Pension Services Corporation Limited
Registered name: PENSION SERVICES CORPORATION LIMITED
Part of Athora UK Holding Limited groupPension Services Corporation Limited made £305m revenue and a £2.9m loss in the year to 31 Dec 2025.
Pension Services Corporation Limited’s revenue grew 11% to £305m in the year to 31 Dec 2025, with a loss of £2.9m. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
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) | £251m | £274m | £305m |
| Operating profit | £131k | £151k | — |
| Profit before tax | £131k | £151k | £126k |
| Profit after tax | −£643k | −£2.2m | −£2.9m |
| Profit (best available) | −£643k | −£2.2m | −£2.9m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −0.3% | −0.8% | −1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲9.4% | ▲11.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −1%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- Athora UK Holding Limitedultimate parent75–100%
- Pension Insurance Corporation Group Limited75–100%
- Pic Holdings Limited75–100%
- Pension Services Corporation Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Pension Insurance Corporation PLCRev. £2.8bn · Profit £259m
- Pic Arbour GP LimitedFigures not disclosed
- Pic New Victoria GP LimitedFigures not disclosed
- Pic One Eastside GP LimitedFigures not disclosed
- Pic Properties GP LimitedFigures not disclosed
- Pic Real Estate GP LimitedFigures not disclosed
- Pic Wiltern GP LimitedFigures not disclosed
- Verda Living RP LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£2.9m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.