Akkodis UK Limited
Registered name: AKKODIS UK LIMITED
Part of Akkodis Group Ag groupAkkodis UK Limited made £12m revenue and £181k profit in the year to 31 Dec 2023.
Akkodis UK Limited’s revenue fell 8% to £12m in the year to 31 Dec 2023, with £181k profit and 116 employees. The company is classified under “engineering design activities for industrial process and production” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 16 yrs · since 2010
- 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 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.1m | £12m |
| Cost of sales | £11.1m | £10.4m |
| Gross profit | £2m | £1.6m |
| Operating profit | £675k | £259k |
| Profit before tax | £674k | £248k |
| Profit after tax | £508k | £181k |
| Profit (best available) | £508k | £181k |
| Staff costs | £6.8m | £6.4m |
| Employees (average) | 120 | 116 |
| Ratios | ||
| Profit margin | 3.9% | 1.5% |
| Gross margin | 15% | 13.6% |
| Revenue per employee | £109k | £104k |
| Profit per employee | £4.2k | £1.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼7.8% |
| Profit growth | — | ▼64.4% |
| Headcount growth | — | ▼3.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.2m | £2.2k |
| Net assets | £2.7m | £2.9m |
| Fixed assets | £184k | £188k |
| Current assets | £8.4m | £7.7m |
| Debtors | £2.3m | £3.2m |
| Deferred income | £1.6m | £1.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 1.5%
- Profit ÷ revenue.
- Gross margin
- 13.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £104k
- Revenue ÷ average employees.
- Profit per employee
- £1.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 26.2%
- 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
- ▲7%
- Now £2.9m
- Cash at bank
- ▼100%
- Now £2.2k
- Headcount
- ▼3%
- Now 116
- Deferred income
- ▼16%
- Now £1.4m
- Fixed assets
- ▲2%
- Now £188k
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
- Akkodis Group Ag (registered outside the UK register)ultimate parent75–100%
- Modis International Limited75–100%
- Akkodis UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Modis Europe LimitedRev. £8.2m · Profit £287k
Minority corporate shareholders
- Adecco Group Ag (registered outside the UK register)
- Akkodis Group Ag (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £181k), from the Companies House accounts bulk data published Sep 2024. 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.