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Company No. 12241922 · Incorporated 3 Oct 2019

Partner Films Ltd

Registered name: PARTNER FILMS LTD

Part of Art Partner Productions Limited group

Partner Films Ltd made £13.8m revenue and £1.2m profit in the year to 31 Dec 2022.

Partner Films Ltd’s revenue fell 45% to £13.8m in the year to 31 Dec 2022, with £1.2m profit and 1 employee. The company is classified under “photographic activities not elsewhere classified” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74209Photographic activities not elsewhere classified
Status
Active
Location
London, London
Age
7 yrs · since 2019
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.

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.

Latest accounts · year to 31 Dec 2022

Key figures

Small teamYoung and profitableCash flow filed
Revenue
£13.8m
Growth ▼45.3%
Profit
£1.2m
Growth ▼58.6%
Profit margin
9.1%
Gross 10.4%
Employees
1
Change —
Profit / employee
£1.2m
Revenue/employee £13.8m
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 202131 Dec 2022
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£25.2m£13.8m
Cost of sales£21.5m£12.3m
Gross profit£3.7m£1.4m
Operating profit£3m£1.2m
Profit before tax£3m£1.2m
Profit after tax£3m£1.2m
Profit (best available)£3m£1.2m
Employees (average)—1
Ratios
Profit margin12%9.1%
Gross margin14.7%10.4%
Revenue per employee—£13.8m
Profit per employee—£1.2m
Cash conversion30.8%43.6%
Growth (year on year)
Revenue growth—▼45.3%
Profit growth—▼58.6%
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£3m
Net assets£4.3m£5.5m
Current assets£10.8m£7.2m
Debtors£4.3m£1.3m
Deferred income£1.4m£780k
Cash from operations£930k£545k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023
Derived from the latest filing

How the business works

Profit margin
9.1%
Profit ÷ revenue.
Gross margin
10.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£13.8m
Revenue ÷ average employees.
Profit per employee
£1.2m
Profit ÷ average employees.
Cash conversion
43.6%
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
5.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.8%
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
▲29%
Now £5.5m
Cash at bank
▲32%
Now £3m
Headcount
—
Now 1
Deferred income
▼46%
Now £780k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Art Partner Productions Limitedultimate parent75–100%
  2. Partner Films Ltdthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2022 (profit £1.2m), from the Companies House accounts bulk data published Dec 2023. 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.