How much does Iiaa Limited make?

Iiaa Limited reported revenue of £24.5m and a loss of £1.2m in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does Iiaa Limited have?

Iiaa Limited reported an average of 160 employees in the year to 28 Feb 2023.

Is Iiaa Limited profitable?

No — Iiaa Limited reported a loss of £1.2m in the year to 28 Feb 2023.

Company No. 02810868 · Incorporated 20 Apr 1993

Iiaa Limited

Registered name: IIAA LIMITED

Iiaa Limited made £24.5m revenue and a £1.2m loss in the year to 28 Feb 2023.

Iiaa Limited’s revenue fell 17% to £24.5m in the year to 28 Feb 2023, with a loss of £1.2m and 160 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: London, London
Age: 33 yrs · since 1993
Type: Private Limited Company

Latest accounts · year to 28 Feb 2023

Key figures

IndependentCash flow filed

Revenue

£24.5m

Growth ▼17%

Profit

−£1.2m

Growth ▼114.6%

Profit margin

−4.9%

Gross 55.5%

Employees

160

Change ▲3.2%

Profit / employee

−£7.5k

Revenue/employee £153k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.5m	£24.5m
Cost of sales	£13m	£10.9m
Gross profit	£16.5m	£13.6m
Operating profit	£10.2m	−£1.1m
Profit before tax	£10.3m	−£995k
Profit after tax	£8.2m	−£1.2m
Profit (best available)	£8.2m	−£1.2m
Staff costs	£7.2m	£7.6m
Employees (average)	155	160
Ratios
Profit margin	27.9%	−4.9%
Gross margin	55.8%	55.5%
Revenue per employee	£190k	£153k
Profit per employee	£53.1k	−£7.5k
Cash conversion	85%	—
Growth (year on year)
Revenue growth	—	▼17%
Profit growth	—	▼114.6%
Headcount growth	—	▲3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.3m	£1.3m
Net assets	£20.2m	£16m
Fixed assets	£5m	£5.5m
Current assets	£20.2m	£15.8m
Debtors	£2.2m	£1.3m
Deferred income	£1.9m	£1.4m
Cash from operations	£8.7m	£452k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: −4.9%; Profit ÷ revenue.
Gross margin: 55.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £153k; Revenue ÷ average employees.
Profit per employee: −£7.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.1%; 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: ▼21%; Now £16m
Cash at bank: ▼69%; Now £1.3m
Headcount: ▲3%; Now 160
Deferred income: ▼28%; Now £1.4m
Fixed assets: ▲10%; Now £5.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2023 (profit −£1.2m), from the Companies House accounts bulk data published Feb 2024. 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.