IX Reach Ltd
Registered name: IX REACH LTD
Part of Bso Ireland Limited groupIX Reach Ltd made £7.7m revenue and £331k profit in the year to 31 Dec 2025.
IX Reach Ltd’s revenue fell 1% to £7.7m in the year to 31 Dec 2025, with £331k profit and 1 employee. The company is classified under “wired telecommunications activities” and is based in Cheadle; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cheadle, North West
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “IXR Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £7.7m | £7.7m |
| Cost of sales | — | — | £6.7m | £6.8m |
| Gross profit | — | — | £1.1m | £921k |
| Operating profit | — | — | £535k | £388k |
| Profit before tax | — | — | £528k | £331k |
| Profit after tax | — | — | £528k | £331k |
| Profit (best available) | — | — | £528k | £331k |
| Employees (average) | 19 | 12 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | 6.8% | 4.3% |
| Gross margin | — | — | 13.7% | 12% |
| Revenue per employee | — | — | £7.7m | £7.7m |
| Profit per employee | — | — | £528k | £331k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼0.5% |
| Profit growth | — | — | — | ▼37.2% |
| Headcount growth | — | ▼36.8% | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £190k | £286k | £348k | £319k |
| Net assets | −£288k | −£1.3m | −£700k | −£369k |
| Fixed assets | £82.1k | £53.8k | £3.9k | £98 |
| Current assets | £4.4m | £4.3m | £4.3m | £5.9m |
| Debtors | £4.2m | £4m | £466k | £365k |
| Deferred income | — | — | £556k | £410k |
| Source | AbridgedAccounts · bulk data Jan 2024 | AbridgedAccounts · bulk data Jan 2024 | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 12%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £7.7m
- Revenue ÷ average employees.
- Profit per employee
- £331k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.7%
- 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
- —
- Now −£369k
- Cash at bank
- ▼8%
- Now £319k
- Headcount
- 0%
- Now 1
- Deferred income
- ▼26%
- Now £410k
- Fixed assets
- ▼97%
- Now £98
Group structure
Ownership chain
- Bso Ireland Limited (registered outside the UK register)ultimate parent75–100%
- Ixr Investments Ltd75–100%
- Ixr Holdings Limited75–100%
- IX Reach Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £331k), from the Companies House accounts bulk data published Sep 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.