How much does Ware-Cycle Limited make?

Ware-Cycle Limited reported revenue of £2.1m and £284k profit in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does Ware-Cycle Limited have?

Ware-Cycle Limited reported an average of 4 employees in the year to 31 Jan 2026.

Is Ware-Cycle Limited profitable?

Yes — Ware-Cycle Limited reported a profit of £284k in the year to 31 Jan 2026.

Company No. 13826531 · Incorporated 4 Jan 2022

Ware-Cycle Limited

Registered name: WARE-CYCLE LIMITED

Ware-Cycle Limited made £2.1m revenue and £284k profit in the year to 31 Jan 2026.

Ware-Cycle Limited’s revenue grew 145% to £2.1m in the year to 31 Jan 2026, with £284k profit and 4 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities SIC 62090Other information technology service activities

Status: Active
Location: London, London
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 31 Jan 2026

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£2.1m

Growth ▲144.8%

Profit

£284k

Growth ▲113.8%

Profit margin

13.4%

Gross 23.5%

Employees

Change ▲33.3%

Profit / employee

£71k

Revenue/employee £531k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2025	31 Jan 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£867k	£2.1m
Cost of sales	£642k	£1.6m
Gross profit	£225k	£499k
Profit before tax	£176k	£383k
Profit after tax	£133k	£284k
Profit (best available)	£133k	£284k
Employees (average)	3	4
Ratios
Profit margin	15.3%	13.4%
Gross margin	26%	23.5%
Revenue per employee	£289k	£531k
Profit per employee	£44.3k	£71k
Growth (year on year)
Revenue growth	—	▲144.8%
Profit growth	—	▲113.8%
Headcount growth	—	▲33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£171k	£544k
Net assets	£180k	£386k
Fixed assets	£1.2k	£4k
Current assets	£537k	£663k
Debtors	£366k	£117k
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 13.4%; Profit ÷ revenue.
Gross margin: 23.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £531k; Revenue ÷ average employees.
Profit per employee: £71k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.5%; 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: ▲114%; Now £386k
Cash at bank: ▲218%; Now £544k
Headcount: ▲33%; Now 4
Deferred income: —; Now —
Fixed assets: ▲245%; Now £4k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £284k), from the Companies House accounts bulk data published Mar 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.