How much does Ietg Limited make?

Ietg Limited reported revenue of £6.8m and £312k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Ietg Limited have?

Ietg Limited reported an average of 78 employees in the year to 31 Dec 2024.

Is Ietg Limited profitable?

Yes — Ietg Limited reported a profit of £312k in the year to 31 Dec 2024.

Company No. 05575376 · Incorporated 27 Sep 2005

Ietg Limited

Registered name: IETG LIMITED

Part of Idex Corporation group

Ietg Limited made £6.8m revenue and £312k profit in the year to 31 Dec 2024.

Ietg Limited’s revenue grew 9% to £6.8m in the year to 31 Dec 2024, with £312k profit and 78 employees. The company is classified under “other business support service activities” and is based in Burton-on-Trent; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Burton-on-Trent, East Midlands
Age: 21 yrs · since 2005
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: “Sophinvest SA”

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverage

Revenue

£6.8m

Growth ▲8.6%

Profit

£312k

Growth ▲13.4%

Profit margin

4.6%

Gross 43.8%

Employees

Change ▲8.3%

Profit / employee

£4k

Revenue/employee £86.6k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.5m	£6.2m	£6.8m
Cost of sales	£2.7m	£3.6m	£3.8m
Gross profit	£1.9m	£2.6m	£3m
Operating profit	£189k	£422k	£496k
Profit before tax	£139k	£381k	£490k
Profit after tax	£113k	£276k	£312k
Profit (best available)	£113k	£276k	£312k
Staff costs	—	£2.9m	£3.3m
Employees (average)	64	72	78
Ratios
Profit margin	2.5%	4.4%	4.6%
Gross margin	41%	42.5%	43.8%
Revenue per employee	£71k	£86.3k	£86.6k
Profit per employee	£1.8k	£3.8k	£4k
Growth (year on year)
Revenue growth	—	▲36.7%	▲8.6%
Profit growth	—	▲143.7%	▲13.4%
Headcount growth	—	▲12.5%	▲8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£264k	£497k	£1.6m
Net assets	£3.5m	£3.8m	£4.1m
Fixed assets	£1.2m	£1.6m	£1.9m
Current assets	£3.9m	£3.8m	£5.3m
Debtors	£564k	£691k	£729k
Deferred income	£300k	£309k	£2.1m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 43.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £86.6k; Revenue ÷ average employees.
Profit per employee: £4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 28.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 31.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.8%; 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: ▲8%; Now £4.1m
Cash at bank: ▲228%; Now £1.6m
Headcount: ▲8%; Now 78
Deferred income: ▲584%; Now £2.1m
Fixed assets: ▲21%; Now £1.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Idex Corporation (registered outside the UK register)ultimate parent75–100%
Idex UK Ltd.75–100%
Ietg Limitedthis company

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

Sister companies (1)

Seals LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £312k), from the Companies House accounts bulk data published May 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.