How much does The Oyster Partnership Limited make?

The Oyster Partnership Limited reported revenue of £43.3m and £636k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does The Oyster Partnership Limited have?

The Oyster Partnership Limited reported an average of 86 employees in the year to 31 Mar 2025.

Is The Oyster Partnership Limited profitable?

Yes — The Oyster Partnership Limited reported a profit of £636k in the year to 31 Mar 2025.

Company No. 05020374 · Incorporated 20 Jan 2004

The Oyster Partnership Limited

Registered name: THE OYSTER PARTNERSHIP LIMITED

Part of Soho Management Group Limited group

The Oyster Partnership Limited made £43.3m revenue and £636k profit in the year to 31 Mar 2025.

The Oyster Partnership Limited’s revenue fell 17% to £43.3m in the year to 31 Mar 2025, with £636k profit and 86 employees. The company is classified under “other activities of employment placement agencies” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies SIC 78200Temporary employment agency activities

Status: Active
Location: London, London
Age: 22 yrs · since 2004
Type: Private 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.

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 Mar 2025

Key figures

Capital-light

Revenue

£43.3m

Growth ▼17.3%

Profit

£636k

Growth ▼53.8%

Profit margin

1.5%

Gross 20.8%

Employees

Change ▼20.4%

Profit / employee

£7.4k

Revenue/employee £503k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£39.1m	£50.8m	£52.4m	£43.3m
Cost of sales	£30.5m	£39.5m	£40.9m	£34.3m
Gross profit	£8.6m	£11.3m	£11.5m	£9m
Operating profit	£2.3m	£2.7m	£2.2m	£986k
Profit before tax	£2.2m	£2.5m	£1.9m	£907k
Profit after tax	£1.9m	£2.1m	£1.4m	£636k
Profit (best available)	£1.9m	£2.1m	£1.4m	£636k
Staff costs	£3.4m	£4m	£4m	£3.8m
Employees (average)	74	102	108	86
Ratios
Profit margin	4.8%	4.1%	2.6%	1.5%
Gross margin	22%	22.3%	21.9%	20.8%
Revenue per employee	£529k	£498k	£485k	£503k
Profit per employee	£25.3k	£20.6k	£12.7k	£7.4k
Growth (year on year)
Revenue growth	—	▲29.9%	▲3.1%	▼17.3%
Profit growth	—	▲12.3%	▼34.5%	▼53.8%
Headcount growth	—	▲37.8%	▲5.9%	▼20.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£284k	£348k	£570k	£365k
Net assets	£2.8m	£4.2m	£4.3m	£4.5m
Fixed assets	£459k	£1.1m	£966k	£771k
Current assets	£7m	£9.5m	£9.6m	£8.7m
Debtors	£3.7m	£5.4m	£4.9m	£3.9m
Deferred income	£1.1m	£1.9m	£1.5m	£1.2m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 20.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £503k; Revenue ÷ average employees.
Profit per employee: £7.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; 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%; 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: ▲6%; Now £4.5m
Cash at bank: ▼36%; Now £365k
Headcount: ▼20%; Now 86
Deferred income: ▼21%; Now £1.2m
Fixed assets: ▼20%; Now £771k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Soho Management Group Limitedultimate parent75–100%
The Oyster Partnership Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £636k), from the Companies House accounts bulk data published Dec 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.