How much does Fomtech Limited make?

Fomtech Limited reported revenue of £398k and £12.9m profit in the year to 31 Aug 2024, according to its accounts filed at Companies House.

How many employees does Fomtech Limited have?

Fomtech Limited reported an average of 93 employees in the year to 31 Aug 2024.

Is Fomtech Limited profitable?

Yes — Fomtech Limited reported a profit of £12.9m in the year to 31 Aug 2024.

Company No. 10343956 · Incorporated 24 Aug 2016

Fomtech Limited

Registered name: FOMTECH LIMITED

Fomtech Limited made £398k revenue and £12.9m profit in the year to 31 Aug 2024.

Fomtech Limited’s revenue grew 333% to £398k in the year to 31 Aug 2024, with £12.9m profit and 93 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

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. From the filing: “Fomtech Limited”

Latest accounts · year to 31 Aug 2024

Key figures

Doing more with lessCash flow filed

Revenue

£398k

Growth ▲333.2%

Profit

£12.9m

Growth —

Profit margin

3238%

Employees

Change ▼1.1%

Profit / employee

£138k

Revenue/employee £4.3k

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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 Aug 2023	31 Aug 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£91.8k	£398k
Profit before tax	−£12.9m	−£13.2m
Profit after tax	−£12.4m	£12.9m
Profit (best available)	−£12.4m	£12.9m
Staff costs	£9.7m	£9.9m
Employees (average)	94	93
Ratios
Profit margin	−13536%	3238%
Revenue per employee	£976	£4.3k
Profit per employee	−£132k	£138k
Growth (year on year)
Revenue growth	—	▲333.2%
Headcount growth	—	▼1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.4m	£2.5m
Net assets	£9.5m	£11.5m
Fixed assets	£5.2m	£10m
Current assets	£5.8m	£3.5m
Debtors	£1.4m	£1.1m
Deferred income	£340k	£677k
Cash from operations	−£12m	−£10.5m
Source	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 3238%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £4.3k; Revenue ÷ average employees.
Profit per employee: £138k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2515%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 170.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 269%; 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: ▲21%; Now £11.5m
Cash at bank: ▼44%; Now £2.5m
Headcount: ▼1%; Now 93
Deferred income: ▲99%; Now £677k
Fixed assets: ▲92%; Now £10m

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

Subsidiaries (2)

Floww Markets LimitedFigures not disclosed
Floww Pool LimitedFigures not disclosed

Minority corporate shareholders

London Stock Exchange Group Holdings Limited 25–50%

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £12.9m), from the Companies House accounts bulk data published Aug 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.