Imetec UK Limited
Registered name: IMETEC UK LIMITED
Imetec UK Limited made £11.6m revenue and a £1m loss in the year to 31 Mar 2025. read from filing text
Imetec UK Limited’s revenue fell 38% to £11.6m in the year to 31 Mar 2025, with a loss of £1m and 15 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 32 yrs · since 1993
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £18.3m | £18.7m | £11.6m |
| Cost of sales | — | £12.4m | £10.5m | £6.5m |
| Gross profit | — | £5.9m | £8.1m | £5m |
| Operating profit | — | £616k | £1.3m | −£602k |
| Profit before tax | — | £542k | £1m | −£1.3m |
| Profit after tax | — | £443k | £781k | −£1m |
| Profit (best available) | — | £443k | £781k | −£1m |
| Staff costs | — | £1.1m | £1m | £1.1m |
| Employees (average) | 10 | 11 | 11 | 15 |
| Ratios | ||||
| Profit margin | — | 2.4% | 4.2% | −8.9% |
| Gross margin | — | 32.3% | 43.6% | 43.3% |
| Revenue per employee | — | £1.7m | £1.7m | £770k |
| Profit per employee | — | £40.3k | £71k | −£68.9k |
| Cash conversion | — | −106.5% | 804% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲2.3% | ▼38.1% |
| Profit growth | — | — | ▲76.3% | ▼232.2% |
| Headcount growth | — | ▲10% | 0% | ▲36.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £288k | £1.6m | £690k | £280k |
| Net assets | £2.8m | £3.3m | £4.1m | £3m |
| Fixed assets | £536k | £465k | £456k | £539k |
| Current assets | £3.6m | £9.1m | £16.3m | £12.1m |
| Debtors | £538k | £2.9m | £846k | £230k |
| Deferred income | — | — | £579k | £114k |
| Cash from operations | — | −£656k | £10.3m | — |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −8.9%
- Profit ÷ revenue.
- Gross margin
- 43.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £770k
- Revenue ÷ average employees.
- Profit per employee
- −£68.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2%
- Money owed by customers. Low = customers pay quickly.
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
- ▼25%
- Now £3m
- Cash at bank
- ▼59%
- Now £280k
- Headcount
- ▲36%
- Now 15
- Deferred income
- ▼80%
- Now £114k
- Fixed assets
- ▲18%
- Now £539k
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
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1m), from the Companies House accounts bulk data published Nov 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.