How much does IT Works Resource Ltd make?

IT Works Resource Ltd reported revenue of £17.4m and £514k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does IT Works Resource Ltd have?

IT Works Resource Ltd reported an average of 43 employees in the year to 31 Dec 2025.

Is IT Works Resource Ltd profitable?

Yes — IT Works Resource Ltd reported a profit of £514k in the year to 31 Dec 2025.

Company No. 11416882 · Incorporated 15 Jun 2018

IT Works Resource Ltd

Registered name: IT WORKS RESOURCE LTD

IT Works Resource Ltd made £17.4m revenue and £514k profit in the year to 31 Dec 2025.

IT Works Resource Ltd’s revenue fell 22% to £17.4m in the year to 31 Dec 2025, with £514k profit and 43 employees. The company is classified under “other information technology service activities” and is based in Preston; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Preston, North West
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£17.4m

Growth ▼21.8%

Profit

£514k

Growth ▼42.9%

Profit margin

2.9%

Gross 24.8%

Employees

Change ▼2.3%

Profit / employee

£12k

Revenue/employee £405k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22m	£22.3m	£17.4m
Cost of sales	−£17.2m	−£17.3m	−£13.1m
Gross profit	£4.8m	£5m	£4.3m
Operating profit	£1.3m	£1.3m	£699k
Profit before tax	£1.3m	£1.3m	£715k
Profit after tax	£969k	£900k	£514k
Profit (best available)	£969k	£900k	£514k
Employees (average)	41	44	43
Ratios
Profit margin	4.4%	4%	2.9%
Gross margin	21.8%	22.3%	24.8%
Revenue per employee	£536k	£506k	£405k
Profit per employee	£23.6k	£20.5k	£12k
Growth (year on year)
Revenue growth	—	▲1.4%	▼21.8%
Profit growth	—	▼7.1%	▼42.9%
Headcount growth	—	▲7.3%	▼2.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jul 2025	Accounts · bulk data Jul 2025	Accounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 2.9%; Profit ÷ revenue.
Gross margin: 24.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £405k; Revenue ÷ average employees.
Profit per employee: £12k; 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: ▼2%; Now 43
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (2)

IT Works Health LimitedFigures not disclosed
IT Works Recruitment LtdFigures 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 accounts for the year to 31 Dec 2025 (profit £514k), from the Companies House accounts bulk data published Aug 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.