THÉLÈME PARTNERS LLP
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-12 (in 4mo)
Last made up 2025-08-29
Watchouts
None on the register
Cash
£2M
+1.9% vs 2024
Net assets
£5M
-8.3% vs 2024
Employees
7
0% vs 2024
Profit before tax
—
Period ending 2025-03-31
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 | £37,858,140 | £35,885,833 | |
| Operating profit | £32,360,547 | £29,481,949 | |
| Profit before tax | — | — | |
| Net profit | £32,236,933 | £29,411,039 | |
| Cash | £1,855,261 | £1,890,250 | |
| Total assets less current liabilities | — | — | |
| Net assets | £5,182,987 | £4,753,052 | |
| Equity | £5,182,987 | £4,753,052 | |
| Average employees | 7 | 7 | |
| Wages | — | — |
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 | 85.5% | 82.2% | |
| Net margin | 85.2% | 82.0% | |
| Current ratio | 220.17x | 12.08x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The LLP has sufficient liquid resources and the business has ongoing investment management contracts. The members therefore believe that the LLP has sufficient financial resources to meet its obligations and liabilities as they fall due and to continue in operational existence for the foreseeable future, being a period at least 12 months from the date that these financial statements.”
Significant events
- “Geopolitical events, have and may continue to adversely impact global commercial activity and contribute to volatility in the financial markets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARY-ELWES, Lucy, Ms. | Llp Designated Member | 2010-01-04 | Apr 1974 | — |
| THÉLÈME SERVICES LIMITED | Corporate Llp Designated Member | 2009-08-03 | — | — |
| AHMADULLAH, Zafar | Llp Member | 2015-05-01 | Jun 1973 | — |
| KEOUGH, J Timothy | Llp Member | 2010-01-04 | Apr 1979 | — |
| SHAH, Parus Mahendra | Llp Member | 2014-02-01 | May 1974 | — |
| SHERIDAN, John Brinsley | Llp Member | 2010-01-04 | Apr 1981 | — |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEGORCE, Patrick | Llp Designated Member | 2009-08-03 | 2018-03-22 |
| HATTINK, Oscar Alexander | Llp Member | 2011-09-01 | 2016-12-31 |
| LE MASTERS, Robb Alan | Llp Member | 2010-01-04 | 2011-10-01 |
| SOANE, James | Llp Member | 2021-04-01 | 2025-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Patrick Degorce | Individual | voting-rights-75-to-100-percent-limited-liability-partnership, right-to-appoint-and-remove-members-limited-liability-partnership | 2016-04-06 | Ceased 2018-03-22 |
| Theleme Services Limited | Corporate entity | voting-rights-50-to-75-percent-as-firm-limited-liability-partnership, right-to-appoint-and-remove-members-as-firm-limited-liability-partnership | 2016-04-06 | Active |
Filing timeline
Last 20 of 63 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-09-03 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-04 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2024-12-16 | AA | accounts | Accounts with accounts type full | |
| 2024-11-07 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-11-07 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-11-07 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-11-07 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2024-09-10 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-17 | AA | accounts | Accounts with accounts type full | |
| 2023-09-04 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-13 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2023-01-03 | AA | accounts | Accounts with accounts type full | |
| 2022-09-06 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-02 | AA | accounts | Accounts with accounts type full | |
| 2021-09-10 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-17 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2021-04-08 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2021-01-07 | AA | accounts | Accounts with accounts type full | |
| 2020-09-17 | 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
- 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
-5.2%
£37,858,140 £35,885,833
-
Cash
+1.9%
£1,855,261 £1,890,250
-
Net assets
-8.3%
£5,182,987 £4,753,052
-
Employees
0%
7 7
-
Operating profit
-8.9%
£32,360,547 £29,481,949
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