Causeway Securities Limited
Registered name: CAUSEWAY SECURITIES LIMITED
Part of Westbridge III GP LLP groupCauseway Securities Limited made £26.1m revenue and £4.1m profit in the year to 30 Sep 2025.
Causeway Securities Limited’s revenue grew 29% to £26.1m in the year to 30 Sep 2025, with £4.1m profit and 32 employees. The company is classified under “activities auxiliary to financial intermediation” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.8m | £20.3m | £26.1m |
| Cost of sales | −£9.9m | −£13.2m | −£15.1m |
| Gross profit | £5.9m | £7m | £11m |
| Operating profit | £2.8m | £2.1m | £4.9m |
| Profit before tax | £2.8m | £2m | £5m |
| Profit after tax | £2m | £1.4m | £4.1m |
| Profit (best available) | £2m | £1.4m | £4.1m |
| Employees (average) | 20 | 19 | 32 |
| Ratios | |||
| Profit margin | 12.8% | 6.7% | 15.7% |
| Gross margin | 37.5% | 34.7% | 42% |
| Revenue per employee | £790k | £1.1m | £816k |
| Profit per employee | £101k | £71.2k | £128k |
| Growth (year on year) | |||
| Revenue growth | — | ▲28.3% | ▲28.8% |
| Profit growth | — | ▼33.2% | ▲202.4% |
| Headcount growth | — | ▼5% | ▲68.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 15.7%
- Profit ÷ revenue.
- Gross margin
- 42%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £816k
- Revenue ÷ average employees.
- Profit per employee
- £128k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲68%
- Now 32
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Westbridge III GP LLPultimate parent50–75%
- Causeway Securities Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Levendi Investment Management LtdFigures not disclosed
Sister companies (2)
- Sentinel 123 LimitedRev. £18.5m · Profit −£5.2m
- Satori 123 LimitedRev. — · Profit −£1k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit £4.1m), from the Companies House accounts bulk data published Apr 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.