How much does BT Pension Scheme Management Limited make?

BT Pension Scheme Management Limited reported revenue of £76.6m and £3.6m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does BT Pension Scheme Management Limited have?

BT Pension Scheme Management Limited reported an average of 413 employees in the year to 30 Jun 2025.

Is BT Pension Scheme Management Limited profitable?

Yes — BT Pension Scheme Management Limited reported a profit of £3.6m in the year to 30 Jun 2025.

Company No. 05154287 · Incorporated 15 Jun 2004

BT Pension Scheme Management Limited

Registered name: BT PENSION SCHEME MANAGEMENT LIMITED

Part of Britel Fund Trustees Limited group

BT Pension Scheme Management Limited made £76.6m revenue and £3.6m profit in the year to 30 Jun 2025.

BT Pension Scheme Management Limited’s revenue grew 4% to £76.6m in the year to 30 Jun 2025, with £3.6m profit and 413 employees. The company is classified under “pension funding” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 65300Pension funding

Status: Active
Location: London, London
Age: 22 yrs · since 2004
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.

Latest accounts · year to 30 Jun 2025

Key figures

Revenue

£76.6m

Growth ▲3.7%

Profit

£3.6m

Growth ▼57.8%

Profit margin

4.7%

Employees

413

Change ▲15.4%

Profit / employee

£8.7k

Revenue/employee £185k

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	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£60.6m	£73.8m	£76.6m
Operating profit	£808k	£9.6m	£3.4m
Profit before tax	£1.7m	£11.5m	£5.3m
Profit after tax	£701k	£8.5m	£3.6m
Profit (best available)	£701k	£8.5m	£3.6m
Employees (average)	327	358	413
Ratios
Profit margin	1.2%	11.5%	4.7%
Revenue per employee	£185k	£206k	£185k
Profit per employee	£2.1k	£23.8k	£8.7k
Growth (year on year)
Revenue growth	—	▲21.7%	▲3.7%
Profit growth	—	▲1116%	▼57.8%
Headcount growth	—	▲9.5%	▲15.4%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2024	Accounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 4.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £185k; Revenue ÷ average employees.
Profit per employee: £8.7k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▲15%; Now 413
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Britel Fund Trustees Limitedultimate parent75–100%
Britel Fund Nominees Limited75–100%
Britel Fund Trustees Limited75–100%
BT Pension Scheme Management Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Jun 2025 (profit £3.6m), from the Companies House accounts bulk data published Nov 2025. 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.