Alphatrack Systems Limited
Registered name: ALPHATRACK SYSTEMS LIMITED
Part of Cadence Equity Partners Limited groupAlphatrack 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L | Full 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) | 125 | 128 | 121 | 139 |
| Ratios | ||||
| Profit margin | 9% | 2.9% | 5.1% | 8.7% |
| Gross margin | 32.4% | 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 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
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.
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.
Group structure
Ownership chain
- Cadence Equity Partners Limitedultimate parent75–100%
- Cadence Wexler GP LLP50–75%
- Project Wexler Topco Limited75–100%
- Project Wexler Midco Limited75–100%
- Project Wexler Finco Limited75–100%
- Project Wexler Bidco Limited75–100%
- Scci Group Limited75–100%
- Scci Alphatrack Ltd75–100%
- Alphatrack Systems Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Airwave Europe Ltd.Rev. £15.6m · Profit £566k
- Interphone LimitedFigures not disclosed
- SCS Technologies LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.