How much does Norman Broadbent Executive Search Limited make?

Norman Broadbent Executive Search Limited reported revenue of £10.9m and a loss of £171k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Norman Broadbent Executive Search Limited have?

Norman Broadbent Executive Search Limited reported an average of 58 employees in the year to 31 Dec 2024.

Is Norman Broadbent Executive Search Limited profitable?

No — Norman Broadbent Executive Search Limited reported a loss of £171k in the year to 31 Dec 2024.

Company No. 03326763 · Incorporated 3 Mar 1997

Norman Broadbent Executive Search Limited

Registered name: NORMAN BROADBENT EXECUTIVE SEARCH LIMITED

Part of Norman Broadbent PLC group

Norman Broadbent Executive Search Limited made £10.9m revenue and a £171k loss in the year to 31 Dec 2024.

Norman Broadbent Executive Search Limited’s revenue fell 11% to £10.9m in the year to 31 Dec 2024, with a loss of £171k and 58 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: London, London
Age: 29 yrs · since 1997
Type: Private 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.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£10.9m

Growth ▼11.3%

Profit

−£171k

Growth ▼110.3%

Profit margin

−1.6%

Gross 85.3%

Employees

Change ▲13.7%

Profit / employee

−£2.9k

Revenue/employee £188k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£8.7m	£12.3m	£10.9m
Cost of sales	£1.4m	£1.7m	£1.6m
Gross profit	£7.3m	£10.6m	£9.3m
Operating profit	−£911k	£1.7m	−£129k
Profit before tax	−£964k	£1.7m	−£171k
Profit after tax	−£964k	£1.7m	−£171k
Profit (best available)	−£964k	£1.7m	−£171k
Employees (average)	45	51	58
Ratios
Profit margin	−11.1%	13.5%	−1.6%
Gross margin	84.5%	85.9%	85.3%
Revenue per employee	£193k	£241k	£188k
Profit per employee	−£21.4k	£32.6k	−£2.9k
Growth (year on year)
Revenue growth	—	▲41.5%	▼11.3%
Profit growth	—	—	▼110.3%
Headcount growth	—	▲13.3%	▲13.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£44k	£751k	£215k
Net assets	−£1.6m	£95k	−£76k
Current assets	£2.4m	£3.6m	£2.5m
Debtors	£2.1m	£2.5m	£1.8m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: −1.6%; Profit ÷ revenue.
Gross margin: 85.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £188k; Revenue ÷ average employees.
Profit per employee: −£2.9k; 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: 16.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼180%; Now −£76k
Cash at bank: ▼71%; Now £215k
Headcount: ▲14%; Now 58
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Norman Broadbent PLCultimate parent75–100%
Norman Broadbent Executive Search Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Society LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£171k), from the Companies House accounts bulk data published May 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.