Flock Limited
Registered name: FLOCK LIMITED
Part of Admiral Group PLC groupFlock Limited made £4.1m revenue and a £9.3m loss in the year to 31 Mar 2025.
Flock Limited’s revenue grew 3% to £4.1m in the year to 31 Mar 2025, with a loss of £9.3m and 58 employees. The company is classified under “other information technology service activities” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 11 yrs · since 2015
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £4m | £4.1m |
| Cost of sales | — | — | £2.7m | £2.2m |
| Gross profit | — | — | £1.3m | £1.9m |
| Operating profit | — | — | −£8.9m | −£9.6m |
| Profit before tax | — | — | −£8.6m | −£9.3m |
| Profit after tax | — | — | −£8.6m | −£9.3m |
| Profit (best available) | — | — | −£8.6m | −£9.3m |
| Staff costs | — | — | £6.5m | £6.6m |
| Employees (average) | 29 | 49 | 65 | 58 |
| Ratios | ||||
| Profit margin | — | — | −215.9% | −227.7% |
| Gross margin | — | — | 31.8% | 46.4% |
| Revenue per employee | — | — | £60.9k | £70.4k |
| Profit per employee | — | — | −£132k | −£160k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲3.1% |
| Headcount growth | — | ▲69% | ▲32.6% | ▼10.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.1m | £19.7m | £12.7m | £9.6m |
| Net assets | £6.8m | £21.4m | £13.5m | £8.9m |
| Fixed assets | £61.7k | £71.3k | £87.4k | £91.7k |
| Current assets | £7.2m | £22.2m | £14.2m | £10.5m |
| Debtors | £264k | £1.8m | £1.2m | £674k |
| Deferred income | £71.1k | £221k | £202k | £396k |
| Cash from operations | — | — | £7.4m | £7.8m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −227.7%
- Profit ÷ revenue.
- Gross margin
- 46.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £70.4k
- Revenue ÷ average employees.
- Profit per employee
- −£160k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.5%
- 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
- ▼34%
- Now £8.9m
- Cash at bank
- ▼24%
- Now £9.6m
- Headcount
- ▼11%
- Now 58
- Deferred income
- ▲97%
- Now £396k
- Fixed assets
- ▲5%
- Now £91.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Admiral Group PLCultimate parent75–100%
- Able Insurance Services Limited75–100%
- Flock Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- The Redshank Group LtdSouthsea · Other information technology service activities
- Revenue
- £3.9m
- Profit
- £71.5k
- Staff
- 13
- Giftcloud LimitedBristol · Other information technology service activities
- Revenue
- £3.8m
- Profit
- £1.8m
- Staff
- 19
- Soccer Manager Developments LtdPreston · Other information technology service activities
- Revenue
- £3.8m
- Profit
- £765k
- Staff
- 4
- Red Ant Digital LimitedLondon · Other information technology service activities
- Revenue
- £4.4m
- Profit
- £449k
- Staff
- 34
- Ninja Kiwi Europe LimitedDundee · Other information technology service activities
- Revenue
- £3.8m
- Profit
- £1m
- Staff
- 47
- Auth0 Ltd.London · Other information technology service activities
- Revenue
- £4.6m
- Profit
- £202k
- Staff
- 13
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£9.3m), from the Companies House accounts bulk data published Mar 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.