Skip to content
CompanySight
Company No. 12311322 · Incorporated 12 Nov 2019

Obconnect Limited

Registered name: OBCONNECT LIMITED

Part of Paypoint PLC group

Obconnect Limited made £3m revenue and a £173k loss in the year to 31 Mar 2025.

Obconnect Limited’s revenue was £3m in the year to 31 Mar 2025, with a loss of £173k. The company is classified under “information technology consultancy activities” and is based in Welwyn Garden City; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
Welwyn Garden City, East of England
Age
6 yrs · since 2019
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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£3m
Growth —
Profit
−£173k
Growth —
Profit margin
−5.7%
Gross 33.6%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202230 Nov 202331 Mar 2025
DisclosureNo P&LNo P&LFull P&L
Profit & loss
Revenue (turnover)——£3m
Cost of sales——−£2m
Gross profit——£1m
Operating profit——−£680k
Profit before tax——−£598k
Profit after tax——−£173k
Profit (best available)——−£173k
Employees (average)511—
Ratios
Profit margin——−5.7%
Gross margin——33.6%
Growth (year on year)
Headcount growth—▲120%—
Balance sheet — indirect signals, not revenue
Cash at bank£2.8m£1.8m—
Net assets£308k−£542k—
Fixed assets£323k£766k—
Current assets£3m£2m—
Debtors£43.5k£178k—
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024Accounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
−5.7%
Profit ÷ revenue.
Gross margin
33.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Paypoint PLCultimate parent75–100%
  2. Obconnect Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (11)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Mar 2025 (profit −£173k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.