Incredible IT Ltd
Registered name: INCREDIBLE IT LTD
Incredible IT Ltd made £5.8k revenue and a £10.7k loss in the year to 31 Mar 2025.
Incredible IT Ltd’s revenue fell 33% to £5.8k in the year to 31 Mar 2025, with a loss of £10.7k and 2 employees. The company is classified under “business and domestic software development” and is based in Wigan; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £677 | £3.3k | £8.7k | £5.8k |
| Cost of sales | £1.9k | £0 | — | — |
| Gross profit | −£1.2k | £3.3k | — | — |
| Operating profit | −£1.7k | −£4.1k | — | — |
| Profit before tax | −£1.7k | −£4.1k | — | — |
| Profit after tax | −£1.7k | −£4.1k | −£3.4k | −£10.7k |
| Profit (best available) | −£1.7k | −£4.1k | −£3.4k | −£10.7k |
| Staff costs | — | £0 | £0 | £2.9k |
| Employees (average) | 0 | 0 | 0 | 2 |
| Ratios | ||||
| Profit margin | −252.1% | −123.9% | −39.1% | −183.1% |
| Gross margin | −176.4% | 100% | — | — |
| Revenue per employee | — | — | — | £2.9k |
| Profit per employee | — | — | — | −£5.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲394.7% | ▲161.2% | ▼33.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £1 | £1 | £16.8k | £16.3k |
| Fixed assets | — | £0 | £0 | £0 |
| Current assets | £1 | £1 | £16.8k | £16.3k |
| Debtors | £1 | £1 | — | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −183.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.9k
- Revenue ÷ average employees.
- Profit per employee
- −£5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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.
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
- ▼3%
- Now £16.3k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£10.7k), 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.