LOCAL PARTNERSHIPS LLP
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-15 (in 2mo)
Last made up 2025-07-01
Watchouts
None on the register
Cash
£3M
-20.8% vs 2024
Net assets
£13M
+5.4% vs 2024
Employees
86
+1.2% vs 2024
Profit before tax
£908K
+75.3% vs 2024
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £11,152,000 | £12,636,000 | |
| Operating profit | £314,000 | £644,000 | |
| Profit before tax | £518,000 | £908,000 | |
| Net profit | £518,000 | £908,000 | |
| Cash | £4,025,000 | £3,189,000 | |
| Total assets less current liabilities | £12,005,000 | £12,655,000 | |
| Net assets | £12,005,000 | £12,655,000 | |
| Equity | £12,005,000 | £12,655,000 | |
| Average employees | 85 | 86 | |
| Wages | £6,391,000 | £7,167,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 2.8% | 5.1% | |
| Net margin | 4.6% | 7.2% | |
| Return on capital employed | 2.6% | 5.1% | |
| Gearing (liabilities / total assets) | 13.7% | 13.9% | |
| Current ratio | 7.27x | 7.19x |
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
- Standalone (parent only)
- Auditor
- Williamson & Croft Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements are authorised for issue.”
Group structure
- LOCAL PARTNERSHIPS LLP · parent
- 4ps 100%
Significant events
- “This year has seen a number of valued, long-standing Board colleagues reach the end of their terms and we have welcomed new faces who bring enthusiasm, challenge and experience.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COMMISSIONERS OF HER MAJESTY'S TREASURY | Corporate Llp Designated Member | 2010-08-01 | — | — |
| LOCAL GOVERNMENT ASSOCIATION | Corporate Llp Designated Member | 2019-04-01 | — | — |
| WELSH MINISTERS | Corporate Llp Member | 2018-01-22 | — | — |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| 4PS LIMITED | Corporate Llp Designated Member | 2009-07-01 | 2009-08-19 |
| LOCAL GOVERNMENT ASSOCIATION | Corporate Llp Designated Member | 2009-08-19 | 2019-03-31 |
| PARTNERSHIPS UK PLC | Corporate Llp Designated Member | 2009-07-01 | 2010-08-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Commissioners Of Her Majesty's Treasury | Legal person | voting-rights-25-to-50-percent-limited-liability-partnership, significant-influence-or-control-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership | 2016-07-01 | Active |
| Local Government Association | Legal person | voting-rights-25-to-50-percent-limited-liability-partnership, significant-influence-or-control-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership | 2016-07-01 | Active |
Filing timeline
Last 20 of 48 total filings
Material constitutional events — rename, articles re-file, resolution
- 2018-09-27 LLDE01 Change of status limited liability partnership
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-07-03 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-28 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-16 | AA | accounts | Accounts with accounts type full | |
| 2023-07-04 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-08 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-05 | AA | accounts | Accounts with accounts type full | |
| 2021-07-06 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-06 | AA | accounts | Accounts with accounts type full | |
| 2020-07-01 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-08 | AA | accounts | Accounts with accounts type full | |
| 2019-07-12 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-04-09 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2019-04-09 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2019-02-05 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2018-12-06 | AA | accounts | Accounts with accounts type full | |
| 2018-09-27 | LLDE01 | change-of-name | Change of status limited liability partnership | |
| 2018-07-16 | LLCS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+13.3%
£11,152,000 £12,636,000
-
Cash
-20.8%
£4,025,000 £3,189,000
-
Net assets
+5.4%
£12,005,000 £12,655,000
-
Employees
+1.2%
85 86
-
Operating profit
+105.1%
£314,000 £644,000
-
Profit before tax
+75.3%
£518,000 £908,000
-
Wages
+12.1%
£6,391,000 £7,167,000
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