Funeral Partners Holdco Limited
Registered name: FUNERAL PARTNERS HOLDCO LIMITED
Part of Montagu Private Equity LLP groupFuneral Partners Holdco Limited made £93.3m revenue and a £11.8m loss in the year to 30 Sep 2024.
Funeral Partners Holdco Limited’s revenue grew 10% to £93.3m in the year to 30 Sep 2024, with a loss of £11.8m and 1,240 employees. The company is classified under “activities of other holding companies” and is based in Nottingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nottingham
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £75.5m | £84.7m | £93.3m |
| Cost of sales | −£34m | −£37.9m | −£43.6m |
| Gross profit | £41.5m | £46.8m | £49.7m |
| Operating profit | £4.2m | £5.1m | £2.1m |
| Profit before tax | −£11.6m | −£7.3m | −£12.9m |
| Profit after tax | −£10m | −£5.5m | −£11.8m |
| Profit (best available) | −£10m | −£5.5m | −£11.8m |
| Employees (average) | 995 | 1,096 | 1,240 |
| Ratios | |||
| Profit margin | −13.2% | −6.6% | −12.7% |
| Gross margin | 55% | 55.3% | 53.2% |
| Revenue per employee | £75.9k | £77.3k | £75.2k |
| Profit per employee | −£10k | −£5.1k | −£9.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.2% | ▲10.1% |
| Headcount growth | — | ▲10.2% | ▲13.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −12.7%
- Profit ÷ revenue.
- Gross margin
- 53.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £75.2k
- Revenue ÷ average employees.
- Profit per employee
- −£9.5k
- 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
- ▲13%
- Now 1,240
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Montagu Private Equity LLPultimate parent75–100%
- MLLP Holdings Limited75–100%
- MV Star General Partner Limited75–100%
- FP Bidco Limited75–100%
- FP Equityco Limited75–100%
- Funeral Partners Topco Limited75–100%
- Funeral Partners Midco Limited75–100%
- Funeral Partners Holdco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Funeral Partners Bidco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2024 (profit −£11.8m), 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.