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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-01 (in 7mo)

Last made up 2025-11-17

Watchouts

None on the register

Cash

£3M

+38.6% vs 2023

Net assets

£2M

-27.1% vs 2023

Employees

7

-22.2% vs 2023

Profit before tax

£3M

-15.2% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £7,217,874£7,949,818
Operating profit £3,422,168£2,868,849
Profit before tax £3,442,355£2,920,172
Net profit £3,381,710£2,840,928
Cash £1,857,334£2,574,164
Total assets less current liabilities £2,858,113£2,542,196
Net assets £2,858,113£2,084,041
Equity £2,858,113£2,084,041
Average employees 97
Wages £947,246£1,181,410

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 2023-12-312024-12-31
Operating margin 47.4%36.1%
Net margin 46.9%35.7%
Return on capital employed 119.7%112.8%
Current ratio 1.69x1.64x

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
PricewaterhouseCoopers CI LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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 group's and the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. KENNET ADVISORS LLP · parent
    1. Kennet Capital Management (Guernsey) Limited 100% · Guernsey · Holding entity
    2. KSP V Management (Luxembourg) S.à r.l. 100% · Luxembourg · General Partner
    3. KSP VI Management (Luxembourg) S.à r.l. 100% · Luxembourg · General Partner
    4. Kennet Venture Holdings LLC 100% · USA · Holding entity
    5. Kennet Partners Limited 100% · London · Investment Advisor
    6. Kennet Partners II LLP 89% · London · Dormant
    7. Kennet III GP Ltd 100% · Guernsey · General Partner
    8. Kennet IV GP Ltd 100% · Guernsey · General Partner
    9. Kennet III General Partner LLP 100% · Guernsey · General Partner
    10. Kennet Capital Ltd 100% · London · Dormant

Significant events

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
ELIAS, Michael Stafford Llp Designated Member 2017-11-23 Oct 1959
ZIDEL, Hillel Louis Llp Designated Member 2017-11-23 Sep 1976

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Michael Stafford Elias Individual voting-rights-25-to-50-percent-limited-liability-partnership 2017-11-23 Active
Mr Hillel Louis Zidel Individual voting-rights-25-to-50-percent-limited-liability-partnership 2017-11-23 Active

Filing timeline

Last 20 of 22 total filings

Date Type Category Description
2025-11-17 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-20 AA accounts Accounts with accounts type group
2024-12-16 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-04 AA accounts Accounts with accounts type group
2023-11-28 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-22 AA accounts Accounts with accounts type group
2022-11-17 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-11 AA accounts Accounts with accounts type full
2021-11-22 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2021-07-14 AA accounts Accounts with accounts type full
2020-11-23 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2020-06-08 AA accounts Accounts with accounts type full
2020-03-09 LLCH01 officers Change person member limited liability partnership with name change date PDF
2020-03-09 LLCH01 officers Change person member limited liability partnership with name change date PDF
2020-03-09 LLPSC04 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2020-03-09 LLPSC04 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2019-12-03 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2019-08-20 AA accounts Accounts with accounts type dormant
2019-03-22 LLAA01 accounts Change account reference date limited liability partnership previous extended PDF
2018-12-20 LLAD01 address Change registered office address limited liability partnership with date old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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