OPENWORK PARTNERSHIP LLP
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Cash
£104M
-4.3% vs 2023
Net assets
£261M
-3.5% vs 2023
Employees
707
-3.9% vs 2023
Profit before tax
£3.9M
+135% vs 2023
Net assets
2-year trend · vs Unclassified median
OPENWORK PARTNERSHIP LLP·Unclassified median
OPENWORK PARTNERSHIP LLP·Unclassified median
OPENWORK PARTNERSHIP LLP·Unclassified median
OPENWORK PARTNERSHIP LLP·Unclassified median
OPENWORK PARTNERSHIP LLP·Unclassified median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £517,632,000 | £580,023,000 | +12.1% | |
| Operating profit | -£2,364,000 | -£1,111,000 | +53% | |
| Profit before tax | £1,669,000 | £3,922,000 | +135% | |
| Net profit | -£1,409,000 | -£2,501,000 | -77.5% | |
| Cash | £108,868,000 | £104,227,000 | -4.3% | |
| Total assets less current liabilities | £351,331,000 | £341,431,000 | -2.8% | |
| Net assets | £270,179,000 | £260,857,000 | -3.5% | |
| Equity | £270,048,000 | £260,729,000 | -3.5% | |
| Average employees | 736 | 707 | -3.9% | |
| Wages | £46,087,000 | £50,813,000 | +10.3% | |
| Directors' remuneration | £427,000 | £431,000 | +0.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -0.5% | -0.2% | |
| Net margin | -0.3% | -0.4% | |
| Return on capital employed | -0.7% | -0.3% | |
| Gearing (liabilities / total assets) | 38.7% | 39.7% | |
| Current ratio | 1.76x | 1.75x | |
| Interest cover | -1.64x | -0.84x |
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
- OPENWORK PARTNERSHIP LLP 2005-04-19 → present
- OPENWORKS PARTNERSHIP LLP 2005-03-18 → 2005-04-19
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers 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
- OPENWORK PARTNERSHIP LLP · parent
- Openwork Holdings Limited 90%
- Openwork Limited 100%
- Openwork Services Limited 100%
- Openwork Access Limited 100%
- Omnis Investments Limited 100%
- Openwork Wealth Services Limited 100%
- Openwork Independent Solutions Limited 100%
- Lydiard Fields Business Park Management Limited 61.3%
- 2 Plan Group Limited 100%
- 2 Plan Limited 100%
- Figure Out Limited 100%
- 2 Plan Wealth Management Limited 100%
- Group Plan Services Limited 100%
Significant events
- “On 27 May 2025, the Openwork Partnership LLP announced the completion of the transaction under which Bain Capital has taken a minority shareholding in Openwork Holdings Limited, a subsidiary of the Company.”
- “On 6 June 2025 Openwork Access Limited, a wholly owned subsidiary of the Group, acquired Milecross Financial Solutions Limited, a company limited by shares and domiciled in the United Kingdom having its registered office at 42 Milecross Road, Newtownards, Down, BT23 4SR. The fair value of total consideration payable in respect of the transaction is estimated to be £24.9m, including £16.1m for initial consideration, which was paid in cash at completion, and a fair value of £8.8m for deferred consideration, which is contingent on the business meeting certain financial targets post-acquisition. The associated accounting for the transaction remains in progress at the report date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
100 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATWAL, Sukhdeep Kaur | Llp Designated Member | 2022-08-01 | Mar 1978 | — |
| BARTHOLOMEW, Stephen | Llp Designated Member | 2018-03-20 | May 1977 | — |
| FERNQUEST, Luke William | Llp Designated Member | 2015-10-12 | Apr 1986 | — |
| GRAY, Clifford Stanley | Llp Designated Member | 2016-10-24 | Nov 1960 | — |
| GRAY, Paul Andrew Hathaway, Mr. | Llp Designated Member | 2010-01-01 | Aug 1978 | — |
| MISKIMMIN, John David Mark | Llp Designated Member | 2018-03-19 | Feb 1965 | — |
| WILLIAMS, Marie Elaine | Llp Designated Member | 2023-07-26 | Nov 1979 | — |
