THOMSON SNELL & PASSMORE LLP
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Next accounts due
2027-03-05 (in 10mo)
Last filed for 2025-06-05
Confirmation statement due
2026-07-14 (in 2mo)
Last made up 2025-06-30
Watchouts
None on the register
Cash
£5M
+160.4% vs 2024
Net assets
£10M
+16.8% vs 2024
Employees
273
+3.8% vs 2024
Profit before tax
£9M
+23.2% vs 2024
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2025-06-05
| Metric | Trend | 2024-06-05 | 2025-06-05 |
|---|---|---|---|
| Turnover | £30,555,000 | £34,283,000 | |
| Operating profit | £5,714,000 | £7,401,000 | |
| Profit before tax | £7,360,000 | £9,070,000 | |
| Net profit | £73,000 | £89,000 | |
| Cash | £1,810,000 | £4,713,000 | |
| Total assets less current liabilities | £10,876,000 | £12,169,000 | |
| Net assets | £8,137,000 | £9,504,000 | |
| Equity | £8,137,000 | £9,504,000 | |
| Average employees | 263 | 273 | |
| Wages | £13,686,000 | £14,854,000 | |
| Directors' remuneration | £2,366,000 | £2,854,000 |
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 2025-06-05 vs 2024-06-05
-
Turnover
+12.2%
£30,555,000 £34,283,000
-
Cash
+160.4%
£1,810,000 £4,713,000
-
Net assets
+16.8%
£8,137,000 £9,504,000
-
Employees
+3.8%
263 273
-
Operating profit
+29.5%
£5,714,000 £7,401,000
-
Profit before tax
+23.2%
£7,360,000 £9,070,000
-
Wages
+8.5%
£13,686,000 £14,854,000
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 | 2024-06-05 | 2025-06-05 |
|---|---|---|---|
| Operating margin | 18.7% | 21.6% | |
| Net margin | 0.2% | 0.3% | |
| Return on capital employed | 52.5% | 60.8% | |
| Current ratio | 2.01x | 2.06x | |
| Interest cover | 4.90x | 5.23x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The LLP maintains sufficient cash reserves to provide a buffer against future economic uncertainties. The LLP's cash flow projections, under varying scenarios, indicate that it has sufficient liquid assets and banking facilities to secure its future even under the most pessimistic assumptions. Having reviewed the available information for the next 12 months, management consider it appropriate to continue to prepare the accounts on a going concern basis.”
Group structure
- THOMSON SNELL & PASSMORE LLP · parent
- Thomson Snell & Passmore Trust Corporation Limited 100%
Significant events
- “During the year the LLP made donations for charitable purposes of £nil (2024: £450).”
- “The LLP performed satisfactorily during the financial year, despite the uncertain economic and political environment. Although staff costs and overhead expenses increased as a result of inflationary pressures, fee income also grew resulting in a significant increase in profits before members' remuneration over the previous year. In the opinion of the members, the state of the LLP's affairs at 5 June 2025 is satisfactory.”
- “The LLP's gross consumption and emissions have reduced by 10% despite higher average FTE staff numbers. In addition, a greater proportion of emissions have been reduced due to the purchase of renewable energy. As a result, the LLP's tCO2e per FTE intensity ratio has reduced by 21%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
22 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLARD, Richard Alistair | Llp Designated Member | 2014-07-23 | Jul 1972 | — |
| FOLLIS, Fiona | Llp Designated Member | 2014-07-23 | Nov 1968 | — |
| GALLAGHER, Joanne | Llp Designated Member | 2014-07-23 | Nov 1967 | — |
| PRATT, Joanna Lesley | Llp Designated Member | 2014-07-23 | Feb 1970 | — |
| BACON, Brian Wayne | Llp Member | 2014-07-23 | Feb 1978 | — |
| BELL, Graham Richard | Llp Member | 2014-07-23 | Apr 1967 | — |
| BRANT, Nicola Jane | Llp Member | 2016-06-06 | Jan 1970 | — |
| BUSUTTIL, Claire Louise | Llp Member | 2025-06-06 | Jun 1977 | — |
| CAHAN, James Flint | Llp Member | 2021-06-06 | Aug 1982 | — |
| EASTON, Sarah Anne | Llp Member | 2017-06-06 | Nov 1976 | — |
| GROGAN, Matthew John | Llp Member | 2019-06-06 | Oct 1979 | — |
| HARVEY, Alastair Craig | Llp Member | 2014-07-23 | Apr 1963 | — |
| HOBDEN, Nicholas David | Llp Member | 2014-07-23 | Feb 1963 | — |
| HORTON, Nicholas James | Llp Member | 2014-07-23 | Apr 1967 | — |
| KEATLEY, Laura Susanne | Llp Member | 2025-06-06 | Jun 1986 | — |
| MITCHELL, Simon Kingdon | Llp Member | 2023-06-06 | Nov 1972 | — |
| SKILTON, Douglas William James | Llp Member | 2020-06-06 | Dec 1981 | — |
| STEGGLES, Mark Andrew | Llp Member | 2019-06-06 | Apr 1979 | — |
| STEWART, Helen | Llp Member | 2016-06-06 | Mar 1972 | — |
| SWAIN, Rebecca Ann | Llp Member | 2017-06-06 | Jul 1975 | — |
| VARNEY, Jason Edward | Llp Member | 2022-06-06 | Mar 1987 | — |
| WRIGHT, Joanne | Llp Member | 2020-06-06 | May 1972 | — |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AGGARWAL, Kamal Kishore | Llp Designated Member | 2014-07-23 | 2025-06-06 |
| PARTRIDGE, Walter Michael James | Llp Designated Member | 2014-07-23 | 2020-06-06 |
| BROWN, Simon Michael | Llp Member | 2014-07-23 | 2017-06-06 |
| DURDANT-HOLLAMBY, Guy | Llp Member | 2014-07-23 | 2019-06-06 |
| FARDELL, Edward | Llp Member | 2014-07-23 | 2019-06-06 |
| FEARNLEY, Patricia Anne | Llp Member | 2014-07-23 | 2017-06-06 |
| GREEN, Frederick Gilbert | Llp Member | 2014-07-23 | 2019-06-06 |
| PASSMORE, Jeremy Cedric | Llp Member | 2014-07-23 | 2017-06-06 |
| TERRELL, Martin Edward | Llp Member | 2014-07-23 | 2018-06-06 |
| WALKER, Christopher James Robert | Llp Member | 2017-07-03 | 2024-06-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-11 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2025-07-01 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-06 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2025-06-06 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2025-06-06 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2025-06-06 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2025-02-11 | AA | accounts | Accounts with accounts type full | |
| 2024-10-25 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-07-31 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-07-01 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2024-02-10 | AA | accounts | Accounts with accounts type full | |
| 2024-01-10 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2023-06-30 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2023-02-14 | AA | accounts | Accounts with accounts type full | |
| 2022-06-30 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-06 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2022-05-24 | 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
- 7
- Capital events
- 0
- Officers appointed
- 2
- 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.