Ivg Holdings Ltd
Registered name: IVG HOLDINGS LTD
Part of Hadi SM Investments Ltd groupIvg Holdings Ltd made £110m revenue and £17.8m profit in the year to 28 Feb 2025. read from filing text
Ivg Holdings Ltd’s revenue was £110m in the year to 28 Feb 2025, with £17.8m profit and 154 employees. The company is classified under “activities of other holding companies” and is based in Leicester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £52.1m | £110m |
| Cost of sales | £30.9m | £76m |
| Gross profit | £21.2m | £34m |
| Operating profit | £6.3m | £20.4m |
| Profit before tax | £6.2m | £20.5m |
| Profit after tax | £4.5m | £17.8m |
| Profit (best available) | £4.5m | £17.8m |
| Employees (average) | 0 | 154 |
| Ratios | ||
| Profit margin | 8.6% | 16.2% |
| Gross margin | 40.8% | 30.9% |
| Revenue per employee | — | £715k |
| Profit per employee | — | £116k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1 | £14.3m |
| Net assets | £1 | £12.5m |
| Fixed assets | £0 | £82.8k |
| Current assets | £1 | £16.5m |
| Debtors | £0 | £0 |
| Deferred income | £0 | £6k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 16.2%
- Profit ÷ revenue.
- Gross margin
- 30.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £715k
- Revenue ÷ average employees.
- Profit per employee
- £116k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 £12.5m
- Cash at bank
- —
- Now £14.3m
- Headcount
- —
- Now 154
- Deferred income
- —
- Now £6k
- Fixed assets
- —
- Now £82.8k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Hadi SM Investments Ltdultimate parent75–100%
- Ivg Holdings Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Acme Vape LtdRev. £79.4m · Profit £8.1m
- Acme E-Commerce LtdFigures not disclosed
- Hadi SM Civils LtdFigures not disclosed
- Hadi SM Developements LtdFigures not disclosed
- Ivg Compliance LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £17.8m), from the Companies House accounts bulk data published Nov 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.