How much does Candio Limited make?

Candio Limited reported revenue of £2.7m and £447k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Candio Limited have?

Candio Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is Candio Limited profitable?

Yes — Candio Limited reported a profit of £447k in the year to 31 Dec 2024.

Company No. 12627435 · Incorporated 27 May 2020

Candio Limited

Registered name: CANDIO LIMITED

Part of Gamma Communications PLC group

Candio Limited made £2.7m revenue and £447k profit in the year to 31 Dec 2024.

Candio Limited’s revenue fell 3% to £2.7m in the year to 31 Dec 2024, with £447k profit and 2 employees. The company is classified under “other telecommunications activities” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active
Location: Manchester, North West
Age: 6 yrs · since 2020
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 2024

Key figures

Small teamYoung and profitable

Revenue

£2.7m

Growth ▼3.1%

Profit

£447k

Growth ▼19.6%

Profit margin

16.8%

Gross 33.4%

Employees

Change 0%

Profit / employee

£224k

Revenue/employee £1.3m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.6m	£2.8m	£2.7m
Cost of sales	£1.2m	£2m	£1.8m
Gross profit	£415k	£736k	£890k
Operating profit	£370k	£556k	£770k
Profit before tax	£370k	£556k	£770k
Profit after tax	£300k	£556k	£447k
Profit (best available)	£300k	£556k	£447k
Staff costs	£0	£126k	£88.1k
Employees (average)	0	2	2
Ratios
Profit margin	18.4%	20.2%	16.8%
Gross margin	25.5%	26.8%	33.4%
Revenue per employee	—	£1.4m	£1.3m
Profit per employee	—	£278k	£224k
Growth (year on year)
Revenue growth	—	—	▼3.1%
Profit growth	—	—	▼19.6%
Headcount growth	—	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.9k	£34	£117k
Net assets	£277k	£833k	£1.3m
Current assets	£921k	£1.6m	£2.1m
Debtors	£12.7k	£27.3k	£0
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 16.8%; Profit ÷ revenue.
Gross margin: 33.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3m; Revenue ÷ average employees.
Profit per employee: £224k; 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: 0%; 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: ▲54%; Now £1.3m
Cash at bank: ▲344003%; Now £117k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Gamma Communications PLCultimate parent75–100%
Gamma Group Holdings Limited75–100%
Gamma Telecom Holdings Limited75–100%
Enablex Group Limited75–100%
Pragma Group Limited75–100%
Candio Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Pragma Distribution LimitedRev. £11.7m · Profit £914k

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 2024 (profit £447k), from the Companies House accounts bulk data published Sep 2025. 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.