Abacus Employment Services Limited
Registered name: ABACUS EMPLOYMENT SERVICES LIMITED
Abacus Employment Services Limited made £15.8m revenue and £17.3k profit in the year to 30 Sep 2024.
Abacus Employment Services Limited’s revenue grew 15% to £15.8m in the year to 30 Sep 2024, with £17.3k profit and 639 employees. The company is classified under “temporary employment agency activities” and is based in Basingstoke; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Basingstoke, South East
- Age
- 35 yrs · since 1991
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.5m | £13.8m | £15.8m |
| Cost of sales | £11.1m | £11.3m | £13.3m |
| Gross profit | £2.4m | £2.5m | £2.6m |
| Operating profit | £113k | £113k | £134k |
| Profit before tax | £74.4k | £17.4k | £17.5k |
| Profit after tax | £57.5k | £8.4k | £17.3k |
| Profit (best available) | £57.5k | £8.4k | £17.3k |
| Staff costs | £12.6m | £12.8m | £14.8m |
| Employees (average) | 633 | 612 | 639 |
| Ratios | |||
| Profit margin | 0.4% | 0.1% | 0.1% |
| Gross margin | 17.5% | 18.3% | 16.4% |
| Revenue per employee | £21.3k | £22.5k | £24.8k |
| Profit per employee | £91 | £14 | £27 |
| Cash conversion | 151.5% | −336% | −142.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.2% | ▲15.1% |
| Profit growth | — | ▼85.4% | ▲105.8% |
| Headcount growth | — | ▼3.3% | ▲4.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £95.6k | £27.5k | £29.4k |
| Net assets | £309k | £221k | £222k |
| Fixed assets | £508k | £849k | £820k |
| Current assets | £2.2m | £2m | £2.2m |
| Debtors | £1.8m | £1.6m | £1.6m |
| Cash from operations | £171k | −£381k | −£191k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 16.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £24.8k
- Revenue ÷ average employees.
- Profit per employee
- £27
- Profit ÷ average employees.
- Cash conversion
- −142.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲1%
- Now £222k
- Cash at bank
- ▲7%
- Now £29.4k
- Headcount
- ▲4%
- Now 639
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £820k
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £17.3k), from the Companies House accounts bulk data published Jun 2025. 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.