Whitman Asset Management Limited
Registered name: WHITMAN ASSET MANAGEMENT LIMITED
Whitman Asset Management Limited made £1.9m revenue and a £362k loss in the year to 31 Dec 2025.
Whitman Asset Management Limited’s revenue grew 9% to £1.9m in the year to 31 Dec 2025, with a loss of £362k and 7 employees. The company is classified under “fund management activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £990k | £1.2m | £1.7m | £1.9m |
| Cost of sales | £145k | £172k | £240k | £275k |
| Gross profit | £845k | £1m | £1.5m | £1.6m |
| Operating profit | −£813k | −£667k | −£533k | −£431k |
| Profit before tax | −£882k | −£709k | −£569k | −£386k |
| Profit after tax | −£882k | −£709k | −£569k | −£362k |
| Profit (best available) | −£882k | −£709k | −£569k | −£362k |
| Staff costs | £709k | £749k | £871k | £869k |
| Employees (average) | 8 | 8 | 8 | 7 |
| Ratios | ||||
| Profit margin | −89% | −59.9% | −32.6% | −19.1% |
| Gross margin | 85.4% | 85.5% | 86.3% | 85.5% |
| Revenue per employee | £124k | £148k | £218k | £271k |
| Profit per employee | −£110k | −£88.6k | −£71.1k | −£51.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲19.6% | ▲47.4% | ▲8.6% |
| Headcount growth | — | 0% | 0% | ▼12.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £884k | £684k | £802k | £166k |
| Net assets | £1m | £1.3m | £1.2m | £918k |
| Fixed assets | £212k | £796k | £598k | £271k |
| Current assets | £1.3m | £1m | £1.1m | £953k |
| Debtors | £105k | £118k | £178k | £187k |
| Deferred income | £246k | £136k | £111k | £111k |
| Cash from operations | −£584k | −£712k | −£317k | £12.6k |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −19.1%
- Profit ÷ revenue.
- Gross margin
- 85.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £271k
- Revenue ÷ average employees.
- Profit per employee
- −£51.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.8%
- 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
- ▼22%
- Now £918k
- Cash at bank
- ▼79%
- Now £166k
- Headcount
- ▼13%
- Now 7
- Deferred income
- ▲0%
- Now £111k
- Fixed assets
- ▼55%
- Now £271k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Activus Wealth LtdRev. £685k · Profit £321k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£362k), from the Companies House accounts bulk data published Aug 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.