Core Financial Services Ltd
Registered name: CORE FINANCIAL SERVICES LTD
Core Financial Services Ltd made £802k revenue and £443k profit in the year to 31 Oct 2024. read from filing text
Core Financial Services Ltd’s revenue fell 21% to £802k in the year to 31 Oct 2024, with £443k profit and 0 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Bromsgrove; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bromsgrove, West Midlands
- Age
- 21 yrs · since 2005
- 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. From the filing: “The Company's immediate parent undertaking is AFH Group Ltd, which is incorporated in England and Wales.”
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 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £1m | £802k |
| Cost of sales | £160k | £42.7k |
| Gross profit | £853k | £760k |
| Operating profit | £650k | £441k |
| Profit before tax | £650k | £443k |
| Profit (best available) | £650k | £443k |
| Employees (average) | 90,961 | 0 |
| Ratios | ||
| Profit margin | 64.2% | 55.3% |
| Gross margin | 84.2% | 94.7% |
| Revenue per employee | £11 | — |
| Profit per employee | £7 | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼20.8% |
| Profit growth | — | ▼31.8% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £166k | £213k |
| Net assets | £2m | £2.4m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 55.3%
- Profit ÷ revenue.
- Gross margin
- 94.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- ▲23%
- Now £2.4m
- Cash at bank
- ▲28%
- Now £213k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £443k), from the Companies House accounts bulk data published Jul 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.