How much does The Financial Reporting Council Limited make?

The Financial Reporting Council Limited reported revenue of £69m and £3.2m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does The Financial Reporting Council Limited have?

The Financial Reporting Council Limited reported an average of 464 employees in the year to 31 Mar 2026.

Is The Financial Reporting Council Limited profitable?

Yes — The Financial Reporting Council Limited reported a profit of £3.2m in the year to 31 Mar 2026.

Company No. 02486368 · Incorporated 23 Mar 1990

The Financial Reporting Council Limited

Registered name: THE FINANCIAL REPORTING COUNCIL LIMITED

The Financial Reporting Council Limited made £69m revenue and £3.2m profit in the year to 31 Mar 2026.

The Financial Reporting Council Limited’s revenue fell 1% to £69m in the year to 31 Mar 2026, with £3.2m profit and 464 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: London, London
Age: 36 yrs · since 1990
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2026

Key figures

IndependentCash flow filed

Revenue

£69m

Growth ▼1.3%

Profit

£3.2m

Growth ▲61%

Profit margin

4.7%

Employees

464

Change ▼2.7%

Profit / employee

£7k

Revenue/employee £149k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£69.9m	£69m
Operating profit	£2.2m	£3.5m
Profit after tax	£2m	£3.2m
Profit (best available)	£2m	£3.2m
Staff costs	£51.4m	£52m
Employees (average)	477	464
Ratios
Profit margin	2.9%	4.7%
Revenue per employee	£147k	£149k
Profit per employee	£4.2k	£7k
Cash conversion	254.7%	154.8%
Growth (year on year)
Revenue growth	—	▼1.3%
Profit growth	—	▲61%
Headcount growth	—	▼2.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.7m	£17.7m
Net assets	£16.8m	£20m
Current assets	£23.1m	£25.6m
Debtors	£4.4m	£2.8m
Deferred income	£413k	£317k
Cash from operations	£5.5m	£5.4m
Source	FullAccounts · bulk data Aug 2026	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 4.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £149k; Revenue ÷ average employees.
Profit per employee: £7k; Profit ÷ average employees.
Cash conversion: 154.8%; 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: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.1%; 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: ▲19%; Now £20m
Cash at bank: ▲29%; Now £17.7m
Headcount: ▼3%; Now 464
Deferred income: ▼23%; Now £317k
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

UK Accounting Standards Endorsement Board LimitedFigures not disclosed

Minority corporate shareholders

Secretary Of State For Business, Innovation, Science And Trade (registered outside the UK register)

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 Mar 2026 (profit £3.2m), 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.