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Company No. OC344205 · Incorporated 20 Mar 2009

Index Ventures (UK) LLP

Registered name: INDEX VENTURES (UK) LLP

Part of Index Venture Services Limited group

Index Ventures (UK) LLP made £42.5m revenue and £19.3m profit in the year to 31 Dec 2025.

Index Ventures (UK) LLP’s revenue fell 16% to £42.5m in the year to 31 Dec 2025, with £19.3m profit and 38 employees. The company is based in London; we hold 3 years of its filed accounts.

Full P&L filed
Status
Active
Location
London
Age
17 yrs · since 2009
Type
Limited Liability Partnership
Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£42.5m
Growth ▼15.8%
Profit
£19.3m
Growth ▼3.9%
Profit margin
45.5%
Gross 98.7%
Employees
38
Change ▼7.3%
Profit / employee
£508k
Revenue/employee £1.1m
Profitable streak
3yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£40.5m£50.4m£42.5m
Cost of sales−£274k−£422k−£538k
Gross profit£40.2m£50m£41.9m
Operating profit£18.1m£20.1m£19m
Profit before tax£18.1m£20.1m£19.3m
Profit after tax£18.1m£20.1m£19.3m
Profit (best available)£18.1m£20.1m£19.3m
Employees (average)424138
Ratios
Profit margin44.7%39.8%45.5%
Gross margin99.3%99.2%98.7%
Revenue per employee£964k£1.2m£1.1m
Profit per employee£431k£490k£508k
Growth (year on year)
Revenue growth—▲24.6%▼15.8%
Profit growth—▲11%▼3.9%
Headcount growth—▼2.4%▼7.3%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data May 2025Accounts · bulk data May 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
45.5%
Profit ÷ revenue.
Gross margin
98.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1m
Revenue ÷ average employees.
Profit per employee
£508k
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
▼7%
Now 38
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Index Venture Services Limitedultimate parent50–75%
  2. Index Ventures (UK) LLPthis 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).

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £19.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 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.