Spyrosoft Ltd
Registered name: SPYROSOFT LTD
Part of Spyrosoft S.A. groupSpyrosoft Ltd made £28.7m revenue and £1.5m profit in the year to 31 Dec 2025.
Spyrosoft Ltd’s revenue grew 70% to £28.7m in the year to 31 Dec 2025, with £1.5m profit and 95 employees. The company is classified under “business and domestic software development” and is based in Christchurch; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Christchurch, South West
- Age
- 10 yrs · since 2016
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £16.9m | £28.7m |
| Cost of sales | — | — | £14.8m | £24.2m |
| Gross profit | — | — | £2.2m | £4.6m |
| Operating profit | — | — | £723k | £2m |
| Profit before tax | — | — | £742k | £2m |
| Profit after tax | — | — | £561k | £1.5m |
| Profit (best available) | — | — | £561k | £1.5m |
| Staff costs | — | — | £3.4m | £6.7m |
| Employees (average) | 25 | 30 | 54 | 95 |
| Ratios | ||||
| Profit margin | — | — | 3.3% | 5.2% |
| Gross margin | — | — | 12.8% | 15.9% |
| Revenue per employee | — | — | £314k | £303k |
| Profit per employee | — | — | £10.4k | £15.8k |
| Cash conversion | — | — | −12.3% | −61.5% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲69.7% |
| Profit growth | — | — | — | ▲167.9% |
| Headcount growth | — | ▲20% | ▲80% | ▲75.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2m | £1.3m | £1.4m | £2.2m |
| Net assets | £1.4m | £1.4m | £2m | £3.5m |
| Fixed assets | £43.8k | £45k | £51.3k | £53.5k |
| Current assets | £4.1m | £4.3m | £5.2m | £6.6m |
| Debtors | £1.9m | £2.6m | £3.5m | £4m |
| Cash from operations | — | — | −£88.9k | −£1.2m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 15.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £303k
- Revenue ÷ average employees.
- Profit per employee
- £15.8k
- Profit ÷ average employees.
- Cash conversion
- −61.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14%
- 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
- ▲76%
- Now £3.5m
- Cash at bank
- ▲53%
- Now £2.2m
- Headcount
- ▲76%
- Now 95
- Deferred income
- —
- Now —
- Fixed assets
- ▲4%
- Now £53.5k
Group structure
Ownership chain
- Spyrosoft S.A. (registered outside the UK register)ultimate parent75–100%
- Spyrosoft Ltdthis 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
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Aug 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.