Close Brothers Group PLC
Registered name: CLOSE BROTHERS GROUP PLC
Close Brothers Group PLC made £944m revenue and £100m profit in the year to 31 Jul 2024.
Close Brothers Group PLC’s revenue grew 1% to £944m in the year to 31 Jul 2024, with £100m profit and 3,994 employees. The company is classified under “activities of head offices”; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 73 yrs · since 1953
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £933m | £944m |
| Operating profit | £112m | £142m |
| Profit before tax | £112m | £142m |
| Profit after tax | £81.1m | £100m |
| Profit (best available) | £81.1m | £100m |
| Employees (average) | 4,060 | 3,994 |
| Ratios | ||
| Profit margin | 8.7% | 10.6% |
| Revenue per employee | £230k | £236k |
| Profit per employee | £20k | £25.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲1.2% |
| Profit growth | — | ▲23.8% |
| Headcount growth | — | ▼1.6% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 10.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £236k
- Revenue ÷ average employees.
- Profit per employee
- £25.1k
- 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
- ▼2%
- Now 3,994
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Close Brothers Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jul 2024 (profit £100m), from the Companies House accounts bulk data published Dec 2024. 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.