Iex Technologies Ltd
Registered name: IEX TECHNOLOGIES LTD
Part of Mastermelt Holdings Ltd groupIex Technologies Ltd made £1.3m revenue and a £61.7k loss in the year to 29 Aug 2025.
Iex Technologies Ltd’s revenue grew 295% to £1.3m in the year to 29 Aug 2025, with a loss of £61.7k. The company is classified under “manufacture of other chemical products” and is based in London; we hold 6 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 30 Aug 2023 | 31 Oct 2023 | 29 Aug 2024 | 30 Aug 2024 | 29 Aug 2025 |
|---|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||||
| Revenue (turnover) | — | £258k | — | £323k | £323k | £1.3m |
| Cost of sales | — | −£80.8k | — | −£108k | −£108k | −£172k |
| Gross profit | — | £177k | — | £216k | £216k | £1.1m |
| Operating profit | — | £21.6k | — | −£319k | −£319k | −£43.7k |
| Profit before tax | — | £21.6k | — | −£318k | −£318k | −£61.7k |
| Profit after tax | — | £19.3k | — | −£318k | −£318k | −£61.7k |
| Profit (best available) | — | £19.3k | — | −£318k | −£318k | −£61.7k |
| Employees (average) | 0 | — | 1 | — | — | — |
| Ratios | ||||||
| Profit margin | — | 7.5% | — | −98.2% | −98.2% | −4.8% |
| Gross margin | — | 68.7% | — | 66.7% | 66.7% | 86.5% |
| Growth (year on year) | ||||||
| Revenue growth | — | — | — | — | — | ▲295.1% |
| Balance sheet — indirect signals, not revenue | ||||||
| Cash at bank | £14.4k | — | £82.5k | — | — | — |
| Net assets | £220k | — | £194k | — | — | — |
| Fixed assets | £103k | — | £98.9k | — | — | — |
| Current assets | £158k | — | £146k | — | — | — |
| Debtors | £132k | — | £41.7k | — | — | — |
| Source | FullAccounts · bulk data Nov 2023 | Accounts · bulk data May 2025 | FullAccounts · bulk data Nov 2023 | Accounts · bulk data May 2026 | Accounts · bulk data May 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −4.8%
- Profit ÷ revenue.
- Gross margin
- 86.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Mastermelt Holdings Ltdultimate parent75–100%
- Mastermelt Limited75–100%
- Iex Technologies Ltdthis 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).
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Sources
Latest figures from accounts for the year to 29 Aug 2025 (profit −£61.7k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.