How much does Goat & Partners Ltd make?

Goat & Partners Ltd reported revenue of £48.6m and a loss of £8.6m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Goat & Partners Ltd have?

Goat & Partners Ltd reported an average of 47 employees in the year to 31 Dec 2025.

Is Goat & Partners Ltd profitable?

No — Goat & Partners Ltd reported a loss of £8.6m in the year to 31 Dec 2025.

Company No. 12451284 · Incorporated 10 Feb 2020

Goat & Partners Ltd

Registered name: GOAT & PARTNERS LTD

Part of Goat & Partners Holding Ltd group

Goat & Partners Ltd made £48.6m revenue and a £8.6m loss in the year to 31 Dec 2025. read from filing text

Goat & Partners Ltd’s revenue fell 9% to £48.6m in the year to 31 Dec 2025, with a loss of £8.6m and 47 employees. The company is classified under “media representation services” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73120Media representation services

Status: Active
Location: London, London
Age: 6 yrs · since 2020
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: “On 1 January 2025, Goat & Partners Holdings Limited purchased 100% of the share capital in Goat & Partners Limited and became the controlling party from that date.”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£48.6m

Growth ▼9.1%

Profit

−£8.6m

Growth ▼385.9%

Profit margin

−17.6%

Gross 11.3%

Employees

Change ▲27%

Profit / employee

−£183k

Revenue/employee £1m

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£35.8m	£44.7m	£53.5m	£48.6m
Cost of sales	£36.4m	£44.6m	£39.4m	£43.1m
Gross profit	−£616k	£141k	£14.1m	£5.5m
Operating profit	−£6.6m	−£8.3m	£6.3m	—
Profit before tax	−£6.6m	−£8.3m	£6.3m	−£6.8m
Profit after tax	−£8.5m	−£11.3m	£3m	−£8.6m
Profit (best available)	−£8.5m	−£11.3m	£3m	−£8.6m
Staff costs	£2.5m	£2.7m	£3.5m	£4m
Employees (average)	33	38	37	47
Ratios
Profit margin	−23.7%	−25.3%	5.6%	−17.6%
Gross margin	−1.7%	0.3%	26.3%	11.3%
Revenue per employee	£1.1m	£1.2m	£1.4m	£1m
Profit per employee	−£257k	−£297k	£81.1k	−£183k
Growth (year on year)
Revenue growth	—	▲25.1%	▲19.5%	▼9.1%
Profit growth	—	—	—	▼385.9%
Headcount growth	—	▲15.2%	▼2.6%	▲27%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£3.4m	£4m	£1m
Net assets	−£20.7m	−£32m	−£29m	−£37.6m
Fixed assets	£39.5k	£20.3k	£13.9k	—
Current assets	£7.5m	£8.5m	£10.6m	£6.8m
Debtors	£5.5m	£4.5m	£6.3m	£5.1m
Deferred income	£1.1m	£694k	£841k	£412k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −17.6%; Profit ÷ revenue.
Gross margin: 11.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1m; Revenue ÷ average employees.
Profit per employee: −£183k; 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: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; 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: —; Now −£37.6m
Cash at bank: ▼75%; Now £1m
Headcount: ▲27%; Now 47
Deferred income: ▼51%; Now £412k
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

Goat & Partners Holding Ltdultimate parent75–100%
Goat & Partners Ltdthis company

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

Sister companies (1)

Goat & Partners Technology Services LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£8.6m), from the Companies House accounts bulk data published Sep 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.