How much does The Turris Partnership Limited make?

The Turris Partnership Limited reported revenue of £390k and £152k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

Is The Turris Partnership Limited profitable?

Yes — The Turris Partnership Limited reported a profit of £152k in the year to 31 May 2023.

Company No. SC178667 · Incorporated 9 Sep 1997

The Turris Partnership Limited

Registered name: THE TURRIS PARTNERSHIP LIMITED

Part of Mattioli Woods Limited group

The Turris Partnership Limited made £390k revenue and £152k profit in the year to 31 May 2023.

The Turris Partnership Limited’s revenue fell 19% to £390k in the year to 31 May 2023, with £152k profit. The company is classified under “activities auxiliary to financial intermediation” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSIC 66190Activities auxiliary to financial intermediation n.e.c.

Status: Liquidation
Location: Glasgow
Age: 29 yrs · since 1997
Type: Private Limited Company

Latest accounts · year to 31 May 2023

Key figures

Revenue

£390k

Growth ▼18.7%

Profit

£152k

Growth ▼35%

Profit margin

39.1%

Employees

—

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£480k	£390k
Operating profit	£290k	£191k
Profit before tax	£290k	£191k
Profit after tax	£235k	£152k
Profit (best available)	£235k	£152k
Employees (average)	—	—
Ratios
Profit margin	48.9%	39.1%
Growth (year on year)
Revenue growth	—	▼18.7%
Profit growth	—	▼35%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 39.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Mattioli Woods Limitedultimate parent75–100%
The Turris Partnership Limitedthis company

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

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M C Trustees (Administration) LimitedFigures not disclosed
M C Trustees (Pensions) LimitedFigures not disclosed
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M.W. Trustees LimitedFigures not disclosed
Mattioli Woods (New Walk) LimitedFigures not disclosed
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Mayflower Trustees LimitedFigures not disclosed
MC Nominees LimitedFigures not disclosed
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Old Station Road Holdings LimitedFigures not disclosed
Opus Wealth Management LtdLiquidationFigures not disclosed
Pension Consulting LimitedFigures not disclosed
Pole Arnold Financial Management LtdLiquidationFigures not disclosed
Professional Independent Pension Trustees LimitedFigures not disclosed
Richings Financial Management LtdLiquidationFigures not disclosed
Robinson Gear (Management Services) LimitedFigures not disclosed
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White Mortgages LimitedFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 May 2023 (profit £152k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

Updated from Companies House on 18 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.