How much does I-Movo Limited make?

I-Movo Limited reported revenue of £6.8m and £1.9m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does I-Movo Limited have?

I-Movo Limited reported an average of 0 employees in the year to 31 Mar 2024.

Is I-Movo Limited profitable?

Yes — I-Movo Limited reported a profit of £1.9m in the year to 31 Mar 2024.

Company No. 07096894 · Incorporated 7 Dec 2009

I-Movo Limited

Registered name: I-MOVO LIMITED

Part of Paypoint PLC group

I-Movo Limited made £6.8m revenue and £1.9m profit in the year to 31 Mar 2024.

I-Movo Limited’s revenue fell 5% to £6.8m in the year to 31 Mar 2024, with £1.9m profit and 0 employees. The company is classified under “business and domestic software development” and is based in Welwyn Garden City; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities SIC 63110Data processing, hosting and related activities

Status: Active
Location: Welwyn Garden City, East of England
Age: 16 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.

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: “i-movo Holdings Limited”

Latest accounts · year to 31 Mar 2024

Key figures

Small teamCapital-light

Revenue

£6.8m

Growth ▼4.9%

Profit

£1.9m

Growth ▼33.6%

Profit margin

27.8%

Gross 57.6%

Employees

Change —

Profit / employee

—

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 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.2m	£7.2m	£6.8m
Cost of sales	£886k	£2.4m	£2.9m
Gross profit	£1.3m	£4.7m	£3.9m
Operating profit	£493k	£3.5m	£2.5m
Profit before tax	£493k	£3.5m	£2.5m
Profit after tax	£399k	£2.9m	£1.9m
Profit (best available)	£399k	£2.9m	£1.9m
Employees (average)	0	0	0
Ratios
Profit margin	18.4%	39.8%	27.8%
Gross margin	59.3%	66%	57.6%
Growth (year on year)
Revenue growth	—	▲230.6%	▼4.9%
Profit growth	—	▲617.5%	▼33.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£339k	£127k	£82k
Net assets	£844k	£3.6m	£1.5m
Fixed assets	£561k	£525k	£453k
Current assets	£1.7m	£5.1m	£6.3m
Debtors	£709k	£565k	£1.2m
Deferred income	£235k	£180k	£118k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 27.8%; Profit ÷ revenue.
Gross margin: 57.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.2%; 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: ▼59%; Now £1.5m
Cash at bank: ▼35%; Now £82k
Headcount: —; Now 0
Deferred income: ▼34%; Now £118k
Fixed assets: ▼14%; Now £453k

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

Paypoint PLCultimate parent75–100%
I-Movo Holdings Limited75–100%
I-Movo 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).

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 Mar 2024 (profit £1.9m), from the Companies House accounts bulk data published Dec 2024. 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.