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Company No. 11321813 · Incorporated 20 Apr 2018

Ionize Limited

Registered name: IONIZE LIMITED

Part of Daikin Europe N.V. group

Ionize Limited made £2m revenue and £82.6k profit in the year to 31 Mar 2026. read from filing text

Ionize Limited’s revenue was £2m in the year to 31 Mar 2026, with £82.6k profit and 11 employees. The company is classified under “information technology consultancy activities” and is based in Aberystwyth; we hold 5 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
Aberystwyth, West Midlands
Age
8 yrs · since 2018
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 immediate parent company is Robert Heath Group Limited, company no. 06713680, registered in England and Wales.”

Latest accounts · year to 31 Mar 2026

Key figures

Capital-light
Revenue
£2m
Growth —
Profit
£82.6k
Growth —
Profit margin
4.2%
Gross 39.5%
Employees
11
Change —
Profit / employee
£7.5k
Revenue/employee £180k
Profitable streak
5yrs
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 to30 Jun 202230 Jun 202330 Jun 202431 Mar 202531 Mar 2026
DisclosureProfit onlyProfit onlyFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)——£1.7m£1.5m£2m
Cost of sales——£732k£795k£1.2m
Gross profit——£924k£694k£780k
Operating profit——£221k£65.6k£108k
Profit before tax——£224k£67.9k£109k
Profit after tax£303k£248k£165k£52.9k£82.6k
Profit (best available)£303k£248k£165k£52.9k£82.6k
Employees (average)1110111211
Ratios
Profit margin——10%3.5%4.2%
Gross margin——55.8%46.6%39.5%
Revenue per employee——£151k£124k£180k
Profit per employee£27.5k£24.8k£15k£4.4k£7.5k
Growth (year on year)
Profit growth—▼18.1%▼33.6%——
Headcount growth—▼9.1%▲10%——
Balance sheet — indirect signals, not revenue
Cash at bank£338k£340k£414k£295k£241k
Net assets£325k£185k£170k£223k£306k
Fixed assets£211k£291k£18.7k£17.1k£42.3k
Current assets£473k£435k£489k£449k£531k
Debtors£133k£92.9k£14.5k£5k£4k
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Dec 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
4.2%
Profit ÷ revenue.
Gross margin
39.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£180k
Revenue ÷ average employees.
Profit per employee
£7.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.2%
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
—
Now £306k
Cash at bank
—
Now £241k
Headcount
—
Now 11
Deferred income
—
Now —
Fixed assets
—
Now £42.3k
Corporate ownership

Group structure

Ownership chain

  1. Daikin Europe N.V. (registered outside the UK register)ultimate parent75–100%
  2. Daikin Airconditioning UK Limited75–100%
  3. Robert Heath Group Limited75–100%
  4. Ionize Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £82.6k), 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.