First Intuition South Limited
Registered name: FIRST INTUITION SOUTH LIMITED
Part of Apiary Capital LLP groupFirst Intuition South Limited made £13.1m revenue and £2.1m profit in the year to 31 Dec 2025.
First Intuition South Limited’s revenue grew 122% to £13.1m in the year to 31 Dec 2025, with £2.1m profit and 96 employees. The company is classified under “other education” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 15 yrs · since 2010
- 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 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.9m | £13.1m |
| Cost of sales | −£1.4m | −£2.4m |
| Gross profit | £4.5m | £10.7m |
| Operating profit | £1.3m | £875k |
| Profit before tax | £1.3m | £2.8m |
| Profit after tax | £1.3m | £2.1m |
| Profit (best available) | £1.3m | £2.1m |
| Employees (average) | 50 | 96 |
| Ratios | ||
| Profit margin | 21.7% | 15.7% |
| Gross margin | 75.5% | 81.5% |
| Revenue per employee | £118k | £137k |
| Profit per employee | £25.7k | £21.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲121.9% |
| Profit growth | — | ▲59.8% |
| Headcount growth | — | ▲92% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Aug 2026 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 15.7%
- Profit ÷ revenue.
- Gross margin
- 81.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £137k
- Revenue ÷ average employees.
- Profit per employee
- £21.4k
- 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
- ▲92%
- Now 96
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Apiary Capital LLPultimate parent75–100%
- Apiary Managing Member Ltd75–100%
- Apiary Capital Partners I Investment GP LLP50–75%
- Project Primis Topco Limited75–100%
- Project Primis Midco Limited75–100%
- Fi Group Holdings Limited75–100%
- First Intuition Limited75–100%
- First Intuition South Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- First Intuition Bristol LimitedFigures not disclosed
Sister companies (7)
- First Intuition East and North LimitedRev. £7m · Profit £575k
- First Intuition Learning Solutions LimitedRev. £340k · Profit −£50.6k
- First Intuition Chelmsford LimitedFigures not disclosed
- First Intuition Leeds LimitedFigures not disclosed
- First Intuition Maidstone LimitedFigures not disclosed
- Icount Training LimitedFigures not disclosed
- Temple Gate Holdings LimitedFigures 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 £2.1m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 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.