PALATINE PRIVATE EQUITY LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-27 (in 8mo)
Last made up 2026-01-13
Watchouts
None on the register
Cash
£3M
-21.6% vs 2023
Net assets
£2M
+21.5% vs 2023
Employees
38
+5.6% vs 2023
Profit before tax
£4M
+31.6% vs 2023
Name history
Renamed 1 time since incorporation
- PALATINE PRIVATE EQUITY LLP 2010-12-08 → present
- ZEUS PRIVATE EQUITY LLP 2005-10-04 → 2010-12-08
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £10,841,004 | £12,050,986 | |
| Operating profit | £2,720,384 | £2,799,518 | |
| Profit before tax | £2,856,874 | £3,758,672 | |
| Net profit | £2,856,874 | £3,758,672 | |
| Cash | £3,851,847 | £3,020,936 | |
| Total assets less current liabilities | £1,642,730 | £1,995,971 | |
| Net assets | £1,642,730 | £1,995,971 | |
| Equity | £1,642,730 | £1,995,971 | |
| Average employees | 36 | 38 | |
| Wages | £4,178,440 | £4,492,792 |
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 | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 25.1% | 23.2% | |
| Net margin | 26.4% | 31.2% | |
| Return on capital employed | 165.6% | 140.3% | |
| Gearing (liabilities / total assets) | 65.1% | 61.8% | |
| Current ratio | 1.43x | 1.54x | |
| Interest cover | 2076.63x | 1537.35x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The members believe that the group is well placed to manage its business risks successfully despite the current uncertain economic outlook. The financial position of the group is stable, with adequate levels of cash. The group has no external borrowings or any other material financial commitments other than those already disclosed in the financial statements. Having prepared forecasts, including assessing highly stressed scenarios, the members have a reasonable expectation that the group has adequate resources to continue in operational existence for the next 12 months and beyond. Accordingly, they continue to adopt the going concern basis in preparing the annual report and consolidated financial statements.”
Group structure
- PALATINE PRIVATE EQUITY LLP · parent
- Zeus Private Equity (GP) Limited 100%
- Palatine Scotland (GP) Limited 100%
- Palatine II Scots (GP) Limited 100%
- Palatine Feeder GP Limited 100%
- Palatine Growth Credit LLP 75%
- Palatine GP II LLP 100%
- Palatine GP III LLP 100%
- Palatine Impact GP LLP 100%
- Palatine Impact GP II LLP 100%
- Palatine NWCI GP LLP 100%
- Palatine Founder Partner GP LLP 100%
- Palatine GP IV LLP 100%
- Palatine IV Co-Invest GP LLP 100%
- Palatine Impact II Co-Invest GP LLP 100%
- Palatine Growth Credit (GP) Limited 75%
- Palatine Growth Credit Scotland (GP) Limited 75%
- Palatine Growth Credit GP I LLP 75%
- PGC GP LLP 75%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DICKIN, Anthony John | Llp Designated Member | 2006-10-12 | Mar 1970 | — |
| FAZAKERLEY, Edmund | Llp Designated Member | 2005-10-04 | Mar 1969 | — |
| HOUGHTON, Beth Clare | Llp Designated Member | 2017-01-01 | Apr 1974 | — |
| LEES, Andrew John | Llp Designated Member | 2015-09-01 | Nov 1964 | — |
| TIPPER, Gary William | Llp Designated Member | 2005-10-04 | Jul 1963 | — |
| CLARKSON, Alexander James | Llp Member | 2010-11-29 | Jul 1974 | — |
| COWLES, Nick | Llp Member | 2010-11-29 | Oct 1980 | — |
| CURRIE, Ian William | Llp Member | 2010-11-29 | Nov 1961 | — |
| HUGHES, Richard Ian | Llp Member | 2010-11-29 | May 1968 | — |
| ZEUS PE LIMITED | Corporate Llp Member | 2010-11-29 | — | — |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLEMENTS, Zoe | Llp Designated Member | 2018-01-01 | 2021-02-24 |
| ZEUS GROUP LTD | Corporate Llp Designated Member | 2006-10-08 | 2010-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gary William Tipper | 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 86 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-06-10 | AA | accounts | Accounts with accounts type group | |
| 2025-01-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | AA | accounts | Accounts with accounts type group | |
| 2024-01-18 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-10 | AA | accounts | Accounts with accounts type group | |
| 2023-01-16 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-08 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-12-05 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-12-05 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-05-09 | AA | accounts | Accounts with accounts type group | |
| 2022-01-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-10 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2021-08-10 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2021-06-10 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2021-06-10 | LLCH01 | officers | Change person member limited liability partnership with name change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+11.2%
£10,841,004 £12,050,986
-
Cash
-21.6%
£3,851,847 £3,020,936
-
Net assets
+21.5%
£1,642,730 £1,995,971
-
Employees
+5.6%
36 38
-
Operating profit
+2.9%
£2,720,384 £2,799,518
-
Profit before tax
+31.6%
£2,856,874 £3,758,672
-
Wages
+7.5%
£4,178,440 £4,492,792
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