How much does Airwave Europe Ltd. make?

Airwave Europe Ltd. reported revenue of £15.6m and £566k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Airwave Europe Ltd. have?

Airwave Europe Ltd. reported an average of 51 employees in the year to 31 May 2025.

Is Airwave Europe Ltd. profitable?

Yes — Airwave Europe Ltd. reported a profit of £566k in the year to 31 May 2025.

Company No. 03000768 · Incorporated 12 Dec 1994

Airwave Europe Ltd.

Registered name: AIRWAVE EUROPE LTD.

Part of Cadence Equity Partners Limited group

Airwave Europe Ltd. made £15.6m revenue and £566k profit in the year to 31 May 2025.

Airwave Europe Ltd.’s revenue grew 5% to £15.6m in the year to 31 May 2025, with £566k profit and 51 employees. The company is classified under “other business support service activities” and is based in Southampton; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Southampton, South East
Age: 31 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 31 May 2025

Key figures

Capital-light

Revenue

£15.6m

Growth ▲5%

Profit

£566k

Growth ▼20.2%

Profit margin

3.6%

Gross 30.6%

Employees

Change ▲6.3%

Profit / employee

£11.1k

Revenue/employee £306k

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 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)	£13.7m	£13.2m	£14.9m	£15.6m
Cost of sales	£10.2m	£9.4m	£10.7m	£10.8m
Gross profit	£3.5m	£3.8m	£4.2m	£4.8m
Operating profit	£651k	£510k	£696k	£547k
Profit before tax	£1m	£510k	£696k	£547k
Profit after tax	£915k	£489k	£709k	£566k
Profit (best available)	£915k	£489k	£709k	£566k
Staff costs	£2.3m	£2.6m	£2.9m	£3.3m
Employees (average)	43	46	48	51
Ratios
Profit margin	6.7%	3.7%	4.8%	3.6%
Gross margin	25.8%	28.6%	28.3%	30.6%
Revenue per employee	£319k	£286k	£310k	£306k
Profit per employee	£21.3k	£10.6k	£14.8k	£11.1k
Growth (year on year)
Revenue growth	—	▼4.1%	▲12.8%	▲5%
Profit growth	—	▼46.6%	▲45.1%	▼20.2%
Headcount growth	—	▲7%	▲4.3%	▲6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£46.4k	£1.4m	£874k	£412k
Net assets	£2.9m	£2.9m	£2.6m	£3.2m
Fixed assets	£211k	£166k	£253k	£224k
Current assets	£6.3m	£7m	£8.3m	£9.4m
Debtors	£1.9m	£1.5m	£1.6m	£2.3m
Deferred income	£1.2m	£1.9m	£1.8m	£2.3m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 30.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £306k; Revenue ÷ average employees.
Profit per employee: £11.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.8%; 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: ▲22%; Now £3.2m
Cash at bank: ▼53%; Now £412k
Headcount: ▲6%; Now 51
Deferred income: ▲24%; Now £2.3m
Fixed assets: ▼11%; Now £224k

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

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%
Airwave Europe Ltd.this company

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

Sister companies (3)

Alphatrack Systems LimitedRev. £29.5m · Profit £2.6m
Interphone LimitedFigures not disclosed
SCS Technologies LtdFigures 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 FullAccounts for the year to 31 May 2025 (profit £566k), 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.