How much does Ballinger & Co. Ltd make?

Ballinger & Co. Ltd reported revenue of £29.7m and £8.6m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ballinger & Co. Ltd have?

Ballinger & Co. Ltd reported an average of 36 employees in the year to 31 Dec 2023.

Is Ballinger & Co. Ltd profitable?

Yes — Ballinger & Co. Ltd reported a profit of £8.6m in the year to 31 Dec 2023.

Company No. 11401151 · Incorporated 6 Jun 2018

Ballinger & Co. Ltd

Registered name: BALLINGER & CO. LTD

Part of Ballinger Group Holdings (UK) Ltd group

Ballinger & Co. Ltd made £29.7m revenue and £8.6m profit in the year to 31 Dec 2023.

Ballinger & Co. Ltd’s revenue grew 60% to £29.7m in the year to 31 Dec 2023, with £8.6m profit and 36 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities 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 Dec 2023

Key figures

Capital-lightOperating leverage

Revenue

£29.7m

Growth ▲59.7%

Profit

£8.6m

Growth ▲288.6%

Profit margin

29.1%

Gross 55.2%

Employees

Change ▲33.3%

Profit / employee

£240k

Revenue/employee £825k

Profitable streak

2yrs

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 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.6m	£29.7m
Cost of sales	£11.7m	£13.3m
Gross profit	£6.9m	£16.4m
Operating profit	£2.7m	£10.3m
Profit before tax	£2.7m	£11.2m
Profit after tax	£2.2m	£8.6m
Profit (best available)	£2.2m	£8.6m
Employees (average)	27	36
Ratios
Profit margin	11.9%	29.1%
Gross margin	37.1%	55.2%
Revenue per employee	£689k	£825k
Profit per employee	£82.3k	£240k
Growth (year on year)
Revenue growth	—	▲59.7%
Profit growth	—	▲288.6%
Headcount growth	—	▲33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.6m	£7.8m
Net assets	£6.3m	£15.4m
Fixed assets	£562k	£783k
Current assets	£17m	£42.4m
Debtors	£12.3m	£32m
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 29.1%; Profit ÷ revenue.
Gross margin: 55.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £825k; Revenue ÷ average employees.
Profit per employee: £240k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 107.7%; 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: ▲145%; Now £15.4m
Cash at bank: ▲117%; Now £7.8m
Headcount: ▲33%; Now 36
Deferred income: —; Now —
Fixed assets: ▲39%; Now £783k

Corporate ownership

Group structure

Ownership chain

Ballinger Group Holdings (UK) Ltdultimate parent75–100%
Ballinger & Co. Ltdthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £8.6m), from the Companies House accounts bulk data published Jan 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.