How much does Softcat PLC make?

Softcat PLC reported revenue of £963m and £119m profit in the year to 31 Jul 2024, according to its accounts filed at Companies House.

How many employees does Softcat PLC have?

Softcat PLC reported an average of 2,459 employees in the year to 31 Jul 2024.

Is Softcat PLC profitable?

Yes — Softcat PLC reported a profit of £119m in the year to 31 Jul 2024.

Company No. 02174990 · Incorporated 7 Oct 1987

Softcat PLC

Registered name: SOFTCAT PLC

Softcat PLC made £963m revenue and £119m profit in the year to 31 Jul 2024.

Softcat PLC’s revenue fell 2% to £963m in the year to 31 Jul 2024, with £119m profit and 2,459 employees. The company is classified under “other information technology service activities” and is based in Marlow; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Marlow, South East
Age: 39 yrs · since 1987
Type: Public Limited Company

Latest accounts · year to 31 Jul 2024

Key figures

Independent

Revenue

£963m

Growth ▼2.3%

Profit

£119m

Growth ▲6.3%

Profit margin

12.4%

Gross 43.4%

Employees

2,459

Change ▲14.3%

Profit / employee

£48.4k

Revenue/employee £391k

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 to	31 Jul 2023	31 Jul 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£985m	£963m
Cost of sales	−£611m	−£545m
Gross profit	£374m	£418m
Operating profit	£141m	£154m
Profit before tax	£142m	£159m
Profit after tax	£112m	£119m
Profit (best available)	£112m	£119m
Employees (average)	2,151	2,459
Ratios
Profit margin	11.4%	12.4%
Gross margin	37.9%	43.4%
Revenue per employee	£458k	£391k
Profit per employee	£52.1k	£48.4k
Growth (year on year)
Revenue growth	—	▼2.3%
Profit growth	—	▲6.3%
Headcount growth	—	▲14.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Feb 2025	Accounts · bulk data Feb 2025

Derived from the latest filing

How the business works

Profit margin: 12.4%; Profit ÷ revenue.
Gross margin: 43.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £391k; Revenue ÷ average employees.
Profit per employee: £48.4k; 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: ▲14%; Now 2,459
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Oakland Group Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jul 2024 (profit £119m), from the Companies House accounts bulk data published Feb 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.