Tristan Capital Partners Holdings Limited
Registered name: TRISTAN CAPITAL PARTNERS HOLDINGS LIMITED
Part of CGH UK Acquisition Company Limited groupTristan Capital Partners Holdings Limited made £69.6m revenue and £20.8m profit in the year to 31 Dec 2025.
Tristan Capital Partners Holdings Limited’s revenue fell 4% to £69.6m in the year to 31 Dec 2025, with £20.8m profit and 111 employees. The company is classified under “activities of head offices” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £47.1m | £72.2m | £69.6m |
| Cost of sales | −£836k | −£1.7m | −£1.2m |
| Gross profit | £46.2m | £70.5m | £68.4m |
| Operating profit | £13.5m | £30.4m | £20.5m |
| Profit before tax | £14.3m | £31.1m | £20.9m |
| Profit after tax | £14.1m | £30.9m | £20.8m |
| Profit (best available) | £14.1m | £30.9m | £20.8m |
| Employees (average) | 113 | 103 | 111 |
| Ratios | |||
| Profit margin | 30% | 42.8% | 29.8% |
| Gross margin | 98.2% | 97.6% | 98.3% |
| Revenue per employee | £417k | £701k | £627k |
| Profit per employee | £125k | £300k | £187k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼3.6% |
| Profit growth | — | — | ▼32.8% |
| Headcount growth | — | — | ▲7.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 29.8%
- Profit ÷ revenue.
- Gross margin
- 98.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £627k
- Revenue ÷ average employees.
- Profit per employee
- £187k
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲8%
- Now 111
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- CGH UK Acquisition Company Limitedultimate parent75–100%
- Tristan Capital Partners Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- CCP 5 Co-Investment LLPFigures not disclosed
- CCP III Co-Investment (GP) LimitedFigures not disclosed
- Episo 3 Co-Investment (GP) LimitedFigures not disclosed
- Episo 4 Co-Investment LLPFigures not disclosed
- Tristan Capital LimitedFigures not disclosed
Sister companies (1)
- Tristan Equity Partners (GP) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £20.8m), from the Companies House accounts bulk data published Oct 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.