Ithq Holdings Ltd
Registered name: ITHQ HOLDINGS LTD
Ithq Holdings Ltd made £5m revenue and £160k profit in the year to 31 Mar 2025.
Ithq Holdings Ltd’s revenue grew 22% to £5m in the year to 31 Mar 2025, with £160k profit and 19 employees. The company is classified under “management consultancy activities other than financial management” and is based in Bristol; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 18 yrs · since 2008
- 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.
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) | £2.4m | £4.1m | £5m |
| Cost of sales | £1.2m | £2.5m | £2.8m |
| Gross profit | £1.2m | £1.6m | £2.3m |
| Operating profit | £137k | £241k | £425k |
| Profit before tax | £137k | £294k | £538k |
| Profit after tax | −£19.9k | £91.9k | £160k |
| Profit (best available) | −£19.9k | £91.9k | £160k |
| Employees (average) | 12 | 15 | 19 |
| Ratios | |||
| Profit margin | −0.8% | 2.2% | 3.2% |
| Gross margin | 49.6% | 39.7% | 45% |
| Revenue per employee | £196k | £275k | £265k |
| Profit per employee | −£1.7k | £6.1k | £8.4k |
| Cash conversion | 171.9% | 164.6% | 103.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲75% | ▲22.2% |
| Profit growth | — | — | ▲73.9% |
| Headcount growth | — | ▲25% | ▲26.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6.1k | £15.6k | £14.1k |
| Net assets | £1m | £1.2m | £1.4m |
| Fixed assets | £347k | £416k | £211k |
| Current assets | £786k | £1.2m | £1.3m |
| Debtors | £199k | £199k | £199k |
| Cash from operations | £235k | £397k | £438k |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 45%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £265k
- Revenue ÷ average employees.
- Profit per employee
- £8.4k
- Profit ÷ average employees.
- Cash conversion
- 103.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.9%
- 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
- ▲13%
- Now £1.4m
- Cash at bank
- ▼9%
- Now £14.1k
- Headcount
- ▲27%
- Now 19
- Deferred income
- —
- Now —
- Fixed assets
- ▼49%
- Now £211k
Group structure
Subsidiaries (2)
- Ithq LtdRev. £4.6m · Profit £155k
- Stride Piv LtdRev. £449k · Profit £109k
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 £160k), from the Companies House accounts bulk data published Sep 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.