Zennor Asset Management LLP
Registered name: ZENNOR ASSET MANAGEMENT LLP
Part of Zennor Capital Holdings Ltd groupZennor Asset Management LLP made £7.1m revenue and £0 profit in the year to 31 Mar 2026.
Zennor Asset Management LLP’s revenue grew 69% to £7.1m in the year to 31 Mar 2026, with £0 profit and 8 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £2.5m | £4.2m | £7.1m |
| Cost of sales | £922k | £1.5m | £2.5m |
| Gross profit | £1.5m | £2.7m | £4.6m |
| Operating profit | £308k | £575k | £850k |
| Profit after tax | £0 | £0 | £0 |
| Profit (best available) | £0 | £0 | £0 |
| Staff costs | £835k | £1.7m | £2.7m |
| Employees (average) | 4 | 5 | 8 |
| Ratios | |||
| Profit margin | 0% | 0% | 0% |
| Gross margin | 62.6% | 64.7% | 64.5% |
| Revenue per employee | £615k | £845k | £890k |
| Profit per employee | £0 | £0 | £0 |
| Cash conversion | −137.1% | −99.8% | −86.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲71.7% | ▲68.6% |
| Headcount growth | — | ▲25% | ▲60% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £517k | £546k | £1m |
| Net assets | — | — | — |
| Fixed assets | £10.1k | £13.3k | £47.7k |
| Current assets | £961k | £1.1m | £2m |
| Debtors | £444k | £0 | £7.9k |
| Cash from operations | −£422k | −£574k | −£734k |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 64.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £890k
- Revenue ÷ average employees.
- Profit per employee
- £0
- Profit ÷ average employees.
- Cash conversion
- −86.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲87%
- Now £1m
- Headcount
- ▲60%
- Now 8
- Deferred income
- —
- Now —
- Fixed assets
- ▲260%
- Now £47.7k
Group structure
Ownership chain
- Zennor Capital Holdings Ltdultimate parent75–100%
- Zennor Asset Management LLPthis 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).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £0), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.