Mainpay Limited
Registered name: MAINPAY LIMITED
Mainpay Limited made £39.2m revenue and £247k profit in the year to 31 Oct 2024. read from filing text
Mainpay Limited’s revenue fell 2% to £39.2m in the year to 31 Oct 2024, with £247k profit and 0 employees. The company is classified under “management consultancy activities other than financial management” and is based in Egham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Egham, London
- Age
- 19 yrs · since 2006
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|---|
| 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) | £26.2m | £33.7m | £39.9m | £39.2m |
| Operating profit | — | — | — | £271k |
| Profit before tax | £101k | £57.2k | −£28.8k | £247k |
| Profit after tax | £101k | £57.2k | −£28.8k | £247k |
| Profit (best available) | £101k | £57.2k | −£28.8k | £247k |
| Staff costs | — | — | £39m | £38.2m |
| Employees (average) | 1,659 | 1,981 | 2,538 | 0 |
| Ratios | ||||
| Profit margin | 0.4% | 0.2% | −0.1% | 0.6% |
| Revenue per employee | £15.8k | £17k | £15.7k | — |
| Profit per employee | £61 | £29 | −£11 | — |
| Cash conversion | — | — | — | −72.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲28.4% | ▲18.6% | ▼1.9% |
| Profit growth | — | ▼43.5% | ▼150.4% | — |
| Headcount growth | — | ▲19.4% | ▲28.1% | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.7m | £1.4m | £1.3m | £1.5m |
| Net assets | −£357k | −£300k | −£329k | −£81.6k |
| Current assets | £2.5m | £2.1m | £1.8m | £2.2m |
| Debtors | £793k | £629k | £505k | £740k |
| Deferred income | £870k | £702k | £331k | £368k |
| Cash from operations | — | £286k | £118k | −£197k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −72.6%
- 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
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.9%
- 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 −£81.6k
- Cash at bank
- ▲13%
- Now £1.5m
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▲11%
- Now £368k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £247k), from the Companies House accounts bulk data published Oct 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.