How much does People Asset Management Ltd make?

People Asset Management Ltd reported revenue of £33.7m and £312k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does People Asset Management Ltd have?

People Asset Management Ltd reported an average of 529 employees in the year to 31 Dec 2024.

Is People Asset Management Ltd profitable?

Yes — People Asset Management Ltd reported a profit of £312k in the year to 31 Dec 2024.

Company No. 05199107 · Incorporated 6 Aug 2004

People Asset Management Ltd

Registered name: PEOPLE ASSET MANAGEMENT LTD

Part of Optima Health PLC group

People Asset Management Ltd made £33.7m revenue and £312k profit in the year to 31 Dec 2024.

People Asset Management Ltd’s revenue grew 12% to £33.7m in the year to 31 Dec 2024, with £312k profit and 529 employees. The company is classified under “other human health activities” and is based in Warrington; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Warrington, North West
Age: 22 yrs · since 2004
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£33.7m

Growth ▲11.9%

Profit

£312k

Growth ▼86.6%

Profit margin

0.9%

Gross 42%

Employees

529

Change ▲10.7%

Profit / employee

£590

Revenue/employee £63.6k

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)	£26.4m	£30.1m	£33.7m
Cost of sales	£15.1m	£17m	£19.5m
Gross profit	£11.4m	£13.1m	£14.1m
Operating profit	£1.5m	£2.6m	£627k
Profit before tax	£1.5m	£2.4m	£363k
Profit after tax	£2m	£2.3m	£312k
Profit (best available)	£2m	£2.3m	£312k
Staff costs	£16m	£17.2m	£20.8m
Employees (average)	445	478	529
Ratios
Profit margin	7.5%	7.8%	0.9%
Gross margin	43.1%	43.5%	42%
Revenue per employee	£59.4k	£62.9k	£63.6k
Profit per employee	£4.4k	£4.9k	£590
Growth (year on year)
Revenue growth	—	▲13.7%	▲11.9%
Profit growth	—	▲18%	▼86.6%
Headcount growth	—	▲7.4%	▲10.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£367k	£114k	£5.4k
Net assets	£10.5m	£12.9m	£13.2m
Fixed assets	£2m	£2.6m	£2.4m
Current assets	£21.5m	£27.2m	£30.3m
Debtors	£4.3m	£5.9m	£5m
Deferred income	£1.1m	£663k	£982k
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: 0.9%; Profit ÷ revenue.
Gross margin: 42%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £63.6k; Revenue ÷ average employees.
Profit per employee: £590; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.9%; 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: ▲2%; Now £13.2m
Cash at bank: ▼95%; Now £5.4k
Headcount: ▲11%; Now 529
Deferred income: ▲48%; Now £982k
Fixed assets: ▼9%; Now £2.4m

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

Corporate ownership

Group structure

Ownership chain

Optima Health PLCultimate parent75–100%
Pam Healthcare Limited75–100%
Pam Occupational Health Solutions Limited75–100%
People Asset Management Ltdthis company

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

Subsidiaries (1)

Medprotect LimitedFigures not disclosed

Sister companies (2)

People Asset Management Group LimitedRev. £178k · Profit £79.9k
Pam Wellness LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 £312k), from the Companies House accounts bulk data published Sep 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.