Audio Partnership PLC
Registered name: AUDIO PARTNERSHIP PLC
Part of Audio Holdings Ltd groupAudio Partnership PLC made £18.7m revenue and £864k profit in the year to 31 Mar 2026. read from filing text
Audio Partnership PLC’s revenue grew 4% to £18.7m in the year to 31 Mar 2026, with £864k profit and 61 employees. The company is classified under “manufacture of electric domestic appliances” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 32 yrs · since 1994
- Type
- Public Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate and ultimate parent undertaking is Audio Holdings Ltd.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £20.5m | £16.1m | £18m | £18.7m |
| Cost of sales | £13.7m | £15m | £15.7m | £16.2m |
| Gross profit | £6.8m | £1.1m | £2.3m | £2.5m |
| Operating profit | −£110k | −£1.3m | £243k | £1.1m |
| Profit before tax | −£351k | −£1.7m | £89.1k | £971k |
| Profit after tax | −£355k | −£1.8m | £650k | £864k |
| Profit (best available) | −£355k | −£1.8m | £650k | £864k |
| Staff costs | £4.4m | £4.9m | £4.1m | £4.3m |
| Employees (average) | 68 | 70 | 61 | 61 |
| Ratios | ||||
| Profit margin | −1.7% | −11% | 3.6% | 4.6% |
| Gross margin | 33% | 6.8% | 12.7% | 13.4% |
| Revenue per employee | £302k | £230k | £295k | £306k |
| Profit per employee | −£5.2k | −£25.3k | £10.6k | £14.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼21.5% | ▲12% | ▲3.5% |
| Profit growth | — | — | — | ▲33% |
| Headcount growth | — | ▲2.9% | ▼12.9% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £118k | £1.5m | £548k |
| Net assets | £5.9m | £4.1m | £4.8m | £5.6m |
| Fixed assets | £321k | £484k | £488k | £436k |
| Current assets | £16.3m | £12.8m | £11.5m | £11.8m |
| Debtors | £797k | £953k | £515k | £1.8m |
| Deferred income | £2.6m | £1.6m | £1.1m | £506k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.6%
- Profit ÷ revenue.
- Gross margin
- 13.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £306k
- Revenue ÷ average employees.
- Profit per employee
- £14.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.6%
- 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
- ▲18%
- Now £5.6m
- Cash at bank
- ▼62%
- Now £548k
- Headcount
- 0%
- Now 61
- Deferred income
- ▼54%
- Now £506k
- Fixed assets
- ▼11%
- Now £436k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Audio Holdings Ltdultimate parent75–100%
- Audio Partnership PLCthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Ariston Acoustics LimitedFigures not disclosed
- Ariston Audio LimitedFigures not disclosed
- Audio Innovations LimitedFigures not disclosed
- Cambridge Audio LimitedFigures not disclosed
- Gale LimitedFigures not disclosed
- Mordaunt-Short LimitedFigures not disclosed
- Opus Technologies LimitedFigures not disclosed
- TDL Electronics UK LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £864k), from the Companies House accounts bulk data published Sep 2026. 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.