How much does Backbase UK Limited make?

Backbase UK Limited reported revenue of £17.3m and £1.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Backbase UK Limited have?

Backbase UK Limited reported an average of 148 employees in the year to 31 Dec 2024.

Is Backbase UK Limited profitable?

Yes — Backbase UK Limited reported a profit of £1.1m in the year to 31 Dec 2024.

Company No. 09787907 · Incorporated 21 Sep 2015

Backbase UK Limited

Registered name: BACKBASE UK LIMITED

Backbase UK Limited made £17.3m revenue and £1.1m profit in the year to 31 Dec 2024. read from filing text

Backbase UK Limited’s revenue fell 1% to £17.3m in the year to 31 Dec 2024, with £1.1m profit and 148 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities SIC 73120Media representation services

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. From the filing: “The company's immediate parent undertaking and controlling party is Backbase B.V. a company incorporated in the Netherlands.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£17.3m

Growth ▼1.3%

Profit

£1.1m

Growth ▲11.1%

Profit margin

6.4%

Gross 87.8%

Employees

148

Change ▼6.3%

Profit / employee

£7.5k

Revenue/employee £117k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£18.7m	£17.5m	£17.3m
Cost of sales	£2.4m	£2.8m	£2.1m
Gross profit	£16.3m	£14.7m	£15.1m
Operating profit	£970k	£1.3m	£1.5m
Profit before tax	£970k	£1.3m	£1.5m
Profit after tax	£772k	£997k	£1.1m
Profit (best available)	£772k	£997k	£1.1m
Staff costs	£13.7m	£14.3m	£14.1m
Employees (average)	156	158	148
Ratios
Profit margin	4.1%	5.7%	6.4%
Gross margin	87.2%	84%	87.8%
Revenue per employee	£120k	£111k	£117k
Profit per employee	£4.9k	£6.3k	£7.5k
Growth (year on year)
Revenue growth	—	▼6.4%	▼1.3%
Profit growth	—	▲29.2%	▲11.1%
Headcount growth	—	▲1.3%	▼6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£295k	£6.8m	£155k
Net assets	£4.8m	£5.8m	£6.9m
Fixed assets	£250k	£171k	£198k
Current assets	£30.8m	£37.2m	£8.1m
Debtors	£30.6m	£30.3m	£8m
Deferred income	£1m	£1.4m	£915k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 6.4%; Profit ÷ revenue.
Gross margin: 87.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: £7.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 46.2%; 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: ▲19%; Now £6.9m
Cash at bank: ▼98%; Now £155k
Headcount: ▼6%; Now 148
Deferred income: ▼33%; Now £915k
Fixed assets: ▲16%; Now £198k

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 2024 (profit £1.1m), from the Companies House accounts bulk data published May 2025. 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.