| AARON, Arnold Joseph | Llp Member | 2005-06-01 | Sep 1976 | — |
| ABBASI, Yousuf | Llp Member | 2005-06-01 | Nov 1947 | — |
| ABBEY, David | Llp Member | 2020-04-03 | Aug 1958 | — |
| ABBOTT, Colin John | Llp Member | 2005-06-01 | Nov 1967 | — |
| ABBOTT, Stephen Sydney William | Llp Member | 2005-11-30 | Apr 1955 | — |
| ABRAHAM, Jacqueline | Llp Member | 2024-07-12 | Oct 1966 | — |
| ABRAHAM, Louis | Llp Member | 2005-06-01 | Mar 1942 | — |
| ADAMS, Kyle Steven | Llp Member | 2023-09-20 | Mar 1983 | — |
| AGARWAL, Manas | Llp Member | 2020-02-01 | Oct 1983 | — |
| AHMAD, Khawaja Moeed | Llp Member | 2021-10-06 | Jul 1988 | — |
| AITKIN, Michael David | Llp Member | 2025-09-12 | Mar 1969 | — |
| AKERS, Stephen | Llp Member | 2023-12-05 | May 1964 | — |
| AKRAM, Shiekh Mohammed | Llp Member | 2005-06-01 | Jul 1966 | — |
| ALDEN, Leon | Llp Member | 2024-08-21 | May 1982 | — |
| ALDERSON, Jason David | Llp Member | 2022-01-25 | May 1972 | — |
| ALLEN, David Patrick Mark | Llp Member | 2012-10-09 | Oct 1944 | — |
| ALLEN, Mark | Llp Member | 2025-10-14 | Jan 1973 | — |
| ALLEN, Robyn Lucy | Llp Member | 2024-09-10 | Feb 1988 | — |
| ALLEN, Timothy | Llp Member | 2015-08-01 | Jul 1967 | — |
| ALLITT, Kevin Charles | Llp Member | 2019-02-15 | Apr 1952 | — |
| ALLT, Mark Richard | Llp Member | 2005-06-01 | Dec 1968 | — |
| ALTAF BHATTY, Imran Bin | Llp Member | 2018-03-05 | Oct 1980 | — |
| AMBASNA, Devesh | Llp Member | 2005-06-01 | Nov 1957 | — |
| AMBLER, Michael John | Llp Member | 2006-01-01 | Jan 1949 | — |
| AMLIWALA, Kaushik | Llp Member | 2005-06-01 | Nov 1962 | — |
| AMOS, Stewart Peter | Llp Member | 2020-08-18 | Jan 1981 | — |
| ANAND, Devinder Singh | Llp Member | 2005-06-01 | Apr 1950 | — |
| ANDREWS, Ian Charles Stephen | Llp Member | 2005-06-01 | Apr 1950 | — |
| ANDREWS, Joseph Laurence | Llp Member | 2005-06-01 | Nov 1954 | — |
| ANDREWS, Stephen Paul | Llp Member | 2025-11-06 | Mar 1989 | — |
| ANGELL, Anthony Kenneth | Llp Member | 2015-01-01 | May 1952 | — |
| ANSCOMBE, Dean | Llp Member | 2015-08-01 | Nov 1957 | — |
| ANTONIO, Andrew | Llp Member | 2005-06-01 | Dec 1970 | — |
| ANTONIO, Angela | Llp Member | 2011-11-02 | Apr 1969 | — |
| ARDLEY, Kelvin Ben | Llp Member | 2009-01-01 | Nov 1956 | — |
| ARISHE, Festus Kayode | Llp Member | 2018-03-08 | Jan 1977 | — |
| ARNESE, Juliano | Llp Member | 2017-07-10 | Apr 1967 | — |
| ARNOLD, Peter George | Llp Member | 2006-01-01 | Nov 1945 | — |
| ASHCROFT, Jonathan James | Llp Member | 2020-02-01 | Dec 1982 | — |
| ASHWORTH, Peter Alfred | Llp Member | 2015-05-14 | Sep 1948 | — |
| ATKINS, Robert James | Llp Member | 2018-08-28 | Apr 1971 | — |
| ATKINS, Rodney Michael | Llp Member | 2024-07-12 | Apr 1966 | — |
| BACHRA, Inderjit Singh | Llp Member | 2018-09-03 | Nov 1979 | — |
| BAILEY, Stuart Michael | Llp Member | 2005-06-01 | Jan 1964 | — |
| BAINS, Haran Singh | Llp Member | 2023-07-05 | Aug 1985 | — |
| BAKER, Andrew John | Llp Member | 2006-01-01 | Dec 1965 | — |
| BAKER, Kim Paulette | Llp Member | 2026-03-17 | Jan 1966 | — |
| BAKER, Paul Ashley | Llp Member | 2005-06-01 | Jan 1967 | — |
| BAKER, Simon Stephen James | Llp Member | 2006-01-01 | Mar 1960 | — |
| BALAKRISHNAN, Nimalan | Llp Member | 2021-10-20 | Oct 1980 | — |
| BALES, Philip Keith | Llp Member | 2015-08-01 | Apr 1971 | — |
| BALFOUR-MELVILLE, Hugo | Llp Member | 2015-08-01 | Apr 1978 | — |
| BALL, Susan Rachel | Llp Member | 2018-09-04 | Mar 1971 | — |
| BARKLEY, Georgette Sylvia | Llp Member | 2014-05-29 | Jun 1951 | — |
| BARLOW, Mike | Llp Member | 2023-07-31 | Oct 1994 | — |
| BARLOW, Peter John | Llp Member | 2023-07-31 | Jun 1967 | — |
| BARNETT, Michael Ralph Edward | Llp Member | 2006-01-01 | May 1950 | — |
| BARTHOLOMEW, Carol Louise | Llp Member | 2018-03-20 | Dec 1979 | — |
