Ivegate Limited
Registered name: IVEGATE LIMITED
Part of Ford Family Holding Company Ltd groupIvegate Limited made £57.1m revenue and £2.6m profit in the year to 31 Dec 2025. read from filing text
Ivegate Limited’s revenue grew 24% to £57.1m in the year to 31 Dec 2025, with £2.6m profit and 92 employees. The company is classified under “electrical installation” and is based in Leeds; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 15 yrs · since 2011
- 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: “The company's immediate parent company is Ivegate Group Limited, a company incorporated in the United Kingdom.”
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 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £44.6m | £38.4m | £22.9m | £46.2m | £57.1m |
| Cost of sales | £39.5m | £35.7m | £20.4m | £42.5m | £49.8m |
| Gross profit | £5.1m | £2.7m | £2.6m | £3.7m | £7.3m |
| Operating profit | £2.9m | −£308k | £1.2m | £227k | £3.1m |
| Profit before tax | £2.9m | −£320k | £1.2m | £213k | £3.1m |
| Profit after tax | £2.3m | £203k | £1m | £711k | £2.6m |
| Profit (best available) | £2.3m | £203k | £1m | £711k | £2.6m |
| Staff costs | £2.5m | £4m | £1.9m | £4.2m | £4.9m |
| Employees (average) | 55 | 78 | 93 | 93 | 92 |
| Ratios | |||||
| Profit margin | 5.3% | 0.5% | 4.5% | 1.5% | 4.6% |
| Gross margin | 11.5% | 7% | 11.2% | 8% | 12.8% |
| Revenue per employee | £810k | £492k | £246k | £497k | £621k |
| Profit per employee | £42.5k | £2.6k | £11k | £7.6k | £28.4k |
| Cash conversion | −187.3% | — | −83.1% | 678.1% | −105.5% |
| Growth (year on year) | |||||
| Revenue growth | — | ▼13.9% | — | — | ▲23.6% |
| Profit growth | — | ▼91.3% | — | — | ▲266.9% |
| Headcount growth | — | ▲41.8% | — | — | ▼1.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £5.5m | £4.5m | £5.4m | £4.7m | £4.8m |
| Net assets | £2.1m | £2.1m | £3.2m | £3.9m | £4m |
| Fixed assets | £283k | £407k | £397k | £235k | £238k |
| Current assets | £13.4m | £10.6m | £14.8m | £15.1m | £12.4m |
| Debtors | £4.4m | £2.5m | £6.6m | £7.5m | £3.5m |
| Deferred income | £1.1m | £1.5m | £2m | £845k | £1.6m |
| Cash from operations | −£5.4m | £430k | −£990k | £1.5m | −£3.3m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.6%
- Profit ÷ revenue.
- Gross margin
- 12.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £621k
- Revenue ÷ average employees.
- Profit per employee
- £28.4k
- Profit ÷ average employees.
- Cash conversion
- −105.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.2%
- 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
- ▲3%
- Now £4m
- Cash at bank
- ▲2%
- Now £4.8m
- Headcount
- ▼1%
- Now 92
- Deferred income
- ▲94%
- Now £1.6m
- Fixed assets
- ▲1%
- Now £238k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ford Family Holding Company Ltdultimate parent75–100%
- Ivegate Group Limited75–100%
- Ivegate Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Ivegate Renewable Energy LimitedRev. £26.8k · Profit £18.1k
- Ivegate Maintenance LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.6m), from the Companies House accounts bulk data published Sep 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.