Unitech Innovations Limited
Registered name: UNITECH INNOVATIONS LIMITED
Unitech Innovations Limited made £17.8m revenue and a £1.8m loss in the year to 30 Jun 2025.
Unitech Innovations Limited’s revenue fell 4% to £17.8m in the year to 30 Jun 2025, with a loss of £1.8m and 10 employees. The company is classified under “manufacture of paints, varnishes and similar coatings, mastics and sealants” and is based in Ipswich; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Ipswich, East of England
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £16.3m | £18.6m | £17.8m |
| Cost of sales | £9.3m | £11.2m | £10.4m |
| Gross profit | £6.9m | £7.4m | £7.4m |
| Operating profit | £3.2m | £3.7m | £3.5m |
| Profit before tax | £3.5m | £3.8m | £265k |
| Profit after tax | £1.8m | £1.8m | −£1.8m |
| Profit (best available) | £1.8m | £1.8m | −£1.8m |
| Staff costs | £75.7k | £75.7k | £74.3k |
| Employees (average) | 10 | 10 | 10 |
| Ratios | |||
| Profit margin | 10.9% | 9.8% | −10.1% |
| Gross margin | 42.6% | 39.8% | 41.7% |
| Revenue per employee | £1.6m | £1.9m | £1.8m |
| Profit per employee | £178k | £183k | −£180k |
| Cash conversion | −50.3% | −27.2% | −16% |
| Growth (year on year) | |||
| Revenue growth | — | ▲14% | ▼4.3% |
| Profit growth | — | ▲2.6% | ▼198.4% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £399k | £550k | £1.1m |
| Net assets | £6.1m | £6.6m | £4m |
| Fixed assets | £1.2m | £1.2m | £1.2m |
| Current assets | £6.5m | £7m | £3.8m |
| Debtors | £2.9m | £3.3m | £1.2m |
| Cash from operations | −£1.6m | −£1m | −£561k |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −10.1%
- Profit ÷ revenue.
- Gross margin
- 41.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.8m
- Revenue ÷ average employees.
- Profit per employee
- −£180k
- Profit ÷ average employees.
- Cash conversion
- −16%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.9%
- 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
- ▼40%
- Now £4m
- Cash at bank
- ▲98%
- Now £1.1m
- Headcount
- 0%
- Now 10
- Deferred income
- —
- Now —
- Fixed assets
- ▼0%
- Now £1.2m
Group structure
Subsidiaries (1)
- Azpects LimitedRev. £16.5m · Profit £1.8m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£1.8m), from the Companies House accounts bulk data published Jul 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.