Ibc Quality Solutions Limited
Registered name: IBC QUALITY SOLUTIONS LIMITED
Part of Dovecote Care Ltd groupIbc Quality Solutions Limited made £33m revenue and £5.7m profit in the year to 31 Mar 2025. read from filing text
Ibc Quality Solutions Limited’s revenue grew 69% to £33m in the year to 31 Mar 2025, with £5.7m profit and 807 employees. The company is classified under “regulation of health care, education, cultural and other social services, not incl. social security” and is based in Leicester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £10.5m | £19.5m | £33m |
| Cost of sales | £7.1m | £13.1m | £22.5m |
| Gross profit | £3.4m | £6.4m | £10.5m |
| Operating profit | £1.6m | £3.5m | £6.6m |
| Profit before tax | £1.6m | £3.5m | £6.6m |
| Profit after tax | £1.3m | £3.3m | £5.7m |
| Profit (best available) | £1.3m | £3.3m | £5.7m |
| Staff costs | £6.9m | £12.5m | £21.8m |
| Employees (average) | 340 | 519 | 807 |
| Ratios | |||
| Profit margin | 12% | 17% | 17.1% |
| Gross margin | 32.6% | 32.7% | 31.9% |
| Revenue per employee | £31k | £37.6k | £40.9k |
| Profit per employee | £3.7k | £6.4k | £7k |
| Cash conversion | −119.2% | −67.9% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲85.4% | ▲69.1% |
| Profit growth | — | ▲162.6% | ▲70% |
| Headcount growth | — | ▲52.6% | ▲55.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.4m | £1.6m | £2m |
| Net assets | £5.7m | £13.4m | £8.3m |
| Fixed assets | £2.7m | £10.3m | £12.1m |
| Current assets | £7.8m | £12.4m | £12.6m |
| Debtors | £710k | £1.7m | £1.4m |
| Deferred income | £98.5k | £62.6k | £106k |
| Cash from operations | −£1.9m | −£2.4m | — |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 17.1%
- Profit ÷ revenue.
- Gross margin
- 31.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £40.9k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.4%
- 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
- ▼38%
- Now £8.3m
- Cash at bank
- ▲21%
- Now £2m
- Headcount
- ▲55%
- Now 807
- Deferred income
- ▲70%
- Now £106k
- Fixed assets
- ▲18%
- Now £12.1m
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
- Dovecote Care Ltd (registered outside the UK register)ultimate parent75–100%
- Ibc Quality Solutions 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).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £5.7m), from the Companies House accounts bulk data published Jan 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.