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Company No. 00924579 · Incorporated 13 Dec 1967

Ifchor Galbraiths UK Limited

Registered name: IFCHOR GALBRAITHS UK LIMITED

Ifchor Galbraiths UK Limited made £26.9m revenue and £179k profit in the year to 31 Dec 2024. read from filing text

Ifchor Galbraiths UK Limited’s revenue fell 8% to £26.9m in the year to 31 Dec 2024, with £179k profit and 61 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
London, London
Age
58 yrs · since 1967
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: “The immediate and ultimate holding company is Ifchor Galbraiths SA, a company registered in Switzerland at Place Pepinet 1, 1003 Lausanne, Switzerland.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed
Revenue
£26.9m
Growth ▼7.5%
Profit
£179k
Growth ▼87.3%
Profit margin
0.7%
 
Employees
61
Change ▲7%
Profit / employee
£2.9k
Revenue/employee £441k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£29.1m£26.9m
Operating profit£2.2m£462k
Profit before tax£2.2m£519k
Profit after tax£1.4m£179k
Profit (best available)£1.4m£179k
Staff costs£19.1m£17.2m
Employees (average)5761
Ratios
Profit margin4.8%0.7%
Revenue per employee£510k£441k
Profit per employee£24.7k£2.9k
Cash conversion—341.6%
Growth (year on year)
Revenue growth—▼7.5%
Profit growth—▼87.3%
Headcount growth—▲7%
Balance sheet — indirect signals, not revenue
Cash at bank£16m£12.5m
Net assets£4.9m£3.1m
Fixed assets£452k£420k
Debtors£3.4m£2.6m
Deferred income£12.1m£8.2m
Cash from operations—£1.6m
SourceFullAccounts · bulk data Nov 2025FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
0.7%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£441k
Revenue ÷ average employees.
Profit per employee
£2.9k
Profit ÷ average employees.
Cash conversion
341.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
30.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.5%
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
▼36%
Now £3.1m
Cash at bank
▼22%
Now £12.5m
Headcount
▲7%
Now 61
Deferred income
▼32%
Now £8.2m
Fixed assets
▼7%
Now £420k

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 £179k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.