Kvasir Technologies Ltd
Registered name: KVASIR TECHNOLOGIES LTD
Kvasir Technologies Ltd made £6.1m revenue and £1.9m profit in the year to 31 Mar 2026. read from filing text
Kvasir Technologies Ltd’s revenue grew 92% to £6.1m in the year to 31 Mar 2026, with £1.9m profit and 8 employees. The company is classified under “trade of electricity” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £58.2k | £550k | £3.2m | £6.1m |
| Cost of sales | £0 | £1.4m | £463k | £1.2m |
| Gross profit | £58.2k | −£801k | £2.7m | £4.9m |
| Operating profit | −£2.3m | −£3.3m | £761k | £2.6m |
| Profit before tax | −£2.3m | −£3.3m | £750k | £2.6m |
| Profit after tax | −£2m | −£3.1m | £1.9m | £1.9m |
| Profit (best available) | −£2m | −£3.1m | £1.9m | £1.9m |
| Staff costs | £1.6m | £1.7m | £1.8m | £2.1m |
| Employees (average) | 9 | 9 | 8 | 8 |
| Ratios | ||||
| Profit margin | −3521% | −567.8% | 58.7% | 31.6% |
| Gross margin | 100% | −145.6% | 85.5% | 80.9% |
| Revenue per employee | £6.5k | £61.1k | £398k | £763k |
| Profit per employee | −£228k | −£347k | £234k | £241k |
| Cash conversion | — | — | 118.6% | −45.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲845.2% | ▲479% | ▲91.7% |
| Profit growth | — | — | — | ▲3.4% |
| Headcount growth | — | 0% | ▼11.1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £1.8m | £1.2m | £2.1m |
| Net assets | £3.1m | £2.1m | £4m | £5.9m |
| Fixed assets | £10.8k | £16.5k | — | — |
| Current assets | £3.2m | £2.3m | £4.4m | £6.1m |
| Debtors | £68.5k | £0 | £3.3m | £3.9m |
| Deferred income | £15.2k | £18.3k | £40.3k | £18.3k |
| Cash from operations | £2.9m | £2.3m | £902k | −£1.2m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 31.6%
- Profit ÷ revenue.
- Gross margin
- 80.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £763k
- Revenue ÷ average employees.
- Profit per employee
- £241k
- Profit ÷ average employees.
- Cash conversion
- −45.6%
- 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
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 64.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▲49%
- Now £5.9m
- Cash at bank
- ▲84%
- Now £2.1m
- Headcount
- 0%
- Now 8
- Deferred income
- ▼55%
- Now £18.3k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.9m), 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.