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Company No. 12074631 · Incorporated 28 Jun 2019

Iqrf UK Limited

Registered name: IQRF UK LIMITED

Part of Volex PLC group

Iqrf UK Limited made £618 profit in the year to 31 Mar 2025 (revenue not disclosed).

Iqrf UK Limited reported £618 profit in the year to 31 Mar 2025; its revenue was not disclosed. It had 2 employees. The company is classified under “manufacture of electronic industrial process control equipment” and is based in Basingstoke; we hold 4 years of its filed accounts.

Status
Active
Location
Basingstoke, South East
Age
7 yrs · since 2019
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 GSRG Holdings Limited, a company incorporated in England and Wales. The registered address is”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamYoung and profitable
Revenue
—
Not disclosed in filing
Profit
£618
Growth —
Profit margin
—
 
Employees
2
Change 0%
Profit / employee
£309
 
Profitable streak
1yr
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureProfit onlyProfit onlyProfit onlyProfit only
Profit & loss
Revenue (turnover)————
Profit before tax−£3.3k−£2.1k−£1.1k£0
Profit after tax—£7.5k−£1.1k£618
Profit (best available)−£3.3k£7.5k−£1.1k£618
Employees (average)3322
Ratios
Profit margin————
Profit per employee−£1.1k£2.5k−£548£309
Growth (year on year)
Profit growth——▼114.7%—
Headcount growth—0%▼33.3%0%
Balance sheet — indirect signals, not revenue
Cash at bank£7.4k£5.8k£0—
Net assets£6.9k£4.8k£3.7k£4.3k
Current assets£8.1k£6k£3.7k—
Debtors£613£220£3.7k£4.3k
Cash from operations——£5.8k£618
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£309
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.
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
▲17%
Now £4.3k
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Volex PLCultimate parent75–100%
  2. GTK (Holdco) Limited75–100%
  3. GSRG Holdings Limited75–100%
  4. Iqrf UK 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 2025 (profit £618), from the Companies House accounts bulk data published Dec 2025. 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.