IT Prodigies Ltd
Registered name: IT PRODIGIES LTD
IT Prodigies Ltd made £224k revenue and £5.9k profit in the year to 31 Dec 2024.
IT Prodigies Ltd’s revenue grew 161% to £224k in the year to 31 Dec 2024, with £5.9k profit and 2 employees. The company is classified under “treatment and disposal of non-hazardous waste” and is based in Hull; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 4 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £86.1k | £224k |
| Cost of sales | — | — | £198k |
| Gross profit | — | — | £26.7k |
| Operating profit | — | — | £7.2k |
| Profit before tax | — | — | £7.2k |
| Profit after tax | — | £3k | £5.9k |
| Profit (best available) | — | £3k | £5.9k |
| Staff costs | — | £20k | — |
| Employees (average) | — | 2 | 2 |
| Ratios | |||
| Profit margin | — | 3.5% | 2.6% |
| Gross margin | — | — | 11.9% |
| Revenue per employee | — | £43.1k | £112k |
| Profit per employee | — | £1.5k | £2.9k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲160.5% |
| Profit growth | — | — | ▲97.5% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £0 | £0 | £10.1k |
| Fixed assets | — | £100 | £100 |
| Current assets | £0 | £0 | £10k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 11.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £112k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- 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
- —
- Now £10.1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £100
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5.9k), from the Companies House accounts bulk data published Oct 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.