Iforce Auctions Limited
Registered name: IFORCE AUCTIONS LIMITED
Part of TM Corporate Holdings UK Limited groupIforce Auctions Limited made £6.3m revenue and £259k profit in the year to 29 Dec 2024.
Iforce Auctions Limited’s revenue fell 11% to £6.3m in the year to 29 Dec 2024, with £259k profit and 12 employees. The company is classified under “activities of head offices” and is based in Warrington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warrington
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 29 Dec 2023 | 31 Dec 2023 | 29 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £6.2m | £7.1m | £7.1m | £6.3m |
| Cost of sales | −£5.2m | −£5.4m | −£5.4m | −£5.4m |
| Gross profit | £1.1m | £1.7m | £1.7m | £926k |
| Operating profit | £286k | £700k | £700k | −£13k |
| Profit before tax | £285k | £698k | £698k | £347k |
| Profit after tax | £231k | £534k | £534k | £259k |
| Profit (best available) | £231k | £534k | £534k | £259k |
| Employees (average) | 12 | 14 | 14 | 12 |
| Ratios | ||||
| Profit margin | 3.7% | 7.5% | 7.5% | 4.1% |
| Gross margin | 17.3% | 23.5% | 23.5% | 14.7% |
| Revenue per employee | £519k | £507k | £507k | £524k |
| Profit per employee | £19.3k | £38.1k | £38.1k | £21.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13.8% | — | ▼11.3% |
| Profit growth | — | ▲131.2% | — | ▼51.5% |
| Headcount growth | — | ▲16.7% | — | ▼14.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 4.1%
- Profit ÷ revenue.
- Gross margin
- 14.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £524k
- Revenue ÷ average employees.
- Profit per employee
- £21.6k
- 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
- ▼14%
- Now 12
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TM Corporate Holdings UK Limitedultimate parent75–100%
- Culina Group Limited75–100%
- Greenwhitestar Acquisitions Limited75–100%
- Iforce Group Limited75–100%
- Iforce Auctions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Iforce LimitedFigures not disclosed
- Iforce Trading LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Dec 2024 (profit £259k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 18 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.