CADENCE DESIGN SYSTEMS LIMITED
ActiveKey figures
† CADENCE DESIGN SYSTEMS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2024Sector comparison
SIC 74100Where the company stands among the 29,964 active companies whose first SIC code is 74100 (specialised design activities).
- CADENCE DESIGN SYSTEMS LIMITED£45.1m
- STEEN LIMITED£33.4m
- MAGIC FOUNDRY LIMITED£29.2m
- SITEC ENGINEERING LIMITED£28m
- KIM JONES STUDIO LTD£24m
- THE IMAGINATION GROUP LIMITED£19m
- BENJAMIN HUBERT LIMITED£18.6m
- SPORTCAST LIMITED£17.4m
- HAWTHORN THEATRICAL LIMITED£15.6m
- TONY BALL ASSOCIATES PLC£14.7m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 29,964. The line on each bar marks the median.
Summary: CADENCE DESIGN SYSTEMS LIMITED
What kind of company is it?
CADENCE DESIGN SYSTEMS LIMITED is a private limited company registered with Companies House under company number 02457888. It was incorporated on 9 Jan 1990. Its status is active. The registered office is in Bracknell (RG12). Its nature of business (SIC 2007) is specialised design activities (74100).
How is the company doing financially?
The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £117,086,000. Profit for the year was £8,684,000. Net assets were £45,134,000. Cash at bank and in hand was £17,352,000. Total assets were £81,546,000 and total liabilities £35,389,000.
How does it compare with similar companies?
Compared with 29,964 active companies whose first SIC code is 74100: By turnover it ranks higher than 97% of the 338 that publish turnover (median £25,758). By net assets it ranks higher than 99% of them (median £6,341). By total assets it ranks higher than 99% of them (median £25,879). By cash it ranks higher than 99% of them (median £15,885). It is older than 99% of them (median age 6.1 years).
Does it supply the public sector?
The company is named as a supplier in 5 public contract award notices from 3 public sector buyers since 2018. Contracts awarded to it alone have a combined published value of £641.2k. Its most frequent buyer is UK Research & Innovation (3 contracts).
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly machinery, electrical equipment, knitted clothing. HMRC lists it as an exporter of goods, mainly machinery, optical, medical and measuring instruments. In its latest payment practices report it took an average of 37 days to pay suppliers, and 39% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 25.5% lower than for men.
Who runs and controls the company?
One person with significant control is registered.
When are its next filings due?
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 15 Sep 2027.
Filed accounts2024
| 2024 † | |
|---|---|
| Turnover | 117,086,000 |
| Profit for the year | 8,684,000 |
| Cash at bank and in hand | 17,352,000 |
| Total assets | 81,546,000 |
| Total liabilities | 35,389,000 |
| Net assets / total equity | 45,134,000 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Public contracts
5 contractsCADENCE DESIGN SYSTEMS LIMITED is named as a supplier in 5 public contract award notices from 3 public sector buyers since 2018. The 2 contracts awarded to it alone with a published value add up to £641.2k.
- UK Research & Innovation
- 3 contracts
- UK SHARED BUSINESS SERVICES LIMITED
- 1 contract · £442.1k
- Submarine Delivery Agency
- 1 contract · £199.2k
- UK5 - Transparency NoticeSubmarine Delivery Agency · £199,166 · runs until Dec 2029
- UKRI-4559 Cadence Software License and Maintenance‡UK Research & Innovation · value published in USD
- UKRI-3299 Advanced Software for the Computer Aided Design of Integrated Circuits‡UK Research & Innovation · value published in USD
- UKRI-1779 Advanced software for the computer aided design of integrated circuits‡UK Research & Innovation · value published in USD
- UK SBS SSAPR18160 Design Software Licences for Application Specific Integrated Circuits‡UK SHARED BUSINESS SERVICES LIMITED · £442,075
From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.
Statutory reporting
- Average time taken to pay invoices
- 37 days
- Invoices not paid within agreed terms
- 39%
- Standard payment terms
- 0–45 days
- Member of a payment code
- No
- Within 30 days 61%
- 31 to 60 days 27%
- After 60 days 12%
Earlier periods (2)
- Period ending
- Days to pay
- Within 30 days
- Late
- 29 Jun 2019
- 33
- 62%
- 34%
- 30 Dec 2018
- 36
- 55%
- 42%
- Median hourly pay
- women 25.5% lower
- Mean hourly pay
- women 12.1% higher
- Median bonus pay
- women 76.7% lower
- Employer size
- 250 to 499 employees
Earlier years (2)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 22.5% lower
- women 13.1% lower
- 2023/24
- women 35.1% lower
- women 23.4% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Licence type and rating
- Worker (A rating)
- Routes
- Global Business Mobility: Senior or Specialist Worker, Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, knitted clothing, rubber and wood.
Listed by HMRC as an exporter of goods in 6 of the last 12 months on record, most recently August 2026. Main goods: machinery and optical, medical and measuring instruments.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
3 events- Financial year 2024 endedAccounts: turnover £117.1m, net assets £45.1m
- Cadence Design Systems, Inc. registered as a person with significant control
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.