Itheon Limited
Registered name: ITHEON LIMITED
Part of Service Express Emea Limited groupItheon Limited made £0 revenue and a £928 loss in the year to 31 Dec 2024.
Itheon Limited’s revenue fell 100% to £0 in the year to 31 Dec 2024, with a loss of £928. The company is classified under “information technology consultancy activities” and is based in Bedford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bedford, South East
- Age
- 39 yrs · since 1987
- 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: “Service Express Europe Limited”
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&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.7k | £1.6k | £0 |
| Gross profit | £12.7k | £1.6k | £0 |
| Operating profit | £12.5k | £1.6k | — |
| Profit before tax | — | — | £0 |
| Profit after tax | £23.2k | £1.4k | −£928 |
| Profit (best available) | £23.2k | £1.4k | −£928 |
| Employees (average) | 0 | 0 | — |
| Ratios | |||
| Profit margin | 182.6% | 87.4% | — |
| Gross margin | 100% | 100% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼87.3% | ▼100% |
| Profit growth | — | ▼93.9% | ▼166.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £3.1m | £3.1m | — |
| Current assets | £3.1m | £3.1m | — |
| Debtors | £3.1m | £3.1m | — |
| Deferred income | £1.6k | £0 | — |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Service Express Emea Limitedultimate parent75–100%
- New Blue Chip Limited75–100%
- Service Express Europe Limited75–100%
- Itheon Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Icc Managed Services LimitedRev. £445k · Profit £32.7k
- Blue Chip LimitedFigures not disclosed
- Blue Chip Parts LimitedFigures not disclosed
- Icc Northern UK LtdRev. — · Profit £254k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£928), 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.