Codebase Group Limited
Registered name: CODEBASE GROUP LIMITED
Codebase Group Limited made £11.7m revenue and £1.7m profit in the year to 31 Mar 2025.
Codebase Group Limited’s revenue grew 154% to £11.7m in the year to 31 Mar 2025, with £1.7m profit and 96 employees. The company is classified under “activities of head offices” and is based in Edinburgh; we hold 5 years of its filed accounts.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Oct 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £4.6m | £11.7m |
| Operating profit | — | — | — | £356k | £1.1m |
| Profit before tax | — | — | — | £363k | £1.1m |
| Profit after tax | — | — | — | £269k | £1.7m |
| Profit (best available) | — | — | — | £269k | £1.7m |
| Employees (average) | — | 0 | 0 | 93 | 96 |
| Ratios | |||||
| Profit margin | — | — | — | 5.8% | 14.9% |
| Revenue per employee | — | — | — | £49.6k | £122k |
| Profit per employee | — | — | — | £2.9k | £18.2k |
| Cash conversion | — | — | — | 179.8% | 111.9% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▲154% |
| Profit growth | — | — | — | — | ▲547.9% |
| Headcount growth | — | — | — | — | ▲3.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | — | — | — | £2.7m | £2.2m |
| Net assets | −£1.1k | £60 | £60 | £1.7m | £1.7m |
| Fixed assets | — | — | — | £523k | £249k |
| Current assets | £61 | £60 | £60 | — | — |
| Debtors | — | — | — | £1.3m | £2m |
| Cash from operations | — | — | — | £641k | £1.2m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 14.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- £18.2k
- Profit ÷ average employees.
- Cash conversion
- 111.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.2%
- 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
- ▲3%
- Now £1.7m
- Cash at bank
- ▼18%
- Now £2.2m
- Headcount
- ▲3%
- Now 96
- Deferred income
- —
- Now —
- Fixed assets
- ▼52%
- Now £249k
Group structure
Subsidiaries (1)
- Codebase LtdRev. £11.7m · Profit £1.7m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.7m), from the Companies House accounts bulk data published Dec 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.