How much does Sandvine Holdings UK Limited make?

Sandvine Holdings UK Limited reported revenue of £2.9m and a loss of £96.5m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Sandvine Holdings UK Limited have?

Sandvine Holdings UK Limited reported an average of 0 employees in the year to 31 Dec 2024.

Is Sandvine Holdings UK Limited profitable?

No — Sandvine Holdings UK Limited reported a loss of £96.5m in the year to 31 Dec 2024.

Company No. 10533653 · Incorporated 20 Dec 2016

Sandvine Holdings UK Limited

Registered name: SANDVINE HOLDINGS UK LIMITED

Sandvine Holdings UK Limited made £2.9m revenue and a £96.5m loss in the year to 31 Dec 2024.

Sandvine Holdings UK Limited’s revenue was £2.9m in the year to 31 Dec 2024, with a loss of £96.5m and 0 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active
Location: London, London
Age: 9 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: “Procera II LP (Cayman)”

Latest accounts · year to 31 Dec 2024

Key figures

Small team

Revenue

£2.9m

Growth 0%

Profit

−£96.5m

Growth —

Profit margin

−3313%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.9m	£2.9m	£2.9m
Gross profit	£2.9m	£2.9m	—
Operating profit	−£6.2m	£212k	−£86.9m
Profit before tax	−£9.9m	−£9.9m	−£96.5m
Profit after tax	−£10m	−£9.9m	−£96.5m
Profit (best available)	−£10m	−£9.9m	−£96.5m
Employees (average)	0	0	0
Ratios
Profit margin	−343.6%	−340.6%	−3313%
Gross margin	100%	100%	—
Growth (year on year)
Revenue growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£27.4k	£105k	£32.3k
Net assets	£75.7m	£65.8m	−£95.2m
Fixed assets	£175m	£173m	£20.9m
Current assets	£159k	£506k	£40k
Debtors	£131k	£401k	£7.7k
Deferred income	£10.4k	£11.4k	£59.4k
Source	Accounts · bulk data Dec 2024	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −3313%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 718.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: ▼245%; Now −£95.2m
Cash at bank: ▼69%; Now £32.3k
Headcount: —; Now 0
Deferred income: ▲421%; Now £59.4k
Fixed assets: ▼88%; Now £20.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£96.5m), from the Companies House accounts bulk data published Dec 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.