Payplan (Iva) Limited
Registered name: PAYPLAN (IVA) LIMITED
Part of Ravenco GP LLP groupPayplan (Iva) Limited made £8.7m revenue and a £5.7m loss in the year to 31 Dec 2025.
Payplan (Iva) Limited’s revenue fell 17% to £8.7m in the year to 31 Dec 2025, with a loss of £5.7m and 154 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Grantham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Grantham, East Midlands
- Age
- 17 yrs · since 2009
- 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: “Payplan Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10.5m | £8.7m |
| Cost of sales | £0 | £299 |
| Gross profit | £10.5m | £8.7m |
| Profit before tax | −£50.9k | −£5.7m |
| Profit after tax | −£50.9k | −£5.7m |
| Profit (best available) | −£50.9k | −£5.7m |
| Employees (average) | 129 | 154 |
| Ratios | ||
| Profit margin | −0.5% | −65% |
| Gross margin | 100% | 100% |
| Revenue per employee | £81.6k | £56.8k |
| Profit per employee | −£395 | −£36.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▼17% |
| Headcount growth | — | ▲19.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £3.6k | £1.8k |
| Net assets | £114k | −£5.6m |
| Current assets | £129k | £74.3k |
| Debtors | £0 | £50.7k |
| Source | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −65%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £56.8k
- Revenue ÷ average employees.
- Profit per employee
- −£36.9k
- 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
- 0.6%
- 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
- ▼4982%
- Now −£5.6m
- Cash at bank
- ▼50%
- Now £1.8k
- Headcount
- ▲19%
- Now 154
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ravenco GP LLPultimate parent50–75%
- Ravenco 1 Limited75–100%
- Ravenco 2 Limited75–100%
- Ravenco 3 Limited75–100%
- Ravenco 4 Limited75–100%
- Payplan Group Limited75–100%
- Payplan Limited75–100%
- Payplan (Iva) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Totemic LimitedRev. £26.3m · Profit £4.5m
- Payplan Partnership LimitedRev. £15.1m · Profit £3.4m
- Payplan Bespoke Solutions LimitedRev. £5m · Profit £1.1m
- Payplan (Scotland) LimitedRev. £590k · Profit £8.4k
- Payplan Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£5.7m), from the Companies House accounts bulk data published Jun 2026. 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.