ARR
Commentary
As at Fri 9 Oct 2026ARR grew over the 12 months to 30 Sep 2026 but remains outside tolerance below its illustrative target. Watch retention: gross retention % is 79.4%, outside tolerance and unfavourable.
ARR was £4.4m at 30 Sep 2026, as at 9 Oct 2026, across 90 customers, and is £597k below the illustrative target of £5.0m.
What moved: In the 12 months to 30 Sep 2026, Land of £2.21m and Expand of £481k outweighed Lost of -£444k on ARR brought forward of £2.15m. Net retention % was 101.7%.
Against target: ARR growth % of 104.6% is outside tolerance, favourable. ARR, logo retention % and gross retention % are outside tolerance, unfavourable; customers, average ARR and net retention % are short of target.
Watch: Gross retention % of 79.4% and logo retention % of 76.5%, with 12 lost logos. In the UK, Lost was -£426k against -£444k for the whole book.
One point per month; the dot and figure at the right end are the latest value. Each month end against the same month a year earlier, over the last 36 month ends.
Show the figures as a table
| Month | Net retention |
|---|---|
| Oct 23 | |
| Nov 23 | |
| Dec 23 | |
| Jan 24 | |
| Feb 24 | |
| Mar 24 | |
| Apr 24 | 171.4% |
| May 24 | 171.4% |
| Jun 24 | 138.3% |
| Jul 24 | 130.3% |
| Aug 24 | 122.5% |
| Sep 24 | 122.5% |
| Oct 24 | 122.5% |
| Nov 24 | 107.6% |
| Dec 24 | 117.2% |
| Jan 25 | 113.2% |
| Feb 25 | 119.0% |
| Mar 25 | 111.7% |
| Apr 25 | 100.9% |
| May 25 | 88.8% |
| Jun 25 | 88.5% |
| Jul 25 | 89.6% |
| Aug 25 | 83.2% |
| Sep 25 | 84.8% |
| Oct 25 | 85.3% |
| Nov 25 | 77.6% |
| Dec 25 | 77.4% |
| Jan 26 | 85.1% |
| Feb 26 | 87.7% |
| Mar 26 | 87.3% |
| Apr 26 | 91.6% |
| May 26 | 97.2% |
| Jun 26 | 98.5% |
| Jul 26 | 100.5% |
| Aug 26 | 103.0% |
| Sep 26 | 101.7% |
- Other industries
- Logistics
- Insurance
- B2B software
- Payments
- Wholesale distribution
- Healthcare services
- Care services
- Recruitment
Ranked largest first; each bar is a share of the largest. ARR at the last month end.
Show the figures as a table
| Industry | ARR |
|---|---|
| Other industries | £1,962,050 |
| Logistics | £507,900 |
| Insurance | £418,050 |
| B2B software | £335,000 |
| Payments | £303,500 |
| Wholesale distribution | £251,500 |
| Healthcare services | £235,000 |
| Care services | £214,500 |
| Recruitment | £175,500 |
- UK
- EU
- US
- ROW
Ranked largest first; each bar is a share of the largest. ARR at the last month end.
Show the figures as a table
| Region | ARR |
|---|---|
| UK | £2,583,950 |
| EU | £1,116,300 |
| US | £614,750 |
| ROW | £88,000 |
| Measure | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|
| ARR BF | 617 | 905 | 1,037 | 1,570 | 1,843 | 2,152 |
| Expand | 69 | 84 | 66 | 203 | 317 | 481 |
| Downsell | 0 | 0 | 0 | 0 | 0 | 0 |
| Lost | -140 | -221 | -301 | -402 | -345 | -444 |
| Retained | 546 | 767 | 803 | 1,371 | 1,814 | 2,189 |
| Gross % | 77% | 76% | 71% | 74% | 81% | 79% |
| Net % | 88% | 85% | 77% | 87% | 98% | 102% |
| Land | 1,297 | 1,385 | 1,546 | 1,855 | 2,484 | 2,214 |
| ARR | 1,843 | 2,152 | 2,348 | 3,226 | 4,299 | 4,403 |
| ARR net | 1,226 | 1,248 | 1,311 | 1,656 | 2,456 | 2,251 |
| Growth % | 199% | 138% | 126% | 106% | 133% | 105% |
Each quarter end in the last 18 months against the same month a year earlier.
