Payroll Business Solutions Limited
Registered name: PAYROLL BUSINESS SOLUTIONS LIMITED
Part of Bletchley Topco Limited groupPayroll Business Solutions Limited made £1.1m revenue and £181k profit in the year to 31 Dec 2025.
Payroll Business Solutions Limited’s revenue fell 20% to £1.1m in the year to 31 Dec 2025, with £181k profit. The company is classified under “data processing, hosting and related activities” and is based in Reading; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 28 yrs · since 1998
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.6m | £1.3m | £1.1m |
| Cost of sales | −£17.6k | −£25.6k | −£40.7k |
| Gross profit | £1.6m | £1.3m | £1m |
| Profit before tax | £128k | £243k | £90.9k |
| Profit after tax | £106k | £182k | £181k |
| Profit (best available) | £106k | £182k | £181k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 6.7% | 13.9% | 17.2% |
| Gross margin | 98.9% | 98% | 96.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▼17.2% | ▼19.9% |
| Profit growth | — | ▲71.8% | ▼0.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 17.2%
- Profit ÷ revenue.
- Gross margin
- 96.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Bletchley Topco Limitedultimate parent75–100%
- Bletchley Midco Limited75–100%
- Bletchley Bidco Limited75–100%
- Ciphr Holdings Limited75–100%
- Ciphr Group Limited75–100%
- Payroll Business Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Marshall Acm LtdRev. £1.6m · Profit £787k
- Ciphr Benefits Group LimitedRev. £0 · Profit £138k
- Ciphr LimitedFigures not disclosed
- Source Shaper LimitedFigures not disclosed
- Tauro Investments LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £181k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 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.