Afh Independent Financial Services Limited
Registered name: AFH INDEPENDENT FINANCIAL SERVICES LIMITED
Part of Afh Financial Group Limited groupAfh Independent Financial Services Limited made £81.9m revenue and £27.9m profit in the year to 31 Oct 2025. read from filing text
Afh Independent Financial Services Limited’s revenue grew 11% to £81.9m in the year to 31 Oct 2025, with £27.9m profit and 593 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Bromsgrove; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bromsgrove, West Midlands
- Age
- 26 yrs · since 2000
- 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 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £68.2m | £73.6m | £81.9m |
| Cost of sales | £25.5m | £22.8m | £22m |
| Gross profit | £42.7m | £50.8m | £59.9m |
| Operating profit | £18.9m | £26m | £27.8m |
| Profit before tax | £18.9m | £26.1m | £27.9m |
| Profit (best available) | £18.9m | £26.1m | £27.9m |
| Staff costs | £24.9m | £29.7m | £32.4m |
| Employees (average) | 527 | 560 | 593 |
| Ratios | |||
| Profit margin | 27.7% | 35.4% | 34% |
| Gross margin | 62.7% | 69% | 73.2% |
| Revenue per employee | £129k | £131k | £138k |
| Profit per employee | £35.8k | £46.5k | £47k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.9% | ▲11.2% |
| Profit growth | — | ▲37.9% | ▲6.9% |
| Headcount growth | — | ▲6.3% | ▲5.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.5m | £2.9m | £2.5m |
| Net assets | £48.7m | £74.3m | £102m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 34%
- Profit ÷ revenue.
- Gross margin
- 73.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £138k
- Revenue ÷ average employees.
- Profit per employee
- £47k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲38%
- Now £102m
- Cash at bank
- ▼12%
- Now £2.5m
- Headcount
- ▲6%
- Now 593
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Afh Financial Group Limitedultimate parent75–100%
- Afh Independent Financial Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- ST Johns Asset Management LimitedRev. £5.5m · Profit £3.6m
- Applewood Independent LtdRev. £2.8m · Profit £1.5m
- Mulberry Independent Financial Advisers LimitedRev. £72.6k · Profit £9.5k
- The Insurance Partnership Financial Services LimitedActive - Proposal to Strike offRev. £0 · Profit £3.4k
- A & J Wealth Management LimitedRev. — · Profit £1.8m
- Enable Independent LimitedRev. — · Profit £1.2m
- Lead Technologies (Europe) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £27.9m), from the Companies House accounts bulk data published Jul 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.