Tenet Partnership LLP
Registered name: TENET PARTNERSHIP LLP
Tenet Partnership LLP made £883k revenue and a £65.1k loss in the year to 30 Mar 2025.
Tenet Partnership LLP’s revenue grew 9% to £883k in the year to 30 Mar 2025, with a loss of £65.1k and 0 employees. The company is based in Billingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Billingham, North East
- Age
- 8 yrs · since 2018
- 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 Mar 2022 | 30 Mar 2023 | 30 Mar 2024 | 30 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £657k | £742k | £813k | £883k |
| Operating profit | £601k | £426k | £385k | £323k |
| Profit after tax | £485k | £198k | £5.2k | −£65.1k |
| Profit (best available) | £485k | £198k | £5.2k | −£65.1k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 73.9% | 26.7% | 0.6% | −7.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13% | ▲9.5% | ▲8.6% |
| Profit growth | — | ▼59.1% | ▼97.4% | ▼1350% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £19.7k | £291k | £113k | £52.5k |
| Net assets | — | — | — | — |
| Fixed assets | £13.8m | £13.9m | £14.5m | £14.5m |
| Current assets | — | £291k | £166k | £203k |
| Debtors | — | £0 | £53.3k | £151k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −7.4%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- 1644%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.1%
- 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
- ▼53%
- Now £52.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £14.5m
Sources
Latest figures from FullAccounts for the year to 30 Mar 2025 (profit −£65.1k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.