How much does Ideaworks (London) Limited make?

Ideaworks (London) Limited reported revenue of £33m and a loss of £18.4k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ideaworks (London) Limited have?

Ideaworks (London) Limited reported an average of 173 employees in the year to 31 Mar 2025.

Is Ideaworks (London) Limited profitable?

No — Ideaworks (London) Limited reported a loss of £18.4k in the year to 31 Mar 2025.

Company No. 03943726 · Incorporated 9 Mar 2000

Ideaworks (London) Limited

Registered name: IDEAWORKS (LONDON) LIMITED

Ideaworks (London) Limited made £33m revenue and a £18.4k loss in the year to 31 Mar 2025.

Ideaworks (London) Limited’s revenue fell 9% to £33m in the year to 31 Mar 2025, with a loss of £18.4k and 173 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 26 yrs · since 2000
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£33m

Growth ▼9.1%

Profit

−£18.4k

Growth ▼154.1%

Profit margin

−0.1%

Gross 13.8%

Employees

173

Change ▲11.6%

Profit / employee

−£106

Revenue/employee £191k

Profitable streak

0yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.2m	£25.4m	£36.3m	£33m
Cost of sales	£18.5m	£20.9m	£31.5m	£28.4m
Gross profit	£3.7m	£4.5m	£4.8m	£4.6m
Operating profit	£164k	£779k	—	—
Profit before tax	£167k	£369k	£51.8k	£88.2k
Profit after tax	£51.2k	£391k	£34.1k	−£18.4k
Profit (best available)	£51.2k	£391k	£34.1k	−£18.4k
Staff costs	£6.5m	£6.3m	£7.7m	£8.6m
Employees (average)	141	146	155	173
Ratios
Profit margin	0.2%	1.5%	0.1%	−0.1%
Gross margin	16.8%	17.6%	13.1%	13.8%
Revenue per employee	£157k	£174k	£234k	£191k
Profit per employee	£363	£2.7k	£220	−£106
Cash conversion	−837.4%	2384%	—	—
Growth (year on year)
Revenue growth	—	▲14.4%	▲42.9%	▼9.1%
Profit growth	—	▲663.8%	▼91.3%	▼154.1%
Headcount growth	—	▲3.5%	▲6.2%	▲11.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£3.6m	£1.1m	£971k
Net assets	£5.9m	£5.9m	£5.9m	£5.9m
Fixed assets	£880k	£1.4m	£2.1m	£2.4m
Current assets	£16.2m	£34.8m	£13.4m	£11.9m
Debtors	£3.4m	£4.3m	£2.7m	£1.3m
Deferred income	£2.7m	£2.3m	£2.2m	£755k
Cash from operations	−£1.4m	£18.6m	£17.5m	−£1.5m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −0.1%; Profit ÷ revenue.
Gross margin: 13.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £191k; Revenue ÷ average employees.
Profit per employee: −£106; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.1%; 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: ▼0%; Now £5.9m
Cash at bank: ▼9%; Now £971k
Headcount: ▲12%; Now 173
Deferred income: ▼66%; Now £755k
Fixed assets: ▲15%; Now £2.4m

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

Subsidiaries (2)

Ideaworks Marine LimitedFigures not disclosed
Sound Ideas U.K. LimitedFigures not disclosed

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 Mar 2025 (profit −£18.4k), from the Companies House accounts bulk data published Dec 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.