Ignite (Grantham) Limited
Registered name: IGNITE (GRANTHAM) LIMITED
Part of Hopton Trading Holdings Limited groupIgnite (Grantham) Limited made £23.9m revenue and £3.4m profit in the year to 31 Mar 2025.
Ignite (Grantham) Limited’s revenue grew 17% to £23.9m in the year to 31 Mar 2025, with £3.4m profit and 90 employees. The company is classified under “retail sale of mobile telephones” and is based in Derby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Derby, East Midlands
- Age
- 15 yrs · since 2010
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.7m | £20.7m | £20.4m | £23.9m |
| Cost of sales | £16.1m | £16.5m | £16.4m | £17.2m |
| Gross profit | £3.6m | £4.2m | £4m | £6.7m |
| Operating profit | £526k | £826k | £676k | £4.6m |
| Profit before tax | £526k | £829k | £682k | £4.6m |
| Profit after tax | £415k | £667k | £505k | £3.4m |
| Profit (best available) | £415k | £667k | £505k | £3.4m |
| Staff costs | £2.4m | £2.6m | £2.9m | £3.3m |
| Employees (average) | 90 | 91 | 96 | 90 |
| Ratios | ||||
| Profit margin | 2.1% | 3.2% | 2.5% | 14.3% |
| Gross margin | 18.2% | 20.2% | 19.6% | 27.9% |
| Revenue per employee | £218k | £228k | £213k | £266k |
| Profit per employee | £4.6k | £7.3k | £5.3k | £38k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.3% | ▼1.4% | ▲17.1% |
| Profit growth | — | ▲60.9% | ▼24.3% | ▲576.9% |
| Headcount growth | — | ▲1.1% | ▲5.5% | ▼6.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £401k | £498k | £111k | £2.2m |
| Net assets | £2.6m | £2.1m | £2.6m | £5m |
| Fixed assets | £320k | £265k | £226k | £235k |
| Current assets | £12m | £11.8m | £11.3m | £9.4m |
| Debtors | £1.3m | £1.5m | £619k | £877k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 14.3%
- Profit ÷ revenue.
- Gross margin
- 27.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £266k
- Revenue ÷ average employees.
- Profit per employee
- £38k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- 3.7%
- 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
- ▲90%
- Now £5m
- Cash at bank
- ▲1891%
- Now £2.2m
- Headcount
- ▼6%
- Now 90
- Deferred income
- —
- Now —
- Fixed assets
- ▲4%
- Now £235k
Group structure
Ownership chain
- Hopton Trading Holdings Limitedultimate parent75–100%
- Ignite (Grantham) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ignite (North) LimitedRev. £13.9m · Profit £2m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Ignite (North) LimitedDerby · Retail sale of mobile telephones
- Revenue
- £13.9m
- Profit
- £2m
- Staff
- 51
- Ortel LimitedGloucester, · Retail sale of mobile telephones
- Revenue
- £12.3m
- Profit
- £2m
- Staff
- 102
- Brandpath UK LimitedMilton Keynes · Retail sale of mobile telephones
- Revenue
- £8.6m
- Profit
- £365k
- Staff
- 75
- Cubic Defence UK Ltd.Redhill · Retail sale of telecommunications equipment other than mobile telephones
- Revenue
- £20.2m
- Profit
- £3.4m
- Staff
- 96
- Peak Technologies LtdLondon · Retail sale of telecommunications equipment other than mobile telephones
- Revenue
- £45.7m
- Profit
- £2.1m
- Staff
- 109
- Comm-Tech Voice & Data LimitedNorwich · Retail sale of telecommunications equipment other than mobile telephones
- Revenue
- £8.1m
- Profit
- £1.5m
- Staff
- 43
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.4m), 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.