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Company No. 02492591 · Incorporated 17 Apr 1990

The Combined Services Provider Limited

Registered name: THE COMBINED SERVICES PROVIDER LIMITED

Part of Norland Equity Partners Acquisition Limited group

The Combined Services Provider Limited made £26.7m revenue and £2.5m profit in the year to 31 Dec 2025.

The Combined Services Provider Limited’s revenue grew 4% to £26.7m in the year to 31 Dec 2025, with £2.5m profit and 1,684 employees. The company is classified under “other business support service activities” and is based in Watford; we hold 4 years of its filed accounts.

Full profit & loss filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Watford, East of England
Age
36 yrs · since 1990
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£26.7m
Growth ▲4.2%
Profit
£2.5m
Growth ▼6.3%
Profit margin
9.5%
Gross 23.6%
Employees
1,684
Change ▲56.8%
Profit / employee
£1.5k
Revenue/employee £15.9k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureProfit & lossread from filing textProfit & lossread from filing textProfit & lossProfit & loss
Profit & loss
Revenue (turnover)£24.8m£24.4m£25.6m£26.7m
Cost of sales£18.3m£18.7m£19.4m£20.4m
Gross profit£6.5m£5.7m£6.3m£6.3m
Operating profit£4.5m£2.8m£3.3m£3.1m
Profit before tax£4.5m£2.8m£3.3m£3.2m
Profit after tax£3.6m£2.2m£2.7m£2.5m
Profit (best available)£3.6m£2.2m£2.7m£2.5m
Staff costs£15m£15.6m£17.1m£18.3m
Employees (average)6359741,0741,684
Ratios
Profit margin14.6%9.2%10.6%9.5%
Gross margin26.4%23.3%24.5%23.6%
Revenue per employee£39.1k£25k£23.9k£15.9k
Profit per employee£5.7k£2.3k£2.5k£1.5k
Cash conversion—−16.5%−31.9%—
Growth (year on year)
Revenue growth—▼1.9%▲5.3%▲4.2%
Profit growth—▼37.8%▲20.5%▼6.3%
Headcount growth—▲53.4%▲10.3%▲56.8%
Balance sheet — indirect signals, not revenue
Cash at bank£2.9m£1.8m£1.8m£1.6m
Net assets£4.1m£5.8m£8.5m£11.1m
Fixed assets£438k£396k£435k£785k
Current assets£6.2m£8.6m£10.9m£13.1m
Debtors£2.4m£2.9m£3.2m£2.6m
Deferred income£130k£118k£69.8k£567k
Cash from operations—−£459k−£1.1m—
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
9.5%
Profit ÷ revenue.
Gross margin
23.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£15.9k
Revenue ÷ average employees.
Profit per employee
£1.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.9%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲30%
Now £11.1m
Cash at bank
▼14%
Now £1.6m
Headcount
▲57%
Now 1,684
Deferred income
▲713%
Now £567k
Fixed assets
▲80%
Now £785k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Norland Equity Partners Acquisition Limitedultimate parent75–100%
  2. The Combined Services Provider Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.5m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.