How much does Gem Partnership Limited make?

Gem Partnership Limited reported revenue of £27.3m and £751k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Gem Partnership Limited have?

Gem Partnership Limited reported an average of 910 employees in the year to 31 Mar 2026.

Is Gem Partnership Limited profitable?

Yes — Gem Partnership Limited reported a profit of £751k in the year to 31 Mar 2026.

Company No. 06931626 · Incorporated 11 Jun 2009

Gem Partnership Limited

Registered name: GEM PARTNERSHIP LIMITED

Gem Partnership Limited made £27.3m revenue and £751k profit in the year to 31 Mar 2026. read from filing text

Gem Partnership Limited’s revenue grew 12% to £27.3m in the year to 31 Mar 2026, with £751k profit and 910 employees. The company is classified under “other activities of employment placement agencies” and is based in Newcastle Upon Tyne; we hold 5 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: Newcastle Upon Tyne, North East
Age: 17 yrs · since 2009
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.

Latest accounts · year to 31 Mar 2026

Key figures

IndependentCapital-lightCash flow filed

Revenue

£27.3m

Growth ▲11.6%

Profit

£751k

Growth ▼29%

Profit margin

2.7%

Gross 12.3%

Employees

910

Change ▲7.1%

Profit / employee

£825

Revenue/employee £30k

Profitable streak

5yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	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	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.2m	£29m	£29.7m	£24.5m	£27.3m
Cost of sales	£18.6m	£25.4m	£25.7m	£20.8m	£24m
Gross profit	£2.5m	£3.6m	£4m	£3.7m	£3.4m
Operating profit	£975k	£1.6m	—	—	—
Profit before tax	£1.1m	£1.6m	£1.6m	£1.4m	£1m
Profit after tax	£861k	£1.3m	£1.2m	£1.1m	£751k
Profit (best available)	£861k	£1.3m	£1.2m	£1.1m	£751k
Staff costs	£19.5m	£26.6m	£27.2m	£22.2m	£25.3m
Employees (average)	854	1,206	1,102	850	910
Ratios
Profit margin	4.1%	4.4%	4%	4.3%	2.7%
Gross margin	11.8%	12.3%	13.5%	15.2%	12.3%
Revenue per employee	£24.8k	£24.1k	£26.9k	£28.8k	£30k
Profit per employee	£1k	£1.1k	£1.1k	£1.2k	£825
Cash conversion	−20.1%	−65.3%	—	—	—
Growth (year on year)
Revenue growth	—	▲37.3%	▲2.2%	▼17.4%	▲11.6%
Profit growth	—	▲49.3%	▼6.6%	▼11.9%	▼29%
Headcount growth	—	▲41.2%	▼8.6%	▼22.9%	▲7.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£438k	£406k	£1.2m	£716k	£862k
Net assets	£743k	£1.3m	£1.7m	£2.1m	£2.1m
Fixed assets	£47.1k	£55.1k	£55.5k	£41.1k	£38.1k
Current assets	£3.3m	£4.5m	£4.2m	£4.4m	£5.2m
Debtors	£2.7m	£4m	£2.9m	£3.5m	£4.2m
Deferred income	£442k	£580k	£470k	£467k	£531k
Cash from operations	−£196k	−£1m	−£2m	−£693k	−£1m
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.7%; Profit ÷ revenue.
Gross margin: 12.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £30k; Revenue ÷ average employees.
Profit per employee: £825; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.2%; 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: ▲1%; Now £2.1m
Cash at bank: ▲20%; Now £862k
Headcount: ▲7%; Now 910
Deferred income: ▲14%; Now £531k
Fixed assets: ▼7%; Now £38.1k

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

Subsidiaries (1)

Gem Training LimitedFigures not disclosed

Minority corporate shareholders

Kinetic Holdings Limited 25–50%

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 31 Mar 2026 (profit £751k), 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.