Next Level Swimming LLP
Registered name: NEXT LEVEL SWIMMING LLP
Next Level Swimming LLP made £604k revenue and £334k profit in the year to 31 Jul 2025.
Next Level Swimming LLP’s revenue grew 20% to £604k in the year to 31 Jul 2025, with £334k profit and 35 employees. The company is based in Hemel Hempstead; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hemel Hempstead, South East
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £505k | £604k |
| Cost of sales | — | — | £47.3k | £125k |
| Gross profit | — | — | £457k | £479k |
| Profit after tax | — | — | £319k | £334k |
| Profit (best available) | — | — | £319k | £334k |
| Employees (average) | 21 | 30 | 28 | 35 |
| Ratios | ||||
| Profit margin | — | — | 63.2% | 55.2% |
| Gross margin | — | — | 90.6% | 79.3% |
| Revenue per employee | — | — | £18k | £17.3k |
| Profit per employee | — | — | £11.4k | £9.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲19.8% |
| Profit growth | — | — | — | ▲4.6% |
| Headcount growth | — | ▲42.9% | ▼6.7% | ▲25% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £164k | £279k | £326k | £399k |
| Net assets | — | — | — | — |
| Fixed assets | £1.4k | £1.6k | £1.8k | £1.3k |
| Current assets | £165k | £280k | £348k | £420k |
| Debtors | £1.8k | £1.9k | £21.2k | £21.5k |
| Deferred income | £118k | £189k | £180k | £224k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 55.2%
- Profit ÷ revenue.
- Gross margin
- 79.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £17.3k
- Revenue ÷ average employees.
- Profit per employee
- £9.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 37%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- 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
- ▲22%
- Now £399k
- Headcount
- ▲25%
- Now 35
- Deferred income
- ▲24%
- Now £224k
- Fixed assets
- ▼27%
- Now £1.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £334k), from the Companies House accounts bulk data published Jan 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.