How much does Qognify Limited make?

Qognify Limited reported revenue of £3.5m and £221k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Qognify Limited have?

Qognify Limited reported an average of 8 employees in the year to 31 Dec 2022.

Is Qognify Limited profitable?

Yes — Qognify Limited reported a profit of £221k in the year to 31 Dec 2022.

Company No. 09674138 · Incorporated 7 Jul 2015

Qognify Limited

Registered name: QOGNIFY LIMITED

Part of Octave Intelligence Plc group

Qognify Limited made £3.5m revenue and £221k profit in the year to 31 Dec 2022.

Qognify Limited’s revenue fell 10% to £3.5m in the year to 31 Dec 2022, with £221k profit and 8 employees. The company is classified under “other software publishing” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58290Other software publishing

Status: Active
Location: London, London
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.

Latest accounts · year to 31 Dec 2022

Key figures

Small team

Revenue

£3.5m

Growth ▼9.9%

Profit

£221k

Growth —

Profit margin

6.4%

Gross 57.2%

Employees

Change ▼11.1%

Profit / employee

£27.6k

Revenue/employee £431k

Profitable streak

1yr

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	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.8m	£3.5m
Cost of sales	£2.1m	£1.5m
Gross profit	£1.8m	£2m
Operating profit	−£398k	£101k
Profit before tax	−£329k	£177k
Profit after tax	−£314k	£221k
Profit (best available)	−£314k	£221k
Staff costs	£1.2m	£1.9m
Employees (average)	9	8
Ratios
Profit margin	−8.2%	6.4%
Gross margin	46.3%	57.2%
Revenue per employee	£425k	£431k
Profit per employee	−£34.9k	£27.6k
Growth (year on year)
Revenue growth	—	▼9.9%
Headcount growth	—	▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£325k	£269k
Net assets	£43.3m	£43.5m
Fixed assets	£34.9m	£34.5m
Current assets	£10.2m	£11.7m
Debtors	£1.5m	£744k
Deferred income	£1.3m	£2.1m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 6.4%; Profit ÷ revenue.
Gross margin: 57.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £431k; Revenue ÷ average employees.
Profit per employee: £27.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1001%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 62.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.6%; 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: ▲1%; Now £43.5m
Cash at bank: ▼17%; Now £269k
Headcount: ▼11%; Now 8
Deferred income: ▲65%; Now £2.1m
Fixed assets: ▼1%; Now £34.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Octave Intelligence Plc (registered outside the UK register)ultimate parent75–100%
Qognify 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £221k), from the Companies House accounts bulk data published Dec 2023. 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.