How much does Igneous Works Ltd. make?

Igneous Works Ltd. reported revenue of £1.8m and £23.1k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Igneous Works Ltd. have?

Igneous Works Ltd. reported an average of 18 employees in the year to 31 Mar 2025.

Is Igneous Works Ltd. profitable?

Yes — Igneous Works Ltd. reported a profit of £23.1k in the year to 31 Mar 2025.

Company No. 08319265 · Incorporated 5 Dec 2012

Igneous Works Ltd.

Registered name: IGNEOUS WORKS LTD.

Igneous Works Ltd. made £1.8m revenue and £23.1k profit in the year to 31 Mar 2025.

Igneous Works Ltd.’s revenue fell 18% to £1.8m in the year to 31 Mar 2025, with £23.1k profit and 18 employees. The company is classified under “other building completion and finishing” and is based in Cheltenham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43390Other building completion and finishing

Status: Active
Location: Cheltenham, South West
Age: 13 yrs · since 2012
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-light

Revenue

£1.8m

Growth ▼17.7%

Profit

£23.1k

Growth ▼79.8%

Profit margin

1.3%

Gross 62.4%

Employees

Change ▼5.3%

Profit / employee

£1.3k

Revenue/employee £97.8k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£2.1m	£1.8m
Cost of sales	—	—	£935k	£662k
Gross profit	—	—	£1.2m	£1.1m
Operating profit	—	—	£131k	£37.2k
Profit before tax	—	—	£114k	£23.1k
Profit (best available)	—	—	£114k	£23.1k
Employees (average)	11	13	19	18
Ratios
Profit margin	—	—	5.3%	1.3%
Gross margin	—	—	56.3%	62.4%
Revenue per employee	—	—	£113k	£97.8k
Profit per employee	—	—	£6k	£1.3k
Growth (year on year)
Revenue growth	—	—	—	▼17.7%
Profit growth	—	—	—	▼79.8%
Headcount growth	—	▲18.2%	▲46.2%	▼5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£133k	£134k	£111k	—
Net assets	£66k	£117k	£47.2k	£22.4k
Fixed assets	£229k	£265k	£198k	£148k
Current assets	£410k	£422k	£437k	£338k
Debtors	£29.4k	£106k	£43.1k	£14k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FilletedAccounts · bulk data Dec 2024	Director's Report and Unaudited Financial Statements · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 62.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £97.8k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.8%; 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: ▼53%; Now £22.4k
Cash at bank: —; Now —
Headcount: ▼5%; Now 18
Deferred income: —; Now —
Fixed assets: ▼25%; Now £148k

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Sources

Companies House profile Filing history & original accounts

Latest figures from Director's Report and Unaudited Financial Statements for the year to 31 Mar 2025 (profit £23.1k), 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.