How much does Ideaworks (London) Group Limited make?

Ideaworks (London) Group Limited reported revenue of £24.6m and £670k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ideaworks (London) Group Limited have?

Ideaworks (London) Group Limited reported an average of 7 employees in the year to 31 Mar 2025.

Is Ideaworks (London) Group Limited profitable?

Yes — Ideaworks (London) Group Limited reported a profit of £670k in the year to 31 Mar 2025.

Company No. 08779665 · Incorporated 18 Nov 2013

Ideaworks (London) Group Limited

Registered name: IDEAWORKS (LONDON) GROUP LIMITED

Ideaworks (London) Group Limited made £24.6m revenue and £670k profit in the year to 31 Mar 2025.

Ideaworks (London) Group Limited’s revenue fell 18% to £24.6m in the year to 31 Mar 2025, with £670k profit and 7 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 12 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCash flow filed

Revenue

£24.6m

Growth ▼17.5%

Profit

£670k

Growth ▼42.7%

Profit margin

2.7%

Gross 22.6%

Employees

Change ▼12.5%

Profit / employee

£95.8k

Revenue/employee £3.5m

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£29.8m	£24.6m
Cost of sales	£18m	£23.1m	£19m
Gross profit	£5.5m	£6.7m	£5.6m
Operating profit	£1.5m	£1.7m	£1m
Profit before tax	£1.3m	£1.6m	£1.1m
Profit after tax	£1.3m	£1.2m	£670k
Profit (best available)	£1.3m	£1.2m	£670k
Staff costs	£7m	£26.1k	£54.1k
Employees (average)	8	8	7
Ratios
Profit margin	—	3.9%	2.7%
Gross margin	—	22.5%	22.6%
Revenue per employee	—	£3.7m	£3.5m
Profit per employee	£157k	£146k	£95.8k
Cash conversion	29.1%	−85.9%	−59.2%
Growth (year on year)
Revenue growth	—	—	▼17.5%
Profit growth	—	▼6.8%	▼42.7%
Headcount growth	—	0%	▼12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£51.2k	£72.7k	£51.7k
Net assets	£2.5m	£2.7m	£2.6m
Fixed assets	£5.2m	£5.2m	£5.2m
Current assets	£55k	£76.3k	£61.1k
Debtors	£0	£0	£0
Deferred income	£66.5k	£88k	£24k
Cash from operations	£424k	−£1.5m	−£607k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.7%; Profit ÷ revenue.
Gross margin: 22.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3.5m; Revenue ÷ average employees.
Profit per employee: £95.8k; Profit ÷ average employees.
Cash conversion: −59.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▼3%; Now £2.6m
Cash at bank: ▼29%; Now £51.7k
Headcount: ▼13%; Now 7
Deferred income: ▼73%; Now £24k
Fixed assets: ▲0%; Now £5.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Ideaworks Global LimitedFigures not disclosed

Minority corporate shareholders

Ideaworks Group Ltd 25–50%

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £670k), from the Companies House accounts bulk data published Dec 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.