Avi-SPL Limited
Registered name: AVI-SPL LIMITED
Avi-SPL Limited made £37.9m revenue and £2.5m profit in the year to 31 Dec 2025.
Avi-SPL Limited’s revenue grew 13% to £37.9m in the year to 31 Dec 2025, with £2.5m profit and 252 employees. The company is classified under “other telecommunications activities” and is based in Farnborough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Farnborough, South East
- Age
- 13 yrs · since 2012
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £30.2m | £35.4m | £33.6m | £37.9m |
| Cost of sales | £23.1m | £26.3m | £23.5m | £26.3m |
| Gross profit | £7.1m | £9.1m | £10.1m | £11.6m |
| Operating profit | −£754k | −£482k | £1.8m | £2.5m |
| Profit before tax | −£754k | −£396k | £1.9m | £2.5m |
| Profit after tax | −£1.1m | −£259k | £1.9m | £2.5m |
| Profit (best available) | −£1.1m | −£259k | £1.9m | £2.5m |
| Staff costs | £14.5m | £16.2m | £14.4m | £15.1m |
| Employees (average) | 245 | 240 | 248 | 252 |
| Ratios | ||||
| Profit margin | −3.5% | −0.7% | 5.7% | 6.7% |
| Gross margin | 23.4% | 25.8% | 30% | 30.7% |
| Revenue per employee | £123k | £148k | £135k | £150k |
| Profit per employee | −£4.4k | −£1.1k | £7.8k | £10k |
| Cash conversion | — | — | 280.8% | 66.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.4% | ▼5.3% | ▲13% |
| Profit growth | — | — | — | ▲31.3% |
| Headcount growth | — | ▼2% | ▲3.3% | ▲1.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £3.4m | £3.8m | £1.9m |
| Net assets | −£246k | −£505k | £7m | £9.5m |
| Fixed assets | £814k | £548k | £285k | £286k |
| Current assets | £17m | £21m | £17.1m | £21.6m |
| Debtors | £4.9m | £5.5m | £4.3m | £6m |
| Deferred income | £7.4m | £8.7m | £7m | £9.4m |
| Cash from operations | −£126k | −£1.9m | £5.1m | £1.7m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 30.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £150k
- Revenue ÷ average employees.
- Profit per employee
- £10k
- Profit ÷ average employees.
- Cash conversion
- 66.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 24.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.8%
- 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
- ▲36%
- Now £9.5m
- Cash at bank
- ▼49%
- Now £1.9m
- Headcount
- ▲2%
- Now 252
- Deferred income
- ▲33%
- Now £9.4m
- Fixed assets
- ▲0%
- Now £286k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.5m), from the Companies House accounts bulk data published Jun 2026. 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.