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Company No. 01251950 · Incorporated 29 Mar 1976

As International Corporation Ltd

Registered name: AS INTERNATIONAL CORPORATION LTD

As International Corporation Ltd made £23.7m revenue and £5.3m profit in the year to 28 Dec 2024.

As International Corporation Ltd’s revenue grew 14% to £23.7m in the year to 28 Dec 2024, with £5.3m profit and 117 employees. The company is classified under “technical testing and analysis” and is based in Liverpool; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71200Technical testing and analysis
Status
Active
Location
Liverpool, North West
Age
50 yrs · since 1976
Type
Private Limited Company
Latest accounts · year to 28 Dec 2024

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£23.7m
Growth ▲13.9%
Profit
£5.3m
Growth ▲24.8%
Profit margin
22.6%
Gross 65.4%
Employees
117
Change ▲24.5%
Profit / employee
£45.6k
Revenue/employee £202k
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 to28 Dec 202228 Dec 202328 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£18.7m£20.8m£23.7m
Cost of sales£8m£8.6m£8.2m
Gross profit£10.7m£12.2m£15.5m
Operating profit£5.1m£5.4m£7.1m
Profit before tax£5.1m£5.7m£7.3m
Profit after tax£4.1m£4.3m£5.3m
Profit (best available)£4.1m£4.3m£5.3m
Staff costs£3.2m£3.6m£4.6m
Employees (average)8594117
Ratios
Profit margin21.6%20.6%22.6%
Gross margin57.1%58.6%65.4%
Revenue per employee£220k£221k£202k
Profit per employee£47.7k£45.4k£45.6k
Cash conversion−87.7%−113%−97.2%
Growth (year on year)
Revenue growth—▲10.9%▲13.9%
Profit growth—▲5.4%▲24.8%
Headcount growth—▲10.6%▲24.5%
Balance sheet — indirect signals, not revenue
Cash at bank£14.1m£18m£22m
Net assets£16.9m£21.2m£26.5m
Fixed assets£1.4m£1.4m£1.7m
Current assets£19.1m£23.1m£27.7m
Debtors£3.3m£2.9m£3.6m
Deferred income£220k£134k£298k
Cash from operations−£4.4m−£6.1m−£6.9m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
22.6%
Profit ÷ revenue.
Gross margin
65.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£202k
Revenue ÷ average employees.
Profit per employee
£45.6k
Profit ÷ average employees.
Cash conversion
−97.2%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.2%
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
▲25%
Now £26.5m
Cash at bank
▲23%
Now £22m
Headcount
▲24%
Now 117
Deferred income
▲122%
Now £298k
Fixed assets
▲23%
Now £1.7m

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

Subsidiaries (1)

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 28 Dec 2024 (profit £5.3m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.