How much does Incipio Group Limited make?

Incipio Group Limited reported revenue of £25.3m and a loss of £819k in the year to 29 Dec 2024, according to its accounts filed at Companies House.

How many employees does Incipio Group Limited have?

Incipio Group Limited reported an average of 416 employees in the year to 29 Dec 2024.

Is Incipio Group Limited profitable?

No — Incipio Group Limited reported a loss of £819k in the year to 29 Dec 2024.

Company No. 08814874 · Incorporated 13 Dec 2013

Incipio Group Limited

Registered name: INCIPIO GROUP LIMITED

Part of Incipio Group Management Ltd group

Incipio Group Limited made £25.3m revenue and a £819k loss in the year to 29 Dec 2024.

Incipio Group Limited’s revenue fell 4% to £25.3m in the year to 29 Dec 2024, with a loss of £819k and 416 employees. The company is classified under “public houses and bars” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56302Public houses and bars SIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 12 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 29 Dec 2024

Key figures

Revenue

£25.3m

Growth ▼4%

Profit

−£819k

Growth —

Profit margin

−3.2%

Gross 78.6%

Employees

416

Change ▲3%

Profit / employee

−£2k

Revenue/employee £60.8k

Profitable streak

0yrs

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	25 Dec 2022	31 Dec 2023	29 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£20.7m	£26.3m	£25.3m
Cost of sales	−£4.9m	−£5.8m	−£5.4m
Gross profit	£15.8m	£20.5m	£19.9m
Operating profit	−£442k	£1m	£1.4m
Profit before tax	−£1.7m	−£1.6m	−£819k
Profit after tax	−£1.7m	−£1.6m	−£819k
Profit (best available)	−£1.7m	−£1.6m	−£819k
Staff costs	£7.8m	£9.5m	£9.5m
Employees (average)	362	404	416
Ratios
Profit margin	−8.1%	−6%	−3.2%
Gross margin	76.3%	78%	78.6%
Revenue per employee	£57.1k	£65.2k	£60.8k
Profit per employee	−£4.6k	−£3.9k	−£2k
Growth (year on year)
Revenue growth	—	▲27.6%	▼4%
Headcount growth	—	▲11.6%	▲3%
Balance sheet — indirect signals, not revenue
Cash at bank	£700k	£1.1m	£438k
Net assets	−£4.3m	−£5.9m	−£6.7m
Fixed assets	£8.6m	£7.5m	£7.8m
Current assets	£2.4m	£3.6m	£2.4m
Debtors	£162k	£290k	£556k
Deferred income	£1.5m	£1.9m	£2.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −3.2%; Profit ÷ revenue.
Gross margin: 78.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £60.8k; Revenue ÷ average employees.
Profit per employee: −£2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 30.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.2%; 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: —; Now −£6.7m
Cash at bank: ▼61%; Now £438k
Headcount: ▲3%; Now 416
Deferred income: ▲14%; Now £2.2m
Fixed assets: ▲3%; Now £7.8m

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

Ownership chain

Incipio Group Management Ltdultimate parent75–100%
Incipio Group Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

Creative Spaces MGT Ltd.Figures not disclosed
Incipio Canary Wharf LimitedFigures not disclosed
Incipio Kensington LtdFigures not disclosed
Incipio Saville LtdFigures not disclosed

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 29 Dec 2024 (profit −£819k), from the Companies House accounts bulk data published Oct 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.