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Company No. 10630643 · Incorporated 21 Feb 2017

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.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities
Status
In Administration
Location
Exeter, South West
Age
9 yrs · since 2017
Type
Private Limited Company
Latest accounts · year to 31 Jul 2025

Key figures

IndependentDoing more with lessCash flow filed
Revenue
£30m
Growth ▲13.1%
Profit
£1.3m
Growth ▼2.2%
Profit margin
4.4%
Gross 32.2%
Employees
556
Change ▼4.8%
Profit / employee
£2.4k
Revenue/employee £54k
Profitable streak
4yrs
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 to31 Jul 202231 Jul 202331 Jul 202431 Jul 2025
DisclosureFull P&LFull P&LFull P&LFull 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)333467584556
Ratios
Profit margin11.4%7.3%5.1%4.4%
Gross margin32.6%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 conversion97.6%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
SourceAccounts · bulk data Apr 2024Accounts · bulk data Apr 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data May 2026
Derived from the latest filing

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.
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
▼2%
Now £3.5m
Cash at bank
▼3%
Now £440k
Headcount
▼5%
Now 556
Deferred income
—
Now —
Fixed assets
▲14%
Now £8.6m
Corporate ownership

Group structure

Subsidiaries (4)

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.