How much does Heathcote & Ivory Limited make?

Heathcote & Ivory Limited reported revenue of £17.2m and £260k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Heathcote & Ivory Limited have?

Heathcote & Ivory Limited reported an average of 55 employees in the year to 31 Dec 2024.

Is Heathcote & Ivory Limited profitable?

Yes — Heathcote & Ivory Limited reported a profit of £260k in the year to 31 Dec 2024.

Company No. 03749171 · Incorporated 8 Apr 1999

Heathcote & Ivory Limited

Registered name: HEATHCOTE & IVORY LIMITED

Heathcote & Ivory Limited made £17.2m revenue and £260k profit in the year to 31 Dec 2024. read from filing text

Heathcote & Ivory Limited’s revenue grew 13% to £17.2m in the year to 31 Dec 2024, with £260k profit and 55 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.

Status: Active
Location: London, London
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£17.2m

Growth ▲13.2%

Profit

£260k

Growth ▼41.1%

Profit margin

1.5%

Gross 39.6%

Employees

Change ▲10%

Profit / employee

£4.7k

Revenue/employee £314k

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	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
Profit & loss
Revenue (turnover)	£15.1m	£15.2m	£17.2m
Cost of sales	£9.1m	£8.7m	£10.4m
Gross profit	£5.9m	£6.6m	£6.8m
Operating profit	£643k	£925k	£775k
Profit before tax	£559k	£654k	£426k
Profit after tax	£405k	£441k	£260k
Profit (best available)	£405k	£441k	£260k
Staff costs	£2.6m	£3.2m	£3.5m
Employees (average)	50	50	55
Ratios
Profit margin	2.7%	2.9%	1.5%
Gross margin	39.4%	43.1%	39.6%
Revenue per employee	£302k	£305k	£314k
Profit per employee	£8.1k	£8.8k	£4.7k
Cash conversion	−59%	−146.5%	142.2%
Growth (year on year)
Revenue growth	—	▲1.1%	▲13.2%
Profit growth	—	▲8.7%	▼41.1%
Headcount growth	—	0%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£371k	£348k	£453k
Net assets	£2.1m	£2.3m	£2.6m
Fixed assets	£248k	£351k	£438k
Current assets	£6m	£5.9m	£8.9m
Debtors	£1.9m	£1.5m	£3.3m
Deferred income	£1m	£786k	£1.2m
Cash from operations	−£379k	−£1.4m	£1.1m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 39.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £314k; Revenue ÷ average employees.
Profit per employee: £4.7k; Profit ÷ average employees.
Cash conversion: 142.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.9%; 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: ▲11%; Now £2.6m
Cash at bank: ▲30%; Now £453k
Headcount: ▲10%; Now 55
Deferred income: ▲49%; Now £1.2m
Fixed assets: ▲25%; Now £438k

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £260k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 21 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.