Avicenna Ltd
Registered name: AVICENNA LTD
Part of Freshstream Investment Partners LLP groupAvicenna Ltd made £140m revenue and £2.9m profit in the year to 31 Jul 2025.
Avicenna Ltd’s revenue fell 21% to £140m in the year to 31 Jul 2025, with £2.9m profit and 1,073 employees. The company is classified under “activities of distribution holding companies” and is based in South Croydon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- South Croydon, London
- Age
- 9 yrs · since 2017
- 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.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £178m | £177m | £140m |
| Cost of sales | −£129m | −£125m | −£103m |
| Gross profit | £48.6m | £51.8m | £37.5m |
| Operating profit | −£6.1m | £1.2m | £6.2m |
| Profit before tax | −£12.4m | −£11.4m | £5.2m |
| Profit after tax | −£11m | −£11.7m | £2.9m |
| Profit (best available) | −£11m | −£11.7m | £2.9m |
| Employees (average) | 1,370 | 1,339 | 1,073 |
| Ratios | |||
| Profit margin | −6.2% | −6.6% | 2.1% |
| Gross margin | 27.3% | 29.2% | 26.8% |
| Revenue per employee | £130k | £132k | £131k |
| Profit per employee | −£8k | −£8.7k | £2.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.4% | ▼20.9% |
| Headcount growth | — | ▼2.3% | ▼19.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.1%
- Profit ÷ revenue.
- Gross margin
- 26.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £131k
- Revenue ÷ average employees.
- Profit per employee
- £2.7k
- 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
- ▼20%
- Now 1,073
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Freshstream Investment Partners LLPultimate parent75–100%
- Avicenna Topco Ltd75–100%
- Avicenna Holdco Ltd75–100%
- Avicenna Midco Ltd75–100%
- Avicenna Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Amg Healthcare LimitedFigures not disclosed
- Avicenna Retail LtdFigures not disclosed
- DT Newco 1 LimitedFigures not disclosed
- Selsdon Healthcare LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jul 2025 (profit £2.9m), 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.