NW1 Partners UK LLP
Registered name: NW1 PARTNERS UK LLP
Part of Cortx Holdings Limited groupNW1 Partners UK LLP made £3.1m revenue and a £827k loss in the year to 31 Mar 2026.
NW1 Partners UK LLP’s revenue fell 10% to £3.1m in the year to 31 Mar 2026, with a loss of £827k and 0 employees. The company is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 9 yrs · since 2017
- 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. From the filing: “The ultimate parent undertaking is Cortx Holdings Limited, a company registered in England & Wales. Cortx Holdings Limited is the parent company of both the largest and smallest group of which the Lim”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £2.6m | £2.6m | £3.4m | £3.1m |
| Cost of sales | £1.9m | £1.7m | £2.7m | £3.1m |
| Gross profit | £678k | £956k | £679k | −£35k |
| Operating profit | £505k | £536k | £190k | −£451k |
| Profit before tax | −£227k | −£205k | — | — |
| Profit after tax | −£227k | £0 | −£173k | −£827k |
| Profit (best available) | −£227k | £0 | −£173k | −£827k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | −8.9% | 0% | −5.1% | −27% |
| Gross margin | 26.5% | 36.5% | 20% | −1.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.1% | ▲29.9% | ▼9.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £854k | £158k | £528k |
| Net assets | −£4.2m | −£4.4m | −£4.4m | −£5.2m |
| Fixed assets | £1 | £1 | £1 | £0 |
| Current assets | £4.7m | £4.4m | £5m | £4.3m |
| Debtors | £0 | £701 | £1.1m | £27k |
| Deferred income | £7.4m | £7.5m | £7.7m | £8.1m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −27%
- Profit ÷ revenue.
- Gross margin
- −1.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 263.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.9%
- 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 −£5.2m
- Cash at bank
- ▲233%
- Now £528k
- Headcount
- —
- Now 0
- Deferred income
- ▲4%
- Now £8.1m
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Cortx Holdings Limitedultimate parent75–100%
- Delancey Real Estate Asset Management Limited75–100%
- Newincco 1404 Limited75–100%
- NW1 Partners UK LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- NW1 Capital Management LimitedRev. £3m · Profit −£294k
- NW1 Partners (GP) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£827k), from the Companies House accounts bulk data published Sep 2026. 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.