Raymond Smith Partnership LLP
Registered name: RAYMOND SMITH PARTNERSHIP LLP
Raymond Smith Partnership LLP made £206k revenue and £119k profit in the year to 31 Mar 2026.
Raymond Smith Partnership LLP’s revenue fell 40% to £206k in the year to 31 Mar 2026, with £119k profit and 4 employees. The company is based in Old Town Eastbourne; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Old Town Eastbourne, South East
- Age
- 24 yrs · since 2002
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £262k | £326k | £343k | £206k |
| Cost of sales | £26k | £13.6k | £6.7k | £8.6k |
| Gross profit | £236k | £313k | £336k | £197k |
| Operating profit | £142k | £229k | £249k | £119k |
| Profit after tax | £141k | £229k | £249k | £119k |
| Profit (best available) | £141k | £229k | £249k | £119k |
| Employees (average) | 3 | 4 | 4 | 4 |
| Ratios | ||||
| Profit margin | 53.8% | 70.1% | 72.6% | 57.6% |
| Gross margin | 90.1% | 95.8% | 98% | 95.8% |
| Revenue per employee | £87.4k | £81.6k | £85.6k | £51.5k |
| Profit per employee | £47k | £57.2k | £62.2k | £29.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲24.5% | ▲5% | ▼39.9% |
| Profit growth | — | ▲62.1% | ▲8.7% | ▼52.3% |
| Headcount growth | — | ▲33.3% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £84.8k | £71.5k | £51.2k | £36.9k |
| Net assets | — | — | — | — |
| Fixed assets | £4.4k | £3.8k | £7k | £3.6k |
| Current assets | £115k | £113k | £82.6k | £47.8k |
| Debtors | £11.4k | £23k | £12.4k | £0 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 57.6%
- Profit ÷ revenue.
- Gross margin
- 95.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £51.5k
- Revenue ÷ average employees.
- Profit per employee
- £29.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now —
- Cash at bank
- ▼28%
- Now £36.9k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼48%
- Now £3.6k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £119k), 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.