Halo Service Solutions Ltd
Registered name: HALO SERVICE SOLUTIONS LTD
Halo Service Solutions Ltd made £48.8m revenue and £14.4m profit in the year to 31 Mar 2025.
Halo Service Solutions Ltd’s revenue grew 65% to £48.8m in the year to 31 Mar 2025, with £14.4m profit and 135 employees. The company is classified under “other information technology service activities” and is based in Ardgay; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ardgay, Scotland
- Age
- 25 yrs · since 2001
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £21.7m | £29.7m | £48.8m |
| Cost of sales | — | £12.2m | £7.7m | £10.2m |
| Gross profit | — | £9.5m | £22m | £38.7m |
| Operating profit | — | −£191k | £2.9m | £19.2m |
| Profit before tax | — | £395k | £4m | £19.2m |
| Profit after tax | — | £302k | £3m | £14.4m |
| Profit (best available) | — | £302k | £3m | £14.4m |
| Staff costs | — | £3.4m | £5.6m | £8.1m |
| Employees (average) | 45 | 48 | 96 | 135 |
| Ratios | ||||
| Profit margin | — | 1.4% | 10.2% | 29.4% |
| Gross margin | — | 43.7% | 74% | 79.2% |
| Revenue per employee | — | £452k | £309k | £362k |
| Profit per employee | — | £6.3k | £31.4k | £106k |
| Cash conversion | — | — | −254.3% | −87% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲36.8% | ▲64.7% |
| Profit growth | — | — | ▲899.4% | ▲376.3% |
| Headcount growth | — | ▲6.7% | ▲100% | ▲40.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6m | £10.6m | £15m | £8.7m |
| Net assets | £2.7m | £1.3m | £4.7m | £9m |
| Fixed assets | £1.2m | £1.3m | £1.6m | £1.5m |
| Current assets | £11.2m | £17.9m | £34.8m | £54.1m |
| Debtors | £5.2m | £7.2m | £13m | £24.8m |
| Deferred income | — | £0 | £11.3m | — |
| Cash from operations | — | −£6.8m | −£7.3m | −£16.7m |
| Source | AbridgedAccounts · bulk data Jun 2024 | AbridgedAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 29.4%
- Profit ÷ revenue.
- Gross margin
- 79.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £362k
- Revenue ÷ average employees.
- Profit per employee
- £106k
- Profit ÷ average employees.
- Cash conversion
- −87%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 50.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▲94%
- Now £9m
- Cash at bank
- ▼42%
- Now £8.7m
- Headcount
- ▲41%
- Now 135
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £1.5m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £14.4m), from the Companies House accounts bulk data published Mar 2026. 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.