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Company No. 14552540 · Incorporated 21 Dec 2022

Codec Solutions UK Limited

Registered name: CODEC SOLUTIONS UK LIMITED

Codec Solutions UK Limited made £2.7m revenue and £157k profit in the year to 31 Jul 2025.

Codec Solutions UK Limited’s revenue fell 51% to £2.7m in the year to 31 Jul 2025, with £157k profit and 29 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
London, London
Age
3 yrs · since 2022
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. From the filing: “Codec Systems Limited”

Latest accounts · year to 31 Jul 2025

Key figures

Capital-lightYoung and profitable
Revenue
£2.7m
Growth ▼50.6%
Profit
£157k
Growth ▼43.5%
Profit margin
5.8%
Gross 1.9%
Employees
29
Change ▲26.1%
Profit / employee
£5.4k
Revenue/employee £94k
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 to20 Dec 202231 Jul 202331 Jul 202431 Jul 2025
DisclosureNo P&LProfit onlyFull P&LFull P&L
Profit & loss
Revenue (turnover)——£5.5m£2.7m
Cost of sales——£2.2m£2.7m
Gross profit——£3.3m£52.5k
Operating profit——£264k£291k
Profit before tax——£278k£296k
Profit after tax—£10.8k£278k£157k
Profit (best available)—£10.8k£278k£157k
Employees (average)002329
Ratios
Profit margin——5%5.8%
Gross margin——60.4%1.9%
Revenue per employee——£240k£94k
Profit per employee——£12.1k£5.4k
Growth (year on year)
Revenue growth———▼50.6%
Profit growth———▼43.5%
Headcount growth———▲26.1%
Balance sheet — indirect signals, not revenue
Cash at bank—£1.3k£1.3m£71.2k
Net assets—£116k£394k£552k
Fixed assets—£111k£109k£108k
Current assets—£1.1m£2.1m£1.2m
Debtors—£1m£552k£672k
Deferred income—£0£136k£327k
SourceAccounts · bulk data Apr 2024Accounts · bulk data Apr 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
5.8%
Profit ÷ revenue.
Gross margin
1.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£94k
Revenue ÷ average employees.
Profit per employee
£5.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
12%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
24.6%
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
▲40%
Now £552k
Cash at bank
▼95%
Now £71.2k
Headcount
▲26%
Now 29
Deferred income
▲141%
Now £327k
Fixed assets
▼1%
Now £108k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £157k), 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.