FACULTY SCIENCE LIMITED

Active
Company number 08873131Private limited companyIncorporated 2014

Key figures

£17,984,000-17.2%
Net assets 2024/25
-16.6%
Average annual change 2022/23–2024/25
010 m20 m30 m2022/232023/242024/25

Ratios

2024/25

Sector comparison

SIC 62012

Where the company stands among the 94,838 active companies whose first SIC code is 62012 (Business and domestic software development).

Turnover£41,727,000
Higher than 94% · median £236,000 among 1,786 that publish turnover
Net assets£17,984,000
Higher than 99% · median £5,654
Total assets£30,370,000
Higher than 99% · median £30,253
Cash£11,954,000
Higher than 99% · median £31,882
Employees372
Higher than 99% · median 1
Company age12.8 years
Older than 86% · median 2.2 years
Largest in this sector by net assets
  1. SYSTEMSLINK 2000 LTD.£2.2bn
  2. ITC INFOTECH LIMITED£1.1bn
  3. ORACLE CORPORATION UK LIMITED£782.7m
  4. SLICED BREAD LIMITED£706.1m
  5. SOPHOS LIMITED£682m
  6. ION CAPITAL UK LIMITED£524.3m
  7. INNOVA SOURCE LTD£500m
  8. TRAILFINDERS LIMITED£462m
  9. ATG HOLDINGS LIMITED£395.7m
  10. JELLYFISH DIGITAL GROUP LIMITED£314.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 94,838. The line on each bar marks the median.

Summary: FACULTY SCIENCE LIMITED

What kind of company is it?

FACULTY SCIENCE LIMITED is a private limited company registered with Companies House under company number 08873131. It was incorporated on 3 Feb 2014. Its status is active. The registered office is in London (EC1V). Its nature of business (SIC 2007) is business and domestic software development (62012), information technology consultancy activities (62020), data processing, hosting and related activities (63110), technical and vocational secondary education (85320).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £41,727,000. Loss for the year was £3,840,000. Net assets were £17,984,000, down 17.2% on the previous year. Cash at bank and in hand was £11,954,000. Total assets were £30,370,000 and total liabilities £12,386,000. The company had an average of 372 employees. Figures are available for 3 financial years (2022/23–2024/25).

How does it compare with similar companies?

Compared with 94,838 active companies whose first SIC code is 62012: By turnover it ranks higher than 94% of the 1,786 that publish turnover (median £236,000). By net assets it ranks higher than 99% of them (median £5,654). By total assets it ranks higher than 99% of them (median £30,253). By cash it ranks higher than 99% of them (median £31,882). By number of employees it ranks higher than 99% of them (median 1). It is older than 86% of them (median age 2.2 years).

Does it supply the public sector?

The company is named as a supplier in 57 public contract award notices from 39 public sector buyers since 2018. Contracts awarded to it alone have a combined published value of £52.3m. Its most frequent buyer is Department for Education (5 contracts). 8 of the awards are shared with other suppliers, typically framework agreements. It is recorded as the recipient of 2 central government grants worth £153k, mainly from Department for Business, Energy and Industrial Strategy.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly plastics, iron and steel articles, machinery. HMRC lists it as an exporter of goods, mainly printed matter. In its latest payment practices report it took an average of 27 days to pay suppliers, and 26% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 17.2% lower than for men.

Who runs and controls the company?

The company has 3 current directors. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 May 2027. The next confirmation statement is due by 17 Feb 2027.

Filed accounts2022/23–2024/25
2022/232023/242024/25
Turnover21,413,00032,349,00041,727,000
Profit for the year-7,931,000-4,151,000-3,840,000
Cash at bank and in hand22,408,00017,047,00011,954,000
Total assets31,729,00036,016,00030,370,000
Total liabilities5,855,00014,284,00012,386,000
Net assets / total equity25,874,00021,732,00017,984,000
Average number of employees263306372
Average pay (per year)88,20997,26898,382

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

applied artificial intelligence

As described in the company's latest filed accounts.

