Imenco UK Limited
Registered name: IMENCO UK LIMITED
Imenco UK Limited made £17.3m revenue and £743k profit in the year to 31 Dec 2024.
Imenco UK Limited’s revenue grew 17% to £17.3m in the year to 31 Dec 2024, with £743k profit and 115 employees. The company is classified under “support activities for petroleum and natural gas extraction” and is based in Aberdeen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 16 yrs · since 2010
- 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: “Imenco Invest AS”
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 | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £11.6m | £14.9m | £17.3m |
| Cost of sales | £7.4m | £8.9m | £11.8m |
| Gross profit | £4.2m | £6m | £5.5m |
| Operating profit | £773k | £1.7m | £1.3m |
| Profit before tax | £814k | £1.2m | £816k |
| Profit after tax | £741k | £1.5m | £743k |
| Profit (best available) | £741k | £1.5m | £743k |
| Staff costs | £4.7m | £5.6m | £6.7m |
| Employees (average) | 90 | 100 | 115 |
| Ratios | |||
| Profit margin | 6.4% | 9.9% | 4.3% |
| Gross margin | 36.4% | 40.1% | 32% |
| Revenue per employee | £129k | £149k | £151k |
| Profit per employee | £8.2k | £14.7k | £6.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲28.3% | ▲16.7% |
| Profit growth | — | ▲98.2% | ▼49.5% |
| Headcount growth | — | ▲11.1% | ▲15% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.3m | £508k | £658k |
| Net assets | £2.4m | £3.9m | £4.6m |
| Fixed assets | £2.7m | £3m | £2.7m |
| Current assets | £8.4m | £9.6m | £11.9m |
| Debtors | £1.8m | £1.9m | £2m |
| Deferred income | £92.6k | £125k | £1.1m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 32%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £151k
- Revenue ÷ average employees.
- Profit per employee
- £6.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.5%
- 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
- ▲19%
- Now £4.6m
- Cash at bank
- ▲30%
- Now £658k
- Headcount
- ▲15%
- Now 115
- Deferred income
- ▲747%
- Now £1.1m
- Fixed assets
- ▼10%
- Now £2.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £743k), from the Companies House accounts bulk data published Mar 2026. 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.