How much does I-Mex (M&E) Limited make?

I-Mex (M&E) Limited reported revenue of £20.9m and £699k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does I-Mex (M&E) Limited have?

I-Mex (M&E) Limited reported an average of 39 employees in the year to 31 Dec 2023.

Is I-Mex (M&E) Limited profitable?

Yes — I-Mex (M&E) Limited reported a profit of £699k in the year to 31 Dec 2023.

Company No. 08632626 · Incorporated 1 Aug 2013

I-Mex (M&E) Limited

Registered name: I-MEX (M&E) LIMITED

Part of I-Mex (M&E) Holdings Limited group

I-Mex (M&E) Limited made £20.9m revenue and £699k profit in the year to 31 Dec 2023.

I-Mex (M&E) Limited’s revenue grew 8% to £20.9m in the year to 31 Dec 2023, with £699k profit and 39 employees. The company is classified under “other building completion and finishing” and is based in Risby; we hold 2 years of its filed accounts.

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

Status: Active
Location: Risby, East of England
Age: 13 yrs · since 2013
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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightDoing more with less

Revenue

£20.9m

Growth ▲7.9%

Profit

£699k

Growth ▼51.3%

Profit margin

3.3%

Gross 12%

Employees

Change ▼2.5%

Profit / employee

£17.9k

Revenue/employee £536k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.4m	£20.9m
Cost of sales	£16.5m	£18.4m
Gross profit	£2.9m	£2.5m
Operating profit	£1.8m	£928k
Profit before tax	£1.8m	£954k
Profit after tax	£1.4m	£699k
Profit (best available)	£1.4m	£699k
Staff costs	£2.1m	£2.4m
Employees (average)	40	39
Ratios
Profit margin	7.4%	3.3%
Gross margin	14.8%	12%
Revenue per employee	£484k	£536k
Profit per employee	£35.9k	£17.9k
Growth (year on year)
Revenue growth	—	▲7.9%
Profit growth	—	▼51.3%
Headcount growth	—	▼2.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£2.6m
Net assets	£2.1m	£2.4m
Fixed assets	£585k	£499k
Current assets	£7.7m	£7.1m
Debtors	£1.4m	£1.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 3.3%; Profit ÷ revenue.
Gross margin: 12%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £536k; Revenue ÷ average employees.
Profit per employee: £17.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7%; 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: ▲13%; Now £2.4m
Cash at bank: ▼10%; Now £2.6m
Headcount: ▼3%; Now 39
Deferred income: —; Now —
Fixed assets: ▼15%; Now £499k

Corporate ownership

Group structure

Ownership chain

I-Mex (M&E) Holdings Limitedultimate parent75–100%
I-Mex (M&E) 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £699k), from the Companies House accounts bulk data published Sep 2024. 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.