Schroders Investment Portfolio Services Limited
Registered name: SCHRODERS INVESTMENT PORTFOLIO SERVICES LIMITED
Part of Schroders PLC groupSchroders Investment Portfolio Services Limited made £7.5m revenue and £1.7m profit in the year to 31 Dec 2023.
Schroders Investment Portfolio Services Limited’s revenue fell 4% to £7.5m in the year to 31 Dec 2023, with £1.7m profit and 16 employees. The company is classified under “security and commodity contracts dealing activities” and is based in Horsham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Horsham, South East
- Age
- 23 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £7.8m | £7.5m |
| Gross profit | £7.8m | £7.5m |
| Operating profit | £3.1m | £1.9m |
| Profit before tax | £3.2m | £2.1m |
| Profit after tax | £2.6m | £1.7m |
| Profit (best available) | £2.6m | £1.7m |
| Staff costs | £3.3m | £4.1m |
| Employees (average) | 16 | 16 |
| Ratios | ||
| Profit margin | 32.9% | 22.2% |
| Gross margin | 100% | 100% |
| Revenue per employee | £488k | £467k |
| Profit per employee | £161k | £104k |
| Cash conversion | 109.6% | 76.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.3% |
| Profit growth | — | ▼35.5% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £9.3m | £2.2m |
| Net assets | £9.1m | £6.1m |
| Fixed assets | £80.8k | £87.3k |
| Current assets | £11.3m | £8.4m |
| Debtors | £1.9m | £2m |
| Deferred income | £1.6m | £1.5m |
| Cash from operations | £3.4m | £1.4m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 22.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £467k
- Revenue ÷ average employees.
- Profit per employee
- £104k
- Profit ÷ average employees.
- Cash conversion
- 76.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 20.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 27.4%
- Money owed by customers. Low = customers pay quickly.
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
- ▼33%
- Now £6.1m
- Cash at bank
- ▼76%
- Now £2.2m
- Headcount
- 0%
- Now 16
- Deferred income
- ▼7%
- Now £1.5m
- Fixed assets
- ▲8%
- Now £87.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Schroders PLCultimate parent75–100%
- Schroder Administration Limited75–100%
- Benchmark Capital Limited75–100%
- Schroders Investment Portfolio Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (12)
- Unique Financial Planning LimitedRev. £6.7m · Profit −£926k
- Retirement Planning Partnership LtdLiquidationRev. £1.8m · Profit £678k
- Benchmark Financial Planning LimitedFigures not disclosed
- Best Practice Ifa Group LimitedFigures not disclosed
- Bright Square Pensions LimitedFigures not disclosed
- Creative Technologies LtdFigures not disclosed
- Evolution Wealth Network LimitedFigures not disclosed
- Finura Partners LimitedFigures not disclosed
- Fusion Wealth LimitedFigures not disclosed
- Oculus (Holdings) LimitedFigures not disclosed
- Redbourne Wealth Management LtdLiquidationFigures not disclosed
- Robertson Baxter LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £1.7m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.