Ipgl (Holdings) Limited
Registered name: IPGL (HOLDINGS) LIMITED
Ipgl (Holdings) Limited made £56m revenue and a £15.5m loss in the year to 31 Mar 2024.
Ipgl (Holdings) Limited’s revenue fell 15% to £56m in the year to 31 Mar 2024, with a loss of £15.5m and 287 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £66m | £56m |
| Cost of sales | −£36m | −£27m |
| Gross profit | £30m | £29m |
| Operating profit | −£74.2m | −£20.7m |
| Profit before tax | −£61.6m | −£12.8m |
| Profit after tax | −£62.2m | −£15.5m |
| Profit (best available) | −£62.2m | −£15.5m |
| Employees (average) | 577 | 287 |
| Ratios | ||
| Profit margin | −94.2% | −27.8% |
| Gross margin | 45.5% | 51.8% |
| Revenue per employee | £114k | £195k |
| Profit per employee | −£108k | −£54.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼15.1% |
| Headcount growth | — | ▼50.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −27.8%
- Profit ÷ revenue.
- Gross margin
- 51.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £195k
- Revenue ÷ average employees.
- Profit per employee
- −£54.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 287
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Footbalance System UK LimitedFigures not disclosed
- Ipgl LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit −£15.5m), from the Companies House accounts bulk data published Jan 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.