Worksome Ltd
Worksome is a cloud-based software company operating in the HR technology sector. The company provides a digital platform that streamlines the hiring and management of external contractors, enabling businesses to manage compliance, contracts, and payments efficiently. Through Worksome, companies are able to: - Build and manage internal talent pools. - Automate compliant contracts and payroll. - Oversee relationships with third-party recruiters and suppliers. - Gain comprehensive visibility and control over their contingent workforce. Key elements of Worksome's business model include: 1. Research and Development - Product design, coding, testing, and debugging are carried out in-house and centralized at the group's headquarters in Copenhagen, Denmark. 2. Sales and Distribution - Services are sold directly to end-clients and delivered via secure cloud access. 3. Maintenance and Support - Ongoing product maintenance and customer support are delivered in-house Worksome's client base primarily comprises medium to large enterprises that depend on maintaining a flexible, efficient, and compliant network of external contractors. Suppliers include hardware vendors (e.g. computers and phones), cloud service and infrastructure providers, marketing agencies, and third-party software providers.
Revenue
£100.0m
▲ +15.4% vs prior ~12m period
Profit after tax
-£6k
Margin 0.6%
Employees
16
▼ -11.1% vs prior ~12m period
Net assets
£2.4m
Total assets £9.7m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £100.0m | ▲ +15.4% | £340 | 16 | £2.4m |
| 31 Dec 2023 | £86.7m | ▲ +3.3% | £145k | 18 | £2.4m |
| 31 Dec 2022 | £83.9m | — | £99k | 25 | -£192k |
| 31 Dec 2021 | — | — | — | — | -£291k |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £100.0m
- Gross profit
- £2.9m
- Operating profit
- £616k
- Profit before tax
- £340
- Profit after tax
- -£6k
Balance sheet
- Total assets
- £9.7m
- Cash
- £454k
- Total liabilities
- £7.3m
- Net assets
- £2.4m
- Revenue per employee
- £6.3m
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