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Company No. 11098037 · Incorporated 5 Dec 2017

People Paye Limited

Registered name: PEOPLE PAYE LIMITED

Part of People Group Operations Limited group

People Paye Limited made £26.2m revenue and £341k profit in the year to 31 Mar 2026.

People Paye Limited’s revenue fell 3% to £26.2m in the year to 31 Mar 2026, with £341k profit and 1,148 employees. The company is classified under “bookkeeping activities” and is based in Warminster; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69202Bookkeeping activities
Status
Active
Location
Warminster, South West
Age
8 yrs · since 2017
Type
Private Limited Company

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.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-light
Revenue
£26.2m
Growth ▼3.1%
Profit
£341k
Growth ▼6.8%
Profit margin
1.3%
Gross 1.3%
Employees
1,148
Change ▼2.8%
Profit / employee
£297
Revenue/employee £22.8k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202531 Mar 2026
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£27.1m£26.2m
Cost of sales£26.7m£25.9m
Gross profit£380k£351k
Operating profit£367k£341k
Profit before tax£367k£341k
Profit after tax£365k£341k
Profit (best available)£365k£341k
Staff costs£24.1m£24.3m
Employees (average)1,1811,148
Ratios
Profit margin1.4%1.3%
Gross margin1.4%1.3%
Revenue per employee£22.9k£22.8k
Profit per employee£309£297
Growth (year on year)
Revenue growth—▼3.1%
Profit growth—▼6.8%
Headcount growth—▼2.8%
Balance sheet — indirect signals, not revenue
Cash at bank£11.9k£8.7k
Net assets£1.4m£763k
Fixed assets£0£130k
Current assets£4m£3.3m
Debtors£1.1m£1.2m
Deferred income£33.1k£16.1k
SourceFullAccounts · bulk data Aug 2026FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
1.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£22.8k
Revenue ÷ average employees.
Profit per employee
£297
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.7%
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
▼44%
Now £763k
Cash at bank
▼27%
Now £8.7k
Headcount
▼3%
Now 1,148
Deferred income
▼51%
Now £16.1k
Fixed assets
—
Now £130k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. People Group Operations Limitedultimate parent75–100%
  2. People Paye Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (9)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £341k), from the Companies House accounts bulk data published Aug 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.