Iforce Trading Limited
Registered name: IFORCE TRADING LIMITED
Part of TM Corporate Holdings UK Limited groupIforce Trading Limited made £12.8m revenue and £1.5m profit in the year to 29 Dec 2024.
Iforce Trading Limited’s revenue fell 7% to £12.8m in the year to 29 Dec 2024, with £1.5m profit and 192 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Warrington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warrington
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 29 Dec 2023 | 31 Dec 2023 | 29 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £17m | £13.8m | £13.8m | £12.8m |
| Cost of sales | −£12.4m | −£8.4m | −£8.4m | −£8.4m |
| Gross profit | £4.7m | £5.4m | £5.4m | £4.4m |
| Operating profit | £1.6m | £2.5m | £2.5m | £1.9m |
| Profit before tax | £1.6m | £2.5m | £2.5m | £1.9m |
| Profit after tax | £1.3m | £1.8m | £1.8m | £1.5m |
| Profit (best available) | £1.3m | £1.8m | £1.8m | £1.5m |
| Employees (average) | 323 | 213 | 213 | 192 |
| Ratios | ||||
| Profit margin | 7.5% | 12.8% | 12.8% | 11.9% |
| Gross margin | 27.4% | 39.1% | 39.1% | 34.2% |
| Revenue per employee | £52.7k | £64.6k | £64.6k | £66.8k |
| Profit per employee | £4k | £8.2k | £8.2k | £8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼19.2% | — | ▼6.7% |
| Profit growth | — | ▲37% | — | ▼12.8% |
| Headcount growth | — | ▼34.1% | — | ▼9.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 11.9%
- Profit ÷ revenue.
- Gross margin
- 34.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £66.8k
- Revenue ÷ average employees.
- Profit per employee
- £8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼10%
- Now 192
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TM Corporate Holdings UK Limitedultimate parent75–100%
- Culina Group Limited75–100%
- Greenwhitestar Acquisitions Limited75–100%
- Iforce Group Limited75–100%
- Iforce Trading Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Iforce Auctions LimitedFigures not disclosed
- Iforce LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Dec 2024 (profit £1.5m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 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.