How much does First Advantage Europe Ltd make?

First Advantage Europe Ltd reported revenue of £38.3m and £3.4m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does First Advantage Europe Ltd have?

First Advantage Europe Ltd reported an average of 143 employees in the year to 31 Dec 2024.

Is First Advantage Europe Ltd profitable?

Yes — First Advantage Europe Ltd reported a profit of £3.4m in the year to 31 Dec 2024.

Company No. 03422709 · Incorporated 20 Aug 1997

First Advantage Europe Ltd

Registered name: FIRST ADVANTAGE EUROPE LTD

First Advantage Europe Ltd made £38.3m revenue and £3.4m profit in the year to 31 Dec 2024.

First Advantage Europe Ltd’s revenue fell 1% to £38.3m in the year to 31 Dec 2024, with £3.4m profit and 143 employees. The company is classified under “private security activities” and is based in Nottingham; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 80100Private security activities

Status: Active
Location: Nottingham, East Midlands
Age: 29 yrs · since 1997
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: “FADV B.V.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightBoring industry

Revenue

£38.3m

Growth ▼0.6%

Profit

£3.4m

Growth ▼20.7%

Profit margin

8.9%

Gross 41.1%

Employees

143

Change ▼0.7%

Profit / employee

£23.8k

Revenue/employee £268k

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£38.5m	£38.5m	£38.3m
Cost of sales	£22.4m	£22.4m	£22.6m
Gross profit	£16.1m	£16.1m	£15.7m
Operating profit	£6.6m	£5.7m	£4.4m
Profit before tax	£6.6m	£5.8m	£4.5m
Profit after tax	£5.6m	£4.3m	£3.4m
Profit (best available)	£5.6m	£4.3m	£3.4m
Staff costs	£6.2m	£7.8m	£10m
Employees (average)	168	144	143
Ratios
Profit margin	14.4%	11.1%	8.9%
Gross margin	41.8%	41.8%	41.1%
Revenue per employee	£229k	£268k	£268k
Profit per employee	£33.1k	£29.8k	£23.8k
Cash conversion	92.1%	78.5%	—
Growth (year on year)
Revenue growth	—	▲0%	▼0.6%
Profit growth	—	▼22.8%	▼20.7%
Headcount growth	—	▼14.3%	▼0.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.2m	£13.7m	£10.9m
Net assets	£14.9m	£19.2m	£14.6m
Fixed assets	£3.6m	£2.5m	£1.6m
Current assets	£16.6m	£20.5m	£18.3m
Debtors	£6.4m	£5.9m	£5.2m
Deferred income	£769k	£510k	£585k
Cash from operations	£6.1m	£4.5m	—
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 8.9%; Profit ÷ revenue.
Gross margin: 41.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £268k; Revenue ÷ average employees.
Profit per employee: £23.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▼24%; Now £14.6m
Cash at bank: ▼20%; Now £10.9m
Headcount: ▼1%; Now 143
Deferred income: ▲15%; Now £585k
Fixed assets: ▼35%; Now £1.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.4m), from the Companies House accounts bulk data published Sep 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.