% | ▲160.1% |
| Profit growth | — | — | ▲491.2% |
| Headcount growth | — | 0% | ▲125% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 12.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £340k
- Revenue ÷ average employees.
- Profit per employee
- £41.8k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲125%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Judges Scientific PLCultimate parent75–100%
- Korvus Technology Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (20)
- Coolled LimitedRev. £12.3m · Profit £3.2m
- Oxford Cryosystems LimitedRev. £8.9m · Profit £1.3m
- Scientifica LtdRev. £7.3m · Profit −£173k
- Fire Testing Technology LimitedRev. £5.1m · Profit −£216k
- Deben UK LimitedRev. £4m · Profit £94k
- Dia-Stron LimitedRev. £3.8m · Profit £854k
- Geotek Coring LimitedRev. £3.5m · Profit £1.7m
- Henniker Scientific LimitedRev. £2.4m · Profit £457k
- Ewb Solutions Ltd.Rev. £2.3m · Profit £175k
- Armfield LimitedFigures not disclosed
- Bordeaux Acquisition LimitedFigures not disclosed
- Geotek Holding LimitedFigures not disclosed
- Global Digital Systems LimitedFigures not disclosed
- Judges Capital LimitedFigures not disclosed
- Magsputter LimitedRev. — · Profit £240k
- Pe. Fiberoptics LimitedFigures not disclosed
- Polaron Instruments LimitedFigures not disclosed
- Quorum Technologies LimitedFigures not disclosed
- Thermal Hazard Technology LimitedFigures not disclosed
- Uhv Design LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £376k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 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.