How much does Ivor Searle Limited make?

Ivor Searle Limited reported revenue of £21.1m and £2.7m profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Ivor Searle Limited have?

Ivor Searle Limited reported an average of 139 employees in the year to 31 May 2025.

Is Ivor Searle Limited profitable?

Yes — Ivor Searle Limited reported a profit of £2.7m in the year to 31 May 2025.

Company No. 01364071 · Incorporated 20 Apr 1978

Ivor Searle Limited

Registered name: IVOR SEARLE LIMITED

Ivor Searle Limited made £21.1m revenue and £2.7m profit in the year to 31 May 2025. read from filing text

Ivor Searle Limited’s revenue grew 7% to £21.1m in the year to 31 May 2025, with £2.7m profit and 139 employees. The company is classified under “manufacture of other general-purpose machinery” and is based in Ely; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28290Manufacture of other general-purpose machinery n.e.c.

Status: Active
Location: Ely, East of England
Age: 48 yrs · since 1978
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 ultimate controlling party of the company is Katie Hemmingfield.”

Latest accounts · year to 31 May 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£21.1m

Growth ▲6.9%

Profit

£2.7m

Growth ▲28.4%

Profit margin

12.6%

Gross 35.7%

Employees

139

Change ▲1.5%

Profit / employee

£19.1k

Revenue/employee £152k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£15m	£16.2m	£19.7m	£21.1m
Cost of sales	£10.3m	£10.7m	£13.1m	£13.5m
Gross profit	£4.8m	£5.5m	£6.6m	£7.5m
Operating profit	£1.5m	£1.8m	£2.9m	£3.6m
Profit before tax	£1.5m	£1.8m	£2.8m	£3.5m
Profit after tax	£1.2m	£1.5m	£2.1m	£2.7m
Profit (best available)	£1.2m	£1.5m	£2.1m	£2.7m
Staff costs	£4.1m	£4.6m	£5.3m	£5.5m
Employees (average)	118	125	137	139
Ratios
Profit margin	7.9%	9.2%	10.5%	12.6%
Gross margin	31.8%	34%	33.7%	35.7%
Revenue per employee	£127k	£129k	£144k	£152k
Profit per employee	£10k	£11.9k	£15.1k	£19.1k
Cash conversion	−102.2%	−98.8%	−62.3%	−102.8%
Growth (year on year)
Revenue growth	—	▲7.4%	▲22%	▲6.9%
Profit growth	—	▲26.2%	▲38.3%	▲28.4%
Headcount growth	—	▲5.9%	▲9.6%	▲1.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£263k	£943k	£2.9m
Net assets	£4.5m	£2.1m	£4m	£6.1m
Fixed assets	£1.3m	£1.4m	£1.3m	£1.3m
Current assets	£6.8m	£5.5m	£8.1m	£10.4m
Debtors	£3m	£3.2m	£4m	£3.8m
Deferred income	£0	£46.3k	£41.6k	£36.9k
Cash from operations	−£1.5m	−£1.8m	−£1.8m	−£3.7m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 12.6%; Profit ÷ revenue.
Gross margin: 35.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £152k; Revenue ÷ average employees.
Profit per employee: £19.1k; Profit ÷ average employees.
Cash conversion: −102.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: ▲51%; Now £6.1m
Cash at bank: ▲211%; Now £2.9m
Headcount: ▲1%; Now 139
Deferred income: ▼11%; Now £36.9k
Fixed assets: ▼5%; Now £1.3m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.7m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 16 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.