How many employees does Ipec Limited have?

Ipec Limited reported an average of 44 employees in the year to 31 Mar 2025.

Is Ipec Limited profitable?

Yes — Ipec Limited reported a profit of £3.4m in the year to 31 Mar 2025.

Company No. 03123703 · Incorporated 8 Nov 1995

Ipec Limited

Registered name: IPEC LIMITED

Ipec Limited made £3.4m profit in the year to 31 Mar 2025 (revenue not disclosed).

Ipec Limited reported £3.4m profit in the year to 31 Mar 2025, up 597% on the year before; its revenue was not disclosed. It had 44 employees. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Stockport; we hold 4 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 27120Manufacture of electricity distribution and control apparatus

Status: Active
Location: Stockport, North West
Age: 30 yrs · since 1995
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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£3.4m

Growth ▲597.5%

Profit margin

—

Employees

Change ▲29.4%

Profit / employee

£76.2k

Profitable streak

4yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	£693k	£34.9k	£480k	£3.4m
Profit (best available)	£693k	£34.9k	£480k	£3.4m
Employees (average)	29	33	34	44
Ratios
Profit margin	—	—	—	—
Profit per employee	£23.9k	£1.1k	£14.1k	£76.2k
Growth (year on year)
Profit growth	—	▼95%	▲1278%	▲597.5%
Headcount growth	—	▲13.8%	▲3%	▲29.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£256k	£209k	£503k	£6.4m
Net assets	£2.2m	£2.3m	£2.8m	£7m
Fixed assets	£1.4m	£1.4m	£1.6m	£1.7m
Current assets	£2.2m	£1.7m	£1.9m	£11.4m
Debtors	£933k	£69.1k	£129k	£594k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £76.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲155%; Now £7m
Cash at bank: ▲1175%; Now £6.4m
Headcount: ▲29%; Now 44
Deferred income: —; Now —
Fixed assets: ▲7%; Now £1.7m

Corporate ownership

Group structure

Ownership chain

Abb Ltd (registered outside the UK register)ultimate parent75–100%
Abb Holdings Limited75–100%
Abb Limited75–100%
Ipec Holdings Limited75–100%
Ipec 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.4m), from the Companies House accounts bulk data published Dec 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.