ARETE RESEARCH SERVICES LLP

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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-11-06 (in 6mo)

Last made up 2025-10-23

Watchouts

None on the register

Cash

£4M

+48.3% vs 2024

Net assets

£2M

+16.6% vs 2024

Employees

+11.1% vs 2024

Profit before tax

£3M

+6.1% vs 2024

Net assets

2-year trend · vs Unclassified median

ARETE RESEARCH SERVICES LLP·Unclassified median · n=158

Accounts

2-year trend · latest reflected 2025-03-31

Metric	2024-03-31	2025-03-31
Turnover	£9,835,259	£10,791,431
Operating profit	£3,122,858	£3,312,801
Profit before tax	£3,130,285	£3,320,903
Net profit	£3,056,038	£3,196,690
Cash	£2,577,480	£3,823,299
Total assets less current liabilities	£1,918,756	£2,237,358
Net assets	£1,918,756	£2,237,358
Equity	£1,918,756	£2,237,358
Average employees	27	30
Wages	£3,807,677	£4,679,474

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2024-03-31	2025-03-31
Operating margin	31.8%	30.7%
Net margin	31.1%	29.6%
Return on capital employed	162.8%	148.1%
Current ratio	1.79x	1.66x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Consolidated group
Auditor: HaysMac LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The LLP has reviewed its cash flow forecasts and considered the impact on going concern, concluding that the going concern basis remains an appropriate basis of preparation for these financial statements given the cash flow impact of operations 12 months from the date of signing this report.”

Group structure

ARETE RESEARCH SERVICES LLP · parent
1. Arete Research Asia Limited 100% · Hong Kong
2. Arete Asia Research Limited 100% · England & Wales · dormant
3. Arete Research LLC 100% · United States · providing research services to US fund managers, and is registered with the Securities and Exchange Commission ('SEC') as a broker-dealer and is a member of the Financial Industry Regulatory Authority ('FINRA')
4. Arete Research South Africa (Pty) Limited 100% · South Africa

Significant events

“On 18 November 2024, the LLP's auditors changed their name from Haysmacintyre LLP to HaysMac LLP.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

8 active · 28 resigned

Name	Role	Appointed	Born	Nationality
ASHWORTH, Julia Kathryn Anne	Llp Designated Member	2011-01-06	Dec 1966	—
BEALE, Andrew Charles Robert	Llp Designated Member	2003-09-01	May 1966	—
KRAMER, Richard	Llp Designated Member	2002-10-23	Feb 1966	—
EL MOUDNI, Zahra	Llp Member	2008-04-01	Jan 1974	—
FONTANELLI, James Edward	Llp Member	2002-10-23	Jun 1970	—
KIM, Nam Hyung	Llp Member	2013-04-01	Jul 1970	—
SHEPHERD, Adam John	Llp Member	2009-05-11	Jul 1971	—
SIMPSON, Brett	Llp Member	2002-10-23	Jan 1974	—

Show 28 resigned officers

Name	Role	Appointed	Resigned
SMITHSON, Robert Christopher	Llp Designated Member	2002-10-23	2004-08-06
TORY, Harriet Newton Elizabeth	Llp Designated Member	2002-10-23	2005-11-18
ANDERSON, Nicholas John Farquhar	Llp Member	2010-01-18	2010-08-16
BUCKLEY, Elizabeth	Llp Member	2002-10-23	2010-03-31
CIRAOLO, Paul	Llp Member	2002-10-23	2004-04-30
DILLON, Michael	Llp Member	2002-10-23	2005-07-29
GARDINER, Dan Robin	Llp Member	2010-08-01	2015-07-31
GRAZIANO, Anthony Walter	Llp Member	2010-08-13	2018-02-05
HOLLAND, Jane Claire	Llp Member	2002-10-23	2004-04-30
KOBAL, Michael	Llp Member	2007-01-19	2008-02-15
MACDONALD, Murray Ralph	Llp Member	2002-10-23	2004-09-30
MALCOLM, Stephen Paul	Llp Member	2012-01-05	2019-01-04
MALCOLM, Stephen Paul	Llp Member	2003-09-01	2009-08-05
MAUNDER-TAYLOR, Timothy John	Llp Member	2018-07-02	2019-06-14
MAURICIO, Jason Michael	Llp Member	2002-10-23	2011-04-08
MILLER, Anthony Elliot	Llp Member	2004-10-04	2008-08-29
MILNER, William	Llp Member	2005-09-19	2018-12-17
O'MARA, Conor John Francis	Llp Member	2002-10-23	2005-07-29
PERFECT, Charlotte Lucy, Dr	Llp Member	2019-08-05	2021-08-12
PHILLIPS, Robert Gerard	Llp Member	2004-08-19	2008-02-07
REYNOLDS, David Malcolm	Llp Member	2006-06-19	2018-11-07
ROTHE, Peter William	Llp Member	2018-12-11	2022-12-01
RUSLING, Brian William	Llp Member	2010-05-10	2011-01-14
SILVER, Scott	Llp Member	2019-01-01	2021-10-08
SILVERMAN, Joel	Llp Member	2010-08-01	2011-08-31
SIMPSON, Lee John	Llp Member	2004-06-07	2006-04-30
TSANG, Daegal	Llp Member	2007-08-13	2010-03-31
WALKER, Tarran Peter	Llp Member	2008-04-01	2020-12-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Richard Kramer	Individual	voting-rights-25-to-50-percent-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership	2016-04-06	Active

Filing timeline

Last 20 of 175 total filings

Date	Type	Category	Description
2025-12-17	AA	accounts	Accounts with accounts type group
2025-10-23	LLCS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-02-04	LLCH01	officers	Change person member limited liability partnership with name change date	PDF
2025-01-31	LLCH01	officers	Change person member limited liability partnership with name change date	PDF
2024-12-05	AA	accounts	Accounts with accounts type group
2024-11-14	LLCS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-12-29	AA	accounts	Accounts with accounts type group
2023-10-25	LLCS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-07-17	LLAD01	address	Change registered office address limited liability partnership with date old address new address	PDF
2023-07-16	LLAD01	address	Change registered office address limited liability partnership with date old address new address	PDF
2023-03-28	LLTM01	officers	Termination member limited liability partnership with name termination date	PDF
2022-12-19	AA	accounts	Accounts with accounts type group
2022-11-10	LLCS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-12-15	AA	accounts	Accounts with accounts type group
2021-11-09	LLCS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-10-14	LLTM01	officers	Termination member limited liability partnership with name termination date	PDF
2021-08-27	LLTM01	officers	Termination member limited liability partnership with name termination date	PDF
2021-02-01	LLPSC04	persons-with-significant-control	Change to a person with significant control limited liability partnership	PDF
2021-01-19	LLTM01	officers	Termination member limited liability partnership with name termination date	PDF
2020-12-19	AA	accounts	Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Turnover

+9.7%

£9,835,259 £10,791,431
Cash

+48.3%

£2,577,480 £3,823,299
Net assets

+16.6%

£1,918,756 £2,237,358
Employees

+11.1%

27 30
Operating profit

+6.1%

£3,122,858 £3,312,801
Profit before tax

+6.1%

£3,130,285 £3,320,903
Wages

+22.9%

£3,807,677 £4,679,474

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page