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Company No. 03162355 · Incorporated 21 Feb 1996

J & C Associates Limited

Registered name: J & C ASSOCIATES LIMITED

Part of Eteam Human Capital Group Limited group

J & C Associates Limited made £7.5m revenue and £408k profit in the year to 31 Dec 2024. read from filing text

J & C Associates Limited’s revenue fell 42% to £7.5m in the year to 31 Dec 2024, with £408k profit and 9 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Status
Active
Location
London, London
Age
30 yrs · since 1996
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 controlling party is Eteam Human Capital Group Limited. The ultimate controlling party is ETeam Group Holdings Inc.”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamCash flow filed
Revenue
£7.5m
Growth ▼42.1%
Profit
£408k
Growth ▼3.9%
Profit margin
5.4%
Gross 9.3%
Employees
9
Change ▼35.7%
Profit / employee
£45.4k
Revenue/employee £836k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£23.1m£13m£7.5m
Cost of sales£20.8m£11.9m£6.8m
Gross profit£2.3m£1.1m£699k
Operating profit£855k£527k£420k
Profit before tax£855k£555k£420k
Profit after tax£693k£425k£408k
Profit (best available)£693k£425k£408k
Staff costs£21.2m£12.1m£6.9m
Employees (average)26149
Ratios
Profit margin3%3.3%5.4%
Gross margin10%8.7%9.3%
Revenue per employee£888k£928k£836k
Profit per employee£26.6k£30.3k£45.4k
Cash conversion−239.2%15.2%−43%
Growth (year on year)
Revenue growth—▼43.7%▼42.1%
Profit growth—▼38.7%▼3.9%
Headcount growth—▼46.2%▼35.7%
Balance sheet — indirect signals, not revenue
Cash at bank£2.4m£2.2m£2.3m
Net assets£2.9m£3.3m£3.7m
Current assets£6.6m£5.7m£5.7m
Debtors£3.6m£1.2m£791k
Deferred income£106k£80.9k£88.9k
Cash from operations−£2m£80.3k−£181k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
5.4%
Profit ÷ revenue.
Gross margin
9.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£836k
Revenue ÷ average employees.
Profit per employee
£45.4k
Profit ÷ average employees.
Cash conversion
−43%
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
1.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.5%
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
▲12%
Now £3.7m
Cash at bank
▲8%
Now £2.3m
Headcount
▼36%
Now 9
Deferred income
▲10%
Now £88.9k
Fixed assets
—
Now —

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

Corporate ownership

Group structure

Ownership chain

  1. Eteam Human Capital Group Limitedultimate parent75–100%
  2. J & C Associates Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £408k), from the Companies House accounts bulk data published Aug 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.