How much does First Scottish Searching Services Limited make?

First Scottish Searching Services Limited reported revenue of £11.5m and £3.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does First Scottish Searching Services Limited have?

First Scottish Searching Services Limited reported an average of 88 employees in the year to 31 Dec 2025.

Is First Scottish Searching Services Limited profitable?

Yes — First Scottish Searching Services Limited reported a profit of £3.9m in the year to 31 Dec 2025.

Company No. 01026946 · Incorporated 11 Oct 1971

First Scottish Searching Services Limited

Registered name: FIRST SCOTTISH SEARCHING SERVICES LIMITED

Part of First Scottish Group Ltd group

First Scottish Searching Services Limited made £11.5m revenue and £3.9m profit in the year to 31 Dec 2025. read from filing text

First Scottish Searching Services Limited’s revenue grew 6% to £11.5m in the year to 31 Dec 2025, with £3.9m profit and 88 employees. The company is classified under “other business support service activities” and is based in Leicester; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Leicester, East Midlands
Age: 55 yrs · since 1971
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “During the two years ended 31 December 2025 the ultimate parent company was TIC Holdco Limited, a company registered in England. The ultimate controlling party was Peter Dubens, by virtue of his share”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£11.5m

Growth ▲5.7%

Profit

£3.9m

Growth ▲42.7%

Profit margin

34.3%

Gross 62%

Employees

Change ▼1.1%

Profit / employee

£44.7k

Revenue/employee £130k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£11m	£10.2m	£10.8m	£11.5m
Cost of sales	£4m	£3.8m	£4.1m	£4.4m
Gross profit	£7m	£6.3m	£6.8m	£7.1m
Operating profit	—	—	£2.7m	£2.9m
Profit before tax	£3.1m	£2.4m	£2.7m	£2.9m
Profit after tax	£2.8m	£2.4m	£2.8m	£3.9m
Profit (best available)	£2.8m	£2.4m	£2.8m	£3.9m
Staff costs	£3.1m	£3.2m	£3.3m	£3.3m
Employees (average)	85	88	89	88
Ratios
Profit margin	25.1%	23.4%	25.4%	34.3%
Gross margin	63.3%	62.5%	62.3%	62%
Revenue per employee	£129k	£115k	£122k	£130k
Profit per employee	£32.5k	£27k	£31k	£44.7k
Cash conversion	—	—	−126.7%	−115.1%
Growth (year on year)
Revenue growth	—	▼7.6%	▲6.8%	▲5.7%
Profit growth	—	▼14%	▲16.1%	▲42.7%
Headcount growth	—	▲3.5%	▲1.1%	▼1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£701k	£1.4m	£1.9m
Net assets	£4.3m	£4.4m	£4.3m	£5.5m
Fixed assets	£53.3k	£210k	£341k	£228k
Current assets	£5.3m	£5.2m	£5.4m	£6.8m
Debtors	£1m	£1m	£1.1m	£1.2m
Deferred income	£613k	£552k	£586k	£677k
Cash from operations	−£3.3m	−£2.3m	−£3.4m	−£3.3m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 34.3%; Profit ÷ revenue.
Gross margin: 62%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £130k; Revenue ÷ average employees.
Profit per employee: £44.7k; Profit ÷ average employees.
Cash conversion: −115.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.6%; 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: ▲27%; Now £5.5m
Cash at bank: ▲34%; Now £1.9m
Headcount: ▼1%; Now 88
Deferred income: ▲16%; Now £677k
Fixed assets: ▼33%; Now £228k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

First Scottish Group Ltd (registered outside the UK register)ultimate parent75–100%
First Scottish Searching Services Limitedthis company

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

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 FullAccounts for the year to 31 Dec 2025 (profit £3.9m), 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.