Gitlab UK Limited
Registered name: GITLAB UK LIMITED
Part of Gitlab Inc. groupGitlab UK Limited made £47.7m revenue and £3m profit in the year to 31 Jan 2026.
Gitlab UK Limited’s revenue grew 6% to £47.7m in the year to 31 Jan 2026, with £3m profit and 184 employees. The company is classified under “other retail sale not in stores, stalls or markets” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £19.5m | £25.4m | £35.1m | £45m | £47.7m |
| Cost of sales | £1.2m | £1.9m | £6.9m | £11.8m | £8.6m |
| Gross profit | £18.3m | £23.6m | £28.2m | £33.2m | £39.2m |
| Operating profit | £4.1m | £1m | £1.5m | £10.4m | £1.9m |
| Profit before tax | £3.7m | £1m | £1.7m | £11.7m | £4.2m |
| Profit after tax | £3.8m | £839k | £1.3m | £10.8m | £3m |
| Profit (best available) | £3.8m | £839k | £1.3m | £10.8m | £3m |
| Staff costs | £11.2m | £16.3m | £20.1m | £24m | £27.1m |
| Employees (average) | 81 | 122 | 139 | 149 | 184 |
| Ratios | |||||
| Profit margin | 19.4% | 3.3% | 3.8% | 24.1% | 6.3% |
| Gross margin | 94% | 92.7% | 80.3% | 73.7% | 82% |
| Revenue per employee | £240k | £208k | £253k | £302k | £259k |
| Profit per employee | £46.5k | £6.9k | £9.6k | £72.6k | £16.4k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲30.7% | ▲38.1% | ▲28.1% | ▲6.1% |
| Profit growth | — | ▼77.7% | ▲58.8% | ▲712% | ▼72.2% |
| Headcount growth | — | ▲50.6% | ▲13.9% | ▲7.2% | ▲23.5% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £4.3m | £16.2m | £5.2m | £6.3m | £3.2m |
| Net assets | £2.8m | £3.6m | −£1.1m | £22.5m | £32.7m |
| Fixed assets | £34.3k | £174k | £80.6k | £143k | £289k |
| Current assets | £21.3m | £25.9m | £33.7m | £55.2m | £60.2m |
| Debtors | £2.9m | £3.9m | £5.9m | £20.2m | £14.3m |
| Deferred income | £14.1m | £14.5m | £16.7m | £25.1m | £22.2m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 82%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £259k
- Revenue ÷ average employees.
- Profit per employee
- £16.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 46.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 30%
- 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
- ▲46%
- Now £32.7m
- Cash at bank
- ▼50%
- Now £3.2m
- Headcount
- ▲23%
- Now 184
- Deferred income
- ▼12%
- Now £22.2m
- Fixed assets
- ▲101%
- Now £289k
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
- Gitlab Inc. (registered outside the UK register)ultimate parent75–100%
- Gitlab UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £3m), from the Companies House accounts bulk data published Oct 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.