How much does Godfreys I.T. Limited make?

Godfreys I.T. Limited reported revenue of £23m and £685k profit in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does Godfreys I.T. Limited have?

Godfreys I.T. Limited reported an average of 39 employees in the year to 31 Jan 2026.

Is Godfreys I.T. Limited profitable?

Yes — Godfreys I.T. Limited reported a profit of £685k in the year to 31 Jan 2026.

Company No. 05887957 · Incorporated 26 Jul 2006

Godfreys I.T. Limited

Registered name: GODFREYS I.T. LIMITED

Part of Godfreys I.T. Limited group

Godfreys I.T. Limited made £23m revenue and £685k profit in the year to 31 Jan 2026.

Godfreys I.T. Limited’s revenue fell 6% to £23m in the year to 31 Jan 2026, with £685k profit and 39 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Lowestoft; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Lowestoft, East of England
Age: 20 yrs · since 2006
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 31 Jan 2026

Key figures

Capital-light

Revenue

£23m

Growth ▼6.4%

Profit

£685k

Growth ▼1.6%

Profit margin

Gross 30.9%

Employees

Change ▲2.6%

Profit / employee

£17.6k

Revenue/employee £589k

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 to	31 Jan 2025	31 Jan 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24.5m	£23m
Cost of sales	£16.9m	£15.9m
Gross profit	£7.6m	£7.1m
Operating profit	£942k	£949k
Profit before tax	£929k	£918k
Profit after tax	£696k	£685k
Profit (best available)	£696k	£685k
Staff costs	£1.2m	£1.3m
Employees (average)	38	39
Ratios
Profit margin	2.8%	3%
Gross margin	31%	30.9%
Revenue per employee	£646k	£589k
Profit per employee	£18.3k	£17.6k
Growth (year on year)
Revenue growth	—	▼6.4%
Profit growth	—	▼1.6%
Headcount growth	—	▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£1.7m
Net assets	£3.4m	£3.4m
Fixed assets	£1.3m	£1.2m
Current assets	£6.2m	£6.5m
Debtors	£64.1k	£107k
Source	FullAccounts · bulk data Jul 2026	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 3%; Profit ÷ revenue.
Gross margin: 30.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £589k; Revenue ÷ average employees.
Profit per employee: £17.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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: ▼1%; Now £3.4m
Cash at bank: ▼14%; Now £1.7m
Headcount: ▲3%; Now 39
Deferred income: —; Now —
Fixed assets: ▼3%; Now £1.2m

Corporate ownership

Group structure

Ownership chain

Godfreys I.T. Limitedultimate parent75–100%
Buyaparcel Trustee Limited75–100%
Buyaparcel Limited75–100%
Godfreys I.T. Limitedthis company

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

Subsidiaries (1)

Buyaparcel Trustee 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 31 Jan 2026 (profit £685k), 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.