How much does Centrality Limited make?

Centrality Limited reported revenue of £16.2m and £1m profit in the year to 30 Jun 2024, according to its accounts filed at Companies House.

How many employees does Centrality Limited have?

Centrality Limited reported an average of 93 employees in the year to 30 Jun 2024.

Is Centrality Limited profitable?

Yes — Centrality Limited reported a profit of £1m in the year to 30 Jun 2024.

Company No. 03236716 · Incorporated 12 Aug 1996

Centrality Limited

Registered name: CENTRALITY LIMITED

Part of Intercity Technology Group Holdings Limited group

Centrality Limited made £16.2m revenue and £1m profit in the year to 30 Jun 2024. read from filing text

Centrality Limited’s revenue fell 5% to £16.2m in the year to 30 Jun 2024, with £1m profit and 93 employees. The company is classified under “information technology consultancy activities” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: Birmingham, West Midlands
Age: 30 yrs · since 1996
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: “During the year there was a change in ownership of the immediate parent company, Centrality Management Limited, which was acquired by Intercity Technology Limited on 25 April 2024. The ultimate parent”

Latest accounts · year to 30 Jun 2024

Key figures

Capital-lightCash flow filed

Revenue

£16.2m

Growth ▼4.8%

Profit

£1m

Growth ▲13.2%

Profit margin

6.2%

Gross 24.6%

Employees

Change ▲5.7%

Profit / employee

£10.8k

Revenue/employee £174k

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 to	30 Jun 2022	30 Jun 2023	30 Jun 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.9m	£17m	£16.2m
Cost of sales	£10.9m	£13.2m	£12.2m
Gross profit	£2.9m	£3.8m	£4m
Operating profit	£698k	£1.1m	£991k
Profit before tax	£687k	£1.1m	£661k
Profit after tax	£580k	£888k	£1m
Profit (best available)	£580k	£888k	£1m
Staff costs	£3.6m	£4.4m	£4.9m
Employees (average)	77	88	93
Ratios
Profit margin	4.2%	5.2%	6.2%
Gross margin	21.2%	22.3%	24.6%
Revenue per employee	£180k	£194k	£174k
Profit per employee	£7.5k	£10.1k	£10.8k
Cash conversion	−160.2%	−130.1%	−78.1%
Growth (year on year)
Revenue growth	—	▲23%	▼4.8%
Profit growth	—	▲53.2%	▲13.2%
Headcount growth	—	▲14.3%	▲5.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£206k	£952k	£761k
Net assets	£74.8k	£457k	£1m
Fixed assets	£151k	£166k	£149k
Current assets	£4.5m	£5.1m	£5m
Debtors	£1.6m	£1.5m	£1.9m
Deferred income	£1.9m	£2m	£2m
Cash from operations	−£1.1m	−£1.5m	−£774k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 6.2%; Profit ÷ revenue.
Gross margin: 24.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £174k; Revenue ÷ average employees.
Profit per employee: £10.8k; Profit ÷ average employees.
Cash conversion: −78.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 12.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.6%; 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: ▲122%; Now £1m
Cash at bank: ▼20%; Now £761k
Headcount: ▲6%; Now 93
Deferred income: ▼0%; Now £2m
Fixed assets: ▼10%; Now £149k

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

Intercity Technology Group Holdings Limitedultimate parent75–100%
Intercity Technology Holdings Limited75–100%
Intercity Technology Limited75–100%
Centrality Management Limited75–100%
Centrality 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £1m), from the Companies House accounts bulk data published Jan 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.