Ibapplications Limited
Active10205513Financial servicesIncorporated 28 May 2016 · London
The principal activity of the company in the year under review was that of marketing and sale of insurance platform and software.
Revenue
£1.2m
▼ -39.9% vs prior ~12m period
Profit after tax
£18k
Margin 0.5%
Employees
1
▼ -50.0% vs prior ~12m period
Net assets
£258k
Total assets £268k
Financial history
Revenue by accounting period
8 periods available · ▲ growth ▼ decline
Dec 2018Not available
Dec 2019
£1.6m
Dec 2020
£3.3m▲ +107.5%
Dec 2021
£4.2m▲ +28.6%
Dec 2022
£3.1m▼ -25.6%
Dec 2023
£2.4m▼ -22.5%
Dec 2024
£2.1m▼ -15.0%
Dec 2025
£1.2m▼ -39.9%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | £1.2m | ▼ -39.9% | £22k | 1 | £258k |
| 31 Dec 2024 | £2.1m | ▼ -15.0% | £12k | 2 | £241k |
| 31 Dec 2023 | £2.4m | ▼ -22.5% | £143k | 3 | £410k |
| 31 Dec 2022 | £3.1m | ▼ -25.6% | £150k | 4 | £301k |
| 31 Dec 2021 | £4.2m | ▲ +28.6% | £45k | 3 | £179k |
| 31 Dec 2020 | £3.3m | ▲ +107.5% | £48k | 5 | £137k |
| 31 Dec 2019 | £1.6m | — | £63k | 5 | £99k |
| 31 Dec 2018 | — | — | — | — | £48k |
Latest available figures
Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £1.2m
- Gross profit
- Not available
- Operating profit
- £6k
- Profit before tax
- £22k
- Profit after tax
- £18k
Balance sheet
- Total assets
- £268k
- Cash
- £33k
- Total liabilities
- £10k
- Net assets
- £258k
- Revenue per employee
- £1.2m
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