Adex Holdings Limited
Registered name: ADEX HOLDINGS LIMITED
Adex Holdings Limited made £6.7m revenue and £178k profit in the year to 31 Jan 2026. read from filing text
Adex Holdings Limited’s revenue grew 68% to £6.7m in the year to 31 Jan 2026, with £178k profit and 3 employees. The company is classified under “activities of other holding companies” and is based in Leighton Buzzard; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Leighton Buzzard, East of England
- Age
- 9 yrs · since 2017
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £3.6m | £4.5m | £4.4m | £4m | £6.7m |
| Cost of sales | £2.7m | £3.4m | £3.3m | £2.8m | £5.4m |
| Gross profit | £948k | £1.1m | £1.1m | £1.2m | £1.4m |
| Operating profit | £182k | £138k | £66.4k | £60.5k | £307k |
| Profit before tax | £161k | £126k | £44.8k | £7.3k | £277k |
| Profit after tax | £109k | £79.7k | £426 | −£26.5k | £178k |
| Profit (best available) | £109k | £79.7k | £426 | −£26.5k | £178k |
| Employees (average) | 3 | 3 | 3 | 3 | 3 |
| Ratios | |||||
| Profit margin | 3% | 1.8% | 0% | −0.7% | 2.6% |
| Gross margin | 26.1% | 24.1% | 25.7% | 29.3% | 20.2% |
| Revenue per employee | £1.2m | £1.5m | £1.5m | £1.3m | £2.2m |
| Profit per employee | £36.2k | £26.6k | £142 | −£8.8k | £59.3k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲25% | ▼2.4% | ▼9.9% | ▲68.1% |
| Profit growth | — | ▼26.6% | ▼99.5% | ▼6313% | — |
| Headcount growth | — | 0% | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £40 | £40 | £40 | £40 | £40 |
| Net assets | £275k | £352k | £330k | £289k | £258k |
| Fixed assets | £666k | £666k | £666k | £666k | £666k |
| Current assets | £999k | £1.1m | £1.1m | £1.1m | £1.1m |
| Debtors | £0 | £0 | £0 | £0 | £0 |
| Deferred income | £1.5k | £1.5k | £1.5k | £778 | £1.2k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 20.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.2m
- Revenue ÷ average employees.
- Profit per employee
- £59.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼11%
- Now £258k
- Cash at bank
- 0%
- Now £40
- Headcount
- 0%
- Now 3
- Deferred income
- ▲56%
- Now £1.2k
- Fixed assets
- 0%
- Now £666k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Howard Sandcliffe Investments 3 LimitedRev. £6.7m · Profit £158k
- Alternative Derivatives Exchange LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £178k), from the Companies House accounts bulk data published Jun 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.