Craft ICT Limited
Registered name: CRAFT ICT LIMITED
Craft ICT Limited made £292k revenue and £58.8k profit in the year to 31 Oct 2025.
Craft ICT Limited’s revenue grew 14% to £292k in the year to 31 Oct 2025, with £58.8k profit and 3 employees. The company is classified under “business and domestic software development” and is based in Thetford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Thetford, East of England
- Age
- 23 yrs · since 2002
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £255k | £292k |
| Cost of sales | — | — | £73.6k | £90.7k |
| Gross profit | — | — | £182k | £201k |
| Operating profit | — | — | £54.8k | £77.7k |
| Profit before tax | — | — | £57.2k | £79k |
| Profit after tax | — | — | £48.9k | £58.8k |
| Profit (best available) | — | — | £48.9k | £58.8k |
| Employees (average) | 3 | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | — | — | 19.2% | 20.1% |
| Gross margin | — | — | 71.2% | 69% |
| Revenue per employee | — | — | £85k | £97.3k |
| Profit per employee | — | — | £16.3k | £19.6k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲14.4% |
| Profit growth | — | — | — | ▲20.3% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £167k | £184k | £117k | £124k |
| Net assets | £173k | £162k | £145k | £131k |
| Fixed assets | £45.5k | £38.5k | £52.1k | £42.3k |
| Current assets | £233k | £217k | £178k | £194k |
| Debtors | £43.6k | £22.4k | £38.6k | £35.3k |
| Source | FilletedAccounts · bulk data Jul 2024 | FilletedAccounts · bulk data Jul 2024 | FilletedAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 20.1%
- Profit ÷ revenue.
- Gross margin
- 69%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £97.3k
- Revenue ÷ average employees.
- Profit per employee
- £19.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.1%
- 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
- ▼10%
- Now £131k
- Cash at bank
- ▲6%
- Now £124k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼19%
- Now £42.3k
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £58.8k), from the Companies House accounts bulk data published Jul 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.