How much does Idexx Technologies Limited make?

Idexx Technologies Limited reported revenue of £6.4m and £839k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Idexx Technologies Limited have?

Idexx Technologies Limited reported an average of 24 employees in the year to 31 Dec 2024.

Is Idexx Technologies Limited profitable?

Yes — Idexx Technologies Limited reported a profit of £839k in the year to 31 Dec 2024.

Company No. 03364828 · Incorporated 2 May 1997

Idexx Technologies Limited

Registered name: IDEXX TECHNOLOGIES LIMITED

Part of Idexx Laboratories, Inc. group

Idexx Technologies Limited made £6.4m revenue and £839k profit in the year to 31 Dec 2024. read from filing text

Idexx Technologies Limited’s revenue grew 13% to £6.4m in the year to 31 Dec 2024, with £839k profit and 24 employees. The company is classified under “other manufacturing” and is based in Studlands Park Avenue, Newmarket; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.SIC 96090Other service activities n.e.c.

Status: Active
Location: Studlands Park Avenue, Newmarket, East of England
Age: 29 yrs · since 1997
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: “The immediate controlling company is IDEXX UK Acquisition Limited and the ultimate controlling company is IDEXX Laboratories Inc, a company incorporated in the USA. Copies of the group accounts incorp”

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with less

Revenue

£6.4m

Growth ▲13.5%

Profit

£839k

Growth ▼11.2%

Profit margin

13.1%

Gross 54.5%

Employees

Change ▼11.1%

Profit / employee

£35k

Revenue/employee £266k

Profitable streak

4yrs

Consecutive profitable years in our data

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 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.7m	£5.2m	£5.6m	£6.4m
Cost of sales	£2.2m	£2.7m	£2.5m	£2.9m
Gross profit	£2.5m	£2.5m	£3.1m	£3.5m
Operating profit	£1.1m	£840k	£896k	£1.1m
Profit before tax	£1.1m	£850k	£1.1m	£1.5m
Profit after tax	£918k	£902k	£944k	£839k
Profit (best available)	£918k	£902k	£944k	£839k
Staff costs	£1.5m	£1.6m	£1.7m	£1.7m
Employees (average)	27	26	27	24
Ratios
Profit margin	19.4%	17.4%	16.8%	13.1%
Gross margin	53.5%	48.9%	55.6%	54.5%
Revenue per employee	£176k	£200k	£209k	£266k
Profit per employee	£34k	£34.7k	£35k	£35k
Growth (year on year)
Revenue growth	—	▲9.4%	▲8.6%	▲13.5%
Profit growth	—	▼1.8%	▲4.7%	▼11.2%
Headcount growth	—	▼3.7%	▲3.9%	▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£89	£0	—	—
Net assets	£9.7m	£10.1m	£11m	£11.9m
Fixed assets	£460k	£2.7m	£13.8k	£2.2m
Current assets	£10.1m	£8.1m	£9.2m	£10.7m
Debtors	£9.4m	£7.5m	£8.6m	£10m
Deferred income	£256k	£268k	£280k	£339k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 13.1%; Profit ÷ revenue.
Gross margin: 54.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £266k; Revenue ÷ average employees.
Profit per employee: £35k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 33.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 156.5%; 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: ▲8%; Now £11.9m
Cash at bank: —; Now —
Headcount: ▼11%; Now 24
Deferred income: ▲21%; Now £339k
Fixed assets: ▲15541%; Now £2.2m

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

Idexx Laboratories, Inc. (registered outside the UK register)ultimate parent75–100%
Idexx UK Acquisition Limited75–100%
Idexx Technologies 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 Dec 2024 (profit £839k), 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.