Athona Limited
Registered name: ATHONA LIMITED
Part of Athona Trustee Company Limited groupAthona Limited made £28.9m revenue and a £113k loss in the year to 31 Jul 2025. read from filing text
Athona Limited’s revenue fell 37% to £28.9m in the year to 31 Jul 2025, with a loss of £113k and 78 employees. The company is classified under “temporary employment agency activities” and is based in Romford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Romford, London
- Age
- 23 yrs · since 2003
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £50.5m | £59.9m | £46m | £28.9m |
| Cost of sales | £42.5m | £50.9m | £38.6m | £23.7m |
| Gross profit | £8m | £9m | £7.4m | £5.2m |
| Operating profit | £1.6m | £2m | £995k | −£10.3k |
| Profit before tax | £1.6m | £1.8m | £898k | −£110k |
| Profit after tax | £1.2m | £1.4m | £643k | −£113k |
| Profit (best available) | £1.2m | £1.4m | £643k | −£113k |
| Staff costs | £5.1m | £5.5m | £4.8m | £3.8m |
| Employees (average) | 99 | 102 | 97 | 78 |
| Ratios | ||||
| Profit margin | 2.5% | 2.4% | 1.4% | −0.4% |
| Gross margin | 15.9% | 15% | 16.2% | 18% |
| Revenue per employee | £510k | £587k | £475k | £371k |
| Profit per employee | £12.5k | £14.1k | £6.6k | −£1.4k |
| Cash conversion | −29.9% | −46.7% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18.6% | ▼23.1% | ▼37.2% |
| Profit growth | — | ▲16.4% | ▼55.3% | ▼117.5% |
| Headcount growth | — | ▲3% | ▼4.9% | ▼19.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £17.5k | £176k | £528k | £401k |
| Net assets | £1.5m | £2.5m | £2.6m | £246k |
| Fixed assets | £227k | £241k | £323k | £407k |
| Current assets | £10.4m | £10.8m | £5.7m | £4m |
| Debtors | £8.7m | £8.8m | £3.1m | £2.5m |
| Deferred income | £2m | £2.7m | £1.4m | £589k |
| Cash from operations | −£491k | −£943k | — | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −0.4%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £371k
- Revenue ÷ average employees.
- Profit per employee
- −£1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.7%
- 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
- ▼90%
- Now £246k
- Cash at bank
- ▼24%
- Now £401k
- Headcount
- ▼20%
- Now 78
- Deferred income
- ▼59%
- Now £589k
- Fixed assets
- ▲26%
- Now £407k
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
- Athona Trustee Company Limitedultimate parent50–75%
- Athona Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Athona Clinical Services LimitedFigures not disclosed
- Athona Doctors LimitedFigures not disclosed
- Athona Health LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit −£113k), from the Companies House accounts bulk data published Apr 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.