PALATINE PRIVATE EQUITY LLP
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Cash
£2.8M
-6.4% lowest in 3 filed years
Net assets
£2.3M
+14.9% highest in 3 filed years
Employees
40
+5.3% highest in 3 filed years
Profit before tax
£4.5M
+20% highest in 3 filed years
Net assets
3-year trend · vs Unclassified median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £10,841,004 | £12,050,986 | £14,143,982 | +17.4% | |
| Operating profit | £2,720,384 | £2,799,518 | £4,399,692 | +57.2% | |
| Profit before tax | £2,856,874 | £3,758,672 | £4,511,079 | +20% | |
| Net profit | £2,856,874 | £3,758,672 | £4,511,079 | +20% | |
| Cash | £3,851,847 | £3,020,936 | £2,829,082 | -6.4% | |
| Total assets less current liabilities | £1,642,730 | £1,995,971 | £2,293,731 | +14.9% | |
| Net assets | £1,642,730 | £1,995,971 | £2,293,731 | +14.9% | |
| Equity | £1,642,730 | £1,995,971 | £2,293,731 | +14.9% | |
| Average employees | 36 | 38 | 40 | +5.3% | |
| Wages | £4,178,440 | £4,492,792 | £4,820,745 | +7.3% | |
| Members' remuneration | — | — | — | — |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 25.1% | 23.2% | 31.1% | |
| Net margin | 26.4% | 31.2% | 31.9% | |
| Return on capital employed | 165.6% | 140.3% | 191.8% | |
| Gearing (liabilities / total assets) | 65.1% | 61.8% | 60.2% | |
| Current ratio | 1.43x | 1.54x | 1.62x |
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
- PALATINE PRIVATE EQUITY LLP 2010-12-08 → present
- ZEUS PRIVATE EQUITY LLP 2005-10-04 → 2010-12-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having prepared forecasts, including assessing highly stressed scenarios, the members have a reasonable expectation that the group has adequate resources to continue in operational existence for the next 12 months and beyond. Accordingly, they continue to adopt the going concern basis in preparing the annual report and consolidated financial statements.”
Group structure
- PALATINE PRIVATE EQUITY LLP · parent
- Zeus Private Equity (GP) Limited 100%
- Palatine Scotland (GP) Limited 100%
- Palatine II Scots (GP) Limited 100%
- Palatine Feeder GP Limited 100%
- Palatine Growth Credit LLP 75%
- Palatine GP II LLP 100%
- Palatine GP III LLP 100%
- Palatine Impact GP LLP 100%
- Palatine Impact GP II LLP 100%
- Palatine NWCI GP LLP 100%
- Palatine Founder Partner GP LLP 100%
- Palatine GP IV LLP 100%
- Palatine GP V LLP 100%
- Palatine IV Co-Invest GP LLP 100%
- Palatine Impact II Co-Invest GP LLP 100%
- Palatine Growth Credit (GP) Limited 75%
- Palatine Growth Credit Scotland (GP) Limited 75%
- Palatine Growth Credit GP I LLP 75%
- PGC GP LLP 75%
Significant events
- “In August 2021 Palatine Founder Partner IV LP entered into a £4.5m senior secured credit facility. with SVB (Silicon Valley Bank). Following HSBC's buyout of SVB UK, HSBC is now the lender on the facility. Palatine Private Equity LLP is listed as a guarantor in the facility agreement which gives HSBC a charge over the management fees receivable from Palatine Funds in the event that Palatine Founder Partner IV LP defaults on the agreement. As at the signing date there has been no event of default and the charge has not been enforced.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DICKIN, Anthony John | LLP Designated Member | 2006-10-12 | Mar 1970 | — |
| FAZAKERLEY, Edmund | LLP Designated Member | 2005-10-04 | Mar 1969 | — |
| HOUGHTON, Beth Clare | LLP Designated Member | 2017-01-01 | Apr 1974 | — |
| TIPPER, Gary William | LLP Designated Member | 2005-10-04 | Jul 1963 | — |
| CLARKSON, Alexander James | LLP Member | 2010-11-29 | Jul 1974 | — |
| COWLES, Nick | LLP Member | 2010-11-29 | Oct 1980 | — |
| CURRIE, Ian William | LLP Member | 2010-11-29 | Nov 1961 | — |
| HUGHES, Richard Ian | LLP Member | 2010-11-29 | May 1968 | — |
| ZEUS PE LIMITED | Corporate LLP Member | 2010-11-29 | — | — |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLEMENTS, Zoe | LLP Designated Member | 2018-01-01 | 2021-02-24 |
| LEES, Andrew John | LLP Designated Member | 2015-09-01 | 2026-06-30 |
| ZEUS GROUP LTD | Corporate LLP Designated Member | 2006-10-08 | 2010-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gary William Tipper | Individual | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2016-04-06 | Active |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-01 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2026-06-21 | AA | accounts | Accounts with accounts type group | |
| 2026-01-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-07-01 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2025-06-10 | AA | accounts | Accounts with accounts type group | |
| 2025-01-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | AA | accounts | Accounts with accounts type group | |
| 2024-01-18 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-10 | AA | accounts | Accounts with accounts type group | |
| 2023-01-16 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-08 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-12-05 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-12-05 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2022-05-09 | AA | accounts | Accounts with accounts type group | |
| 2022-01-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-10 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2021-08-10 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.