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Company No. 10419810 · Incorporated 10 Oct 2016

A.s.k. Partners Limited

Registered name: A.S.K. PARTNERS LIMITED

Part of Oaknorth Bank PLC group

A.s.k. Partners Limited made £9.6m revenue and £1.6m profit in the year to 31 Dec 2023. read from filing text

A.s.k. Partners Limited’s revenue grew 10% to £9.6m in the year to 31 Dec 2023, with £1.6m profit and 17 employees. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software developmentSIC 68320Management of real estate on a fee or contract basis
Status
Active
Location
London, London
Age
10 yrs · since 2016
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. From the filing: “The immediate parent company is Oaknorth Bank Plc registered at 3/F, 57 Broadwick Street, London, W1F 9QS. The ultimate controlling party is OakNorth Holdings Limited, registered at Ordnance House, 31”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light
Revenue
£9.6m
Growth ▲9.9%
Profit
£1.6m
Growth ▼50.7%
Profit margin
16.9%
Gross 98.3%
Employees
17
Change ▲21.4%
Profit / employee
£95.5k
Revenue/employee £564k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£8.7m£9.6m
Cost of sales£150k£161k
Gross profit£8.6m£9.4m
Operating profit£3.7m£2m
Profit before tax£3.9m£2.1m
Profit after tax£3.3m£1.6m
Profit (best available)£3.3m£1.6m
Staff costs£3.3m£4.6m
Employees (average)1417
Ratios
Profit margin37.7%16.9%
Gross margin98.3%98.3%
Revenue per employee£623k£564k
Profit per employee£235k£95.5k
Growth (year on year)
Revenue growth—▲9.9%
Profit growth—▼50.7%
Headcount growth—▲21.4%
Balance sheet — indirect signals, not revenue
Cash at bank£4.3m£5m
Net assets£4.6m£6.2m
Fixed assets£58.7k£51.4k
Current assets£11.4m£11.3m
Debtors£2.1m£5.7m
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
16.9%
Profit ÷ revenue.
Gross margin
98.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£564k
Revenue ÷ average employees.
Profit per employee
£95.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
59.4%
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
▲36%
Now £6.2m
Cash at bank
▲17%
Now £5m
Headcount
▲21%
Now 17
Deferred income
—
Now —
Fixed assets
▼12%
Now £51.4k
Corporate ownership

Group structure

Ownership chain

  1. Oaknorth Bank PLCultimate parent25–50%
  2. A.s.k. Partners Limitedthis company

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

Subsidiaries (23)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.6m), from the Companies House accounts bulk data published Oct 2024. 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.