Secretariat Partners UK LLP
Registered name: SECRETARIAT PARTNERS UK LLP
Secretariat Partners UK LLP made £26.8m revenue and a £1.7m loss in the year to 31 Dec 2025. read from filing text
Secretariat Partners UK LLP’s revenue grew 7% to £26.8m in the year to 31 Dec 2025, with a loss of £1.7m and 80 employees. The company is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | — | £14.2m | £25.1m | £26.8m |
| Cost of sales | — | — | £12.5m | £22.5m | £21.9m |
| Gross profit | — | — | £1.7m | £2.6m | £5m |
| Operating profit | — | — | −£958k | −£4.5m | −£1.6m |
| Profit after tax | — | — | −£1m | −£4.6m | −£1.7m |
| Profit (best available) | — | — | −£1m | −£4.6m | −£1.7m |
| Employees (average) | 5 | 17 | 34 | 71 | 80 |
| Ratios | |||||
| Profit margin | — | — | −7.2% | −18.3% | −6.4% |
| Gross margin | — | — | 12% | 10.2% | 18.5% |
| Revenue per employee | — | — | £419k | £353k | £335k |
| Profit per employee | — | — | −£30.2k | −£64.4k | −£21.6k |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | ▲76.1% | ▲7% |
| Headcount growth | — | — | ▲100% | ▲108.8% | ▲12.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Net assets | — | — | — | — | — |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −6.4%
- Profit ÷ revenue.
- Gross margin
- 18.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £335k
- Revenue ÷ average employees.
- Profit per employee
- −£21.6k
- 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 80
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.7m), 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.