AZZURRO ASSOCIATES HOLDINGS LLP
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Cash
£3.8M
+57.6% vs 2023
Net assets
£145M
+35% vs 2023
Employees
74
+37% vs 2023
Profit before tax
£22M
+115.2% vs 2023
Net assets
2-year trend · vs 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 | £23,950,111 | £39,169,902 | +63.5% | |
| Operating profit | £10,237,097 | £22,434,561 | +119.1% | |
| Profit before tax | £10,362,490 | £22,294,983 | +115.2% | |
| Net profit | £10,461,794 | £22,020,952 | +110.5% | |
| Cash | £2,397,992 | £3,778,575 | +57.6% | |
| Total assets less current liabilities | £109,298,340 | £148,160,042 | +35.6% | |
| Net assets | £107,409,661 | £144,974,026 | +35% | |
| Equity | £107,409,661 | £144,974,026 | +35% | |
| Average employees | 54 | 74 | +37% | |
| Wages | £2,945,051 | £3,637,361 | +23.5% | |
| 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 |
|---|---|---|---|
| Operating margin | 42.7% | 57.3% | |
| Net margin | 43.7% | 56.2% | |
| Return on capital employed | 9.4% | 15.1% | |
| Gearing (liabilities / total assets) | 2.9% | 4.3% | |
| Current ratio | 16.42x | 10.27x |
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
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Throughout the severe but plausible downside scenario, the Group continues to have sufficient capital and liquidity to continue in operation until at least June 2026 (this being more than 12 months from the signing date of the financial statements). The members therefore consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- AZZURRO ASSOCIATES HOLDINGS LLP · parent
- Azzurro Associates Limited 100%
- Solaris Law Ltd 100%
- Azzurro Investments S.a.r.l 100%
- Next Finance B.V 100%
- Solaris Law (Commercial) Limited 100%
Significant events
- “On 24 May 2024 Solaris Law (Commercial) Limited was incorporated and issued 1 ordinary share fully paid by Azzurro Associates Limited.”
- “On 28 June 2024, Solaris Law Ltd acquired the commercial recoveries trade and assets from Shoosmiths LLP. The terms of the acquisition include initial cash consideration and further terms under which deferred cash consideration may become payable over a 3 year period. The acquisition included financial instruments and the remaining consideration has been recognised as goodwill.”
- “On 18 December 2024 Azzurro Associates Limited issued 500,000 ordinary C shares which was fully paid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRKWOOD, Andrew James | LLP Designated Member | 2017-12-15 | Sep 1970 | — |
| AZZURRO INTERNATIONAL HOLDINGS LIMITED | Corporate LLP Designated Member | 2017-12-15 | — | — |
| ACKLAM, Stefan Paul | LLP Member | 2021-06-23 | Sep 1971 | — |
| BULGARELLI, Karen Lea | LLP Member | 2019-11-28 | Jun 1970 | — |
| CHELL, Melanie Ann | LLP Member | 2024-06-28 | Sep 1975 | — |
| GODDARD, Joe | LLP Member | 2020-10-05 | Jun 1989 | — |
| AZZURRO ASSOCIATES HOLDING LIMITED | Corporate LLP Member | 2017-12-15 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PATEL, Hemant Kumar | LLP Member | 2019-10-31 | 2021-06-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Elliott Singer | Individual | Voting 75–100% (LLP), Voting 75–100% (LLP, as firm), Surplus assets 75–100% (LLP), Surplus assets 75–100% (LLP, as firm), Appoints members (LLP), Appoints members (LLP, as firm) | 2017-12-15 | Active |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-17 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-28 | AA | accounts | Accounts with accounts type group | |
| 2025-05-28 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2024-12-16 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2024-07-25 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2024-07-24 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2024-05-09 | AA | accounts | Accounts with accounts type group | |
| 2024-03-20 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2023-12-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-31 | AA | accounts | Accounts with accounts type group | |
| 2022-12-23 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-13 | AA | accounts | Accounts with accounts type group | |
| 2022-02-08 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2021-12-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-29 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2021-06-29 | LLAP01 | officers | Appoint person member limited liability partnership with appointment date | |
| 2021-06-08 | AA | accounts | Accounts with accounts type group | |
| 2021-03-12 | LLCH01 | officers | Change person member limited liability partnership with name change date | |
| 2021-02-22 | LLAD03 | address | Move registers to sail limited liability partnership with new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- 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.