Propeller Pay Limited
Registered name: PROPELLER PAY LIMITED
Part of Talentia Group Limited groupPropeller Pay Limited made £18.6m revenue and £43.2k profit in the year to 31 May 2025.
Propeller Pay Limited’s revenue grew 27% to £18.6m in the year to 31 May 2025, with £43.2k profit and 489 employees. The company is classified under “temporary employment agency activities” and is based in Bristol; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bristol
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 May 2024 | 31 May 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.6m | £18.6m |
| Cost of sales | −£14.2m | −£18.3m |
| Gross profit | £347k | £298k |
| Operating profit | £183k | £90.8k |
| Profit before tax | £167k | £49.6k |
| Profit after tax | £167k | £43.2k |
| Profit (best available) | £167k | £43.2k |
| Employees (average) | 410 | 489 |
| Ratios | ||
| Profit margin | 1.1% | 0.2% |
| Gross margin | 2.4% | 1.6% |
| Revenue per employee | £35.6k | £38k |
| Profit per employee | £407 | £88 |
| Growth (year on year) | ||
| Revenue growth | — | ▲27.4% |
| Profit growth | — | ▼74.1% |
| Headcount growth | — | ▲19.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Mar 2026 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 1.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £38k
- Revenue ÷ average employees.
- Profit per employee
- £88
- 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
- ▲19%
- Now 489
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Talentia Group Limitedultimate parent75–100%
- Propeller Pay Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (10)
- Consultias Talent LimitedFigures not disclosed
- Doom Gloom LtdFigures not disclosed
- Dovetail and Slate LimitedFigures not disclosed
- Formulate Associates LimitedFigures not disclosed
- Hillko LtdFigures not disclosed
- Innotech Partners LimitedFigures not disclosed
- Pivotal Construction Services LimitedFigures not disclosed
- Talentia Community Management LimitedFigures not disclosed
- Talentia Talent Services LimitedFigures not disclosed
- Talentia Technologies LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2025 (profit £43.2k), from the Companies House accounts bulk data published Mar 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.