How much does I.f.f Research Limited make?

I.f.f Research Limited reported revenue of £22.4m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does I.f.f Research Limited have?

I.f.f Research Limited reported an average of 144 employees in the year to 31 Mar 2025.

Is I.f.f Research Limited profitable?

Yes — I.f.f Research Limited reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. 00849983 · Incorporated 25 May 1965

I.f.f Research Limited

Registered name: I.F.F RESEARCH LIMITED

Part of Dalaj Topco Limited group

I.f.f Research Limited made £22.4m revenue and £1.2m profit in the year to 31 Mar 2025. read from filing text

I.f.f Research Limited’s revenue grew 24% to £22.4m in the year to 31 Mar 2025, with £1.2m profit and 144 employees. The company is classified under “market research and public opinion polling” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73200Market research and public opinion polling

Status: Active
Location: London, London
Age: 61 yrs · since 1965
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. From the filing: “The immediate”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightDoing more with less

Revenue

£22.4m

Growth ▲23.8%

Profit

£1.2m

Growth ▲12.3%

Profit margin

5.2%

Gross 42.8%

Employees

144

Change ▼56.4%

Profit / employee

£8.1k

Revenue/employee £156k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£17.6m	£18.1m	£22.4m
Cost of sales	£10.3m	£9.7m	£12.8m
Gross profit	£7.3m	£8.4m	£9.6m
Operating profit	£382k	£1.2m	£1.4m
Profit before tax	£363k	£1.2m	£1.4m
Profit after tax	£297k	£1m	£1.2m
Profit (best available)	£297k	£1m	£1.2m
Staff costs	£13.5m	£13.2m	£10m
Employees (average)	405	330	144
Ratios
Profit margin	1.7%	5.7%	5.2%
Gross margin	41.3%	46.5%	42.8%
Revenue per employee	£43.5k	£54.9k	£156k
Profit per employee	£734	£3.1k	£8.1k
Growth (year on year)
Revenue growth	—	▲2.9%	▲23.8%
Profit growth	—	▲249.4%	▲12.3%
Headcount growth	—	▼18.5%	▼56.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£2.8m	£2.9m
Net assets	£2.6m	£3.1m	£3.9m
Fixed assets	£1.2m	£795k	£1m
Current assets	£6.1m	£6.7m	£7.5m
Debtors	£1.8m	£2.3m	£2.6m
Deferred income	£1.4m	£1.3m	£1.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 5.2%; Profit ÷ revenue.
Gross margin: 42.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £156k; Revenue ÷ average employees.
Profit per employee: £8.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.8%; 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: ▲23%; Now £3.9m
Cash at bank: ▲3%; Now £2.9m
Headcount: ▼56%; Now 144
Deferred income: ▲10%; Now £1.5m
Fixed assets: ▲26%; Now £1m

Corporate ownership

Group structure

Ownership chain

Dalaj Topco Limitedultimate parent75–100%
Dalaj Bidco Limited75–100%
I.f.f Research 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.