Aviva Syndicates Services Limited
Registered name: AVIVA SYNDICATES SERVICES LIMITED
Part of Aviva PLC groupAviva Syndicates Services Limited made £36.1m revenue and a £9.1m loss in the year to 31 Dec 2024.
Aviva Syndicates Services Limited’s revenue grew 39% to £36.1m in the year to 31 Dec 2024, with a loss of £9.1m and 118 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £18.1m | £26m | £36.1m |
| Operating profit | −£1.2m | −£1.3m | −£12.1m |
| Profit before tax | −£1.2m | −£1.3m | −£12.1m |
| Profit after tax | −£1.2m | −£1.3m | −£9.1m |
| Profit (best available) | −£1.2m | −£1.3m | −£9.1m |
| Employees (average) | 77 | 100 | 118 |
| Ratios | |||
| Profit margin | −6.8% | −5% | −25.1% |
| Revenue per employee | £235k | £260k | £306k |
| Profit per employee | −£16.1k | −£13k | −£76.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲43.2% | ▲39% |
| Headcount growth | — | ▲29.9% | ▲18% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −25.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £306k
- Revenue ÷ average employees.
- Profit per employee
- −£76.7k
- 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
- ▲18%
- Now 118
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Aviva PLCultimate parent75–100%
- Aviva Group Holdings Limited75–100%
- Aviva Insurance Limited75–100%
- Aviva Syndicates Holdings (UK) Limited75–100%
- Aviva Syndicates Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Aviva Corporate Capital LimitedFigures not disclosed
- Aviva Managing Agency LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£9.1m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 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.