How much does Expensemate Ltd make?

Expensemate Ltd reported revenue of £243k and £755k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Expensemate Ltd have?

Expensemate Ltd reported an average of 2 employees in the year to 31 Dec 2025.

Is Expensemate Ltd profitable?

Yes — Expensemate Ltd reported a profit of £755k in the year to 31 Dec 2025.

Company No. 12384812 · Incorporated 3 Jan 2020

Expensemate Ltd

Registered name: EXPENSEMATE LTD

Part of Done.Ai Group Ab group

Expensemate Ltd made £243k revenue and £755k profit in the year to 31 Dec 2025.

Expensemate Ltd’s revenue fell 18% to £243k in the year to 31 Dec 2025, with £755k profit and 2 employees. The company is classified under “other information technology service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: London, London
Age: 6 yrs · since 2020
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.

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

Small team

Revenue

£243k

Growth ▼18.1%

Profit

£755k

Growth —

Profit margin

310.8%

Gross 57%

Employees

Change 0%

Profit / employee

£377k

Revenue/employee £121k

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£296k	£243k
Cost of sales	—	—	£102k	£104k
Gross profit	—	—	£194k	£138k
Operating profit	—	—	−£102k	£817k
Profit before tax	—	—	−£215k	£755k
Profit after tax	—	—	−£215k	£755k
Profit (best available)	—	—	−£215k	£755k
Staff costs	—	—	£107k	£67.6k
Employees (average)	5	6	2	2
Ratios
Profit margin	—	—	−72.4%	310.8%
Gross margin	—	—	65.5%	57%
Revenue per employee	—	—	£148k	£121k
Profit per employee	—	—	−£107k	£377k
Growth (year on year)
Revenue growth	—	—	—	▼18.1%
Headcount growth	—	▲20%	▼66.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£0	£283k	£121k
Net assets	−£1m	−£1.3m	−£1.5m	−£721k
Current assets	£755k	£467k	£701k	£563k
Debtors	£618k	£286k	£386k	£436k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 310.8%; Profit ÷ revenue.
Gross margin: 57%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £121k; Revenue ÷ average employees.
Profit per employee: £377k; 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: 179.6%; 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 −£721k
Cash at bank: ▼57%; Now £121k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Done.Ai Group Ab (registered outside the UK register)ultimate parent75–100%
Expensemate 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £755k), from the Companies House accounts bulk data published Apr 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.