How much does Partnering Health Limited make?

Partnering Health Limited reported revenue of £31.7m and £335k profit in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Partnering Health Limited have?

Partnering Health Limited reported an average of 442 employees in the year to 30 Sep 2024.

Is Partnering Health Limited profitable?

Yes — Partnering Health Limited reported a profit of £335k in the year to 30 Sep 2024.

Company No. 06563486 · Incorporated 11 Apr 2008

Partnering Health Limited

Registered name: PARTNERING HEALTH LIMITED

Part of PHL Group Holdco Limited group

Partnering Health Limited made £31.7m revenue and £335k profit in the year to 30 Sep 2024. read from filing text

Partnering Health Limited’s revenue fell 25% to £31.7m in the year to 30 Sep 2024, with £335k profit and 442 employees. The company is classified under “general medical practice activities” and is based in Fareham; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activities

Status: Active
Location: Fareham, South East
Age: 18 yrs · since 2008
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 30 Sep 2024

Key figures

Revenue

£31.7m

Growth ▼25.2%

Profit

£335k

Growth ▼53.7%

Profit margin

1.1%

Gross 40.1%

Employees

442

Change ▼24.1%

Profit / employee

£758

Revenue/employee £71.7k

Profitable streak

3yrs

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	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£31.1m	£42.4m	£31.7m
Cost of sales	£17.9m	£27.3m	£19m
Gross profit	£13.2m	£15m	£12.7m
Operating profit	£2.4m	£758k	£393k
Profit before tax	£2.3m	£589k	£427k
Profit after tax	£1.8m	£724k	£335k
Profit (best available)	£1.8m	£724k	£335k
Employees (average)	402	582	442
Ratios
Profit margin	5.9%	1.7%	1.1%
Gross margin	42.5%	35.5%	40.1%
Revenue per employee	£77.4k	£72.8k	£71.7k
Profit per employee	£4.6k	£1.2k	£758
Growth (year on year)
Revenue growth	—	▲36.1%	▼25.2%
Profit growth	—	▼60.8%	▼53.7%
Headcount growth	—	▲44.8%	▼24.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£219k	£539k	£161k
Net assets	£3m	£4m	£6.6m
Fixed assets	£8.2m	£13.1m	£13.2m
Current assets	£7.1m	£5.5m	£6.1m
Debtors	£845k	£1m	£2.5m
Deferred income	£6.4m	£7.1m	£3.6m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 40.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £71.7k; Revenue ÷ average employees.
Profit per employee: £758; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 41.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.9%; 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: ▲66%; Now £6.6m
Cash at bank: ▼70%; Now £161k
Headcount: ▼24%; Now 442
Deferred income: ▼49%; Now £3.6m
Fixed assets: ▲1%; Now £13.2m

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

PHL Group Holdco Limitedultimate parent75–100%
PHL Group Midco Limited75–100%
PHL Group Finance Limited75–100%
PHL Horizon Ltd75–100%
Partnering Health Holdings Limited75–100%
Partnering Health Limitedthis company

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

Subsidiaries (6)

PHL Integrated Care LimitedRev. £0 · Profit −£44.8k
PHL Best Practice Services LimitedLiquidationFigures not disclosed
PHL Primary Care LimitedFigures not disclosed
PHL Professionals LtdFigures not disclosed
PHL Youla LimitedFigures not disclosed
Salveas LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £335k), from the Companies House accounts bulk data published Jun 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.