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Company No. 11325201 · Incorporated 24 Apr 2018

Qahe Limited

Registered name: QAHE LIMITED

Part of Ichnaea UK Bidco Limited group

Qahe Limited made £131m revenue and £15.3m profit in the year to 31 May 2025.

Qahe Limited’s revenue was £131m in the year to 31 May 2025, with £15.3m profit and 639 employees. The company is classified under “other education” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85590Other education n.e.c.
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.

Latest accounts · year to 31 May 2025

Key figures

Revenue
£131m
Growth ▼0.4%
Profit
£15.3m
Growth ▼28.2%
Profit margin
11.7%
Gross 52.7%
Employees
639
Change ▲3.2%
Profit / employee
£23.9k
Revenue/employee £205k
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 to31 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£111m£132m£131m
Cost of sales−£49.6m−£61.3m−£62.1m
Gross profit£61.2m£70.5m£69.2m
Operating profit£28.8m£29.1m£22.1m
Profit before tax£28.2m£25.5m£20.4m
Profit after tax£28m£21.3m£15.3m
Profit (best available)£28m£21.3m£15.3m
Employees (average)535619639
Ratios
Profit margin25.3%16.2%11.7%
Gross margin55.2%53.5%52.7%
Revenue per employee£207k£213k£205k
Profit per employee£52.3k£34.4k£23.9k
Growth (year on year)
Revenue growth—▲18.9%▼0.4%
Profit growth—▼23.9%▼28.2%
Headcount growth—▲15.7%▲3.2%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jun 2025Accounts · bulk data Jun 2025Accounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
11.7%
Profit ÷ revenue.
Gross margin
52.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£205k
Revenue ÷ average employees.
Profit per employee
£23.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲3%
Now 639
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Ichnaea UK Bidco Limitedultimate parent75–100%
  2. Seckloe 208 Limited75–100%
  3. Qahe Holdings Limited75–100%
  4. Qahe Limitedthis company

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

Subsidiaries (10)

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 May 2025 (profit £15.3m), from the Companies House accounts bulk data published Dec 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.