Pallas Partners LLP
Registered name: PALLAS PARTNERS LLP
Pallas Partners LLP made £23.2m revenue and £12m profit in the year to 31 Dec 2025. read from filing text
Pallas Partners LLP’s revenue grew 12% to £23.2m in the year to 31 Dec 2025, with £12m profit and 33 employees. The company is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 Jan 2022 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | £11m | £14.9m | £20.7m | £23.2m |
| Cost of sales | — | £2.6m | £3.6m | £3.9m | £5m |
| Gross profit | — | £8.4m | £11.2m | £16.7m | £18.2m |
| Operating profit | — | £2.1m | £5.1m | £9.9m | £14.9m |
| Profit after tax | — | £0 | £2.8m | £7.4m | £12m |
| Profit (best available) | — | £0 | £2.8m | £7.4m | £12m |
| Employees (average) | 0 | 22 | 27 | 28 | 33 |
| Ratios | |||||
| Profit margin | — | 0% | 18.5% | 35.7% | 51.9% |
| Gross margin | — | 76.5% | 75.5% | 80.9% | 78.6% |
| Revenue per employee | — | £498k | £551k | £739k | £702k |
| Profit per employee | — | £0 | £102k | £264k | £365k |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲35.7% | ▲39.1% | ▲12% |
| Profit growth | — | — | — | ▲168% | ▲63% |
| Headcount growth | — | — | ▲22.7% | ▲3.7% | ▲17.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Net assets | — | — | — | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 51.9%
- Profit ÷ revenue.
- Gross margin
- 78.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £702k
- Revenue ÷ average employees.
- Profit per employee
- £365k
- 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
- ▲18%
- Now 33
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £12m), 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.