First Intuition Limited
Registered name: FIRST INTUITION LIMITED
Part of Apiary Capital LLP groupFirst Intuition Limited made £26m revenue and £7.2m profit in the year to 31 Dec 2025.
First Intuition Limited’s revenue grew 9% to £26m in the year to 31 Dec 2025, with £7.2m profit and 227 employees. The company is classified under “other education” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £19m | £23.8m | £26m |
| Cost of sales | −£4m | −£5.1m | −£4.9m |
| Gross profit | £15m | £18.7m | £21.1m |
| Operating profit | £3.2m | £2.6m | £3.8m |
| Profit before tax | £3.2m | £2.6m | £7.3m |
| Profit after tax | £7.5m | £4.3m | £7.2m |
| Profit (best available) | £7.5m | £4.3m | £7.2m |
| Employees (average) | 156 | 199 | 227 |
| Ratios | |||
| Profit margin | 39.7% | 18% | 27.8% |
| Gross margin | 78.8% | 78.6% | 81% |
| Revenue per employee | £122k | £120k | £114k |
| Profit per employee | £48.4k | £21.6k | £31.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲25.4% | ▲9.1% |
| Profit growth | — | ▼43.1% | ▲68% |
| Headcount growth | — | ▲27.6% | ▲14.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 27.8%
- Profit ÷ revenue.
- Gross margin
- 81%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- £31.8k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲14%
- Now 227
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Apiary Capital LLPultimate parent75–100%
- Apiary Managing Member Ltd75–100%
- Apiary Capital Partners I Investment GP LLP50–75%
- Project Primis Topco Limited75–100%
- Project Primis Midco Limited75–100%
- Fi Group Holdings Limited75–100%
- First Intuition Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (8)
- First Intuition South LimitedRev. £13.1m · Profit £2.1m
- First Intuition East and North LimitedRev. £7m · Profit £575k
- First Intuition Learning Solutions LimitedRev. £340k · Profit −£50.6k
- First Intuition Chelmsford LimitedFigures not disclosed
- First Intuition Leeds LimitedFigures not disclosed
- First Intuition Maidstone LimitedFigures not disclosed
- Icount Training LimitedFigures not disclosed
- Temple Gate Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £7.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.