How much does Alchemy Technology Services Limited make?

Alchemy Technology Services Limited reported revenue of £20.3m and £950k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Alchemy Technology Services Limited have?

Alchemy Technology Services Limited reported an average of 156 employees in the year to 31 Dec 2024.

Is Alchemy Technology Services Limited profitable?

Yes — Alchemy Technology Services Limited reported a profit of £950k in the year to 31 Dec 2024.

Company No. 11100782 · Incorporated 7 Dec 2017

Alchemy Technology Services Limited

Registered name: ALCHEMY TECHNOLOGY SERVICES LIMITED

Part of Ntt, Inc. group

Alchemy Technology Services Limited made £20.3m revenue and £950k profit in the year to 31 Dec 2024.

Alchemy Technology Services Limited’s revenue grew 35% to £20.3m in the year to 31 Dec 2024, with £950k profit and 156 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 8 yrs · since 2017
Type: Private Limited Company

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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightDoing more with lessCash flow filed

Revenue

£20.3m

Growth ▲35.1%

Profit

£950k

Growth —

Profit margin

4.7%

Gross 27.3%

Employees

156

Change ▼4.3%

Profit / employee

£6.1k

Revenue/employee £130k

Profitable streak

1yr

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15m	£20.3m
Cost of sales	£12.2m	£14.8m
Gross profit	£2.8m	£5.5m
Operating profit	−£416k	£1.3m
Profit before tax	−£421k	£1.3m
Profit after tax	−£370k	£950k
Profit (best available)	−£370k	£950k
Staff costs	£8.7m	£9m
Employees (average)	163	156
Ratios
Profit margin	−2.5%	4.7%
Gross margin	18.6%	27.3%
Revenue per employee	£92.2k	£130k
Profit per employee	−£2.3k	£6.1k
Cash conversion	—	−142.1%
Growth (year on year)
Revenue growth	—	▲35.1%
Headcount growth	—	▼4.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£3.7m
Net assets	£2.2m	£3.1m
Fixed assets	£457k	£429k
Current assets	£3.9m	£6.5m
Debtors	£1.4m	£2.4m
Deferred income	£200k	£238k
Cash from operations	£457k	−£1.8m
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: 4.7%; Profit ÷ revenue.
Gross margin: 27.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £130k; Revenue ÷ average employees.
Profit per employee: £6.1k; Profit ÷ average employees.
Cash conversion: −142.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.9%; 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: ▲44%; Now £3.1m
Cash at bank: ▲79%; Now £3.7m
Headcount: ▼4%; Now 156
Deferred income: ▲19%; Now £238k
Fixed assets: ▼6%; Now £429k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Ntt, Inc. (registered outside the UK register)ultimate parent75–100%
NTT Limited75–100%
Alchemy Technology Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

Dimension Data Holdings LimitedFigures not disclosed
NTT Cloud Communications UK Ltd.Figures not disclosed
NTT Europe Ltd.Figures not disclosed
NTT Global Data Centers Emea Ltd.Figures not disclosed
NTT Global Data Centers Emea UK Ltd.Figures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £950k), from the Companies House accounts bulk data published Apr 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.