Pension Insurance Corporation Group Limited
Registered name: PENSION INSURANCE CORPORATION GROUP LIMITED
Part of Athora UK Holding Limited groupPension Insurance Corporation Group Limited made £2.8bn revenue and £256m profit in the year to 31 Dec 2025.
Pension Insurance Corporation Group Limited’s revenue grew 18% to £2.8bn in the year to 31 Dec 2025, with £256m profit. The company is classified under “other activities auxiliary to insurance and pension funding” 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 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.2bn | £2.4bn | £2.8bn |
| Cost of sales | −£2bn | −£2.2bn | — |
| Profit before tax | £303m | £371m | £334m |
| Profit after tax | £239m | £284m | £256m |
| Profit (best available) | £239m | £284m | £256m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 10.9% | 11.9% | 9.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲8.9% | ▲17.7% |
| Profit growth | — | ▲18.8% | ▼9.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 9.1%
- 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
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Athora UK Holding Limitedultimate parent75–100%
- Pension Insurance Corporation Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Pic Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £256m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.