How much does Ithq Ltd make?

Ithq Ltd reported revenue of £4.6m and £155k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ithq Ltd have?

Ithq Ltd reported an average of 15 employees in the year to 31 Mar 2025.

Is Ithq Ltd profitable?

Yes — Ithq Ltd reported a profit of £155k in the year to 31 Mar 2025.

Company No. 12269978 · Incorporated 18 Oct 2019

Ithq Ltd

Registered name: ITHQ LTD

Part of Ithq Holdings Ltd group

Ithq Ltd made £4.6m revenue and £155k profit in the year to 31 Mar 2025.

Ithq Ltd’s revenue grew 17% to £4.6m in the year to 31 Mar 2025, with £155k profit and 15 employees. The company is classified under “information technology consultancy activities” and is based in Bristol; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: Bristol, South West
Age: 6 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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£4.6m

Growth ▲17.3%

Profit

£155k

Growth ▼25.4%

Profit margin

3.4%

Gross 49.7%

Employees

Change ▲36.4%

Profit / employee

£10.4k

Revenue/employee £308k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.4m	£3.9m	£4.6m
Cost of sales	£1.2m	£2.2m	£2.3m
Gross profit	£1.2m	£1.7m	£2.3m
Operating profit	£159k	£235k	£206k
Profit before tax	£157k	£235k	£201k
Profit after tax	£131k	£208k	£155k
Profit (best available)	£131k	£208k	£155k
Employees (average)	—	11	15
Ratios
Profit margin	5.6%	5.3%	3.4%
Gross margin	49.6%	43.9%	49.7%
Revenue per employee	—	£358k	£308k
Profit per employee	—	£18.9k	£10.4k
Cash conversion	121.3%	161.8%	143.5%
Growth (year on year)
Revenue growth	—	▲67.4%	▲17.3%
Profit growth	—	▲59.1%	▼25.4%
Headcount growth	—	—	▲36.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£159k	£491k	£532k
Net assets	−£71.3k	£165k	£318k
Fixed assets	£9.3k	£105k	£120k
Current assets	£618k	£1m	£1.4m
Debtors	£361k	£297k	£782k
Deferred income	£69k	£220k	£161k
Cash from operations	£192k	£381k	£296k
Source	Accounts · bulk data Dec 2024	Accounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 49.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £308k; Revenue ÷ average employees.
Profit per employee: £10.4k; Profit ÷ average employees.
Cash conversion: 143.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▲93%; Now £318k
Cash at bank: ▲8%; Now £532k
Headcount: ▲36%; Now 15
Deferred income: ▼27%; Now £161k
Fixed assets: ▲15%; Now £120k

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

Corporate ownership

Group structure

Ownership chain

Ithq Holdings Ltdultimate parent75–100%
Ithq Ltdthis company

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

Sister companies (1)

Stride Piv LtdRev. £449k · Profit £109k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £155k), from the Companies House accounts bulk data published Sep 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.