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Company No. 11564490 · Incorporated 12 Sep 2018

Harness Group UK Limited

Registered name: HARNESS GROUP UK LIMITED

Harness Group UK Limited made £15.5m revenue and £829k profit in the year to 31 Jan 2025.

Harness Group UK Limited’s revenue grew 42% to £15.5m in the year to 31 Jan 2025, with £829k profit and 65 employees. The company is classified under “business and domestic software development” and is based in Cheltenham; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
Cheltenham, South West
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentCapital-lightOperating leverage
Revenue
£15.5m
Growth ▲42.1%
Profit
£829k
Growth ▲85.9%
Profit margin
5.3%
 
Employees
65
Change ▲4.8%
Profit / employee
£12.8k
Revenue/employee £239k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Jan 202431 Jan 2025
DisclosureNo P&LProfit onlyFull P&LFull P&L
Profit & loss
Revenue (turnover)——£10.9m£15.5m
Operating profit——£806k£1.1m
Profit before tax——£809k£1.2m
Profit after tax—£534k£446k£829k
Profit (best available)—£534k£446k£829k
Staff costs——£8.3m£11.4m
Employees (average)36666265
Ratios
Profit margin——4.1%5.3%
Revenue per employee——£176k£239k
Profit per employee—£8.1k£7.2k£12.8k
Growth (year on year)
Revenue growth———▲42.1%
Profit growth——▼16.5%▲85.9%
Headcount growth—▲83.3%▼6.1%▲4.8%
Balance sheet — indirect signals, not revenue
Cash at bank£218k£657k£857k£366k
Net assets£1m£2.2m£3.2m£4.4m
Fixed assets£76.7k£248k£139k£98k
Current assets£1.2m£2.3m£4.3m£6.8m
Debtors£969k£1.7m£3.4m£6.4m
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2026FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
5.3%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£239k
Revenue ÷ average employees.
Profit per employee
£12.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
41.5%
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
▲38%
Now £4.4m
Cash at bank
▼57%
Now £366k
Headcount
▲5%
Now 65
Deferred income
—
Now —
Fixed assets
▼30%
Now £98k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £829k), from the Companies House accounts bulk data published Jan 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.