How much does Partners in Recruitment Group Limited make?

Partners in Recruitment Group Limited reported revenue of £33.9m and £509k profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Partners in Recruitment Group Limited have?

Partners in Recruitment Group Limited reported an average of 26 employees in the year to 31 Jul 2025.

Is Partners in Recruitment Group Limited profitable?

Yes — Partners in Recruitment Group Limited reported a profit of £509k in the year to 31 Jul 2025.

Company No. 12873998 · Incorporated 11 Sep 2020

Partners in Recruitment Group Limited

Registered name: PARTNERS IN RECRUITMENT GROUP LIMITED

Part of Whitfield Challenger Ltd group

Partners in Recruitment Group Limited made £33.9m revenue and £509k profit in the year to 31 Jul 2025.

Partners in Recruitment Group Limited’s revenue fell 10% to £33.9m in the year to 31 Jul 2025, with £509k profit and 26 employees. The company is classified under “activities of other holding companies” and is based in Cheltenham; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Cheltenham, South West
Age: 6 yrs · since 2020
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 Jul 2025

Key figures

Capital-lightYoung and profitableCash flow filed

Revenue

£33.9m

Growth ▼10.2%

Profit

£509k

Growth ▲2.7%

Profit margin

1.5%

Gross 16.4%

Employees

Change ▼64.9%

Profit / employee

£19.6k

Revenue/employee £1.3m

Profitable streak

4yrs

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£51.3m	£42.1m	£37.7m	£33.9m
Cost of sales	£43.2m	£34.7m	£31.3m	£28.3m
Gross profit	£8.1m	£7.4m	£6.4m	£5.5m
Operating profit	£1.4m	£651k	£438k	£280k
Profit before tax	£1.4m	£649k	£433k	£2.1m
Profit after tax	£924k	£613k	£496k	£509k
Profit (best available)	£924k	£613k	£496k	£509k
Staff costs	£4.1m	£4.1m	£3.7m	£3.4m
Employees (average)	100	93	74	26
Ratios
Profit margin	1.8%	1.5%	1.3%	1.5%
Gross margin	15.8%	17.6%	17%	16.4%
Revenue per employee	£513k	£452k	£509k	£1.3m
Profit per employee	£9.2k	£6.6k	£6.7k	£19.6k
Cash conversion	87.4%	143.1%	213.7%	119.6%
Growth (year on year)
Revenue growth	—	▼18%	▼10.3%	▼10.2%
Profit growth	—	▼33.6%	▼19.2%	▲2.7%
Headcount growth	—	▼7%	▼20.4%	▼64.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£851	£255	£6.6k	£2.9k
Net assets	£94.3k	£95.8k	£92.7k	£89k
Fixed assets	£425k	£319k	£216k	£97.4k
Current assets	£1.3k	£6.5k	£7.6k	£3.8k
Debtors	£6.2m	£5.6m	£5.3m	£1.9m
Deferred income	£2.1k	£4.3k	£4.3k	£4.3k
Cash from operations	£1.3m	£931k	£937k	£335k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 16.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3m; Revenue ÷ average employees.
Profit per employee: £19.6k; Profit ÷ average employees.
Cash conversion: 119.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.5%; 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: ▼4%; Now £89k
Cash at bank: ▼56%; Now £2.9k
Headcount: ▼65%; Now 26
Deferred income: 0%; Now £4.3k
Fixed assets: ▼55%; Now £97.4k

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

Whitfield Challenger Ltdultimate parent75–100%
Partners in Recruitment Group Limitedthis company

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

Subsidiaries (4)

R E People LimitedRev. £18m · Profit £329k
Safehands Recruitment LtdRev. £14.4m · Profit £144k
R E Personnel LimitedFigures not disclosed
Safehands Recruitment Franchise LimitedFigures not disclosed

Sister companies (1)

R E Resource Group LimitedFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £509k), from the Companies House accounts bulk data published Mar 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.