Bone & Payne LLP
Registered name: BONE & PAYNE LLP
Bone & Payne LLP made £1.6m revenue and £521k profit in the year to 31 Mar 2025.
Bone & Payne LLP’s revenue was £1.6m in the year to 31 Mar 2025, with £521k profit and 35 employees. The company is based in Conwy; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Conwy, Wales
- Age
- 19 yrs · since 2007
- 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 | 30 Sep 2022 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £2.4m | £1.6m |
| Operating profit | — | £441k | £75.2k |
| Profit after tax | — | £784k | £521k |
| Profit (best available) | — | £784k | £521k |
| Employees (average) | 37 | 33 | 35 |
| Ratios | |||
| Profit margin | — | 32.9% | 32.6% |
| Revenue per employee | — | £72.2k | £45.7k |
| Profit per employee | — | £23.8k | £14.9k |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £348k | £343k | £395k |
| Net assets | — | — | — |
| Fixed assets | £83.1k | £73.7k | £67k |
| Current assets | £759k | £784k | £746k |
| Debtors | £255k | £345k | £142k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 32.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £45.7k
- Revenue ÷ average employees.
- Profit per employee
- £14.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.8%
- 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
- —
- Now £395k
- Headcount
- —
- Now 35
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £67k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £521k), from the Companies House accounts bulk data published Dec 2025. 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.