How much does Iqus Limited make?

Iqus Limited reported revenue of £3.3m and £332k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Iqus Limited have?

Iqus Limited reported an average of 31 employees in the year to 31 Dec 2025.

Is Iqus Limited profitable?

Yes — Iqus Limited reported a profit of £332k in the year to 31 Dec 2025.

Company No. 04070870 · Incorporated 13 Sep 2000

Iqus Limited

Registered name: IQUS LIMITED

Part of M3 Inc group

Iqus Limited made £3.3m revenue and £332k profit in the year to 31 Dec 2025.

Iqus Limited’s revenue fell 6% to £3.3m in the year to 31 Dec 2025, with £332k profit and 31 employees. The company is classified under “business and domestic software development” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 26 yrs · since 2000
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: “100% of the company's share capital is held by M3 Medical Holdings Limited, making this a related party.”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£3.3m

Growth ▼6.5%

Profit

£332k

Growth ▼31.9%

Profit margin

10.2%

Gross 65.6%

Employees

Change ▲3.3%

Profit / employee

£10.7k

Revenue/employee £105k

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 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.1m	£3.3m	£3.5m	£3.3m
Cost of sales	£783k	£876k	£1.3m	£1.1m
Gross profit	£2.3m	£2.4m	£2.2m	£2.1m
Operating profit	£902k	£871k	£586k	£396k
Profit before tax	£903k	£893k	£650k	£443k
Profit after tax	£668k	£684k	£487k	£332k
Profit (best available)	£668k	£684k	£487k	£332k
Staff costs	£1.2m	£1.3m	£1.6m	£1.6m
Employees (average)	31	27	30	31
Ratios
Profit margin	21.7%	20.8%	14%	10.2%
Gross margin	74.6%	73.3%	64%	65.6%
Revenue per employee	£99.5k	£122k	£116k	£105k
Profit per employee	£21.6k	£25.3k	£16.2k	£10.7k
Cash conversion	−79.2%	−185.4%	−160.1%	−172.6%
Growth (year on year)
Revenue growth	—	▲6.6%	▲6.2%	▼6.5%
Profit growth	—	▲2.3%	▼28.7%	▼31.9%
Headcount growth	—	▼12.9%	▲11.1%	▲3.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£2.5m	£2.2m	£1.9m
Net assets	£1.2m	£1.9m	£1.4m	£1.7m
Fixed assets	£1.1m	£1m	£914k	£1.3m
Current assets	£2.3m	£2.9m	£2.8m	£2.6m
Debtors	£956k	£345k	£558k	£532k
Cash from operations	−£714k	−£1.6m	−£939k	−£684k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 10.2%; Profit ÷ revenue.
Gross margin: 65.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £105k; Revenue ÷ average employees.
Profit per employee: £10.7k; Profit ÷ average employees.
Cash conversion: −172.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 40.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.3%; 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: ▲24%; Now £1.7m
Cash at bank: ▼10%; Now £1.9m
Headcount: ▲3%; Now 31
Deferred income: —; Now —
Fixed assets: ▲43%; Now £1.3m

Corporate ownership

Group structure

Ownership chain

M3 Inc (registered outside the UK register)ultimate parent75–100%
M3 (EU) Limited75–100%
Iqus Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (9)

Doctorsnetuk LimitedFigures not disclosed
Jobconnect LimitedFigures not disclosed
M3 Clinical Data Services LtdFigures not disclosed
M3 Global Research LtdFigures not disclosed
M3 Health LimitedFigures not disclosed
M3 Healthcare LimitedFigures not disclosed
Medeconnect LimitedFigures not disclosed
Pharmaconnect LimitedFigures not disclosed
Uknursing.net 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 Dec 2025 (profit £332k), from the Companies House accounts bulk data published Aug 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.