Ikm Testing UK Limited
Registered name: IKM TESTING UK LIMITED
Ikm Testing UK Limited made £43.2m revenue and £3.5m profit in the year to 31 Dec 2025.
Ikm Testing UK Limited’s revenue grew 32% to £43.2m in the year to 31 Dec 2025, with £3.5m profit and 224 employees. The company is classified under “other engineering activities” and is based in Cramlington; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Cramlington, North East
- Age
- 28 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: “IKM Gruppen AS, Ljosheimveien 3, N-4050 Sola, Norway”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £26.2m | £32.8m | £43.2m |
| Cost of sales | £18.3m | £22.9m | £31.4m |
| Gross profit | £7.9m | £9.9m | £11.8m |
| Operating profit | £1.9m | £3.5m | £4.5m |
| Profit before tax | £2.1m | £3.5m | £4.5m |
| Profit after tax | £1.6m | £2.6m | £3.5m |
| Profit (best available) | £1.6m | £2.6m | £3.5m |
| Staff costs | £12.6m | £15m | £16.7m |
| Employees (average) | 171 | 154 | 224 |
| Ratios | |||
| Profit margin | 6% | 8% | 8.1% |
| Gross margin | 30% | 30.1% | 27.3% |
| Revenue per employee | £153k | £213k | £193k |
| Profit per employee | £9.2k | £17k | £15.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲25.1% | ▲31.8% |
| Profit growth | — | ▲66% | ▲33.3% |
| Headcount growth | — | ▼9.9% | ▲45.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.7m | £4.5m | £5m |
| Net assets | £15.6m | £16m | £17.5m |
| Fixed assets | £3.6m | £3.4m | £3.9m |
| Current assets | £16.1m | £17m | £19.7m |
| Debtors | £4.5m | £8.1m | £8.4m |
| Deferred income | £759k | £1.1m | £1.4m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 8.1%
- Profit ÷ revenue.
- Gross margin
- 27.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £193k
- Revenue ÷ average employees.
- Profit per employee
- £15.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.4%
- 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
- ▲9%
- Now £17.5m
- Cash at bank
- ▲11%
- Now £5m
- Headcount
- ▲45%
- Now 224
- Deferred income
- ▲32%
- Now £1.4m
- Fixed assets
- ▲13%
- Now £3.9m
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 Dec 2025 (profit £3.5m), from the Companies House accounts bulk data published Jun 2026. 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.