Public contracts

57 contracts

FACULTY SCIENCE LIMITED is named as a supplier in 57 public contract award notices from 39 public sector buyers since 2018. The 47 contracts awarded to it alone with a published value add up to £52.3m. 8 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers39
Department for Education
5 contracts · £10.1m
Department for Digital, Culture, Media and Sport
3 contracts · £2.8m
Home Office
3 contracts · £2.6m
FCDO Services
3 contracts · £1.8m
Department of Health and Social Care
2 contracts · £3m
Contracts
  1. Provision of an AI Wargaming ToolDfTc - Department for Transport · £100,000 · runs until Oct 2028
  2. G Cloud 15‡Government Commercial Agency · shared by 2,744 suppliers, up to £28,000,000,000 in total · 2 lots · runs until Aug 2030
  3. GB-London: PA0054 - AI Strategy‡Peabody Trust · £2,246,400 · runs until Jul 2027
  4. NPCC ANPR Analytics ToolPOLICE DIGITAL SERVICE · £527,498 · runs until Dec 2026
  5. Digital Outcomes and Specialists 7Crown Commercial Service · shared by 1,624 suppliers, up to £9,940,000,000 in total · 2 lots · runs until Jul 2027
Show 52 more
  1. Digital Decision Accelerators for Defence (DDAD), UK6 Contract Award Notification (CAN)MINISTRY OF DEFENCE · £1 · runs until Jan 2029
  2. AI Pilot Services PartnerMinistry of Housing, Communities and Local Government · £4,500,000
  3. Technology Services 4Crown Commercial Service · shared by 263 suppliers, up to £9,440,000,000 in total · 6 lots · runs until Jun 2028
  4. Home Office Artificial Intelligence (AI) Infrastructure Delivery Partner.Home Office · £600,000 · runs until Aug 2027
  5. AI Proof of Concept Services to Support EU Reset‡Department for Environment, Food & Rural Affairs · £1,500,000 · runs until Aug 2027
  6. ANPR Find & Profile MaintainPOLICE DIGITAL SERVICE · £578,050
  7. Provision of analysis and up-skilling to support delivery of the future of migration and population statistics programmeOffice for National Statistics · £600,000
  8. AI Services FrameworkYORKSHIRE WATER SERVICES LIMITED · shared by 6 suppliers, up to £32,000,000 in total · runs until Dec 2030
  9. AISI Safeguard Surveys PartnerDSIT · £298,630
  10. Provision of analysis and upskilling to support delivery of the future of migration and population statistics programmeOffice for National Statistics · £160,000
  11. con_25821 - Content Store‡Department for Education · £3,000,000
  12. Content Store Contract‡Department for Education · £6,000,000
  13. Research and Evaluation FrameworkCare Quality Commission · shared by 5 suppliers, up to £200,000 in total
  14. Information Operations Research Capability (IORC)Home Office · shared by 3 suppliers, up to £8,000,000 in total
  15. NHS AI Deployment Platform‡Department of Health and Social Care · £2,034,755
  16. Counter Dis-Information Platform‡DSIT · £2,344,378
  17. 1054475‡Department for Business, Energy & Industrial Strategy · £1,054,475
  18. AISI - AI Research - Multi modal models, Jailbreaking pipeline, Bio data obfuscation and Spear-phishingBEIS · £1,054,475
  19. Generative Artificial Intelligence Hackathons Research Project‡Department for Education · £349,699
  20. UKRI-2880 BAS Innovate UK AI Sector Innovation Labs‡UK Research & Innovation · £280,000
  21. Faculty Fellowship - AI analysis of LSIPs (con_21967)Department For Education · £20,000
  22. AI TrainingCENTRE FOR PROCESS INNOVATION LIMITED · £99,500
  23. Procurement for the Provision of an Urgent and Emergency Care Live Dashboard and CTCC Strategic Partner to BNSSG ICBNHS SOUTH, CENTRAL AND WEST COMMISSIONING SUPPORT UNIT · £617,850
  24. Procurement for the Provision of an Urgent and Emergency Care Live Dashboard and CTCC Strategic Partner to BNSSG ICB• NHS Bristol, North Somerset and South Gloucestershire ICB · £617,850
  25. National Biosurveillance Network Discovery (Ref C113285)‡UK Health Security Agency · £5,292,114 · 2 lots
  26. PRO5687 National Biosurveillance Network Discovery‡Secretary of State for Health and Social Care acting as part of the Crown through UK Heal… · £2,793,204
  27. Community Rehabilitation: Discovery and Strategic Modelling‡NHS England · £83,000
  28. Artificial Intelligence Capability Development‡FCDO Services · £982,450
  29. Artificial Intelligence Capability Development‡FCDO Services · £154,167
  30. Information Technology Commercial FrameworkHighways England · shared by 118 suppliers, up to £1,000,000,000 in total
  31. Charter 4 (Asset Knowledge) Capability Roadmap Development TaskNational Highways · £1,000,000,000
  32. Open Leo Data Service -DfEDepartment for Education · £750,000
  33. Artificial Intelligence Capability Development‡FCDO Services · £635,556
  34. Disinformation Technical ServicesDEPARTMENT FOR DIGITAL, CULTURE, MEDIA & SPORT · £1,300,000
  35. Image Retrieval/Analysis AI Multi Modal Platform + Mutimodal Research‡GENOMICS ENGLAND LIMITED · £429,000
  36. Digital and Technical ServicesDEPARTMENT FOR DIGITAL, CULTURE, MEDIA & SPORT · £1,613,873
  37. Data Discovery - Artificial intelligence (AI) strategy and digital transformationSerious Fraud Office · £125,000
  38. NHSX: AI Labs - NCCID Validation Service‡Department of Health and Social Care · £999,927 · 2 lots
  39. Online Harms Data Transformation‡Department for Digital, Culture, Media and Sport · £2,380,490
  40. Data Science & Data Exploitation Provider‡Home Office · £2,000,000
  41. Medical ITNHS SUPPLY CHAIN · shared by 73 suppliers, up to £591,323,781 in total
  42. Advanced Analytics (Taskforce 2019)‡Business Energy and Industrial Strategy · £120,000
  43. Data scientists for MHCLG Covid-19 response, contract amendment 01.MINISTRY OF HOUSING, COMMUNITIES & LOCAL GOVERNMENT · £800,000 · 2 lots
  44. Advanced Analytics (Taskforce 2019)‡Business Energy and Industrial Strategy · £264,000
  45. Technical analysis and comparison of approaches to bias identification and mitigation in decision making algorithms‡Department for Digital, Culture, Media and Sport · £125,000
  46. AI Lab Strategic Partner‡Department of Health and Social Care (DHSC) · £1,860,000 · 2 lots
  47. Filing and Sorting Emails (Alpha)Cabinet Office · £250,000
  48. Data Science ConsultancyGovernment Digital Service · £90,000
  49. Data Science Analytical ServiceGovernment Digital Service · £95,000
  50. UK SBS SSACR18147 Data Mapping innovation diffusionUK SHARED BUSINESS SERVICES LIMITED · £258,400 · 2 lots
  51. 101348 CROSS-GOVERNMENT AI ADOPTION REVIEW‡Department for Digital, Culture, Media and Sport · £250,000
  52. Data Science FellowshipsFUTURE CITIES CATAPULT · £32,000

