How much does Practice Evolve UK Ltd make?

Practice Evolve UK Ltd reported revenue of £4.2m and a loss of £466k in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Practice Evolve UK Ltd have?

Practice Evolve UK Ltd reported an average of 49 employees in the year to 30 Jun 2025.

Is Practice Evolve UK Ltd profitable?

No — Practice Evolve UK Ltd reported a loss of £466k in the year to 30 Jun 2025.

Company No. 11917016 · Incorporated 30 Mar 2019

Practice Evolve UK Ltd

Registered name: PRACTICE EVOLVE UK LTD

Part of Ati (Uk) Pty Ltd group

Practice Evolve UK Ltd made £4.2m revenue and a £466k loss in the year to 30 Jun 2025.

Practice Evolve UK Ltd’s revenue grew 48% to £4.2m in the year to 30 Jun 2025, with a loss of £466k and 49 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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 30 Jun 2025

Key figures

Capital-lightDoing more with lessCash flow filed

Revenue

£4.2m

Growth ▲47.6%

Profit

−£466k

Growth ▼103.3%

Profit margin

−11.1%

Gross 99.2%

Employees

Change ▼15.5%

Profit / employee

−£9.5k

Revenue/employee £86k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£874k	£1.6m	£2.9m	£4.2m
Cost of sales	£231	£440	£16.8k	£35.1k
Gross profit	£873k	£1.6m	£2.8m	£4.2m
Operating profit	—	−£1.4m	−£1.9m	£88.9k
Profit before tax	−£25.1k	−£1.4m	£14m	−£466k
Profit after tax	−£25.1k	−£1.4m	£14m	−£466k
Profit (best available)	−£25.1k	−£1.4m	£14m	−£466k
Staff costs	£722k	£2.1m	£3.8m	£3.3m
Employees (average)	15	35	58	49
Ratios
Profit margin	−2.9%	−89.3%	492.3%	−11.1%
Gross margin	100%	100%	99.4%	99.2%
Revenue per employee	£58.2k	£45.9k	£49.2k	£86k
Profit per employee	−£1.7k	−£41k	£242k	−£9.5k
Cash conversion	—	—	—	−7503%
Growth (year on year)
Revenue growth	—	▲83.7%	▲77.8%	▲47.6%
Profit growth	—	—	—	▼103.3%
Headcount growth	—	▲133.3%	▲65.7%	▼15.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£80.9k	£9.6m	£5.6m	£1.4m
Net assets	−£129k	−£1.6m	£12.5m	£892k
Fixed assets	£19.7m	£19.8m	£47.3k	£40.6k
Current assets	£707k	£15.5m	£13.7m	£2.1m
Debtors	£266k	£264k	£514k	£586k
Deferred income	£484k	£1m	£986k	£727k
Cash from operations	£94.8k	−£9.6m	£4.2m	−£6.7m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −11.1%; Profit ÷ revenue.
Gross margin: 99.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £86k; Revenue ÷ average employees.
Profit per employee: −£9.5k; Profit ÷ average employees.
Cash conversion: −7503%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 17.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.9%; 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: ▼93%; Now £892k
Cash at bank: ▼76%; Now £1.4m
Headcount: ▼16%; Now 49
Deferred income: ▼26%; Now £727k
Fixed assets: ▼14%; Now £40.6k

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

Ati (Uk) Pty Ltd (registered outside the UK register)ultimate parent75–100%
Practice Evolve UK Ltdthis company

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

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 30 Jun 2025 (profit −£466k), from the Companies House accounts bulk data published Dec 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.