Gloucester Pilots Partnership LLP
Registered name: GLOUCESTER PILOTS PARTNERSHIP LLP
Gloucester Pilots Partnership LLP made £384k revenue and £371k profit in the year to 31 Dec 2023.
Gloucester Pilots Partnership LLP’s revenue grew 5% to £384k in the year to 31 Dec 2023, with £371k profit and 4 employees. The company is based in Gloucester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Gloucester, South West
- Age
- 13 yrs · since 2013
- 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 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £366k | £384k |
| Gross profit | £366k | £384k |
| Operating profit | £353k | £371k |
| Profit before tax | £353k | £371k |
| Profit after tax | £353k | £371k |
| Profit (best available) | £353k | £371k |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | 96.4% | 96.6% |
| Gross margin | 100% | 100% |
| Revenue per employee | £91.4k | £96k |
| Profit per employee | £88.2k | £92.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲5% |
| Profit growth | — | ▲5.2% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £9.9k | £5.2k |
| Net assets | £10.9k | £6.7k |
| Fixed assets | £767 | £541 |
| Current assets | £11.7k | £7.1k |
| Debtors | £1.8k | £1.9k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 96.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £96k
- Revenue ÷ average employees.
- Profit per employee
- £92.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▼38%
- Now £6.7k
- Cash at bank
- ▼48%
- Now £5.2k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼29%
- Now £541
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £371k), from the Companies House accounts bulk data published Feb 2024. 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.