How much does Itad (2015) Limited make?

Itad (2015) Limited reported revenue of £18.8m and £507k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

Is Itad (2015) Limited profitable?

Yes — Itad (2015) Limited reported a profit of £507k in the year to 31 Jan 2025.

Company No. 09724942 · Incorporated 10 Aug 2015

Itad (2015) Limited

Registered name: ITAD (2015) LIMITED

Part of Foresight VCT PLC group

Itad (2015) Limited made £18.8m revenue and £507k profit in the year to 31 Jan 2025.

Itad (2015) Limited’s revenue fell 2% to £18.8m in the year to 31 Jan 2025, with £507k profit. The company is classified under “activities of other holding companies” and is based in Brighton; we hold 3 years of its filed accounts.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Brighton
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Jan 2025

Key figures

Revenue

£18.8m

Growth ▼2.5%

Profit

£507k

Growth ▲758%

Profit margin

2.7%

Gross 23.1%

Employees

—

Change —

Profit / employee

—

Profitable streak

3yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.3m	£19.3m	£18.8m
Cost of sales	−£13.1m	−£15.4m	−£14.5m
Gross profit	£4.2m	£3.9m	£4.4m
Operating profit	£729k	£428k	£1.1m
Profit before tax	£374k	£102k	£714k
Profit after tax	£258k	£59k	£507k
Profit (best available)	£258k	£59k	£507k
Employees (average)	—	—	—
Ratios
Profit margin	1.5%	0.3%	2.7%
Gross margin	24.2%	20.2%	23.1%
Growth (year on year)
Revenue growth	—	▲11.8%	▼2.5%
Profit growth	—	▼77.1%	▲758%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	Accounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 2.7%; Profit ÷ revenue.
Gross margin: 23.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Foresight VCT PLCultimate parent50–75%
Itad (2015) Limitedthis company

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

Subsidiaries (1)

Itad (2011) LimitedFigures not disclosed

Sister companies (1)

Nano Interactive Group LimitedFigures not disclosed

Minority corporate shareholders

Foresight Enterprise VCT PLC 25–50%

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2025 (profit £507k), from the Companies House accounts bulk data published Oct 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.