How much does Ionian Island Holidays Ltd make?

Ionian Island Holidays Ltd reported revenue of £15.6m and £778k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Ionian Island Holidays Ltd have?

Ionian Island Holidays Ltd reported an average of 15 employees in the year to 30 Sep 2025.

Is Ionian Island Holidays Ltd profitable?

Yes — Ionian Island Holidays Ltd reported a profit of £778k in the year to 30 Sep 2025.

Company No. 04352657 · Incorporated 14 Jan 2002

Ionian Island Holidays Ltd

Registered name: IONIAN ISLAND HOLIDAYS LTD

Part of Iih Trustee Limited group

Ionian Island Holidays Ltd made £15.6m revenue and £778k profit in the year to 30 Sep 2025.

Ionian Island Holidays Ltd’s revenue was £15.6m in the year to 30 Sep 2025, with £778k profit and 15 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 79110Travel agency activities

Status: Active
Location: London, London
Age: 24 yrs · since 2002
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.

Latest accounts · year to 30 Sep 2025

Key figures

Capital-lightCash flow filed

Revenue

£15.6m

Growth ▼0.4%

Profit

£778k

Growth ▼39.2%

Profit margin

Gross 26.2%

Employees

Change ▲15.4%

Profit / employee

£51.9k

Revenue/employee £1m

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 to	31 Oct 2022	31 Oct 2023	31 Oct 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.8m	£14.7m	£15.7m	£15.6m
Cost of sales	£11.3m	£12m	£12.2m	£11.5m
Gross profit	£3.5m	£2.5m	£3.5m	£4.1m
Operating profit	£2.5m	£1.2m	£1.6m	£1.1m
Profit before tax	£2.5m	£1.1m	£1.7m	£1.2m
Profit after tax	£2m	£852k	£1.3m	£778k
Profit (best available)	£2m	£852k	£1.3m	£778k
Staff costs	—	—	£712k	£704k
Employees (average)	12	13	13	15
Ratios
Profit margin	13.6%	5.8%	8.2%	5%
Gross margin	23.8%	17%	22.2%	26.2%
Revenue per employee	£1.2m	£1.1m	£1.2m	£1m
Profit per employee	£167k	£65.5k	£98.5k	£51.9k
Cash conversion	—	1%	97%	140.4%
Growth (year on year)
Revenue growth	—	▼0.6%	▲6.7%	▼0.4%
Profit growth	—	▼57.5%	▲50.4%	▼39.2%
Headcount growth	—	▲8.3%	0%	▲15.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.3m	£5.7m	£6.7m	£1.6m
Net assets	£3.4m	£4.2m	£5.4m	£253k
Fixed assets	£46.2k	£110k	£314k	£382k
Current assets	£7.2m	£7.5m	£8.5m	£3.7m
Debtors	£1.5k	£390	£0	£2.1m
Deferred income	£552k	£463k	£547k	£1m
Cash from operations	—	£11.9k	£1.6m	£1.5m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 5%; Profit ÷ revenue.
Gross margin: 26.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1m; Revenue ÷ average employees.
Profit per employee: £51.9k; Profit ÷ average employees.
Cash conversion: 140.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.4%; 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: ▼95%; Now £253k
Cash at bank: ▼76%; Now £1.6m
Headcount: ▲15%; Now 15
Deferred income: ▲86%; Now £1m
Fixed assets: ▲22%; Now £382k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Iih Trustee Limitedultimate parent75–100%
Ionian 1 Limited75–100%
Ionian Island Holidays Ltdthis company

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

Subsidiaries (1)

Ionian Islands (Flights) LimitedFigures not disclosed

Sister companies (3)

Aegean Island Holidays LimitedFigures not disclosed
Ionian & Aegean Island Holidays LtdFigures not disclosed
Tropical Island Holidays LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £778k), from the Companies House accounts bulk data published Jul 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.