How much does Altium UK Limited make?

Altium UK Limited reported revenue of £18.9m and £996k profit in the year to 30 Jun 2024, according to its accounts filed at Companies House.

How many employees does Altium UK Limited have?

Altium UK Limited reported an average of 72 employees in the year to 30 Jun 2024.

Is Altium UK Limited profitable?

Yes — Altium UK Limited reported a profit of £996k in the year to 30 Jun 2024.

Company No. 02889888 · Incorporated 21 Jan 1994

Altium UK Limited

Registered name: ALTIUM UK LIMITED

Part of Renesas Electronics Corporation group

Altium UK Limited made £18.9m revenue and £996k profit in the year to 30 Jun 2024.

Altium UK Limited’s revenue grew 45% to £18.9m in the year to 30 Jun 2024, with £996k profit and 72 employees. The company is classified under “other retail sale not in stores, stalls or markets” and is based in Cambridge; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47990Other retail sale not in stores, stalls or markets SIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Cambridge, East of England
Age: 32 yrs · since 1994
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 30 Jun 2024

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£18.9m

Growth ▲45.5%

Profit

£996k

Growth ▲118.9%

Profit margin

5.3%

Gross 46.1%

Employees

Change ▲53.2%

Profit / employee

£13.8k

Revenue/employee £263k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£13m	£18.9m
Cost of sales	—	£7.1m	£10.2m
Gross profit	—	£5.9m	£8.7m
Operating profit	—	£612k	£985k
Profit before tax	—	£612k	£985k
Profit after tax	—	£455k	£996k
Profit (best available)	—	£455k	£996k
Staff costs	—	£5.2m	£8.8m
Employees (average)	33	47	72
Ratios
Profit margin	—	3.5%	5.3%
Gross margin	—	45.3%	46.1%
Revenue per employee	—	£276k	£263k
Profit per employee	—	£9.7k	£13.8k
Cash conversion	—	520.7%	73.7%
Growth (year on year)
Revenue growth	—	—	▲45.5%
Profit growth	—	—	▲118.9%
Headcount growth	—	▲42.4%	▲53.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£409k	£2.8m	£3.5m
Net assets	£2.2m	£2.6m	£3.6m
Fixed assets	£98.2k	£779k	£706k
Current assets	£6.1m	£8m	£11.2m
Debtors	£1.8m	£2.6m	£4.8m
Deferred income	£3.1m	£3.5m	£4m
Cash from operations	—	£3.2m	£726k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 5.3%; Profit ÷ revenue.
Gross margin: 46.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £263k; Revenue ÷ average employees.
Profit per employee: £13.8k; Profit ÷ average employees.
Cash conversion: 73.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 21%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.6%; 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: ▲38%; Now £3.6m
Cash at bank: ▲23%; Now £3.5m
Headcount: ▲53%; Now 72
Deferred income: ▲13%; Now £4m
Fixed assets: ▼9%; Now £706k

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

Renesas Electronics Corporation (registered outside the UK register)ultimate parent75–100%
Altium UK Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £996k), from the Companies House accounts bulk data published Jun 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.