Azure Global Payroll Ltd
Registered name: AZURE GLOBAL PAYROLL LTD
Azure Global Payroll Ltd made £26.8m revenue and £116k profit in the year to 5 Apr 2025.
Azure Global Payroll Ltd’s revenue was £26.8m in the year to 5 Apr 2025, with £116k profit and 432 employees. The company is classified under “temporary employment agency activities” and is based in Glasgow; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 3 yrs · since 2023
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 5 Apr 2024 | 5 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £27.9m | £26.8m |
| Cost of sales | £27.2m | £25.9m |
| Gross profit | £664k | £867k |
| Operating profit | £212k | £263k |
| Profit before tax | £69k | £163k |
| Profit after tax | £55.7k | £116k |
| Profit (best available) | £55.7k | £116k |
| Staff costs | £194k | £222k |
| Employees (average) | 292 | 432 |
| Ratios | ||
| Profit margin | 0.2% | 0.4% |
| Gross margin | 2.4% | 3.2% |
| Revenue per employee | £95.4k | £62.1k |
| Profit per employee | £191 | £267 |
| Cash conversion | −394% | −60.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.5m | £1.2m |
| Net assets | £52.7k | £134k |
| Fixed assets | £943 | £1.8k |
| Current assets | £2.6m | £2.1m |
| Debtors | £1.1m | £914k |
| Cash from operations | −£835k | −£160k |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 3.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £62.1k
- Revenue ÷ average employees.
- Profit per employee
- £267
- Profit ÷ average employees.
- Cash conversion
- −60.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.4%
- 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 £134k
- Cash at bank
- —
- Now £1.2m
- Headcount
- —
- Now 432
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £1.8k
Sources
Latest figures from FullAccounts for the year to 5 Apr 2025 (profit £116k), from the Companies House accounts bulk data published Oct 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.