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Company No. 11532640 · Incorporated 23 Aug 2018

Marqeta UK Ltd

Registered name: MARQETA UK LTD

Part of Marqeta, Inc. group

Marqeta UK Ltd made £13.8m revenue and £280k profit in the year to 31 Dec 2025.

Marqeta UK Ltd’s revenue grew 7% to £13.8m in the year to 31 Dec 2025, with £280k profit and 51 employees. The company is classified under “other service activities” and is based in Cheltenham; we hold 5 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Cheltenham, South West
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 2025

Key figures

Capital-light
Revenue
£13.8m
Growth ▲7.1%
Profit
£280k
Growth ▼19.1%
Profit margin
2%
 
Employees
51
Change ▲18.6%
Profit / employee
£5.5k
Revenue/employee £271k
Profitable streak
4yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureNo P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£11.1m£12.4m£12.9m£13.8m
Operating profit—£530k£608k£613k£658k
Profit before tax—£532k£627k£636k£673k
Profit after tax—£569k£504k£347k£280k
Profit (best available)—£569k£504k£347k£280k
Staff costs———£6.3m£7.5m
Employees (average)3039434351
Ratios
Profit margin—5.1%4.1%2.7%2%
Revenue per employee—£286k£289k£300k£271k
Profit per employee—£14.6k£11.7k£8.1k£5.5k
Growth (year on year)
Revenue growth——▲11.4%▲4%▲7.1%
Profit growth——▼11.4%▼31.3%▼19.1%
Headcount growth—▲30%▲10.3%0%▲18.6%
Balance sheet — indirect signals, not revenue
Cash at bank£2.1m£270k£425k£1.4m£2.1m
Net assets£3.8m£6.4m£9.8m£2.7m£3m
Fixed assets£6.3k£14k£6.9k£21.8k£11.8k
Current assets£5.5m£8.1m£10.7m£4.3m£4.8m
Debtors£3.5m£7.8m£10.3m£2.9m£2.7m
Deferred income£1.2m£1.5m£890k£1.3m£1.5m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£271k
Revenue ÷ average employees.
Profit per employee
£5.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
10.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
19.4%
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
▲10%
Now £3m
Cash at bank
▲52%
Now £2.1m
Headcount
▲19%
Now 51
Deferred income
▲16%
Now £1.5m
Fixed assets
▼46%
Now £11.8k

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

  1. Marqeta, Inc. (registered outside the UK register)ultimate parent75–100%
  2. Marqeta UK 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

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £280k), from the Companies House accounts bulk data published Sep 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.