Marks and Spencer (Initial LP) Limited
Registered name: MARKS AND SPENCER (INITIAL LP) LIMITED
Part of Marks and Spencer Group P.L.C. groupMarks and Spencer (Initial LP) Limited made £5 revenue and £4 profit in the year to 30 Mar 2023.
Marks and Spencer (Initial LP) Limited’s revenue was £5 in the year to 30 Mar 2023, with £4 profit. The company is classified under “non-trading company” and is based in Edinburgh.
- Status
- Active
- Location
- Edinburgh
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Mar 2023 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £5 |
| Operating profit | £5 |
| Profit before tax | £5 |
| Profit after tax | £4 |
| Profit (best available) | £4 |
| Employees (average) | — |
| Ratios | |
| Profit margin | 80% |
| Balance sheet — indirect signals, not revenue | |
| Net assets | — |
| Source | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 80%
- 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.
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 —
Group structure
Ownership chain
- Marks and Spencer Group P.L.C.ultimate parent75–100%
- Marks and Spencer (Initial LP) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Marks and Spencer P.L.C.Rev. £14bn · Profit £294m
- Marks and Spencer (A2B) LimitedFigures not disclosed
- Marks and Spencer Holdings LimitedFigures not disclosed
- Marks and Spencer Pension Trust LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Mar 2023 (profit £4), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Updated from Companies House on 23 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.