Azpects Limited
Registered name: AZPECTS LIMITED
Part of Unitech Innovations Limited groupAzpects Limited made £16.5m revenue and £1.8m profit in the year to 30 Jun 2025.
Azpects Limited’s revenue fell 1% to £16.5m in the year to 30 Jun 2025, with £1.8m profit and 38 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Ipswich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ipswich, East of England
- Age
- 17 yrs · since 2009
- 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: “Unitech Innovations Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.8m | £14.7m | £16.7m | £16.5m |
| Cost of sales | £9.8m | £9.6m | £11.1m | £10.7m |
| Gross profit | £6m | £5.1m | £5.5m | £5.8m |
| Operating profit | £2.9m | £2m | £2.1m | £1.8m |
| Profit before tax | £2.9m | £2m | £2.1m | £1.8m |
| Profit after tax | £2.4m | £1.5m | £1.6m | £1.8m |
| Profit (best available) | £2.4m | £1.5m | £1.6m | £1.8m |
| Staff costs | £1.5m | £1.6m | £1.8m | £2m |
| Employees (average) | 38 | 38 | 38 | 38 |
| Ratios | ||||
| Profit margin | 14.9% | 10.5% | 9.5% | 10.7% |
| Gross margin | 37.9% | 34.8% | 33.2% | 35.2% |
| Revenue per employee | £416k | £386k | £439k | £434k |
| Profit per employee | £61.9k | £40.4k | £41.6k | £46.5k |
| Cash conversion | −90.4% | −44.8% | −71.2% | −79.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼7.2% | ▲13.6% | ▼0.9% |
| Profit growth | — | ▼34.8% | ▲3.1% | ▲11.6% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.6m | £4m | £4.8m | £6.1m |
| Net assets | £7.3m | £8.5m | £9.1m | £10.6m |
| Fixed assets | £155k | £82.9k | £123k | £186k |
| Current assets | £9.6m | £10.8m | £12.1m | £13.6m |
| Debtors | £4m | £4.7m | £5.2m | £5.6m |
| Deferred income | £23.6k | £23.6k | — | — |
| Cash from operations | −£2.6m | −£875k | −£1.5m | −£1.5m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 10.7%
- Profit ÷ revenue.
- Gross margin
- 35.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £434k
- Revenue ÷ average employees.
- Profit per employee
- £46.5k
- Profit ÷ average employees.
- Cash conversion
- −79.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 34%
- 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
- ▲17%
- Now £10.6m
- Cash at bank
- ▲26%
- Now £6.1m
- Headcount
- 0%
- Now 38
- Deferred income
- —
- Now —
- Fixed assets
- ▲51%
- Now £186k
Group structure
Ownership chain
- Unitech Innovations Limitedultimate parent75–100%
- Azpects Limitedthis 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 30 Jun 2025 (profit £1.8m), 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.