NEWABLE PARTNERSHIP LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-27 (in 4mo)
Last made up 2025-09-13
Watchouts
None on the register
Cash
£12M
+56.4% vs 2024
Net assets
£40M
-13% vs 2024
Employees
1,038
-6.9% vs 2024
Profit before tax
-£6M
+53.3% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £150,990,000 | £155,563,000 | |
| Operating profit | £10,865,000 | £18,035,000 | |
| Profit before tax | -£13,430,000 | -£6,277,000 | |
| Net profit | -£11,286,000 | -£4,045,000 | |
| Cash | £7,569,000 | £11,839,000 | |
| Total assets less current liabilities | £114,314,000 | £134,311,000 | |
| Net assets | £45,848,000 | £39,904,000 | |
| Equity | £45,848,000 | £39,904,000 | |
| Average employees | 1,115 | 1,038 | |
| Wages | £30,491,000 | £30,229,000 | |
| Directors' remuneration | £1,815,000 | £954,000 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+3%
£150,990,000 £155,563,000
-
Cash
+56.4%
£7,569,000 £11,839,000
-
Net assets
-13%
£45,848,000 £39,904,000
-
Employees
-6.9%
1,115 1,038
-
Operating profit
+66%
£10,865,000 £18,035,000
-
Profit before tax
+53.3%
-£13,430,000 -£6,277,000
-
Wages
-0.9%
£30,491,000 £30,229,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 7.2% | 11.6% | |
| Net margin | -7.5% | -2.6% | |
| Return on capital employed | 9.5% | 13.4% | |
| Gearing (liabilities / total assets) | 74.0% | 80.6% | |
| Current ratio | 1.20x | 1.03x | |
| Interest cover | 1.18x | 1.77x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- S&W Partners Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the Group is well placed to manage its financing and other business risks satisfactorily and have an expectation that the Group will have adequate resources to continue to operate for the foreseeable future. They therefore consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- NEWABLE PARTNERSHIP LIMITED · parent
- Newable Trade (London) Limited 100%
- Barnsley Business and Innovation Centre Limited 50%
- Bold Tech Ventures Limited 60%
- Oasis Coffins Limited 99%
- Arc Building Solutions Limited 64%
- OJ Health and Safety Solutions Limited 41%
- Clarius Business Services Limited 41%
Significant events
- “Disposed of majority stake in Dancerace, the award-winning receivables finance software platform for business lenders.”
- “JC Atkinson acquired Oasis Coffins Ltd., a prominent name in the funeral industry.”
- “Closed unprofitable Broking business in December 2024.”
- “ARC Building Solutions expanded its product offering, entering the retrofit market for the first time.”
- “Newable Partnership Limited entered into a £25 million revolving loan facility agreement for a term of 5 years (post balance sheet event).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THOMPSON, Robert Charles | Secretary | 2024-02-26 | — | — |
| MACLENNAN, Angus Gillies | Director | 2023-01-31 | Dec 1955 | British |
| MANSON, Christopher John | Director | 2022-09-14 | Feb 1967 | British |
| SHARP, Vanessa Anne | Director | 2023-01-31 | Aug 1966 | British |
| THOMPSON, Robert Charles | Director | 2022-09-14 | Oct 1972 | British |
| WHITEFIELD, Monica Bridget | Director | 2023-01-31 | May 1966 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WALSH, Michael Bernard | Secretary | 2023-01-31 | 2024-02-15 |
| COLLIS, Peter George | Director | 2023-01-31 | 2023-09-30 |
| HOPKINS, Jack William | Director | 2023-01-31 | 2023-09-30 |
| KARIM, Mashudul | Director | 2023-01-31 | 2023-09-30 |
| NICHOLSON, Guy | Director | 2023-01-31 | 2023-09-30 |
| WALSH, Michael Bernard | Director | 2023-01-31 | 2023-09-30 |
| WATTS, Anne Margaret | Director | 2023-01-31 | 2023-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Christopher John Manson | Individual | Shares 25–50%, Voting 25–50% | 2022-09-14 | Active |
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-04 | AA | accounts | Accounts with accounts type group | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-13 | SH01 | capital | Capital allotment shares | |
| 2025-07-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-30 | AAMD | accounts | Accounts amended with accounts type group | |
| 2024-12-04 | AA | accounts | Accounts with accounts type group | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-02-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-13 | AA | accounts | Accounts with accounts type group | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-28 | SH01 | capital | Capital allotment shares | |
| 2023-06-12 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- 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.