I.T. Professional Services Limited
Registered name: I.T. PROFESSIONAL SERVICES LIMITED
Part of JTL Group Holdings Limited groupI.T. Professional Services Limited made £19.6m revenue and £1.5m profit in the year to 31 Dec 2024. read from filing text
I.T. Professional Services Limited’s revenue grew 2% to £19.6m in the year to 31 Dec 2024, with £1.5m profit and 114 employees. The company is classified under “other information technology service activities” and is based in Chester Le Street; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chester Le Street, North East
- Age
- 26 yrs · since 2000
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £11m | £19.2m | £19.6m |
| Cost of sales | £13.7m | £8m | £13.1m | £14.7m |
| Gross profit | — | £3.1m | £6.1m | £4.9m |
| Operating profit | — | £811k | £1.5m | £1.5m |
| Profit before tax | £1.2m | £807k | £1.5m | £1.5m |
| Profit after tax | £1.2m | £822k | £1.5m | £1.5m |
| Profit (best available) | £1.2m | £822k | £1.5m | £1.5m |
| Staff costs | £5.9m | £3.7m | £6.4m | £7.3m |
| Employees (average) | 106 | 105 | 108 | 114 |
| Ratios | ||||
| Profit margin | — | 7.4% | 7.8% | 7.5% |
| Gross margin | — | 27.8% | 31.9% | 25% |
| Revenue per employee | — | £105k | £178k | £172k |
| Profit per employee | £11k | £7.8k | £13.9k | £13k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲1.9% |
| Profit growth | — | — | — | ▼1.8% |
| Headcount growth | — | — | — | ▲5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.4m | £1.7m | £656k | £508k |
| Net assets | £5.1m | £5.9m | £7.4m | £8.9m |
| Fixed assets | £2.3m | £2.3m | £2.4m | £2.7m |
| Current assets | £9.2m | £10.3m | £11.9m | £14.8m |
| Debtors | £2.4m | £3.2m | £3m | £3.3m |
| Deferred income | £3.7m | £3.2m | £3.2m | £3.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- 25%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £172k
- Revenue ÷ average employees.
- Profit per employee
- £13k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.7%
- 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
- ▲20%
- Now £8.9m
- Cash at bank
- ▼23%
- Now £508k
- Headcount
- ▲6%
- Now 114
- Deferred income
- ▼3%
- Now £3.1m
- Fixed assets
- ▲13%
- Now £2.7m
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
- JTL Group Holdings Limitedultimate parent50–75%
- Itps Topco Limited75–100%
- Itps Midco Limited75–100%
- Itps Bidco Limited75–100%
- Itps (Holdings) Limited75–100%
- I.T. Professional Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Itps Colocation LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.5m), from the Companies House accounts bulk data published Dec 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.