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Company No. 02863196 · Incorporated 18 Oct 1993

Alphatrack Systems Limited

Registered name: ALPHATRACK SYSTEMS LIMITED

Part of Cadence Equity Partners Limited group

Alphatrack Systems Limited made £29.5m revenue and £2.6m profit in the year to 31 May 2025.

Alphatrack Systems Limited’s revenue grew 26% to £29.5m in the year to 31 May 2025, with £2.6m profit and 139 employees. The company is classified under “specialised design activities” and is based in Hedge End; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activities
Status
Active
Location
Hedge End, South East
Age
32 yrs · since 1993
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 May 2025

Key figures

Capital-lightOperating leverage
Revenue
£29.5m
Growth ▲26.3%
Profit
£2.6m
Growth ▲113.4%
Profit margin
8.7%
Gross 27.2%
Employees
139
Change ▲14.9%
Profit / employee
£18.4k
Revenue/employee £212k
Profitable streak
4yrs
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 May 202231 May 202331 May 202431 May 2025
DisclosureFull P&Lread from filing textFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.5m£21.6m£23.4m£29.5m
Cost of sales£13.2m£15.6m£17.5m£21.5m
Gross profit£6.3m£5m£5.9m£8m
Operating profit£1.9m£788k£1.4m£2.5m
Profit before tax£1.9m£788k£1.4m£2.5m
Profit after tax£1.8m£639k£1.2m£2.6m
Profit (best available)£1.8m£639k£1.2m£2.6m
Staff costs£4.9m£5.1m£5.4m£6.5m
Employees (average)125128121139
Ratios
Profit margin9%2.9%5.1%8.7%
Gross margin32.4%23%25.1%27.2%
Revenue per employee£156k£169k£193k£212k
Profit per employee£14k£5k£9.9k£18.4k
Growth (year on year)
Revenue growth—▲10.8%▲7.9%▲26.3%
Profit growth—▼63.6%▲88%▲113.4%
Headcount growth—▲2.4%▼5.5%▲14.9%
Balance sheet — indirect signals, not revenue
Cash at bank£763k£1.6m£224k£301k
Net assets£4.3m£4.9m£5.1m£7.7m
Fixed assets£471k£490k£489k£378k
Current assets£8.2m£8.6m£10.1m£13.7m
Debtors£2m£2.2m£2.3m£3.2m
Deferred income£1.4m£1.6m£2.3m£2.1m
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
8.7%
Profit ÷ revenue.
Gross margin
27.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£212k
Revenue ÷ average employees.
Profit per employee
£18.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
7.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.9%
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
▲50%
Now £7.7m
Cash at bank
▲34%
Now £301k
Headcount
▲15%
Now 139
Deferred income
▼9%
Now £2.1m
Fixed assets
▼23%
Now £378k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Cadence Equity Partners Limitedultimate parent75–100%
  2. Cadence Wexler GP LLP50–75%
  3. Project Wexler Topco Limited75–100%
  4. Project Wexler Midco Limited75–100%
  5. Project Wexler Finco Limited75–100%
  6. Project Wexler Bidco Limited75–100%
  7. Scci Group Limited75–100%
  8. Scci Alphatrack Ltd75–100%
  9. Alphatrack Systems Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.6m), from the Companies House accounts bulk data published Feb 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.