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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-05-21 (this month)

Last made up 2025-05-07

Watchouts

None on the register

Cash

£716K

-37.8% vs 2024

Net assets

£2M

+18.5% vs 2024

Employees

850

-22.9% vs 2024

Profit before tax

£1M

-12.3% vs 2024

Accounts

5-year trend · latest reflected 2025-03-31

Metric Trend 2021-03-312022-03-312023-03-312024-03-312025-03-31
Turnover £29,680,989£24,512,208
Operating profit £1,617,727£1,419,415
Profit before tax £1,617,727£1,419,415
Net profit £1,199,650£1,056,880
Cash £1,150,920£715,874
Total assets less current liabilities £1,761,130£2,079,935
Net assets £1,747,338£2,069,735
Equity £1,747,338£2,069,735
Average employees 1,102850
Wages £24,796,078£20,136,276
Directors' remuneration £50,280£50,280

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2021-03-312022-03-312023-03-312024-03-312025-03-31
Operating margin 5.5%5.8%
Net margin 4.0%4.3%
Return on capital employed 91.9%68.2%
Gearing (liabilities / total assets) 58.6%53.3%
Current ratio 1.69x1.87x

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.

Name history

Renamed 1 time since incorporation

  1. GEM PARTNERSHIP LIMITED 2009-10-06 → present
  2. TORSO LIMITED 2009-06-11 → 2009-10-06

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Robson Laidler Accountants Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 company'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. GEM PARTNERSHIP LIMITED · parent
    1. GEM Training Limited 100% · England & Wales

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

People

4 active · 2 resigned

Name Role Appointed Born Nationality
DUNBAR, Robert Anthony Director 2009-09-25 Jun 1968 British
MILLER, Ian Director 2009-09-25 Sep 1979 British
MILLER, Maria Luisa Director 2009-09-25 Nov 1981 British
RANKIN, Lee John Director 2009-09-25 Jan 1970 British
Show 2 resigned officers
Name Role Appointed Resigned
BOYES, Paul Secretary 2009-06-11 2009-09-25
BOYES, Wendy Director 2009-06-11 2009-09-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Robert Anthony Dunbar Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active
Kinetic Holdings Limited Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Active
Mr Ian Miller Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active
Mrs Lynsey Dunbar Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active
Mrs Maria Luisa Miller Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 106 total filings

Date Type Category Description
2025-08-14 AA accounts Accounts with accounts type full PDF
2025-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-09 AA accounts Accounts with accounts type full PDF
2024-07-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-09 AA accounts Accounts with accounts type full PDF
2023-06-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-27 AA accounts Accounts with accounts type group PDF
2022-06-24 CS01 confirmation-statement Confirmation statement with updates PDF
2022-06-24 PSC05 persons-with-significant-control Change to a person with significant control PDF
2021-10-02 AA accounts Accounts with accounts type group
2021-09-27 AA01 accounts Change account reference date company previous extended PDF
2021-09-01 CH01 officers Change person director company with change date PDF
2021-09-01 CH01 officers Change person director company with change date PDF
2021-09-01 CH01 officers Change person director company with change date PDF
2021-09-01 CH01 officers Change person director company with change date PDF
2021-06-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-22 PSC04 persons-with-significant-control Change to a person with significant control PDF
2021-06-22 PSC04 persons-with-significant-control Change to a person with significant control PDF
2021-06-22 CH01 officers Change person director company with change date PDF
2021-06-22 CH01 officers Change person director company with change date 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.

Official Companies House page