AGE PARTNERSHIP LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -22.1%

  £25,903,000 → £20,191,000

• Cash

  -46.7%

  £390,000 → £208,000

• Net assets

  -151.1%

  -£1,406,000 → -£3,530,000

• Employees

  -25.8%

  291 → 216

• Operating profit

  +51.6%

  -£4,593,000 → -£2,224,000

• Profit before tax

  +38.3%

  -£4,378,000 → -£2,703,000

• Wages

  -22%

  £10,265,000 → £8,011,000

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

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.

1. AGE PARTNERSHIP LIMITED 2004-12-07 → present
2. AGE SUPPORT LIMITED 2004-11-08 → 2004-12-07
3. ELMETE FINANCIAL SERVICES LIMITED 2004-10-21 → 2004-11-08

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have formed a judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. AGE PARTNERSHIP LIMITED · parent
   1. Age Assist Limited 100% · UK · Provision of services in relation to estate planning, including Lasting Powers of Attorney, will writing services and funeral plans.
   2. Age Lifetime Limited 100% · UK · No longer trading
   3. Simply Lifetime Mortgages Limited 100% · UK · Provision of equity release advice services to customers via a B2B partnership arrangement
   4. The Marketing Lab Limited 100% · UK · Dormant

Significant events

• “We are aware that the Supreme Court is due to hear a case in early April 2025 on undisclosed commissions in the motor finance sector. While this does not directly affect the Company, the Supreme Court's decision expected in mid-2025 could have wider implications on other commission-based models.”
• “Costs during the year in restructuring the businesses totalled £181k (2023: £851k). Compensation for loss of office of statutory directors of group companies totalled £121k during 2024 (2023: £99k).”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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