How much does Principal Insurance Limited make?

Principal Insurance Limited reported revenue of £7m and £812k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Principal Insurance Limited have?

Principal Insurance Limited reported an average of 69 employees in the year to 31 Oct 2025.

Is Principal Insurance Limited profitable?

Yes — Principal Insurance Limited reported a profit of £812k in the year to 31 Oct 2025.

Company No. 07623634 · Incorporated 5 May 2011

Principal Insurance Limited

Registered name: PRINCIPAL INSURANCE LIMITED

Part of Principal Europa Group Limited group

Principal Insurance Limited made £7m revenue and £812k profit in the year to 31 Oct 2025.

Principal Insurance Limited’s revenue grew 4% to £7m in the year to 31 Oct 2025, with £812k profit and 69 employees. The company is classified under “activities of insurance agents and brokers” and is based in Sale; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 66220Activities of insurance agents and brokers

Status: Active
Location: Sale, North West
Age: 15 yrs · since 2011
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. From the filing: “Principal Group Holdings Limited”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£7m

Growth ▲4.4%

Profit

£812k

Growth ▲16.5%

Profit margin

11.7%

Gross 73.9%

Employees

Change ▲4.5%

Profit / employee

£11.8k

Revenue/employee £101k

Profitable streak

2yrs

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	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£6.7m	£7m
Cost of sales	—	—	£1.9m	£1.8m
Gross profit	—	—	£4.8m	£5.1m
Operating profit	—	—	£584k	£685k
Profit before tax	—	—	£582k	£682k
Profit after tax	—	—	£697k	£812k
Profit (best available)	—	—	£697k	£812k
Staff costs	—	—	£2.6m	£2.9m
Employees (average)	63	63	66	69
Ratios
Profit margin	—	—	10.5%	11.7%
Gross margin	—	—	71.7%	73.9%
Revenue per employee	—	—	£101k	£101k
Profit per employee	—	—	£10.6k	£11.8k
Cash conversion	—	—	140.6%	96.8%
Growth (year on year)
Revenue growth	—	—	—	▲4.4%
Profit growth	—	—	—	▲16.5%
Headcount growth	—	0%	▲4.8%	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.4m	£2.2m	£1.9m
Net assets	£1.5m	£2.3m	£3m	£3.8m
Fixed assets	£18.8k	£20.1k	£8.1k	£10.2k
Current assets	—	£4.3m	£5.8m	£6.3m
Debtors	£370k	£720k	£1.1m	£869k
Deferred income	£166k	£136k	£89.3k	£152k
Cash from operations	—	—	£820k	£663k
Source	FilletedAccounts · bulk data May 2024	FilletedAccounts · bulk data May 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 11.7%; Profit ÷ revenue.
Gross margin: 73.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £101k; Revenue ÷ average employees.
Profit per employee: £11.8k; Profit ÷ average employees.
Cash conversion: 96.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.5%; 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: ▲28%; Now £3.8m
Cash at bank: ▼13%; Now £1.9m
Headcount: ▲5%; Now 69
Deferred income: ▲70%; Now £152k
Fixed assets: ▲25%; Now £10.2k

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

Principal Europa Group Limitedultimate parent75–100%
Principal Insurance Limitedthis company

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

Sister companies (1)

Principal Marketing Agency LtdFigures not disclosed

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 31 Oct 2025 (profit £812k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 22 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.