The Change Group Corporation Limited
Registered name: THE CHANGE GROUP CORPORATION LIMITED
Part of The Change Group International PLC groupThe Change Group Corporation Limited made £5.2m revenue and £82.3k profit in the year to 31 Dec 2025.
The Change Group Corporation Limited’s revenue grew 659% to £5.2m in the year to 31 Dec 2025, with £82.3k profit and 36 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 34 yrs · since 1992
- 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.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £837k | £1.2m | £974k | £690k | £5.2m |
| Gross profit | £837k | £1.2m | £974k | £690k | £5.2m |
| Operating profit | −£937k | −£1.6m | −£679k | −£315k | £417k |
| Profit before tax | −£1.1m | −£1.8m | −£240k | −£525k | £33.7k |
| Profit after tax | −£536k | −£1.6m | −£41.1k | −£525k | £82.3k |
| Profit (best available) | −£536k | −£1.6m | −£41.1k | −£525k | £82.3k |
| Staff costs | £2.1m | £2.6m | £2.2m | £3m | £2.6m |
| Employees (average) | 23 | 24 | 30 | 39 | 36 |
| Ratios | |||||
| Profit margin | −64% | −133.8% | −4.2% | −76.1% | 1.6% |
| Gross margin | 100% | 100% | 100% | 100% | 100% |
| Revenue per employee | £36.4k | £49.3k | £32.5k | £17.7k | £146k |
| Profit per employee | −£23.3k | −£66k | −£1.4k | −£13.5k | £2.3k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲41.4% | ▼17.7% | ▼29.1% | ▲659.4% |
| Headcount growth | — | ▲4.3% | ▲25% | ▲30% | ▼7.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £116k | £646k | £943k | £1.2m | £836k |
| Net assets | −£10.5k | −£1.6m | −£1.6m | −£2.2m | −£2.1m |
| Fixed assets | £3.8m | £3.8m | £3.8m | £4.4m | £4.5m |
| Current assets | £7.3m | £3.4m | £3.8m | £6.7m | £10.8m |
| Debtors | £7.1m | £1.3k | £17k | £57k | £6.2k |
| Deferred income | £439k | £421k | £655k | £825k | £827k |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £146k
- Revenue ÷ average employees.
- Profit per employee
- £2.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 86%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- —
- Now −£2.1m
- Cash at bank
- ▼31%
- Now £836k
- Headcount
- ▼8%
- Now 36
- Deferred income
- ▲0%
- Now £827k
- Fixed assets
- ▲2%
- Now £4.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- The Change Group International PLCultimate parent75–100%
- The Change Group Corporation Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- The Change Group London LimitedRev. £28m · Profit £596k
- Changegroup Atms LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £82.3k), from the Companies House accounts bulk data published Jun 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.