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Company No. 05998321 · Incorporated 14 Nov 2006

Fincore Limited

Registered name: FINCORE LIMITED

Fincore Limited made £19.7m revenue and £814k profit in the year to 31 Dec 2025.

Fincore Limited’s revenue fell 7% to £19.7m in the year to 31 Dec 2025, with £814k profit and 33 employees. The company is classified under “other software publishing” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58290Other software publishing
Status
Active
Location
London, London
Age
19 yrs · since 2006
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£19.7m
Growth ▼6.7%
Profit
£814k
Growth ▼62.5%
Profit margin
4.1%
Gross 33%
Employees
33
Change ▼5.7%
Profit / employee
£24.7k
Revenue/employee £597k
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 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£18.8m£20.4m£21.1m£19.7m
Cost of sales£12m£13.1m£13.8m£13.2m
Gross profit£6.8m£7.3m£7.3m£6.5m
Operating profit£2.3m£2.2m£1.9m£886k
Profit before tax£2.4m£2.3m£2.2m£1.1m
Profit after tax£2.4m£2.3m£2.2m£814k
Profit (best available)£2.4m£2.3m£2.2m£814k
Staff costs£3.4m£3.6m£3.6m£3.5m
Employees (average)37363533
Ratios
Profit margin12.5%11.3%10.3%4.1%
Gross margin36%35.6%34.6%33%
Revenue per employee£508k£567k£603k£597k
Profit per employee£63.5k£64.1k£61.9k£24.7k
Cash conversion152.8%94%53.4%89.7%
Growth (year on year)
Revenue growth—▲8.6%▲3.4%▼6.7%
Profit growth—▼1.9%▼6%▼62.5%
Headcount growth—▼2.7%▼2.8%▼5.7%
Balance sheet — indirect signals, not revenue
Cash at bank£6m£8m£7.2m£6.2m
Net assets£7.3m£9.5m£9.7m£8.5m
Fixed assets£555k£500k£440k£436k
Current assets£8.5m£11.5m£10.2m£9.2m
Debtors£921k£816k£1.1m£1.2m
Deferred income£983k£1.7m£333k£513k
Cash from operations£3.6m£2.1m£1m£794k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
4.1%
Profit ÷ revenue.
Gross margin
33%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£597k
Revenue ÷ average employees.
Profit per employee
£24.7k
Profit ÷ average employees.
Cash conversion
89.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
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
▼12%
Now £8.5m
Cash at bank
▼15%
Now £6.2m
Headcount
▼6%
Now 33
Deferred income
▲54%
Now £513k
Fixed assets
▼1%
Now £436k

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

Subsidiaries (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 Dec 2025 (profit £814k), from the Companies House accounts bulk data published Sep 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.