| Measure | Logistics | Insurance | B2B software | Payments | Wholesale distribution | Healthcare services | Care services | Recruitment | Other industries | Total |
|---|---|---|---|---|---|---|---|---|---|---|
| ARR BF | 199 | 100 | 147 | 118 | 136 | 90 | 86 | 141 | 1,136 | 2,152 |
| Expand | 66 | 83 | 13 | 33 | 24 | 73 | 8 | 35 | 146 | 481 |
| Downsell | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Lost | -20 | 0 | -66 | 0 | 0 | 0 | 0 | -44 | -314 | -444 |
| Retained | 246 | 183 | 94 | 151 | 160 | 163 | 94 | 132 | 968 | 2,189 |
| Gross % | 90% | 100% | 55% | 100% | 100% | 100% | 100% | 69% | 72% | 79% |
| Net % | 123% | 183% | 64% | 128% | 117% | 180% | 110% | 94% | 85% | 102% |
| Land | 262 | 235 | 241 | 152 | 92 | 72 | 120 | 44 | 995 | 2,214 |
| ARR | 508 | 418 | 335 | 304 | 252 | 235 | 214 | 176 | 1,962 | 4,403 |
| ARR net | 309 | 318 | 188 | 186 | 116 | 145 | 129 | 35 | 826 | 2,251 |
| Growth % | 155% | 319% | 128% | 158% | 85% | 160% | 150% | 25% | 73% | 105% |
Over the period chosen above, to the last month end; Total is the whole book.
| Measure | UK | EU | US | ROW | Total |
|---|---|---|---|---|---|
| ARR BF | 1,893 | 259 | 0 | 0 | 2,152 |
| Expand | 448 | 32 | 0 | 0 | 481 |
| Downsell | 0 | 0 | 0 | 0 | 0 |
| Lost | -426 | -18 | 0 | 0 | -444 |
| Retained | 1,916 | 274 | 0 | 0 | 2,189 |
| Gross % | 78% | 93% | 79% | ||
| Net % | 101% | 106% | 102% | ||
| Land | 668 | 843 | 615 | 88 | 2,214 |
| ARR | 2,584 | 1,116 | 615 | 88 | 4,403 |
| ARR net | 691 | 857 | 615 | 88 | 2,251 |
| Growth % | 36% | 331% | 105% |
Over the period chosen above, to the last month end; Total is the whole book.
Left to right: ARR BF £2.2m plus the movements gives ARR £4.4m. Rises carry a plus sign and falls a minus sign; the solid bars from zero are levels, not movements. The whole book over the period chosen above (12 months unless changed).
Show the figures as a table
| Step | ARR | Kind |
|---|---|---|
| ARR BF | £2,152,200 | start |
| Land | £2,214,000 | step |
| Expand | £480,650 | step |
| Downsell | £0 | step |
| Lost | -£443,850 | step |
| ARR | £4,403,000 | total |
| Customer | Sep 25 | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Merriott Lyle Distribution | 116 | 116 | 116 | 116 | 116 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | 138 |
| Vellacott Payments | 99 | 99 | 99 | 99 | 103 | 103 | 103 | 103 | 103 | 103 | 129 | 129 | 129 |
| Fenmoor Specialty Underwriting | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 125 | 125 | 125 |
| Kenmure Business Telecom | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 125 | 125 |
| Kaltenbrunn Medizintechnik | 125 | 125 | 125 | 125 | 125 | ||||||||
| Hollowmere Care Group | 120 | 120 | 120 | 120 | 120 | 120 | |||||||
| Brimscombe Energy | 115 | 115 | 115 | 115 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 |
| Kingdon Diagnostics | 51 | 51 | 51 | 51 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 |
| Penwortham Mutual | 119 | 119 | 119 | 119 | 119 | ||||||||
| Quabbin Clinical Research | 119 | 119 | 119 | 119 | 119 | 119 | |||||||
| Lindqvarn Retail | 99 | 99 | 99 | 99 | 99 | 103 | 103 | 103 | 103 | 114 | 114 | 114 | 114 |
| Strensall Merchants | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 |
| Thackwray Logistics | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 110 | 110 | 110 | 110 | 110 | 110 |
| Duddingston Payroll | 40 | 40 | 40 | 40 | 40 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 |
| Harrowden Foods | 50 | 50 | 50 | 50 | 50 | 58 | 58 | 58 | 58 | ||||
| Pemaquid Analytics | 50 | 50 | 50 | 50 | 50 | 58 | |||||||
| Kelbrook Mutual Insurance | 56 | 56 | 56 | 56 | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 58 |
| Veenendrecht Payments | 48 | 48 | 48 | 48 | 48 | 52 | 52 | 52 | |||||
| Harcastle Environmental | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 44 | 44 | 44 | 52 | 52 | 52 |
| Dunholm Precision | 47 | 47 | 47 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
| Wexmoor Property Group | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
| Copperwick Logistics | 50 | 50 | 50 | 50 | |||||||||
| Brenneck Pay | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
| Quarrington Care Network | 50 | 50 | 50 | 50 | 50 | 50 | |||||||
| Carrowkeel Software | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 50 | 50 |
| Bayard Lane Payments | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||||||
| Pellegrin Hart Benefits | 50 | 50 | 50 | 50 | 50 | ||||||||
| Pelton Grange Care | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 50 |
| Tilden Marsh Logistics | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
| Oosterdijk Logistiek | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||
| Feldmoching Software | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
| Menlo Quay Medical | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||
| Shawsheen Freight | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||||||
| Brannock Medical Supplies | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Grisedale Search & Selection | 20 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 48 | 48 | 48 | 48 | 48 |
| Brinkerhof Distributie | 44 | 44 | 44 | 44 | 44 | 44 | 48 | 48 | 48 | 48 | 48 | ||
