How much does Cloudsmith Ltd make?

Cloudsmith Ltd reported revenue of £8.5m and a loss of £11.2m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cloudsmith Ltd have?

Cloudsmith Ltd reported an average of 92 employees in the year to 31 Dec 2025.

Is Cloudsmith Ltd profitable?

No — Cloudsmith Ltd reported a loss of £11.2m in the year to 31 Dec 2025.

Company No. NI653568 · Incorporated 8 Jun 2018

Cloudsmith Ltd

Registered name: CLOUDSMITH LTD

Cloudsmith Ltd made £8.5m revenue and a £11.2m loss in the year to 31 Dec 2025.

Cloudsmith Ltd’s revenue grew 94% to £8.5m in the year to 31 Dec 2025, with a loss of £11.2m and 92 employees. The company is classified under “business and domestic software development” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities

Status: Active
Location: Belfast, Northern Ireland
Age: 8 yrs · since 2018
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: “Cloudsmith Inc.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£8.5m

Growth ▲94.3%

Profit

−£11.2m

Growth —

Profit margin

−132.2%

Gross 66.9%

Employees

Change ▲109.1%

Profit / employee

−£122k

Revenue/employee £92.1k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£4.4m	£8.5m
Cost of sales	—	—	£1.4m	£2.8m
Gross profit	—	—	£3m	£5.7m
Operating profit	—	—	−£6.9m	−£11.3m
Profit before tax	—	—	−£6.5m	−£11m
Profit after tax	—	—	−£5.7m	−£11.2m
Profit (best available)	—	—	−£5.7m	−£11.2m
Employees (average)	28	29	44	92
Ratios
Profit margin	—	—	−131.9%	−132.2%
Gross margin	—	—	69%	66.9%
Revenue per employee	—	—	£99.1k	£92.1k
Profit per employee	—	—	−£131k	−£122k
Growth (year on year)
Revenue growth	—	—	—	▲94.3%
Headcount growth	—	▲3.6%	▲51.7%	▲109.1%
Balance sheet — indirect signals, not revenue
Cash at bank	—	—	£10m	£445k
Net assets	—	£14.4m	£8.7m	−£2.4m
Fixed assets	£76.6k	£91.4k	£184k	£229k
Current assets	£8.4m	£15.9m	£12.4m	£5.3m
Debtors	—	£172k	£965k	£2.7m
Deferred income	—	—	£3m	£6m
Source	Abridged Unaudited Financial Statements · bulk data Sep 2024	Abridged Unaudited Financial Statements · bulk data Sep 2024	Unaudited Financial Statements · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −132.2%; Profit ÷ revenue.
Gross margin: 66.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £92.1k; Revenue ÷ average employees.
Profit per employee: −£122k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 70.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 31.9%; 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: ▼128%; Now −£2.4m
Cash at bank: ▼96%; Now £445k
Headcount: ▲109%; Now 92
Deferred income: ▲97%; Now £6m
Fixed assets: ▲24%; Now £229k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£11.2m), from the Companies House accounts bulk data published Sep 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.