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Company No. SC216980 · Incorporated 19 Mar 2001

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.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Ardgay, Scotland
Age
25 yrs · since 2001
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£48.8m
Growth ▲64.7%
Profit
£14.4m
Growth ▲376.3%
Profit margin
29.4%
Gross 79.2%
Employees
135
Change ▲40.6%
Profit / employee
£106k
Revenue/employee £362k
Profitable streak
3yrs
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&LFull P&LFull 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)454896135
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
SourceAbridgedAccounts · bulk data Jun 2024AbridgedAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

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.
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
▲94%
Now £9m
Cash at bank
▼42%
Now £8.7m
Headcount
▲41%
Now 135
Deferred income
—
Now —
Fixed assets
▼9%
Now £1.5m
Same industry, similar size

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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.