How much does The Practice Loan Company PLC make?

The Practice Loan Company PLC reported revenue of £1.1m and a loss of £40.7k in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does The Practice Loan Company PLC have?

The Practice Loan Company PLC reported an average of 3 employees in the year to 31 Mar 2026.

Is The Practice Loan Company PLC profitable?

No — The Practice Loan Company PLC reported a loss of £40.7k in the year to 31 Mar 2026.

Company No. 03767146 · Incorporated 10 May 1999

The Practice Loan Company PLC

Registered name: THE PRACTICE LOAN COMPANY PLC

The Practice Loan Company PLC made £1.1m revenue and a £40.7k loss in the year to 31 Mar 2026.

The Practice Loan Company PLC’s revenue fell 16% to £1.1m in the year to 31 Mar 2026, with a loss of £40.7k and 3 employees. The company is classified under “other business support service activities” and is based in Lichfield; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Lichfield, West Midlands
Age: 27 yrs · since 1999
Type: Public Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£1.1m

Growth ▼15.9%

Profit

−£40.7k

Growth ▼300%

Profit margin

−3.7%

Gross 31.9%

Employees

Change 0%

Profit / employee

−£13.6k

Revenue/employee £363k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.3m	£1.6m	£1.3m	£1.1m
Cost of sales	£1m	£1m	£873k	£741k
Gross profit	£264k	£622k	£420k	£347k
Operating profit	£35.1k	£312k	£33.4k	−£40k
Profit before tax	£33.6k	£311k	£28.5k	−£45.7k
Profit after tax	£25.7k	£228k	£20.3k	−£40.7k
Profit (best available)	£25.7k	£228k	£20.3k	−£40.7k
Staff costs	£104k	£121k	£192k	£202k
Employees (average)	—	3	3	3
Ratios
Profit margin	2%	14%	1.6%	−3.7%
Gross margin	20.2%	38.2%	32.5%	31.9%
Revenue per employee	—	£543k	£431k	£363k
Profit per employee	—	£76.1k	£6.8k	−£13.6k
Cash conversion	390.1%	39.2%	313.9%	—
Growth (year on year)
Revenue growth	—	▲24.5%	▼20.6%	▼15.9%
Profit growth	—	▲786.4%	▼91.1%	▼300%
Headcount growth	—	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£115k	£174k	£143k	£81.2k
Net assets	£115k	£318k	£338k	£297k
Fixed assets	£43.5k	£56.4k	£136k	£99.9k
Current assets	£141k	£397k	£359k	£361k
Debtors	£25.6k	£32.8k	£27.3k	£49.5k
Deferred income	£8.8k	£8.8k	£8.8k	£8.8k
Cash from operations	£137k	£122k	£105k	−£26.9k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −3.7%; Profit ÷ revenue.
Gross margin: 31.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £363k; Revenue ÷ average employees.
Profit per employee: −£13.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.5%; 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: ▼12%; Now £297k
Cash at bank: ▼43%; Now £81.2k
Headcount: 0%; Now 3
Deferred income: 0%; Now £8.8k
Fixed assets: ▼27%; Now £99.9k

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 Mar 2026 (profit −£40.7k), from the Companies House accounts bulk data published Sep 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.