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Company No. NI659840 · Incorporated 15 Mar 2019

Glofox UK Limited

Registered name: GLOFOX UK LIMITED

Glofox UK Limited made £2.8m revenue and £67.5k profit in the year to 31 Dec 2024.

Glofox UK Limited’s revenue grew 20% to £2.8m in the year to 31 Dec 2024, with £67.5k profit and 16 employees. The company is classified under “business and domestic software development” and is based in Belfast; we hold 2 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

IndependentOperating leverageDoing more with less
Revenue
£2.8m
Growth ▲20.1%
Profit
£67.5k
Growth ▲67.6%
Profit margin
2.4%
Gross 63.6%
Employees
16
Change ▼11.1%
Profit / employee
£4.2k
Revenue/employee £176k
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 to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.3m£2.8m
Cost of sales−£564k−£1m
Gross profit£1.8m£1.8m
Operating profit£55.1k£83.3k
Profit before tax£55.1k£83.3k
Profit after tax£40.3k£67.5k
Profit (best available)£40.3k£67.5k
Employees (average)1816
Ratios
Profit margin1.7%2.4%
Gross margin75.9%63.6%
Revenue per employee£130k£176k
Profit per employee£2.2k£4.2k
Growth (year on year)
Revenue growth—▲20.1%
Profit growth—▲67.6%
Headcount growth—▼11.1%
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
2.4%
Profit ÷ revenue.
Gross margin
63.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£176k
Revenue ÷ average employees.
Profit per employee
£4.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
▼11%
Now 16
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit £67.5k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.