Pihl Holdings Limited
Registered name: PIHL HOLDINGS LIMITED
Part of Ludgate Limited groupPihl Holdings Limited made £74.2m revenue and a £2.5m loss in the year to 31 Dec 2024.
Pihl Holdings Limited’s revenue grew 8% to £74.2m in the year to 31 Dec 2024, with a loss of £2.5m and 706 employees. The company is classified under “activities of financial services holding companies” and is based in Carrickfergus; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Carrickfergus
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £60.4m | £68.6m | £74.2m |
| Operating profit | £607k | £3.9m | £1.8m |
| Profit before tax | −£1m | £1.6m | −£1.4m |
| Profit after tax | −£1.5m | £234k | −£2.5m |
| Profit (best available) | −£1.5m | £234k | −£2.5m |
| Employees (average) | 631 | 650 | 706 |
| Ratios | |||
| Profit margin | −2.5% | 0.3% | −3.3% |
| Revenue per employee | £95.7k | £106k | £105k |
| Profit per employee | −£2.4k | £360 | −£3.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲13.6% | ▲8.2% |
| Profit growth | — | — | ▼1159% |
| Headcount growth | — | ▲3% | ▲8.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −3.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £105k
- Revenue ÷ average employees.
- Profit per employee
- −£3.5k
- 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
- ▲9%
- Now 706
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ludgate Limitedultimate parent75–100%
- Ukbrokers Holdings Limited75–100%
- Pihl Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Pihl Acquisition LimitedFigures not disclosed
Sister companies (2)
- Ludgate Newco 1 LimitedRev. £8.5m · Profit −£2.7m
- Momentum Equity Partners LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£2.5m), from the Companies House accounts bulk data published Sep 2025. 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.