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Company No. NI659107 · Incorporated 18 Feb 2019

Eso Solutions UK Ltd

Registered name: ESO SOLUTIONS UK LTD

Eso Solutions UK Ltd made £13.2m revenue and £636k profit in the year to 31 Dec 2024.

Eso Solutions UK Ltd’s revenue grew 15% to £13.2m in the year to 31 Dec 2024, with £636k profit and 137 employees. The company is classified under “business and domestic software development” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
Belfast, Northern Ireland
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed
Revenue
£13.2m
Growth ▲15.4%
Profit
£636k
Growth ▼34.6%
Profit margin
4.8%
Gross 98.5%
Employees
137
Change ▲21.2%
Profit / employee
£4.6k
Revenue/employee £96.4k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£11.4m£13.2m
Cost of sales—£17.3k£198k
Gross profit—£11.4m£13m
Operating profit—£1.3m£796k
Profit before tax—£1.3m£796k
Profit after tax—£973k£636k
Profit (best available)—£973k£636k
Staff costs—£7.5m£9.4m
Employees (average)88113137
Ratios
Profit margin—8.5%4.8%
Gross margin—99.9%98.5%
Revenue per employee—£101k£96.4k
Profit per employee—£8.6k£4.6k
Cash conversion—−5.8%14.5%
Growth (year on year)
Revenue growth——▲15.4%
Profit growth——▼34.6%
Headcount growth—▲28.4%▲21.2%
Balance sheet — indirect signals, not revenue
Cash at bank£368k£219k£234k
Net assets£1.9m£2.9m£3.5m
Fixed assets£1.1m£919k£793k
Current assets£2.2m£3.6m£4.5m
Debtors£72.5k£169k£169k
Deferred income£314k£329k£328k
Cash from operations—−£73.4k£115k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
4.8%
Profit ÷ revenue.
Gross margin
98.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£96.4k
Revenue ÷ average employees.
Profit per employee
£4.6k
Profit ÷ average employees.
Cash conversion
14.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.3%
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
▲22%
Now £3.5m
Cash at bank
▲7%
Now £234k
Headcount
▲21%
Now 137
Deferred income
▼0%
Now £328k
Fixed assets
▼14%
Now £793k

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 2024 (profit £636k), 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.