The Networking People (TNP) Limited
Registered name: THE NETWORKING PEOPLE (TNP) LIMITED
Part of Yfm Equity Partners Buyout III (GP) LLP groupThe Networking People (TNP) Limited made £15.5m revenue and £757k profit in the year to 31 Mar 2025.
The Networking People (TNP) Limited’s revenue grew 18% to £15.5m in the year to 31 Mar 2025, with £757k profit and 54 employees. The company is classified under “other telecommunications activities” and is based in Lancaster; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lancaster, North West
- Age
- 15 yrs · since 2011
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £10.8m | £11.6m | £13.1m | £15.5m |
| Cost of sales | £7.4m | £8.2m | £9.2m | £10.7m |
| Gross profit | £3.4m | £3.4m | £3.9m | £4.8m |
| Operating profit | £481k | £335k | £585k | £983k |
| Profit before tax | £461k | £318k | £578k | £997k |
| Profit after tax | £383k | £226k | £435k | £757k |
| Profit (best available) | £383k | £226k | £435k | £757k |
| Staff costs | £2.3m | £2.5m | £2.7m | £3m |
| Employees (average) | 50 | 51 | 52 | 54 |
| Ratios | ||||
| Profit margin | 3.5% | 1.9% | 3.3% | 4.9% |
| Gross margin | 31.6% | 29.3% | 30% | 30.9% |
| Revenue per employee | £216k | £228k | £252k | £287k |
| Profit per employee | £7.7k | £4.4k | £8.4k | £14k |
| Cash conversion | −98.2% | −333% | −89.7% | −149.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7.8% | ▲12.7% | ▲18.4% |
| Profit growth | — | ▼41.1% | ▲92.6% | ▲74.2% |
| Headcount growth | — | ▲2% | ▲2% | ▲3.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £859k | £1.4m | £1.3m | £1.1m |
| Net assets | £1.1m | £1.1m | £1.1m | £1.4m |
| Fixed assets | £1.6m | £1.5m | £1.5m | £834k |
| Current assets | £2.7m | £3.7m | £3m | £5.5m |
| Debtors | £1.4m | £1.8m | £1.1m | £2.1m |
| Deferred income | £1.7m | £1.7m | £1.7m | £2.3m |
| Cash from operations | −£472k | −£1.1m | −£525k | −£1.5m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 30.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £287k
- Revenue ÷ average employees.
- Profit per employee
- £14k
- Profit ÷ average employees.
- Cash conversion
- −149.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.8%
- 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
- ▲30%
- Now £1.4m
- Cash at bank
- ▼16%
- Now £1.1m
- Headcount
- ▲4%
- Now 54
- Deferred income
- ▲35%
- Now £2.3m
- Fixed assets
- ▼44%
- Now £834k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Yfm Equity Partners Buyout III (GP) LLPultimate parent50–75%
- The Networking People Topco Ltd75–100%
- The Networking People Bidco Ltd75–100%
- The Networking People (TNP) 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).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £757k), from the Companies House accounts bulk data published Jul 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.