| BARTLEY, Howard Anthony | Llp Member | 2005-06-01 | Dec 1950 | — |
| BARTON, Clive Richard | Llp Member | 2005-06-01 | Nov 1959 | — |
| BASSINDER, Paul Edward | Llp Member | 2025-09-23 | Dec 1970 | — |
| BATES, Kenneth | Llp Member | 2005-06-01 | Nov 1950 | — |
| BAXTER, John Richard | Llp Member | 2015-08-01 | Jan 1958 | — |
| BEADELL, James | Llp Member | 2023-07-20 | Dec 1976 | — |
| BEALE, Fraser Benedict | Llp Member | 2005-06-01 | Oct 1966 | — |
| BEDFORD, Russell Warren | Llp Member | 2020-02-11 | Jan 1982 | — |
| BEEHARRY, Sacha | Llp Member | 2022-08-31 | Feb 1974 | — |
| BEETON, Steven Richard | Llp Member | 2023-12-05 | Mar 1983 | — |
| BEHAN, Gurmeet Singh | Llp Member | 2005-06-01 | Nov 1949 | — |
| BEKELE, Brook Shiferaw | Llp Member | 2022-08-09 | Aug 1970 | — |
| BEKENN, Denis | Llp Member | 2022-08-18 | Jun 1956 | — |
| BELL, Christopher Gerald | Llp Member | 2021-11-01 | Mar 1971 | — |
| BENDELL, Lisa | Llp Member | 2015-08-01 | Feb 1970 | — |
| BENSON, James Edwin | Llp Member | 2018-04-28 | Jan 1949 | — |
| BERNEY, Colin Edward | Llp Member | 2006-01-01 | May 1962 | — |
| BEST, Luke Timothy | Llp Member | 2025-11-06 | Mar 1990 | — |
| BHALLA, Ashok Kumar | Llp Member | 2005-06-01 | Oct 1951 | — |
| BIDDLECOMBE, Mark | Llp Member | 2015-08-01 | Aug 1958 | — |
| BILLINGTON, Edward Clive | Llp Member | 2006-01-01 | Mar 1949 | — |
| BLACK STRINGER, Lesley Ann | Llp Member | 2017-11-27 | Sep 1969 | — |
| BLACKBURN, Andrew William | Llp Member | 2005-06-01 | Apr 1963 | — |
| BLACKBURN, Neville Anthony | Llp Member | 2006-01-01 | Oct 1957 | — |
| BLACKIE, John Rudolph | Llp Member | 2005-06-01 | Sep 1946 | — |
| BLACKMAN, Lee Edward | Llp Member | 2018-10-25 | May 1985 | — |
| BLAKE, John Vincent | Llp Member | 2005-06-01 | Apr 1954 | — |
| BLAKE, Joy Marjorie | Llp Member | 2019-04-05 | Apr 1950 | — |
| BOLAM, Guy Duncan | Llp Member | 2005-06-01 | Apr 1964 | — |
| BONALLIE, Joseph | Llp Member | 2015-01-01 | May 1956 | — |
| BOND, Richard | Llp Member | 2021-09-30 | Jun 1968 | — |
| BONE, John Francis | Llp Member | 2005-06-01 | Oct 1959 | — |
| BONE, Margaret Mary | Llp Member | 2005-06-01 | Jul 1962 | — |
| BONNING-SNOOK, Mark Andrew | Llp Member | 2006-01-01 | Jun 1962 | — |
| BOOTH, Paul Anthony | Llp Member | 2020-10-22 | Oct 1956 | — |
Ownership
Persons with significant control
No persons with significant control on record.
Filing timeline
Last 20 of 5685 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-12 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2026-05-08 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2026-05-08 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-08 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-08 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-07 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-05 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-05 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2026-05-01 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-05-01 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-29 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2026-04-23 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-04-23 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-04-21 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-04-20 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-04-20 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2026-04-16 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-04-16 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-04-07 | 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
- 20
- Capital events
- 0
- Officers appointed
- 6
- 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.