Bradford & Airedale Fundco 2 Limited
Registered name: BRADFORD & AIREDALE FUNDCO 2 LIMITED
Part of Pace Topco Limited groupBradford & Airedale Fundco 2 Limited made £865k revenue and a £230k loss in the year to 31 Mar 2026.
Bradford & Airedale Fundco 2 Limited’s revenue fell 48% to £865k in the year to 31 Mar 2026, with a loss of £230k. The company is classified under “other letting and operating of own or leased real estate” and is based in Leeds; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Leeds
- Age
- 20 yrs · since 2005
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.1m | £1.7m | £865k |
| Cost of sales | −£621k | −£795k | −£585k |
| Gross profit | £490k | £878k | £280k |
| Operating profit | £333k | £687k | £83k |
| Profit before tax | £447k | £800k | £190k |
| Profit after tax | £92k | £720k | −£230k |
| Profit (best available) | £92k | £720k | −£230k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 8.3% | 43% | −26.6% |
| Gross margin | 44.1% | 52.5% | 32.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲50.6% | ▼48.3% |
| Profit growth | — | ▲682.6% | ▼131.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −26.6%
- Profit ÷ revenue.
- Gross margin
- 32.4%
- 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
- Pace Topco Limitedultimate parent75–100%
- Pace Bidco Limited75–100%
- Equitix Holdings Ltd75–100%
- Equitix Capital Eurobond Limited75–100%
- Equitix Healthcare Limited50–75%
- Bradford & Airedale (Lift) Investments Limited50–75%
- Bradford & Airedale Estates Partnership Limited75–100%
- Bradford & Airedale Holdco 2 Limited75–100%
- Bradford & Airedale Fundco 2 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit −£230k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.