How much does Currency Network Ltd make?

Currency Network Ltd reported revenue of £240k and a loss of £19.1k in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Currency Network Ltd have?

Currency Network Ltd reported an average of 1 employee in the year to 31 Jan 2025.

Is Currency Network Ltd profitable?

No — Currency Network Ltd reported a loss of £19.1k in the year to 31 Jan 2025.

Company No. 14603405 · Incorporated 19 Jan 2023

Currency Network Ltd

Registered name: CURRENCY NETWORK LTD

Currency Network Ltd made £240k revenue and a £19.1k loss in the year to 31 Jan 2025.

Currency Network Ltd’s revenue grew 200% to £240k in the year to 31 Jan 2025, with a loss of £19.1k and 1 employee. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities SIC 63110Data processing, hosting and related activities

Status: Active
Location: London, London
Age: 3 yrs · since 2023
Type: Private Limited Company

Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall teamCapital-light

Revenue

£240k

Growth ▲200%

Profit

−£19.1k

Growth —

Profit margin

−7.9%

Gross 100%

Employees

Change 0%

Profit / employee

−£19.1k

Revenue/employee £240k

Profitable streak

0yrs

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 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£80k	£240k
Cost of sales	£3.4k	—
Gross profit	£76.6k	£240k
Operating profit	−£116k	−£19.1k
Profit before tax	−£116k	−£19.1k
Profit after tax	−£116k	−£19.1k
Profit (best available)	−£116k	−£19.1k
Employees (average)	1	1
Ratios
Profit margin	−144.5%	−7.9%
Gross margin	95.8%	100%
Revenue per employee	£80k	£240k
Profit per employee	−£116k	−£19.1k
Growth (year on year)
Revenue growth	—	▲200%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£133	£22.6k
Net assets	−£40.6k	−£60.1k
Fixed assets	£2k	£1.9k
Current assets	£133	£22.6k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −7.9%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £240k; Revenue ÷ average employees.
Profit per employee: −£19.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 −£60.1k
Cash at bank: ▲16893%; Now £22.6k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▼3%; Now £1.9k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£19.1k), from the Companies House accounts bulk data published Mar 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.