How much does Handle Payroll Solutions Limited make?

Handle Payroll Solutions Limited reported revenue of £50.1m and £43.4k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Handle Payroll Solutions Limited have?

Handle Payroll Solutions Limited reported an average of 19 employees in the year to 31 Dec 2025.

Is Handle Payroll Solutions Limited profitable?

Yes — Handle Payroll Solutions Limited reported a profit of £43.4k in the year to 31 Dec 2025.

Company No. 08800655 · Incorporated 3 Dec 2013

Handle Payroll Solutions Limited

Registered name: HANDLE PAYROLL SOLUTIONS LIMITED

Handle Payroll Solutions Limited made £50.1m revenue and £43.4k profit in the year to 31 Dec 2025.

Handle Payroll Solutions Limited’s revenue fell 1% to £50.1m in the year to 31 Dec 2025, with £43.4k profit and 19 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 12 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£50.1m

Growth ▼0.9%

Profit

£43.4k

Growth ▼9.2%

Profit margin

0.1%

Gross 3.4%

Employees

Change ▼95.7%

Profit / employee

£2.3k

Revenue/employee £2.6m

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£59.5m	£53.7m	£50.5m	£50.1m
Cost of sales	£57.3m	£51.7m	£48.7m	£48.4m
Gross profit	£2.2m	£2m	£1.9m	£1.7m
Operating profit	£1.1m	£695k	£230k	£246k
Profit before tax	£975k	£505k	£92.4k	£121k
Profit after tax	£771k	£381k	£47.8k	£43.4k
Profit (best available)	£771k	£381k	£47.8k	£43.4k
Staff costs	£57.9m	£52.8m	£49.6m	£49.4m
Employees (average)	506	495	446	19
Ratios
Profit margin	1.3%	0.7%	0.1%	0.1%
Gross margin	3.7%	3.8%	3.7%	3.4%
Revenue per employee	£118k	£109k	£113k	£2.6m
Profit per employee	£1.5k	£769	£107	£2.3k
Cash conversion	−202.9%	61.1%	−66.8%	208.5%
Growth (year on year)
Revenue growth	—	▼9.7%	▼6%	▼0.9%
Profit growth	—	▼50.6%	▼87.5%	▼9.2%
Headcount growth	—	▼2.2%	▼9.9%	▼95.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£51.1k	£24.7k	£182k	£478k
Net assets	£2.3m	£2.7m	£2.4m	£2.5m
Current assets	£11.6m	£9.6m	£9.3m	£9.9m
Debtors	£10.7m	£8.2m	£8.3m	£8.2m
Deferred income	£2.5m	£2.2m	£1.5m	£1.7m
Cash from operations	−£2.2m	£424k	−£154k	£514k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 3.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.6m; Revenue ÷ average employees.
Profit per employee: £2.3k; Profit ÷ average employees.
Cash conversion: 208.5%; 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: 3.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.4%; 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 £2.5m
Cash at bank: ▲163%; Now £478k
Headcount: ▼96%; Now 19
Deferred income: ▲8%; Now £1.7m
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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £43.4k), from the Companies House accounts bulk data published Sep 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.