Izit Group Limited
Registered name: IZIT GROUP LIMITED
Izit Group Limited made £34.8m revenue and a £30 loss in the year to 22 Mar 2025.
Izit Group Limited’s revenue grew 34% to £34.8m in the year to 22 Mar 2025, with a loss of £30 and 2,788 employees. The company is classified under “activities of head offices” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 17 yrs · since 2009
- 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 | 26 Mar 2022 | 25 Mar 2023 | 23 Mar 2024 | 22 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24m | £23.4m | £25.9m | £34.8m |
| Cost of sales | £18.6m | £17.6m | £19.8m | £27.4m |
| Gross profit | £5.4m | £5.8m | £6.1m | £7.4m |
| Operating profit | £472k | £316k | £166k | £486k |
| Profit before tax | £468k | £275k | £58.2k | £404k |
| Profit after tax | −£2.6k | −£2.5k | −£30 | −£30 |
| Profit (best available) | −£2.6k | −£2.5k | −£30 | −£30 |
| Staff costs | £22m | £20.6m | £22.6m | £30.4m |
| Employees (average) | 2,307 | 2,180 | 2,350 | 2,788 |
| Ratios | ||||
| Profit margin | 0% | 0% | 0% | 0% |
| Gross margin | 22.6% | 24.9% | 23.7% | 21.3% |
| Revenue per employee | £10.4k | £10.7k | £11k | £12.5k |
| Profit per employee | −£1 | −£1 | £0 | £0 |
| Cash conversion | −162.9% | −391.6% | 143.9% | 195.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.5% | ▲10.6% | ▲34.4% |
| Headcount growth | — | ▼5.5% | ▲7.8% | ▲18.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £75.8k | £15.8k | £15.8k | £15.8k |
| Net assets | £741k | £739k | £739k | £739k |
| Fixed assets | £693k | £439k | £502k | £335k |
| Current assets | £101k | £15.9k | £15.8k | £15.8k |
| Debtors | £3.1m | £3.2m | £3.7m | £5.1m |
| Cash from operations | −£769k | −£1.2m | £238k | £949k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 21.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £12.5k
- Revenue ÷ average employees.
- Profit per employee
- £0
- Profit ÷ average employees.
- Cash conversion
- 195.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.6%
- 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
- 0%
- Now £739k
- Cash at bank
- ▼0%
- Now £15.8k
- Headcount
- ▲19%
- Now 2,788
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £335k
Group structure
Subsidiaries (4)
- Expd8 LimitedRev. £34.8m · Profit £202k
- Expd8 FM LimitedFigures not disclosed
- Expd8 Solutions LtdFigures not disclosed
- Expd8 UK LimitedFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 22 Mar 2025 (profit −£30), from the Companies House accounts bulk data published Dec 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.