How much does I. T Nowhere (UK) Limited make?

I. T Nowhere (UK) Limited reported revenue of £3.1m and a loss of £2m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does I. T Nowhere (UK) Limited have?

I. T Nowhere (UK) Limited reported an average of 103 employees in the year to 31 Dec 2025.

Is I. T Nowhere (UK) Limited profitable?

No — I. T Nowhere (UK) Limited reported a loss of £2m in the year to 31 Dec 2025.

Company No. 11455574 · Incorporated 9 Jul 2018

I. T Nowhere (UK) Limited

Registered name: I. T NOWHERE (UK) LIMITED

I. T Nowhere (UK) Limited made £3.1m revenue and a £2m loss in the year to 31 Dec 2025. read from filing text

I. T Nowhere (UK) Limited’s revenue fell 19% to £3.1m in the year to 31 Dec 2025, with a loss of £2m and 103 employees. The company is classified under “wholesale of clothing and footwear” and is based in London; we hold 5 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear SIC 47710Retail sale of clothing in specialised stores SIC 47721Retail sale of footwear in specialised stores

Status: Active
Location: London, London
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 parent company of I. T Nowhere (UK) Limited is”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£3.1m

Growth ▼18.6%

Profit

−£2m

Growth —

Profit margin

−64.6%

Gross 61%

Employees

103

Change ▲24.1%

Profit / employee

−£19.2k

Revenue/employee £29.6k

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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£2.3m	£4.4m	£3.6m	£3.7m	£3.1m
Cost of sales	£1.7m	£2m	£1.5m	£1.6m	£1.2m
Gross profit	£666k	£2.4m	£2.1m	£2.2m	£1.9m
Operating profit	−£1.7m	−£98.3k	−£286k	−£1.5m	−£1.8m
Profit before tax	−£2m	−£353k	−£523k	−£1.8m	−£2m
Profit (best available)	−£2m	−£353k	−£523k	−£1.8m	−£2m
Staff costs	£411k	£502k	£688k	£974k	£892k
Employees (average)	26	39	58	83	103
Ratios
Profit margin	−84.1%	−8.1%	−14.6%	−46.7%	−64.6%
Gross margin	28.4%	55%	59.2%	57.6%	61%
Revenue per employee	£90.1k	£112k	£62k	£45.2k	£29.6k
Profit per employee	−£75.8k	−£9k	−£9k	−£21.1k	−£19.2k
Growth (year on year)
Revenue growth	—	▲86.7%	▼17.8%	▲4.3%	▼18.6%
Headcount growth	—	▲50%	▲48.7%	▲43.1%	▲24.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.5m	£1.2m	£775k	£374k
Net assets	−£4m	−£4.2m	−£4.7m	−£6.5m	−£9.2m
Debtors	—	—	—	—	£1.1m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −64.6%; Profit ÷ revenue.
Gross margin: 61%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £29.6k; Revenue ÷ average employees.
Profit per employee: −£19.2k; 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: 35.7%; 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 −£9.2m
Cash at bank: ▼52%; Now £374k
Headcount: ▲24%; Now 103
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£2m), from the Companies House accounts bulk data published Sep 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.