Fulkers Bailey Russell LLP
Registered name: FULKERS BAILEY RUSSELL LLP
Fulkers Bailey Russell LLP made £15.3m revenue and £496k profit in the year to 31 Mar 2025. read from filing text
Fulkers Bailey Russell LLP’s revenue grew 6% to £15.3m in the year to 31 Mar 2025, with £496k profit and 128 employees. The company is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £14.3m | £15.3m |
| Cost of sales | — | — | £10m | £11.9m |
| Gross profit | — | — | £4.3m | £3.3m |
| Operating profit | — | — | £1m | £521k |
| Profit after tax | — | — | £1m | £496k |
| Profit (best available) | — | — | £1m | £496k |
| Employees (average) | 68 | 95 | 113 | 128 |
| Ratios | ||||
| Profit margin | — | — | 7.1% | 3.3% |
| Gross margin | — | — | 30.2% | 21.9% |
| Revenue per employee | — | — | £127k | £119k |
| Profit per employee | — | — | £9k | £3.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲6.5% |
| Profit growth | — | — | — | ▼51.5% |
| Headcount growth | — | ▲39.7% | ▲18.9% | ▲13.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £68.6k | £366k | — | — |
| Net assets | — | — | — | — |
| Fixed assets | £97.9k | £99.7k | — | — |
| Current assets | £3.1m | £2.8m | — | — |
| Debtors | £2.2m | £1.7m | — | — |
| Source | AbridgedAccounts · bulk data Dec 2023 | AbridgedAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3.3%
- Profit ÷ revenue.
- Gross margin
- 21.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £119k
- Revenue ÷ average employees.
- Profit per employee
- £3.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Headcount
- ▲13%
- Now 128
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Fulker Consultancy Holdings LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £496k), 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.