How much does Bulkhead Limited make?

Bulkhead Limited reported revenue of £18.5m and £3.3m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Bulkhead Limited have?

Bulkhead Limited reported an average of 107 employees in the year to 31 Dec 2024.

Is Bulkhead Limited profitable?

Yes — Bulkhead Limited reported a profit of £3.3m in the year to 31 Dec 2024.

Company No. 09877574 · Incorporated 18 Nov 2015

Bulkhead Limited

Registered name: BULKHEAD LIMITED

Part of Super Media Group Limited group

Bulkhead Limited made £18.5m revenue and £3.3m profit in the year to 31 Dec 2024.

Bulkhead Limited’s revenue grew 327% to £18.5m in the year to 31 Dec 2024, with £3.3m profit and 107 employees. The company is classified under “publishing of computer games” and is based in Derby; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58210Publishing of computer games SIC 62011Ready-made interactive leisure and entertainment software development

Status: Active
Location: Derby, East Midlands
Age: 10 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 2024

Key figures

Revenue

£18.5m

Growth ▲326.6%

Profit

£3.3m

Growth —

Profit margin

18%

Gross 41.8%

Employees

107

Change ▲9.2%

Profit / employee

£31k

Revenue/employee £173k

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.3m	£18.5m
Cost of sales	£1.3m	£10.7m
Gross profit	£3m	£7.7m
Operating profit	−£108k	£4.1m
Profit before tax	−£285k	£3.8m
Profit after tax	−£285k	£3.3m
Profit (best available)	−£285k	£3.3m
Employees (average)	98	107
Ratios
Profit margin	−6.6%	18%
Gross margin	69.8%	41.8%
Revenue per employee	£44.1k	£173k
Profit per employee	−£2.9k	£31k
Growth (year on year)
Revenue growth	—	▲326.6%
Headcount growth	—	▲9.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£338k	£1.7m
Net assets	£805k	£4.3m
Fixed assets	£5.9m	£5.9m
Current assets	£972k	£11.2m
Debtors	£27.7k	£0
Deferred income	£214k	£217k
Source	FullAccounts · bulk data Apr 2026	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 18%; Profit ÷ revenue.
Gross margin: 41.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £173k; Revenue ÷ average employees.
Profit per employee: £31k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 32.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲433%; Now £4.3m
Cash at bank: ▲415%; Now £1.7m
Headcount: ▲9%; Now 107
Deferred income: ▲1%; Now £217k
Fixed assets: ▲1%; Now £5.9m

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

Super Media Group Limited (registered outside the UK register)ultimate parent75–100%
Bulkhead Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Darkwave LimitedRev. — · Profit £1.2m
Lightwave Games LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.3m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 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.