Totemic Limited
Registered name: TOTEMIC LIMITED
Part of Ravenco GP LLP groupTotemic Limited made £26.3m revenue and £4.5m profit in the year to 31 Dec 2025.
Totemic Limited’s revenue grew 9% to £26.3m in the year to 31 Dec 2025, with £4.5m profit and 418 employees. The company is classified under “other business support service activities” and is based in Grantham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Grantham, East Midlands
- Age
- 33 yrs · since 1993
- 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: “Payplan Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £24.1m | £26.3m |
| Cost of sales | £576k | £804k |
| Gross profit | £23.5m | £25.5m |
| Operating profit | £3.6m | £4.8m |
| Profit before tax | £3.6m | £4.8m |
| Profit after tax | £3.5m | £4.5m |
| Profit (best available) | £3.5m | £4.5m |
| Staff costs | £12.5m | £14.4m |
| Employees (average) | 396 | 418 |
| Ratios | ||
| Profit margin | 14.5% | 16.9% |
| Gross margin | 97.6% | 97% |
| Revenue per employee | £60.9k | £63k |
| Profit per employee | £8.8k | £10.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲9.2% |
| Profit growth | — | ▲27.6% |
| Headcount growth | — | ▲5.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £519k | £1.1m |
| Net assets | £7.4m | £11.9m |
| Fixed assets | £1.9m | £1.9m |
| Current assets | £6.9m | £12.1m |
| Debtors | £1.5m | £1.9m |
| Deferred income | £367k | £568k |
| Source | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 16.9%
- Profit ÷ revenue.
- Gross margin
- 97%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £63k
- Revenue ÷ average employees.
- Profit per employee
- £10.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.4%
- 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
- ▲60%
- Now £11.9m
- Cash at bank
- ▲117%
- Now £1.1m
- Headcount
- ▲6%
- Now 418
- Deferred income
- ▲55%
- Now £568k
- Fixed assets
- ▼3%
- Now £1.9m
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
- Ravenco GP LLPultimate parent50–75%
- Ravenco 1 Limited75–100%
- Ravenco 2 Limited75–100%
- Ravenco 3 Limited75–100%
- Ravenco 4 Limited75–100%
- Payplan Group Limited75–100%
- Payplan Limited75–100%
- Totemic Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Payplan Partnership LimitedRev. £15.1m · Profit £3.4m
- Payplan (Iva) LimitedRev. £8.7m · Profit −£5.7m
- Payplan Bespoke Solutions LimitedRev. £5m · Profit £1.1m
- Payplan (Scotland) LimitedRev. £590k · Profit £8.4k
- Payplan Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4.5m), 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.