Ibapplications Limited
Registered name: IBAPPLICATIONS LIMITED
Ibapplications Limited made £1.2m revenue and £17.7k profit in the year to 31 Dec 2025.
Ibapplications Limited’s revenue fell 40% to £1.2m in the year to 31 Dec 2025, with £17.7k profit and 1 employee. The company is classified under “other activities auxiliary to insurance and pension funding” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £3.1m | £2.4m | £2.1m | £1.2m |
| Operating profit | £164k | £143k | £689 | £5.9k |
| Profit before tax | £150k | £143k | £11.9k | £21.8k |
| Profit after tax | £122k | £109k | £9.5k | £17.7k |
| Profit (best available) | £122k | £109k | £9.5k | £17.7k |
| Employees (average) | 4 | 3 | 2 | 1 |
| Ratios | ||||
| Profit margin | 3.9% | 4.5% | 0.5% | 1.4% |
| Revenue per employee | £787k | £813k | £1m | £1.2m |
| Profit per employee | £30.4k | £36.3k | £4.8k | £17.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼22.5% | ▼15% | ▼39.9% |
| Profit growth | — | ▼10.3% | ▼91.3% | ▲86.2% |
| Headcount growth | — | ▼25% | ▼33.3% | ▼50% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £18.9k | £99.1k | £432k | £32.8k |
| Net assets | £301k | £410k | £241k | £258k |
| Current assets | £413k | £561k | £531k | £268k |
| Debtors | £32.8k | £330k | £0 | £8.6k |
| Deferred income | £69.3k | £22.6k | £21.4k | £0 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £17.7k
- 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
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.7%
- 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
- ▲7%
- Now £258k
- Cash at bank
- ▼92%
- Now £32.8k
- Headcount
- ▼50%
- Now 1
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £17.7k), 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.