Envoy & Partners Limited
Registered name: ENVOY & PARTNERS LIMITED
Part of Envoy Capital Management Limited groupEnvoy & Partners Limited made £330k revenue and £1m profit in the year to 31 Jan 2024.
Envoy & Partners Limited’s revenue grew 16400% to £330k in the year to 31 Jan 2024, with £1m profit and 3 employees. The company is classified under “other business support service activities” and is based in Aberdeen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 7 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. 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: “Envoy Group Holdings Limited”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £319k | £2k | £330k |
| Cost of sales | £201k | £39k | £11k |
| Gross profit | £118k | −£37k | £319k |
| Operating profit | −£88k | −£1.3m | −£118k |
| Profit before tax | £1.8m | £58.6m | £1.2m |
| Profit after tax | £1.8m | £58.3m | £1m |
| Profit (best available) | £1.8m | £58.3m | £1m |
| Staff costs | £586k | £422k | £153k |
| Employees (average) | 11 | 11 | 3 |
| Ratios | |||
| Profit margin | 567.7% | 2915550% | 310.9% |
| Gross margin | 37% | −1850% | 96.7% |
| Revenue per employee | £29k | £182 | £110k |
| Profit per employee | £165k | £5.3m | £342k |
| Growth (year on year) | |||
| Revenue growth | — | ▼99.4% | ▲16400% |
| Profit growth | — | ▲3120% | ▼98.2% |
| Headcount growth | — | 0% | ▼72.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £62k | £1.7m | £0 |
| Net assets | £24.8m | £39.2m | £38.9m |
| Fixed assets | £32m | £32.1m | £32m |
| Current assets | £22m | £10.7m | £7.6m |
| Debtors | £12k | £397k | £32k |
| Deferred income | £205k | £212k | £1k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 310.9%
- Profit ÷ revenue.
- Gross margin
- 96.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £110k
- Revenue ÷ average employees.
- Profit per employee
- £342k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9706%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- ▼1%
- Now £38.9m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▼73%
- Now 3
- Deferred income
- ▼100%
- Now £1k
- Fixed assets
- ▼0%
- Now £32m
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
- Envoy Capital Management Limitedultimate parent75–100%
- Envoy Group Holdings Limited75–100%
- Envoy & Partners Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- GQS Group LimitedFigures not disclosed
- GQS-UK LimitedFigures not disclosed
- Modutec Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £1m), from the Companies House accounts bulk data published Jan 2025. 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.