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

2 grants

FACULTY SCIENCE LIMITED is recorded as the recipient of 2 central government grants since 2020, together worth £153k.

Funders
Department for Business, Energy and Industrial Strategy
1 grant · £108k
Department for Science, Innovation and Technology
1 grant · £45k
Grants
  1. Faculty's privacy enhancing federated learning solutionDepartment for Science, Innovation and Technology · £45,000 · UKRI - Innovate UK - Scheme
  2. Automated Structure GaugingDepartment for Business, Energy and Industrial Strategy · £108,000 · ALB - UKRI - Innovate UK grant awards in 20-21

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Apr 2025 – 31 Aug 2026
Average time taken to pay invoices
27 days
Invoices not paid within agreed terms
26%
Standard payment terms
30 days
Member of a payment code
No
  • Within 30 days 69%
  • 31 to 60 days 29%
  • After 60 days 2%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 17.2% lower
Mean hourly pay
women 16.2% lower
Median bonus pay
women 8.9% lower
Employer size
250 to 499 employees
Lower pay quarter59% womenLower middle38% womenUpper middle34% womenUpper pay quarter21% women
Earlier years (2)
Year
Median hourly pay
Mean hourly pay
2024/25
women 14.1% lower
women 15.9% lower
2023/24
women 11.2% lower
women 12.4% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 4 of the last 12 months on record, most recently June 2026. Main goods: plastics, iron and steel articles, machinery and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 1 of the last 12 months on record, most recently January 2026. Main goods: printed matter.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

33 events
  1. Patrick Brian Francis ROWE resignedDirector
  2. Ewan Grant MACKAY appointedDirector
  3. Andrew Sterland BROOKES resignedDirector
  4. Se Miao Angie MA resignedDirector
  5. Mark John Selwyn BEITH resignedDirector
  6. Saul Charles KLEIN resignedDirector
  7. Aidan Joseph COWHIG appointedDirector
  8. Patrick Brian Francis ROWE appointedDirector
Earlier events (25)
  1. Accenture Plc registered as a person with significant control
  2. Applied Acquisition Co. Limited ceased to be a person with significant control
  3. Financial year 2024/25 endedAccounts: turnover £41.7m, net assets £18m, 372 employees
  4. Financial year 2023/24 endedAccounts: turnover £32.3m, net assets £21.7m, 306 employees
  5. Financial year 2022/23 endedAccounts: turnover £21.4m, net assets £25.9m, 263 employees
  6. Richard Ignatius RYAN resignedDirector
  7. Mark John Selwyn BEITH appointedDirector
  8. Applied Acquisition Co. Limited registered as a person with significant control
  9. Miss Se Miao Angie Ma ceased to be a person with significant control
  10. Mr Marc Warner ceased to be a person with significant control
  11. Name changed to FACULTY SCIENCE LIMITEDPreviously ADVANCED SKILLS INITIATIVE LIMITED
  12. Miss Se Miao Angie Ma ceased to be a person with significant control
  13. Saul Charles KLEIN appointedDirector
  14. Miss Se Miao Angie Ma registered as a person with significant control
  15. Mr Marc Warner registered as a person with significant control
  16. Miss Se Miao Angie Ma registered as a person with significant control
  17. Anjali SAMANI resignedDirector
  18. Daniel James HULME resignedDirector
  19. Richard Ignatius RYAN appointedDirector
  20. Andrew Sterland BROOKES appointedDirector
  21. Anjali SAMANI appointedDirector
  22. Marc WARNER appointedDirector
  23. Daniel James HULME appointedDirector
  24. Se Miao Angie MA appointedDirector
  25. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.