| Auerhain Industrietechnik | 48 | 48 | 48 | 48 | 48 | ||||||||
| Pentreath Cold Chain | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Kesselfeld Software | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | ||||
| Kronfeld Assekuranz | 48 | 48 | 48 | 48 | 48 | 48 | |||||||
| Astley Brook Packaging | 48 | 48 | 48 | 48 | 48 | 48 | 48 | ||||||
| Kralingse Expeditie | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | ||||
| Rufforth Bakeries | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | |||||
| Rodenkirchen Assekuranzmakler | 48 | 48 | 48 | 48 | 48 | 48 | 48 | ||||||
| Clonvara Insurance Services | 42 | 42 | 42 | 42 | 42 | 47 | 47 | 47 | 47 | 47 | 47 | ||
| Veldmaat Payments | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | ||||
| Hartside Student Living | 45 | 45 | 45 | 45 | 45 | 45 | |||||||
| Brackwell Freight Ltd | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Marlstone Legal | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 44 | 44 | 44 | 44 | 44 | 44 |
| Brakkevoort Logistics | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Ellerby Dental Group | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 44 | 44 | 44 | 44 | 44 | 44 |
| Marlcliff Security Services | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 44 | 44 | 44 | 44 |
| Commondale Care | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Carnmoor Fleet Leasing | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | |||
| Mossbrook Data Partners | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 24 | 24 | 24 | 26 | 26 |
| Vantrell Software | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 22 | 22 | 22 |
| Wrenfield Property Management | 22 | 22 | 22 | 22 | 22 | 22 | 22 | ||||||
| Maelbeek Assurances | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | |||||
| Tallowfield Health Partners | 22 | 22 | 22 | ||||||||||
| Wattlebrook Insurance Services | 22 | 22 | 22 | 22 | 22 | 22 | |||||||
| Linthorpe Trade Supplies | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 22 | 22 |
| Kadewerk Software | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 22 | 22 | 22 |
| Quennell Harte | 22 | 22 | 22 | ||||||||||
| Coorabell Logistics | 22 | 22 | 22 | 22 | 22 | ||||||||
| Moycullen Recruitment | 22 | 22 | 22 | 22 | |||||||||
| Clashmore Recruitment | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 22 |
| Marsden Vale Recruitment | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 22 |
| Llano Crossing Software | 22 | 22 | 22 | 22 | |||||||||
| Kilcolgan Payments | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 22 | 22 |
| Saltia Hardware Distributors | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | |||||
| Leiekant Accountants | 22 | 22 | 22 | 22 | 22 | 22 | 22 | ||||||
| Ludworth Lettings | 22 | 22 | 22 | 22 | 22 | 22 | |||||||
| Larkspire Software | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | ||||
| Yealmpton Accountants | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 22 |
| Brightcombe Veterinary | 22 | ||||||||||||
| Assunpink Software | 22 | 22 | 22 | 22 | |||||||||
| Plum Grove Staffing | 22 | 22 | 22 | ||||||||||
| Spaarnwoude Assurantiën | 22 | 22 | 22 | 22 | 22 | 22 | |||||||
| Moggill Creek Distributors | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | ||||
| Haddon Rook Logistics | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | ||||
| Hollins Tarrant | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Brindlecote Insurance Brokers | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Quaystead Marine Services | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Silverbeck Energy Services | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||
| Copperlane Payroll | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Garrow Lusk | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Wellbrook Facilities | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Tarnbeck Insurance Brokers | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Fulford Ings Software | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |
| Clayhithe Logistics | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |
| Lornefield Pensions Administration | 44 | 44 | 44 | 44 | 44 | 44 | 44 | ||||||
| Calderbrook Housing Group | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | |
| Tidecombe Housing | 20 | 20 | 20 | 20 | 20 | 20 | |||||||
| Fairhallow Travel | 40 | 40 | 40 | 40 | |||||||||
| Skovdal Software | 18 | 18 | 18 | 18 | 18 | ||||||||
| Delancey Haig | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | |||
| Kelvinhaugh Pension Services | 44 | 44 | 44 | 44 | 44 | ||||||||
| Saltdean Hart Insurance Brokers | 40 | 40 | |||||||||||
| Ashwell Mercer Interiors | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | ||
| Penmaen Software | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | |||
| Stainmore Haulage | 20 | 20 | |||||||||||
| Whitlingham Wealth | 40 | 40 | |||||||||||
| Total | 2,152 | 2,196 | 2,183 | 2,348 | 2,644 | 3,007 | 3,226 | 3,764 | 4,160 | 4,299 | 4,397 | 4,390 | 4,403 |
Contracted ARR at each month end, largest customer first; a green cell rose and a red one fell from the month before; each name opens the organisation.