Axis Well Technology Limited
Registered name: AXIS WELL TECHNOLOGY LIMITED
Part of RSK Group Limited groupAxis Well Technology Limited made £19.2m revenue and £1.7m profit in the year to 31 Mar 2025.
Axis Well Technology Limited’s revenue was £19.2m in the year to 31 Mar 2025, with £1.7m profit and 105 employees. The company is classified under “other professional, scientific and technical activities” and is based in Glasgow; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 25 yrs · since 2001
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £20m | £24.5m | £23.9m | £26.9m | £19.2m |
| Cost of sales | £14.6m | £16.9m | −£16.9m | −£19.9m | −£14.9m |
| Gross profit | £5.5m | £7.6m | — | £7m | £4.2m |
| Operating profit | £3m | £4.5m | £4.5m | £5m | £2.5m |
| Profit before tax | £3m | £4.5m | £4.5m | £5m | £2.5m |
| Profit after tax | £2.4m | £3.8m | £3.8m | £3.5m | £1.7m |
| Profit (best available) | £2.4m | £3.8m | £3.8m | £3.5m | £1.7m |
| Staff costs | £8.2m | £9.9m | — | — | — |
| Employees (average) | 89 | 104 | 104 | 118 | 105 |
| Ratios | |||||
| Profit margin | 12.2% | 15.6% | 16% | 13.1% | 8.7% |
| Gross margin | 27.3% | 31% | — | 26.1% | 22% |
| Revenue per employee | £225k | £235k | £229k | £228k | £182k |
| Profit per employee | £27.4k | £36.6k | £36.6k | £29.9k | £15.9k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲22.1% | — | — | — |
| Profit growth | — | ▲56.3% | — | — | — |
| Headcount growth | — | ▲16.9% | — | — | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £7m | £11m | — | — | — |
| Net assets | £25.1m | £28.9m | — | — | — |
| Fixed assets | £73.3k | £95.7k | — | — | — |
| Current assets | £27.6m | £31.7m | — | — | — |
| Debtors | £3.6m | £3.7m | — | — | — |
| Deferred income | £1.3m | £1.6m | — | — | — |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 8.7%
- Profit ÷ revenue.
- Gross margin
- 22%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £182k
- Revenue ÷ average employees.
- Profit per employee
- £15.9k
- 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.
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 105
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- RSK Group Limitedultimate parent75–100%
- RSK Environment Limited75–100%
- Axis Well Technology Group Limited75–100%
- Axis Well Technology Management Limited75–100%
- Axis Well Technology 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 accounts for the year to 31 Mar 2025 (profit £1.7m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 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.