Inteq Systems Limited
Registered name: INTEQ SYSTEMS LIMITED
Part of Gxo Logistics, Inc. groupInteq Systems Limited made £4.9m revenue and a £1.8m loss in the year to 31 Mar 2025.
Inteq Systems Limited’s revenue fell 7% to £4.9m in the year to 31 Mar 2025, with a loss of £1.8m and 83 employees. The company is classified under “other information technology service activities” and is based in Chippenham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Chippenham, South West
- Age
- 22 yrs · since 2004
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5m | £5.3m | £4.9m |
| Cost of sales | £3.1m | £3.7m | £3.7m |
| Gross profit | £1.9m | £1.6m | £1.2m |
| Operating profit | £410k | −£356k | −£1.8m |
| Profit before tax | £421k | −£339k | −£1.8m |
| Profit after tax | £372k | −£317k | −£1.8m |
| Profit (best available) | £372k | −£317k | −£1.8m |
| Staff costs | £3.1m | £4.7m | £5.3m |
| Employees (average) | 54 | 72 | 83 |
| Ratios | |||
| Profit margin | 7.4% | −5.9% | −35.6% |
| Gross margin | 37.4% | 30.1% | 25% |
| Revenue per employee | £92.5k | £73.9k | £59.4k |
| Profit per employee | £6.9k | −£4.4k | −£21.1k |
| Cash conversion | −274.3% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.5% | ▼7.3% |
| Profit growth | — | ▼185.1% | — |
| Headcount growth | — | ▲33.3% | ▲15.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.8m | £2.4m | £1.6m |
| Net assets | £2.5m | £2.4m | £689k |
| Fixed assets | £633k | £634k | £103k |
| Current assets | £3.3m | £3.5m | £5.8m |
| Debtors | £757k | £577k | £2m |
| Deferred income | £827k | £1.2m | £1m |
| Cash from operations | −£1.1m | −£588k | — |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −35.6%
- Profit ÷ revenue.
- Gross margin
- 25%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59.4k
- Revenue ÷ average employees.
- Profit per employee
- −£21.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 21%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 39.7%
- 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
- ▼72%
- Now £689k
- Cash at bank
- ▼34%
- Now £1.6m
- Headcount
- ▲15%
- Now 83
- Deferred income
- ▼17%
- Now £1m
- Fixed assets
- ▼84%
- Now £103k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Gxo Logistics, Inc. (registered outside the UK register)ultimate parent75–100%
- Wincanton Limited75–100%
- Wincanton Techco Limited75–100%
- Inteq Group Limited75–100%
- Inteq Systems Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Inteq Integration LimitedRev. £6m · Profit −£912k
- Inteq Controls LimitedRev. £2m · Profit £714k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.8m), from the Companies House accounts bulk data published Mar 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.