Pensionhelp Limited
Registered name: PENSIONHELP LIMITED
Pensionhelp Limited made £3.6m revenue and £319k profit in the year to 31 Mar 2024. read from filing text
Pensionhelp Limited’s revenue fell 64% to £3.6m in the year to 31 Mar 2024, with £319k profit and 48 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 11 yrs · since 2015
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £16.9m | £10m | £3.6m |
| Cost of sales | £4.2m | £2.5m | £964k |
| Gross profit | £12.8m | £7.4m | £2.6m |
| Operating profit | £6.3m | £783k | −£1.7m |
| Profit before tax | £2.4m | £1.3m | £452k |
| Profit after tax | £2m | £1.1m | £319k |
| Profit (best available) | £2m | £1.1m | £319k |
| Employees (average) | 102 | 104 | 48 |
| Ratios | |||
| Profit margin | 11.5% | 10.9% | 9% |
| Gross margin | 75.4% | 74.7% | 72.9% |
| Revenue per employee | £166k | £95.8k | £74.2k |
| Profit per employee | £19.1k | £10.4k | £6.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼41.2% | ▼64.3% |
| Profit growth | — | ▼44.5% | ▼70.6% |
| Headcount growth | — | ▲2% | ▼53.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.4m | £5.2m | £1.5m |
| Net assets | £6.1m | £6.7m | £4.7m |
| Fixed assets | £3.3m | £3.1m | £2.9m |
| Current assets | £8.9m | £6.6m | £2.8m |
| Debtors | £2.4m | £901k | £631k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 9%
- Profit ÷ revenue.
- Gross margin
- 72.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £74.2k
- Revenue ÷ average employees.
- Profit per employee
- £6.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 81.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.7%
- 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
- ▼30%
- Now £4.7m
- Cash at bank
- ▼70%
- Now £1.5m
- Headcount
- ▼54%
- Now 48
- Deferred income
- —
- Now —
- Fixed assets
- ▼7%
- Now £2.9m
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £319k), from the Companies House accounts bulk data published Oct 2024. 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.