Ipco UK Process Systems Limited
Registered name: IPCO UK PROCESS SYSTEMS LIMITED
Ipco UK Process Systems Limited made £994k revenue and £182k profit in the year to 31 Dec 2024.
Ipco UK Process Systems Limited’s revenue grew 29% to £994k in the year to 31 Dec 2024, with £182k profit and 4 employees. The company is classified under “manufacture of basic iron and steel and of ferro-alloys” and is based in Kingswinford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Kingswinford, West Midlands
- Age
- 9 yrs · since 2017
- 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: “The Company is a subsidiary undertaking of FAM AB, a company registered in Sweden, which is the ultimate parent company and controlling party.The largest group in which the results of the Company are ”
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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £531k | £770k | £994k |
| Cost of sales | £139k | £252k | £402k |
| Gross profit | £392k | £518k | £592k |
| Operating profit | £147k | £217k | £231k |
| Profit before tax | £144k | £213k | £230k |
| Profit after tax | £116k | £154k | £182k |
| Profit (best available) | £116k | £154k | £182k |
| Staff costs | £181k | £277k | £323k |
| Employees (average) | 3 | 3 | 4 |
| Ratios | |||
| Profit margin | 21.9% | 20% | 18.3% |
| Gross margin | 73.8% | 67.3% | 59.6% |
| Revenue per employee | £177k | £257k | £248k |
| Profit per employee | £38.7k | £51.2k | £45.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲45% | ▲29% |
| Profit growth | — | ▲32.3% | ▲18.3% |
| Headcount growth | — | 0% | ▲33.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £26.1k | £25.8k | £349k |
| Net assets | £1.5m | £1.7m | £1.9m |
| Fixed assets | £1.5m | £1.6m | £1.5m |
| Current assets | £172k | £446k | £648k |
| Debtors | £45.5k | £102k | £220k |
| Deferred income | £26.6k | £25.5k | £32.9k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 18.3%
- Profit ÷ revenue.
- Gross margin
- 59.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £248k
- Revenue ÷ average employees.
- Profit per employee
- £45.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 152.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.2%
- 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
- ▲11%
- Now £1.9m
- Cash at bank
- ▲1255%
- Now £349k
- Headcount
- ▲33%
- Now 4
- Deferred income
- ▲29%
- Now £32.9k
- Fixed assets
- ▼3%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £182k), from the Companies House accounts bulk data published Jan 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.