How much does Iohk UK Limited make?

Iohk UK Limited reported revenue of £27.6m and £122k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Iohk UK Limited have?

Iohk UK Limited reported an average of 162 employees in the year to 31 Dec 2025.

Is Iohk UK Limited profitable?

Yes — Iohk UK Limited reported a profit of £122k in the year to 31 Dec 2025.

Company No. 11617422 · Incorporated 11 Oct 2018

Iohk UK Limited

Registered name: IOHK UK LIMITED

Iohk UK Limited made £27.6m revenue and £122k profit in the year to 31 Dec 2025.

Iohk UK Limited’s revenue grew 22% to £27.6m in the year to 31 Dec 2025, with £122k profit and 162 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in Cheltenham; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71122Engineering related scientific and technical consulting activities SIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Cheltenham, South West
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£27.6m

Growth ▲22.4%

Profit

£122k

Growth ▼19.5%

Profit margin

0.4%

Gross 2.2%

Employees

162

Change ▲11.7%

Profit / employee

£750

Revenue/employee £170k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.5m	£27.6m
Cost of sales	£22m	£26.9m
Gross profit	£492k	£618k
Operating profit	£203k	£169k
Profit before tax	£203k	£169k
Profit after tax	£151k	£122k
Profit (best available)	£151k	£122k
Staff costs	£21.5m	£24.7m
Employees (average)	145	162
Ratios
Profit margin	0.7%	0.4%
Gross margin	2.2%	2.2%
Revenue per employee	£155k	£170k
Profit per employee	£1k	£750
Cash conversion	50.8%	−908.8%
Growth (year on year)
Revenue growth	—	▲22.4%
Profit growth	—	▼19.5%
Headcount growth	—	▲11.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£238k	£1m
Net assets	£492k	£2.9m
Current assets	£1.2m	£11m
Debtors	£961k	£9.9m
Deferred income	£544k	£1.9m
Cash from operations	£103k	−£1.5m
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.4%; Profit ÷ revenue.
Gross margin: 2.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £170k; Revenue ÷ average employees.
Profit per employee: £750; Profit ÷ average employees.
Cash conversion: −908.8%; 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: 7.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 36.1%; 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: ▲492%; Now £2.9m
Cash at bank: ▲322%; Now £1m
Headcount: ▲12%; Now 162
Deferred income: ▲258%; Now £1.9m
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £122k), 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.