Code Holdings Limited
Registered name: CODE HOLDINGS LIMITED
Code Holdings Limited made £22.4m revenue and £7.7m profit in the year to 31 Aug 2025.
Code Holdings Limited’s revenue grew 5% to £22.4m in the year to 31 Aug 2025, with £7.7m profit and 83 employees. The company is classified under “activities of other holding companies” and is based in Leicester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.6m | £17.7m | £21.3m | £22.4m |
| Cost of sales | £4.3k | £0 | — | — |
| Gross profit | £16.6m | £17.7m | — | — |
| Operating profit | £11.4m | £12.3m | £14.1m | £14.4m |
| Profit before tax | £42.3m | −£2.1m | −£1.5m | £10.3m |
| Profit after tax | £31m | −£1.5m | −£483k | £7.7m |
| Profit (best available) | £31m | −£1.5m | −£483k | £7.7m |
| Employees (average) | 64 | 74 | 81 | 83 |
| Ratios | ||||
| Profit margin | 186.5% | −8.7% | −2.3% | 34.2% |
| Gross margin | 100% | 100% | — | — |
| Revenue per employee | £260k | £239k | £263k | £270k |
| Profit per employee | £484k | −£20.8k | −£6k | £92.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.5% | ▲20.4% | ▲5.3% |
| Profit growth | — | ▼105% | — | — |
| Headcount growth | — | ▲15.6% | ▲9.5% | ▲2.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £105m | £105m | £109m | — |
| Fixed assets | £102m | £102m | £106m | — |
| Debtors | £0 | £0 | £0 | — |
| Deferred income | £0 | £0 | £0 | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 34.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £270k
- Revenue ÷ average employees.
- Profit per employee
- £92.5k
- 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
- ▲2%
- Now 83
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (8)
- Code Students LimitedRev. £19.4m · Profit −£10.6m
- A S Investments (Leicester) LtdFigures not disclosed
- Code Coventry (Gala) LimitedFigures not disclosed
- Code Coventry LimitedFigures not disclosed
- Code Liverpool LimitedFigures not disclosed
- Code Projects LimitedFigures not disclosed
- Code Students (Wellington Street) LimitedFigures not disclosed
- Welford Road Leicester Partnership LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Aug 2025 (profit £7.7m), from the Companies House accounts bulk data published Jun 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.