Ignite (North) Limited
Registered name: IGNITE (NORTH) LIMITED
Part of Hopton Trading Holdings Limited groupIgnite (North) Limited made £13.9m revenue and £2m profit in the year to 31 Mar 2025.
Ignite (North) Limited’s revenue grew 9% to £13.9m in the year to 31 Mar 2025, with £2m profit and 51 employees. The company is classified under “retail sale of mobile telephones” and is based in Derby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Derby, East Midlands
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.8m | £12.1m | £12.8m | £13.9m |
| Cost of sales | £9.4m | £9.8m | £10.2m | £10.1m |
| Gross profit | £2.4m | £2.4m | £2.5m | £3.8m |
| Operating profit | £196k | £146k | £440k | £2.7m |
| Profit before tax | £197k | £150k | £449k | £2.7m |
| Profit after tax | £158k | £121k | £335k | £2m |
| Profit (best available) | £158k | £121k | £335k | £2m |
| Staff costs | £1.4m | £1.5m | £1.7m | £1.7m |
| Employees (average) | 51 | 55 | 59 | 51 |
| Ratios | ||||
| Profit margin | 1.3% | 1% | 2.6% | 14.5% |
| Gross margin | 20% | 19.4% | 19.7% | 27.7% |
| Revenue per employee | £232k | £221k | £216k | £273k |
| Profit per employee | £3.1k | £2.2k | £5.7k | £39.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.9% | ▲5.1% | ▲9% |
| Profit growth | — | ▼23.4% | ▲176% | ▲499.6% |
| Headcount growth | — | ▲7.8% | ▲7.3% | ▼13.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.1m | £410k | £553k | £2.5m |
| Net assets | £1.3m | £1.2m | £1.5m | £3.5m |
| Fixed assets | £70.5k | £67.4k | £94.1k | £145k |
| Current assets | £5.3m | £6.4m | £6.8m | £5.8m |
| Debtors | £754k | £908k | £396k | £487k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 14.5%
- Profit ÷ revenue.
- Gross margin
- 27.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £273k
- Revenue ÷ average employees.
- Profit per employee
- £39.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- 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
- ▲134%
- Now £3.5m
- Cash at bank
- ▲358%
- Now £2.5m
- Headcount
- ▼14%
- Now 51
- Deferred income
- —
- Now —
- Fixed assets
- ▲54%
- Now £145k
Group structure
Ownership chain
- Hopton Trading Holdings Limitedultimate parent75–100%
- Ignite (North) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ignite (Grantham) LimitedRev. £23.9m · Profit £3.4m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Ortel LimitedGloucester, · Retail sale of mobile telephones
- Revenue
- £12.3m
- Profit
- £2m
- Staff
- 102
- Brandpath UK LimitedMilton Keynes · Retail sale of mobile telephones
- Revenue
- £8.6m
- Profit
- £365k
- Staff
- 75
- Ignite (Grantham) LimitedDerby · Retail sale of mobile telephones
- Revenue
- £23.9m
- Profit
- £3.4m
- Staff
- 90
- Cubic Defence UK Ltd.Redhill · Retail sale of telecommunications equipment other than mobile telephones
- Revenue
- £16.7m
- Profit
- £1.5m
- Staff
- —
- Comm-Tech Voice & Data LimitedNorwich · Retail sale of telecommunications equipment other than mobile telephones
- Revenue
- £8.1m
- Profit
- £1.5m
- Staff
- 43
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2m), 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.