How much does Increasingly Technologies Limited make?

Increasingly Technologies Limited reported revenue of £1.5m and a loss of £6.9k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Increasingly Technologies Limited have?

Increasingly Technologies Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is Increasingly Technologies Limited profitable?

No — Increasingly Technologies Limited reported a loss of £6.9k in the year to 31 Dec 2024.

Company No. 10508200 · Incorporated 2 Dec 2016

Increasingly Technologies Limited

Registered name: INCREASINGLY TECHNOLOGIES LIMITED

Part of Sw Ec Holdings, Inc group

Increasingly Technologies Limited made £1.5m revenue and a £6.9k loss in the year to 31 Dec 2024.

Increasingly Technologies Limited’s revenue fell 8% to £1.5m in the year to 31 Dec 2024, with a loss of £6.9k and 2 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 9 yrs · since 2016
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.

Latest accounts · year to 31 Dec 2024

Key figures

Small teamCapital-light

Revenue

£1.5m

Growth ▼8.1%

Profit

−£6.9k

Growth ▼101.6%

Profit margin

−0.5%

Gross 86.4%

Employees

Change 0%

Profit / employee

−£3.5k

Revenue/employee £741k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£1.6m	£1.5m
Cost of sales	—	£182k	£202k
Gross profit	—	£1.4m	£1.3m
Operating profit	—	£379k	−£6.9k
Profit before tax	—	£380k	−£6.9k
Profit after tax	—	£438k	−£6.9k
Profit (best available)	—	£438k	−£6.9k
Employees (average)	7	2	2
Ratios
Profit margin	—	27.2%	−0.5%
Gross margin	—	88.7%	86.4%
Revenue per employee	—	£806k	£741k
Profit per employee	—	£219k	−£3.5k
Growth (year on year)
Revenue growth	—	—	▼8.1%
Profit growth	—	—	▼101.6%
Headcount growth	—	▼71.4%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£264k	£828k	£169k
Net assets	£404k	£843k	£836k
Fixed assets	£6.3k	£3.2k	£2.3k
Current assets	£793k	£1.2m	£1.1m
Debtors	£443k	£386k	£384k
Deferred income	£78.6k	£152k	—
Source	FilletedAccounts · bulk data Jan 2025	FilletedAccounts · bulk data Jan 2025	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: −0.5%; Profit ÷ revenue.
Gross margin: 86.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £741k; Revenue ÷ average employees.
Profit per employee: −£3.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.9%; 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: ▼1%; Now £836k
Cash at bank: ▼80%; Now £169k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼28%; Now £2.3k

Corporate ownership

Group structure

Ownership chain

Sw Ec Holdings, Inc (registered outside the UK register)ultimate parent75–100%
Increasingly Technologies 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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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£6.9k), from the Companies House accounts bulk data published Jul 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.