How much does Iovation Limited make?

Iovation Limited reported revenue of £289k and a loss of £289k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Iovation Limited have?

Iovation Limited reported an average of 2 employees in the year to 31 Dec 2025.

Is Iovation Limited profitable?

No — Iovation Limited reported a loss of £289k in the year to 31 Dec 2025.

Company No. 09906028 · Incorporated 8 Dec 2015

Iovation Limited

Registered name: IOVATION LIMITED

Part of Transunion group

Iovation Limited made £289k revenue and a £289k loss in the year to 31 Dec 2025.

Iovation Limited’s revenue fell 49% to £289k in the year to 31 Dec 2025, with a loss of £289k and 2 employees. The company is classified under “other information technology service activities” and is based in Leeds; we hold 5 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 10 yrs · since 2015
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. From the filing: “iovation Inc”

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£289k

Growth ▼49%

Profit

−£289k

Growth ▼360.3%

Profit margin

−100%

Employees

Change ▼77.8%

Profit / employee

−£145k

Revenue/employee £145k

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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.3m	£1.6m	£1.5m	£567k	£289k
Operating profit	—	—	—	£106k	−£291k
Profit before tax	£171k	£161k	£199k	£112k	−£289k
Profit after tax	£138k	£131k	£199k	£111k	−£289k
Profit (best available)	£138k	£131k	£199k	£111k	−£289k
Staff costs	£1.4m	£976k	£1.2m	£508m	£238m
Employees (average)	17	12	14	9	2
Ratios
Profit margin	6.1%	8.4%	13.3%	19.6%	−100%
Revenue per employee	£133k	£130k	£107k	£63k	£145k
Profit per employee	£8.1k	£10.9k	£14.2k	£12.3k	−£145k
Growth (year on year)
Revenue growth	—	▼31%	▼3.9%	▼62.1%	▼49%
Profit growth	—	▼5.5%	▲52.2%	▼44.1%	▼360.3%
Headcount growth	—	▼29.4%	▲16.7%	▼35.7%	▼77.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£414k	£560k	£448k	£310k	£291k
Net assets	£217k	£348k	£810k	£630k	£340k
Current assets	£644k	£786k	£5.2m	£5.2m	£5m
Debtors	£0	£43	£4.7m	£4.8m	£4.8m
Deferred income	£101k	£95.3k	£33.4k	£20k	£26k
Cash from operations	−£2.4k	−£146k	—	—	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	Full · bulk data Sep 2026	Full · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −100%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £145k; Revenue ÷ average employees.
Profit per employee: −£145k; 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: 9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1643%; 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: ▼46%; Now £340k
Cash at bank: ▼6%; Now £291k
Headcount: ▼78%; Now 2
Deferred income: ▲30%; Now £26k
Fixed assets: —; Now —

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

Transunion (registered outside the UK register)ultimate parent75–100%
Iovation Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from Full for the year to 31 Dec 2025 (profit −£289k), from the Companies House accounts bulk data published Sep 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.