Bridge-IT Housing UK Team Ltd
Registered name: BRIDGE-IT HOUSING UK TEAM LTD
Bridge-IT Housing UK Team Ltd made £18.1m revenue and £3.7m profit in the year to 28 Feb 2025.
Bridge-IT Housing UK Team Ltd’s revenue grew 45% to £18.1m in the year to 28 Feb 2025, with £3.7m profit and 159 employees. The company is classified under “renting and operating of housing association real estate” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 14 yrs · since 2012
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £12.5m | £18.1m |
| Cost of sales | — | — | £11.7m | £14.1m |
| Gross profit | — | — | £769k | £4m |
| Operating profit | — | — | £769k | £3.8m |
| Profit before tax | — | — | £775k | £3.8m |
| Profit after tax | — | — | £717k | £3.7m |
| Profit (best available) | — | — | £717k | £3.7m |
| Employees (average) | 129 | 132 | 133 | 159 |
| Ratios | ||||
| Profit margin | — | — | 5.7% | 20.4% |
| Gross margin | — | — | 6.2% | 22.1% |
| Revenue per employee | — | — | £93.9k | £114k |
| Profit per employee | — | — | £5.4k | £23.3k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲45% |
| Profit growth | — | — | — | ▲416.5% |
| Headcount growth | — | ▲2.3% | ▲0.8% | ▲19.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £693k | £799k | £620k | £4m |
| Net assets | £2.1m | £2.5m | £2m | £3.1m |
| Fixed assets | £1.1m | £1.3m | £1.4m | £4.3m |
| Current assets | £1.3m | £1.3m | £620k | £4.1m |
| Debtors | £583k | £501k | £0 | £63.9k |
| Source | AbridgedAccounts · bulk data Mar 2024 | AbridgedAccounts · bulk data Mar 2024 | FullAccounts · bulk data May 2026 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 20.4%
- Profit ÷ revenue.
- Gross margin
- 22.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- £23.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▲54%
- Now £3.1m
- Cash at bank
- ▲545%
- Now £4m
- Headcount
- ▲20%
- Now 159
- Deferred income
- —
- Now —
- Fixed assets
- ▲198%
- Now £4.3m
Similar profitable businesses
- Rhodevans LimitedStoke-on-Trent · Renting and operating of Housing Association real estate
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- Profit
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- Staff
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- May K LimitedWoking · Renting and operating of Housing Association real estate
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- Profit
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- Acorn Property Solutions LimitedDerby · Renting and operating of Housing Association real estate
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- £10m
- Profit
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- Staff
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- Georgian House (Torquay) LimitedTorquay · Renting and operating of Housing Association real estate
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- £7.7m
- Profit
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- Staff
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- Arena Business Centres LimitedSouthampton · Other letting and operating of own or leased real estate
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- £18m
- Profit
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- Staff
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- T.M. Browne Developments LimitedKing's Lynn · Other letting and operating of own or leased real estate
- Revenue
- £18.6m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £3.7m), from the Companies House accounts bulk data published May 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.