Ioco Solutions Limited
Registered name: IOCO SOLUTIONS LIMITED
Ioco Solutions Limited made £6.7m revenue and £64.9k profit in the year to 31 Jul 2025.
Ioco Solutions Limited’s revenue grew 22% to £6.7m in the year to 31 Jul 2025, with £64.9k profit and 23 employees. The company is classified under “other information technology service activities” and is based in Hertford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hertford, East of England
- Age
- 18 yrs · since 2008
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £3.7m | £4.8m | £5.5m | £6.7m |
| Cost of sales | £2.4m | £3.2m | £3.8m | £4.9m |
| Gross profit | £1.3m | £1.6m | £1.7m | £1.8m |
| Operating profit | £215k | £69.9k | £207k | £83.5k |
| Profit before tax | £215k | £74.9k | £210k | £90.2k |
| Profit after tax | £165k | £57.5k | £156k | £64.9k |
| Profit (best available) | £165k | £57.5k | £156k | £64.9k |
| Employees (average) | 18 | 22 | 25 | 23 |
| Ratios | ||||
| Profit margin | 4.5% | 1.2% | 2.9% | 1% |
| Gross margin | 35.7% | 32.7% | 30.4% | 26.9% |
| Revenue per employee | £206k | £218k | £220k | £292k |
| Profit per employee | £9.2k | £2.6k | £6.3k | £2.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲29.2% | ▲14.7% | ▲22.3% |
| Profit growth | — | ▼65.2% | ▲172% | ▼58.5% |
| Headcount growth | — | ▲22.2% | ▲13.6% | ▼8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9m | £645k | £1.3m | £1.2m |
| Net assets | £1.5m | £1.2m | £1.3m | £1.3m |
| Fixed assets | £119k | £232k | £244k | £182k |
| Current assets | £3.8m | £3.4m | £4.4m | £3.8m |
| Debtors | £808k | £1.4m | £1.4m | £820k |
| Deferred income | £988k | £597k | £862k | £752k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 26.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £292k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.2%
- 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
- ▼4%
- Now £1.3m
- Cash at bank
- ▼9%
- Now £1.2m
- Headcount
- ▼8%
- Now 23
- Deferred income
- ▼13%
- Now £752k
- Fixed assets
- ▼25%
- Now £182k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £64.9k), from the Companies House accounts bulk data published Jun 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.