Inspire Merchant Services Limited
Registered name: INSPIRE MERCHANT SERVICES LIMITED
Part of Vitruvian Partners LLP groupInspire Merchant Services Limited made £3.3m revenue and £1.2m profit in the year to 30 Apr 2024.
Inspire Merchant Services Limited’s revenue grew 35% to £3.3m in the year to 30 Apr 2024, with £1.2m profit and 28 employees. The company is classified under “other service activities” and is based in Sale; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Sale
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.4m | £3.3m |
| Gross profit | £2.4m | £3.3m |
| Operating profit | £498k | £1.2m |
| Profit after tax | £394k | £1.2m |
| Profit (best available) | £394k | £1.2m |
| Employees (average) | 31 | 28 |
| Ratios | ||
| Profit margin | 16.3% | 35.4% |
| Gross margin | 100% | 100% |
| Revenue per employee | £78.1k | £117k |
| Profit per employee | £12.7k | £41.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲35% |
| Profit growth | — | ▲193.9% |
| Headcount growth | — | ▼9.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 35.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £117k
- Revenue ÷ average employees.
- Profit per employee
- £41.3k
- 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
- ▼10%
- Now 28
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Vitruvian Partners LLPultimate parent75–100%
- Etihad Topco Limited75–100%
- Etihad Acquisitions Limited75–100%
- Verastar Holdings Limited75–100%
- Verastar Limited75–100%
- Inspire Group Services Limited75–100%
- Inspire Merchant Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Inspire Payment Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £1.2m), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.