How much does CVC Secondary Partners, LLP make?

CVC Secondary Partners, LLP reported revenue of £136m and £64.7m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does CVC Secondary Partners, LLP have?

CVC Secondary Partners, LLP reported an average of 68 employees in the year to 31 Dec 2025.

Is CVC Secondary Partners, LLP profitable?

Yes — CVC Secondary Partners, LLP reported a profit of £64.7m in the year to 31 Dec 2025.

Company No. OC401408 · Incorporated 20 Aug 2015

CVC Secondary Partners, LLP

Registered name: CVC SECONDARY PARTNERS, LLP

Part of Cvc Capital Partners Plc group

CVC Secondary Partners, LLP made £136m revenue and £64.7m profit in the year to 31 Dec 2025.

CVC Secondary Partners, LLP’s revenue grew 69% to £136m in the year to 31 Dec 2025, with £64.7m profit and 68 employees. The company is based in London; we hold 3 years of its filed accounts.

Full P&L filed

Status: Active
Location: London
Age: 11 yrs · since 2015
Type: Limited Liability Partnership

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£136m

Growth ▲69.2%

Profit

£64.7m

Growth ▲122.6%

Profit margin

47.6%

Employees

Change ▲33.3%

Profit / employee

£951k

Revenue/employee £2m

Profitable streak

3yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£86.1m	£80.3m	£136m
Operating profit	£38.7m	£30.6m	£65.9m
Profit before tax	£39.4m	£31.3m	£66.7m
Profit after tax	£37.3m	£29m	£64.7m
Profit (best available)	£37.3m	£29m	£64.7m
Employees (average)	42	51	68
Ratios
Profit margin	43.3%	36.2%	47.6%
Revenue per employee	£2m	£1.6m	£2m
Profit per employee	£887k	£570k	£951k
Growth (year on year)
Revenue growth	—	▼6.7%	▲69.2%
Profit growth	—	▼22.1%	▲122.6%
Headcount growth	—	▲21.4%	▲33.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 47.6%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2m; Revenue ÷ average employees.
Profit per employee: £951k; 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.

Indirect — not revenue

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: ▲33%; Now 68
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Cvc Capital Partners Plc (registered outside the UK register)ultimate parent75–100%
CVC Secondary Partners, 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

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £64.7m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.