Sphere Abacus Ltd
Registered name: SPHERE ABACUS LTD
Part of Sphere Abacus UK Ltd groupSphere Abacus Ltd made £27.9m revenue and a £8.7m loss in the year to 30 Apr 2025. read from filing text
Sphere Abacus Ltd’s revenue was £27.9m in the year to 30 Apr 2025, with a loss of £8.7m and 17 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £6.1m | £4.9m | £27.9m |
| Cost of sales | £711k | £693k | £19.5m |
| Gross profit | £5.4m | £4.2m | £8.5m |
| Operating profit | £2.3m | £316k | −£8.7m |
| Profit before tax | £2.4m | £834k | −£8.8m |
| Profit after tax | £2.1m | £596k | −£8.7m |
| Profit (best available) | £2.1m | £596k | −£8.7m |
| Staff costs | — | £1.5m | £2.3m |
| Employees (average) | 9 | 17 | 17 |
| Ratios | |||
| Profit margin | 35% | 12.1% | −31% |
| Gross margin | 88.3% | 85.9% | 30.3% |
| Revenue per employee | £675k | £289k | £1.6m |
| Profit per employee | £236k | £35k | −£509k |
| Growth (year on year) | |||
| Revenue growth | — | ▼19% | — |
| Profit growth | — | ▼72% | — |
| Headcount growth | — | ▲88.9% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.9m | £1.1m | £152k |
| Net assets | £4.8m | £5.4m | −£3.2m |
| Fixed assets | £3.7m | £4.2m | £18.6k |
| Current assets | £14.5m | £21.4m | — |
| Debtors | £134k | £65.3k | £0 |
| Deferred income | £9.9m | £5m | £7.8m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −31%
- Profit ÷ revenue.
- Gross margin
- 30.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.6m
- Revenue ÷ average employees.
- Profit per employee
- −£509k
- 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
- 27.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now −£3.2m
- Cash at bank
- —
- Now £152k
- Headcount
- —
- Now 17
- Deferred income
- —
- Now £7.8m
- Fixed assets
- —
- Now £18.6k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Sphere Abacus UK Ltdultimate parent75–100%
- Sphere Abacus Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Rocket Rights Booster LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£8.7m), 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.