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Company No. 07206164 · Incorporated 29 Mar 2010

Axcel Group Limited

Registered name: AXCEL GROUP LIMITED

Axcel Group Limited made £42.8m revenue and £8.8m profit in the year to 31 Dec 2024. read from filing text

Axcel Group Limited’s revenue grew 2% to £42.8m in the year to 31 Dec 2024, with £8.8m profit and 313 employees. The company is classified under “other business support service activities” and is based in Croydon; we hold 2 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
Croydon, London
Age
16 yrs · since 2010
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightDoing more with less
Revenue
£42.8m
Growth ▲1.8%
Profit
£8.8m
Growth ▼11.6%
Profit margin
20.5%
Gross 89.3%
Employees
313
Change ▼13.1%
Profit / employee
£28k
Revenue/employee £137k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£42m£42.8m
Cost of sales£4m£4.6m
Gross profit£38.1m£38.2m
Operating profit£19.1m£17.2m
Profit before tax£11.8m£11.3m
Profit after tax£9.9m£8.8m
Profit (best available)£9.9m£8.8m
Employees (average)360313
Ratios
Profit margin23.6%20.5%
Gross margin90.6%89.3%
Revenue per employee£117k£137k
Profit per employee£27.5k£28k
Growth (year on year)
Revenue growth—▲1.8%
Profit growth—▼11.6%
Headcount growth—▼13.1%
Balance sheet — indirect signals, not revenue
Cash at bank£212k£40.2k
Net assets−£6.4m−£5.9m
Fixed assets£8.5m£4.3m
Current assets£219k£69.4k
Debtors£0£0
Deferred income£0£0
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
20.5%
Profit ÷ revenue.
Gross margin
89.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£137k
Revenue ÷ average employees.
Profit per employee
£28k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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 −£5.9m
Cash at bank
▼81%
Now £40.2k
Headcount
▼13%
Now 313
Deferred income
—
Now £0
Fixed assets
▼50%
Now £4.3m

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 (14)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £8.8m), from the Companies House accounts bulk data published Sep 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.