[Scotland] Activpayroll hits record £57m turnover

In Scotland, the global payroll and tax compliance specialist Activpayroll Ltd has reported record turnover of £57.4 million in the year to March 2025, up from £52.2 million the year prior, Press and Journal reports.

Aberdeen-based Activpayroll has grown from a two-person operation to a global one, and the firm is now one of the city’s fastest-growing businesses.

Pre-tax profits have reportedly nearly doubled to £5.8m, up from £3.3m in 2024. The company now employs around 120 staff at its Aberdeen HQ at Blenheim Gate and manages payroll operations in over 150 countries.

Andrew Philp - Activpayroll’s chief financial officer - said the company had focused on being more profitable last year.

Mr Philp said, “Revenue growth is important, but we also want profitable growth.

“In FY25, we focused on sharpening our operating margins and profitability to build a sustainable, long-term business.

“We’re very much a people-focused business. Technology is the enabler, but it’s our people who deliver the superb service and make sure we’re at the front of global payroll outsourcing.”

He reportedly credits founder Alison Sellar with the firm’s early success and international expansion.

He said, “Alison is nothing short of an entrepreneurial genius. She saw a gap in the market and started delivering this, outsourcing payroll.

“Being the really outgoing charismatic person she was, she won some really good customers and those customers expanded into new markets.

“They loved the service Alison provided in the UK market and basically asked to expand globally as well. That fed the appetite for global payroll.”

The company now serves around 500 clients globally, spanning pharmaceuticals, oil and gas, technology, financial services and professional services.

Looking to the future, Activpayroll will reportedly continue investing in technology and talent, while maintaining its disciplined approach to operations and profitability.

“We’re six months into the next financial year and we’ve reported really strong growth within the revenue again and really healthy profitability,” Mr Philp said.

Source: Press and Journal

(Quotes via original reporting)

In Scotland, the global payroll and tax compliance specialist Activpayroll Ltd has reported record turnover of £57.4 million in the year to March 2025, up from £52.2 million the year prior, Press and Journal reports.

Aberdeen-based Activpayroll has grown from a two-person operation to a global one, and the firm is now one of the city’s fastest-growing businesses.

Pre-tax profits have reportedly nearly doubled to £5.8m, up from £3.3m in 2024. The company now employs around 120 staff at its Aberdeen HQ at Blenheim Gate and manages payroll operations in over 150 countries.

Andrew Philp - Activpayroll’s chief financial officer - said the company had focused on being more profitable last year.

Mr Philp said, “Revenue growth is important, but we also want profitable growth.

“In FY25, we focused on sharpening our operating margins and profitability to build a sustainable, long-term business.

“We’re very much a people-focused business. Technology is the enabler, but it’s our people who deliver the superb service and make sure we’re at the front of global payroll outsourcing.”

He reportedly credits founder Alison Sellar with the firm’s early success and international expansion.

He said, “Alison is nothing short of an entrepreneurial genius. She saw a gap in the market and started delivering this, outsourcing payroll.

“Being the really outgoing charismatic person she was, she won some really good customers and those customers expanded into new markets.

“They loved the service Alison provided in the UK market and basically asked to expand globally as well. That fed the appetite for global payroll.”

The company now serves around 500 clients globally, spanning pharmaceuticals, oil and gas, technology, financial services and professional services.

Looking to the future, Activpayroll will reportedly continue investing in technology and talent, while maintaining its disciplined approach to operations and profitability.

“We’re six months into the next financial year and we’ve reported really strong growth within the revenue again and really healthy profitability,” Mr Philp said.

Source: Press and Journal

(Quotes via original reporting)