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Company No. 03720812 · Incorporated 25 Feb 1999

Fitzrovia I.T. Limited

Registered name: FITZROVIA I.T. LIMITED

Part of Goodman Jones LLP group

Fitzrovia I.T. Limited made £8.5m revenue and £864k profit in the year to 31 May 2025. read from filing text

Fitzrovia I.T. Limited’s revenue fell 7% to £8.5m in the year to 31 May 2025, with £864k profit and 62 employees. The company is classified under “other information technology service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
London, London
Age
27 yrs · since 1999
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: “D L Oliver and Goodman Jones LLP are the majority shareholders. The ultimate parent entity is Goodman Jones LLP, a limited liability partnership registered in England and Wales. Consolidated financial”

Latest accounts · year to 31 May 2025

Key figures

Capital-light
Revenue
£8.5m
Growth ▼7.2%
Profit
£864k
Growth ▼28.9%
Profit margin
10.2%
Gross 64.8%
Employees
62
Change ▼3.1%
Profit / employee
£13.9k
Revenue/employee £137k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 202431 May 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£9m£9m£9.1m£8.5m
Cost of sales£3.8m£3.6m£3.3m£3m
Gross profit£5.2m£5.5m£5.8m£5.5m
Operating profit£1.8m£1.8m£1.6m£1.1m
Profit before tax£1.8m£1.8m£1.6m£1.2m
Profit after tax£1.5m£1.4m£1.2m£864k
Profit (best available)£1.5m£1.4m£1.2m£864k
Employees (average)—616462
Ratios
Profit margin16.3%15.9%13.3%10.2%
Gross margin57.6%60.4%63.5%64.8%
Revenue per employee—£148k£143k£137k
Profit per employee—£23.6k£19k£13.9k
Growth (year on year)
Revenue growth—▲0.5%▲1.1%▼7.2%
Profit growth—▼2.2%▼15.5%▼28.9%
Headcount growth——▲4.9%▼3.1%
Balance sheet — indirect signals, not revenue
Cash at bank£1.9m£1.8m£1.9m£1.3m
Net assets£1.7m£2.2m£2m£1.5m
Fixed assets£126k£94.5k£129k£86.1k
Current assets£4.9m£4.8m£4.7m£3.9m
Debtors£2.7m£2.5m£2.1m£1.8m
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
10.2%
Profit ÷ revenue.
Gross margin
64.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£137k
Revenue ÷ average employees.
Profit per employee
£13.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.7%
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
▼23%
Now £1.5m
Cash at bank
▼30%
Now £1.3m
Headcount
▼3%
Now 62
Deferred income
—
Now —
Fixed assets
▼34%
Now £86.1k
Corporate ownership

Group structure

Ownership chain

  1. Goodman Jones LLPultimate parent50–75%
  2. Fitzrovia I.T. Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (5)

Sister companies (7)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £864k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 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.