Var X Ltd
Registered name: VAR X LTD
Var X Ltd made £281k revenue and £114k profit in the year to 31 Jul 2025.
Var X Ltd’s revenue grew 115% to £281k in the year to 31 Jul 2025, with £114k profit and 6 employees. The company is classified under “pre-press and pre-media services” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £164k | £279k | £130k | £281k |
| Cost of sales | £132k | £197k | — | — |
| Gross profit | £31k | £81.9k | £130k | £281k |
| Operating profit | £30.5k | £81.3k | −£3.7k | £114k |
| Profit before tax | £30.5k | £81.3k | −£3.7k | £114k |
| Profit after tax | £30.5k | £81.3k | −£3.7k | £114k |
| Profit (best available) | £30.5k | £81.3k | −£3.7k | £114k |
| Employees (average) | 3 | 5 | 6 | 6 |
| Ratios | ||||
| Profit margin | 18.6% | 29.1% | −2.8% | 40.7% |
| Gross margin | 19% | 29.3% | 100% | 100% |
| Revenue per employee | £54.5k | £55.8k | £21.7k | £46.8k |
| Profit per employee | £10.2k | £16.3k | −£616 | £19k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲70.8% | ▼53.3% | ▲115.4% |
| Profit growth | — | ▲166.9% | ▼104.5% | — |
| Headcount growth | — | ▲66.7% | ▲20% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £192k | £225k | £63.6k | £44.4k |
| Net assets | £192k | £225k | £63.6k | £44.4k |
| Fixed assets | £0 | £0 | £0 | £0 |
| Current assets | £192k | £225k | £63.6k | £44.4k |
| Debtors | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 40.7%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £46.8k
- Revenue ÷ average employees.
- Profit per employee
- £19k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼30%
- Now £44.4k
- Cash at bank
- ▼30%
- Now £44.4k
- Headcount
- 0%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £114k), from the Companies House accounts bulk data published Jun 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.