Baems Limited
Registered name: BAEMS LIMITED
Baems Limited made £30m revenue and £1.3m profit in the year to 31 Jul 2025.
Baems Limited’s revenue grew 13% to £30m in the year to 31 Jul 2025, with £1.3m profit and 556 employees. The company is classified under “other human health activities” and is based in Exeter; we hold 4 years of its filed accounts.
- Status
- In Administration
- Location
- Exeter, South West
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £18.9m | £20.6m | £26.5m | £30m |
| Cost of sales | £12.7m | £14m | £18.2m | £20.3m |
| Gross profit | £6.1m | £6.6m | £8.4m | £9.7m |
| Operating profit | £2.9m | £2.4m | £2.2m | £2.8m |
| Profit before tax | £2.7m | £2m | £1.7m | £1.7m |
| Profit after tax | £2.2m | £1.5m | £1.4m | £1.3m |
| Profit (best available) | £2.2m | £1.5m | £1.4m | £1.3m |
| Staff costs | £9m | £10.7m | £15.1m | £17.9m |
| Employees (average) | 333 | 467 | 584 | 556 |
| Ratios | ||||
| Profit margin | 11.4% | 7.3% | 5.1% | 4.4% |
| Gross margin | 32.6% | 32% | 31.5% | 32.2% |
| Revenue per employee | £56.6k | £44.2k | £45.4k | £54k |
| Profit per employee | £6.5k | £3.2k | £2.3k | £2.4k |
| Cash conversion | 97.6% | 129.8% | 216.2% | 176% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9.4% | ▲28.5% | ▲13.1% |
| Profit growth | — | ▼29.8% | ▼9.7% | ▼2.2% |
| Headcount growth | — | ▲40.2% | ▲25.1% | ▼4.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £733k | £340k | £454k | £440k |
| Net assets | £4.1m | £3.9m | £3.6m | £3.5m |
| Fixed assets | £5.4m | £6.4m | £7.5m | £8.6m |
| Current assets | £5.6m | £5.9m | £5.4m | £6.6m |
| Debtors | £1.4m | £2.3m | £1.9m | £1.7m |
| Cash from operations | £2.8m | £3.1m | £4.7m | £4.9m |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 32.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £54k
- Revenue ÷ average employees.
- Profit per employee
- £2.4k
- Profit ÷ average employees.
- Cash conversion
- 176%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.6%
- 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
- ▼2%
- Now £3.5m
- Cash at bank
- ▼3%
- Now £440k
- Headcount
- ▼5%
- Now 556
- Deferred income
- —
- Now —
- Fixed assets
- ▲14%
- Now £8.6m
Group structure
Subsidiaries (4)
- Baems Events LimitedFigures not disclosed
- Baems Fleet LimitedFigures not disclosed
- Baems Medical LimitedFigures not disclosed
- Baems Training LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £1.3m), from the Companies House accounts bulk data published May 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.