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Company No. 03033163 · Incorporated 15 Mar 1995

Labware Limited

Registered name: LABWARE LIMITED

Labware Limited made £69.5m revenue and £14.3m profit in the year to 31 Dec 2025.

Labware Limited’s revenue grew 9% to £69.5m in the year to 31 Dec 2025, with £14.3m profit and 196 employees. The company is classified under “information technology consultancy activities” and is based in Altrincham; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
Altrincham, North West
Age
31 yrs · since 1995
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£69.5m
Growth ▲9.2%
Profit
£14.3m
Growth ▼1.3%
Profit margin
20.5%
Gross 58.1%
Employees
196
Change ▲6.5%
Profit / employee
£72.8k
Revenue/employee £354k
Profitable streak
3yrs
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£63.3m£63.6m£69.5m
Cost of sales£25.7m£25m−£29.1m
Gross profit£37.6m£38.6m£40.3m
Operating profit£21.3m£20.2m£20m
Profit before tax£21.3m£20.2m£20.1m
Profit after tax£16.1m£14.5m£14.3m
Profit (best available)£16.1m£14.5m£14.3m
Employees (average)171184196
Ratios
Profit margin25.4%22.7%20.5%
Gross margin59.5%60.7%58.1%
Revenue per employee£370k£346k£354k
Profit per employee£94k£78.6k£72.8k
Growth (year on year)
Revenue growth—▲0.5%▲9.2%
Profit growth—▼10.1%▼1.3%
Headcount growth—▲7.6%▲6.5%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
20.5%
Profit ÷ revenue.
Gross margin
58.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£354k
Revenue ÷ average employees.
Profit per employee
£72.8k
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
▲7%
Now 196
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £14.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.