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Company No. 10622530 · Incorporated 16 Feb 2017

Profit Accounting Services Ltd

Registered name: PROFIT ACCOUNTING SERVICES LTD

Profit Accounting Services Ltd made £40.3k revenue and £9.3k profit in the year to 28 Feb 2025.

Profit Accounting Services Ltd’s revenue grew 6% to £40.3k in the year to 28 Feb 2025, with £9.3k profit and 1 employee. The company is classified under “bookkeeping activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69202Bookkeeping activities
Status
Active
Location
London, London
Age
9 yrs · since 2017
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamOperating leverageDoing more with less
Revenue
£40.3k
Growth ▲5.8%
Profit
£9.3k
Growth ▲9.3%
Profit margin
23.1%
Gross 100%
Employees
1
Change ▼50%
Profit / employee
£9.3k
Revenue/employee £40.3k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202329 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£34.6k£38.1k£40.3k
Gross profit£34.6k£38.1k£40.3k
Operating profit£5.6k£10.5k£11.5k
Profit before tax£5.6k£10.5k£11.5k
Profit after tax£4.5k£8.5k£9.3k
Profit (best available)£4.5k£8.5k£9.3k
Employees (average)221
Ratios
Profit margin13.1%22.3%23.1%
Gross margin100%100%100%
Revenue per employee£17.3k£19.1k£40.3k
Profit per employee£2.3k£4.3k£9.3k
Growth (year on year)
Revenue growth—▲10.1%▲5.8%
Profit growth—▲87.8%▲9.3%
Headcount growth—0%▼50%
Balance sheet — indirect signals, not revenue
Cash at bank£10.1k£18.2k£19k
Net assets£22.1k£23.1k£23.7k
Current assets£23k£25k£25.8k
Debtors£12.9k£6.7k£6.7k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
23.1%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£40.3k
Revenue ÷ average employees.
Profit per employee
£9.3k
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
16.7%
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
▲3%
Now £23.7k
Cash at bank
▲4%
Now £19k
Headcount
▼50%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £9.3k), from the Companies House accounts bulk data published Nov 2025. 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.