How much does Kernel Limited make?

Kernel Limited reported revenue of £221k and a loss of £622k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Kernel Limited have?

Kernel Limited reported an average of 23 employees in the year to 31 Dec 2025.

Is Kernel Limited profitable?

No — Kernel Limited reported a loss of £622k in the year to 31 Dec 2025.

Company No. 11283183 · Incorporated 29 Mar 2018

Kernel Limited

Registered name: KERNEL LIMITED

Part of Kernel Equityco Limited group

Kernel Limited made £221k revenue and a £622k loss in the year to 31 Dec 2025.

Kernel Limited’s revenue grew 80% to £221k in the year to 31 Dec 2025, with a loss of £622k and 23 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: London, London
Age: 8 yrs · since 2018
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. From the filing: “Kernel Bidco Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£221k

Growth ▲79.6%

Profit

−£622k

Growth —

Profit margin

−282%

Gross 90.3%

Employees

Change ▲4.5%

Profit / employee

−£27k

Revenue/employee £9.6k

Profitable streak

0yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£123k	£221k
Cost of sales	—	—	£0	£21.5k
Gross profit	—	—	£123k	£199k
Operating profit	—	—	−£387k	−£190k
Profit before tax	—	—	−£737k	−£660k
Profit after tax	−£1.5k	£1m	−£2m	−£622k
Profit (best available)	−£1.5k	£1m	−£2m	−£622k
Staff costs	—	—	£1.9m	£2.6m
Employees (average)	0	0	22	23
Ratios
Profit margin	—	—	−1596%	−282%
Gross margin	—	—	100%	90.3%
Revenue per employee	—	—	£5.6k	£9.6k
Profit per employee	—	—	−£89.1k	−£27k
Growth (year on year)
Revenue growth	—	—	—	▲79.6%
Profit growth	—	—	▼290.6%	—
Headcount growth	—	—	—	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	—	—	£74.3k	£136k
Net assets	£5.6m	£7.1m	£5.2m	£4.5m
Fixed assets	—	—	£11.1m	£9.3m
Current assets	—	—	£1.9m	£4.8m
Debtors	—	—	£48.5k	£56.8k
Deferred income	—	—	£249k	£668k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2026	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −282%; Profit ÷ revenue.
Gross margin: 90.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £9.6k; Revenue ÷ average employees.
Profit per employee: −£27k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4237%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 302.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.8%; 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: ▼12%; Now £4.5m
Cash at bank: ▲83%; Now £136k
Headcount: ▲5%; Now 23
Deferred income: ▲168%; Now £668k
Fixed assets: ▼16%; Now £9.3m

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

Kernel Equityco Limitedultimate parent75–100%
Kernel Bidco Limited75–100%
Kernel Limitedthis company

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

Subsidiaries (2)

Granite Midco LimitedRev. — · Profit −£2.9k
Granite Trustee 1 LimitedFigures 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 2025 (profit −£622k), from the Companies House accounts bulk data published Aug 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.