Expandable IT Limited
Registered name: EXPANDABLE IT LIMITED
Expandable IT Limited made £6.9k revenue and £2.3k profit in the year to 28 Feb 2025.
Expandable IT Limited’s revenue fell 23% to £6.9k in the year to 28 Feb 2025, with £2.3k profit and 3 employees. The company is classified under “other information technology service activities” and is based in Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 22 yrs · since 2004
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.2k | £9.1k | £9k | £6.9k |
| Cost of sales | — | £851 | £1.7k | — |
| Gross profit | — | £8.2k | £7.3k | — |
| Operating profit | — | £4.7k | £3.4k | — |
| Profit before tax | — | £4.7k | £3.4k | — |
| Profit after tax | £8.7k | £3.6k | £2.8k | £2.3k |
| Profit (best available) | £8.7k | £3.6k | £2.8k | £2.3k |
| Staff costs | £3k | £3k | £3k | £3k |
| Employees (average) | — | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | 60.9% | 39.6% | 30.8% | 33.3% |
| Gross margin | — | 90.6% | 80.8% | — |
| Revenue per employee | — | £3k | £3k | £2.3k |
| Profit per employee | — | £1.2k | £927 | £769 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼36.3% | ▼0.5% | ▼23.2% |
| Profit growth | — | ▼58.5% | ▼22.6% | ▼17.1% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £7.2k | £8.5k | — |
| Net assets | £7.3k | £9.1k | £10.5k | £11.8k |
| Fixed assets | £1.8k | £1.4k | £1k | £1.5k |
| Current assets | £25.4k | £12.4k | £13.3k | £14k |
| Debtors | — | £5.2k | £4.9k | — |
| Deferred income | — | £875 | £50 | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 33.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.3k
- Revenue ÷ average employees.
- Profit per employee
- £769
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.2%
- 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
- ▲12%
- Now £11.8k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▲52%
- Now £1.5k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £2.3k), from the Companies House accounts bulk data published Nov 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.