The Iasme Consortium Limited
Registered name: THE IASME CONSORTIUM LIMITED
Part of Tic Pledgeco Limited groupThe Iasme Consortium Limited made £14.9m revenue and £5.9m profit in the year to 31 Dec 2024.
The Iasme Consortium Limited’s revenue grew 10% to £14.9m in the year to 31 Dec 2024, with £5.9m profit and 104 employees. The company is classified under “other information technology service activities” and is based in Malvern; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Malvern, West Midlands
- Age
- 14 yrs · since 2012
- 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 Iasme Consortium Limited is part of the Phenna Group, the ultimate controlling party is Tic Holdco Limited, incorporated in England.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.5m | £14.9m |
| Cost of sales | £5.3m | £5.2m |
| Gross profit | £8.2m | £9.7m |
| Operating profit | £3.9m | £5.1m |
| Profit before tax | £3.9m | £5.1m |
| Profit after tax | £3.1m | £5.9m |
| Profit (best available) | £3.1m | £5.9m |
| Employees (average) | 89 | 104 |
| Ratios | ||
| Profit margin | 23% | 39.4% |
| Gross margin | 61% | 65.3% |
| Revenue per employee | £151k | £143k |
| Profit per employee | £34.9k | £56.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲10.2% |
| Profit growth | — | ▲88.5% |
| Headcount growth | — | ▲16.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.6m | £2.2m |
| Net assets | £2.2m | £2.9m |
| Fixed assets | £61.4k | £70.5k |
| Current assets | £3.9m | £5.4m |
| Debtors | £1.7m | £1.2m |
| Deferred income | £882k | £1.5m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 39.4%
- Profit ÷ revenue.
- Gross margin
- 65.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £143k
- Revenue ÷ average employees.
- Profit per employee
- £56.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.3%
- 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
- ▲32%
- Now £2.9m
- Cash at bank
- ▲39%
- Now £2.2m
- Headcount
- ▲17%
- Now 104
- Deferred income
- ▲74%
- Now £1.5m
- Fixed assets
- ▲15%
- Now £70.5k
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
- Tic Pledgeco Limitedultimate parent75–100%
- Tic Bidco Limited75–100%
- Puma Topco Limited75–100%
- Puma Bidco Limited75–100%
- Phenna Group Topco Limited75–100%
- Phenna Group Midco 1 Limited75–100%
- Phenna Group Midco 2 Limited75–100%
- Phenna Group Holdings Limited75–100%
- Mimas Topco Limited75–100%
- Mimas Bidco Limited75–100%
- The Iasme Consortium Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Iasme Community CICFigures 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 2024 (profit £5.9m), from the Companies House accounts bulk data published Sep 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.