How much does PDF-Xchange Co Ltd make?

PDF-Xchange Co Ltd reported revenue of £15.9m and £9.6m profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does PDF-Xchange Co Ltd have?

PDF-Xchange Co Ltd reported an average of 2 employees in the year to 30 Apr 2025.

Is PDF-Xchange Co Ltd profitable?

Yes — PDF-Xchange Co Ltd reported a profit of £9.6m in the year to 30 Apr 2025.

Company No. 11091579 · Incorporated 1 Dec 2017

PDF-Xchange Co Ltd

Registered name: PDF-XCHANGE CO LTD

PDF-Xchange Co Ltd made £15.9m revenue and £9.6m profit in the year to 30 Apr 2025.

PDF-Xchange Co Ltd’s revenue grew 15% to £15.9m in the year to 30 Apr 2025, with £9.6m profit and 2 employees. The company is classified under “business and domestic software development” and is based in Reigate; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Reigate, South East
Age: 8 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.

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: “Mr John Verbeeten.”

Latest accounts · year to 30 Apr 2025

Key figures

Small teamOperating leverageCash flow filed

Revenue

£15.9m

Growth ▲14.7%

Profit

£9.6m

Growth ▲14.7%

Profit margin

60.3%

Gross 90%

Employees

Change 0%

Profit / employee

£4.8m

Revenue/employee £7.9m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.8m	£13.8m	£15.9m
Cost of sales	£1.6m	£1.6m	£1.6m
Gross profit	£10.2m	£12.2m	£14.3m
Operating profit	£9.7m	£11.1m	£12.8m
Profit before tax	£9.7m	£11.1m	£12.8m
Profit after tax	£7.8m	£8.3m	£9.6m
Profit (best available)	£7.8m	£8.3m	£9.6m
Employees (average)	2	2	2
Ratios
Profit margin	66.4%	60.3%	60.3%
Gross margin	86.7%	88.4%	90%
Revenue per employee	£5.9m	£6.9m	£7.9m
Profit per employee	£3.9m	£4.2m	£4.8m
Cash conversion	62.7%	89.2%	74.2%
Growth (year on year)
Revenue growth	—	▲17.7%	▲14.7%
Profit growth	—	▲6.9%	▲14.7%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.5m	£9.5m	£12.9m
Net assets	£2.9m	£5.2m	£6.3m
Fixed assets	£2.1m	£2.1m	£2.1m
Current assets	£5.8m	£9.7m	£13.1m
Debtors	£195k	£175k	£171k
Deferred income	£3.5k	£15.5k	£17k
Cash from operations	£6.1m	£9.9m	£9.5m
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 60.3%; Profit ÷ revenue.
Gross margin: 90%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £7.9m; Revenue ÷ average employees.
Profit per employee: £4.8m; Profit ÷ average employees.
Cash conversion: 74.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.1%; 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: ▲21%; Now £6.3m
Cash at bank: ▲37%; Now £12.9m
Headcount: 0%; Now 2
Deferred income: ▲10%; Now £17k
Fixed assets: ▲0%; Now £2.1m

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 30 Apr 2025 (profit £9.6m), from the Companies House accounts bulk data published Jun 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.