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Company No. SC627120 · Incorporated 9 Apr 2019

User Testing Limited

Registered name: USER TESTING LIMITED

User Testing Limited made £13.1m revenue and £500k profit in the year to 31 Dec 2025.

User Testing Limited’s revenue fell 5% to £13.1m in the year to 31 Dec 2025, with £500k profit and 0 employees. The company is classified under “business and domestic software development” and is based in Edinburgh; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development
Status
Active
Location
Edinburgh, Scotland
Age
7 yrs · since 2019
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamCapital-lightCash flow filed
Revenue
£13.1m
Growth ▼5.3%
Profit
£500k
Growth ▼13.9%
Profit margin
3.8%
Gross 100%
Employees
0
Change —
Profit / employee
—
 
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.5m£18.7m£13.8m£13.1m
Gross profit£19.5m£18.7m£13.8m£13.1m
Operating profit£521k−£4.3m£688k£610k
Profit before tax£521k−£4.3m£697k£613k
Profit after tax£292k−£4.7m£580k£500k
Profit (best available)£292k−£4.7m£580k£500k
Staff costs£15.2m£14.5m£10.8m£10.1m
Employees (average)18017000
Ratios
Profit margin1.5%−25.3%4.2%3.8%
Gross margin100%100%100%100%
Revenue per employee£108k£110k——
Profit per employee£1.6k−£27.9k——
Cash conversion323.6%—−219.8%81.8%
Growth (year on year)
Revenue growth—▼3.8%▼26.2%▼5.3%
Profit growth—▼1724%—▼13.9%
Headcount growth—▼5.6%▼100%—
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£2.8m£1.1m£1.4m
Net assets£3.4m£5.4m£6.1m£6.7m
Fixed assets£598k£463k£276k£297k
Current assets£4.5m£14.9m£27.1m£27.4m
Debtors£2.2m£12.1m£25.9m£26m
Deferred income£582k£1.1m£479k£416k
Cash from operations£1.7m£517k−£1.5m£499k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
3.8%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
81.8%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
198.2%
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
▲10%
Now £6.7m
Cash at bank
▲25%
Now £1.4m
Headcount
—
Now 0
Deferred income
▼13%
Now £416k
Fixed assets
▲8%
Now £297k

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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £500k), from the Companies House accounts bulk data published Jul 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.