How much does Convergent Technology Limited make?

Convergent Technology Limited reported revenue of £21.5m and £1.3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Convergent Technology Limited have?

Convergent Technology Limited reported an average of 27 employees in the year to 31 Mar 2025.

Is Convergent Technology Limited profitable?

Yes — Convergent Technology Limited reported a profit of £1.3m in the year to 31 Mar 2025.

Company No. 10556915 · Incorporated 11 Jan 2017

Convergent Technology Limited

Registered name: CONVERGENT TECHNOLOGY LIMITED

Convergent Technology Limited made £21.5m revenue and £1.3m profit in the year to 31 Mar 2025.

Convergent Technology Limited’s revenue fell 9% to £21.5m in the year to 31 Mar 2025, with £1.3m profit and 27 employees. The company is classified under “other information technology service activities” and is based in London; we hold 4 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Independent

Revenue

£21.5m

Growth ▼9%

Profit

£1.3m

Growth ▲39.1%

Profit margin

5.9%

Gross 26.8%

Employees

Change ▼6.9%

Profit / employee

£47k

Revenue/employee £795k

Profitable streak

3yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£22.2m	£23.6m	£21.5m
Cost of sales	—	£17m	£18.2m	−£15.7m
Gross profit	—	£5.2m	£5.3m	£5.8m
Operating profit	—	£1.4m	£902k	£1.7m
Profit before tax	—	£1.4m	£910k	£1.7m
Profit after tax	—	£1.1m	£913k	£1.3m
Profit (best available)	—	£1.1m	£913k	£1.3m
Employees (average)	17	26	29	27
Ratios
Profit margin	—	5.2%	3.9%	5.9%
Gross margin	—	23.6%	22.6%	26.8%
Revenue per employee	—	£853k	£813k	£795k
Profit per employee	—	£44.1k	£31.5k	£47k
Cash conversion	—	145.5%	−28.1%	—
Growth (year on year)
Revenue growth	—	—	▲6.2%	▼9%
Profit growth	—	—	▼20.4%	▲39.1%
Headcount growth	—	▲52.9%	▲11.5%	▼6.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£903k	£2.4m	£1.4m	—
Net assets	£1.6m	£2.3m	£2.5m	—
Fixed assets	£114k	£109k	£151k	—
Current assets	£4.2m	£8.2m	£7.4m	—
Debtors	£2.2m	£3.4m	£3.7m	—
Deferred income	£462k	£1.1m	£1.2m	—
Cash from operations	—	£2m	−£253k	—
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Jun 2025	Accounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 5.9%; Profit ÷ revenue.
Gross margin: 26.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £795k; Revenue ÷ average employees.
Profit per employee: £47k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▼7%; Now 27
Deferred income: —; Now —
Fixed assets: —; Now —

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit £1.3m), 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.