Think Business Finance Limited
Registered name: THINK BUSINESS FINANCE LIMITED
Part of Barolo Finco Limited groupThink Business Finance Limited made £6.7m revenue and a £1.3m loss in the year to 31 Mar 2025.
Think Business Finance Limited’s revenue grew 21% to £6.7m in the year to 31 Mar 2025, with a loss of £1.3m and 64 employees. The company is classified under “financial management” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5.2m | £5.5m | £6.7m |
| Cost of sales | −£3.9m | −£3.9m | −£4.5m |
| Gross profit | £1.4m | £1.7m | £2.1m |
| Operating profit | −£1m | −£891k | −£1.2m |
| Profit before tax | −£1m | −£891k | −£1.2m |
| Profit after tax | −£890k | −£463k | −£1.3m |
| Profit (best available) | −£890k | −£463k | −£1.3m |
| Employees (average) | 53 | 58 | 64 |
| Ratios | |||
| Profit margin | −17% | −8.3% | −19.2% |
| Gross margin | 25.9% | 30.5% | 32.1% |
| Revenue per employee | £99k | £95.6k | £104k |
| Profit per employee | −£16.8k | −£8k | −£20.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.6% | ▲20.5% |
| Headcount growth | — | ▲9.4% | ▲10.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −19.2%
- Profit ÷ revenue.
- Gross margin
- 32.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £104k
- Revenue ÷ average employees.
- Profit per employee
- −£20.1k
- 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
- ▲10%
- Now 64
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Barolo Finco Limitedultimate parent75–100%
- Barolo Midco Limited75–100%
- Barolo Bidco Limited75–100%
- Smile Topco Limited75–100%
- Smile Midco 1 Limited75–100%
- Smile Midco 2 Limited75–100%
- Smile Bidco Limited75–100%
- Bionic Services Group Limited75–100%
- Think Business Finance Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (12)
- Bionic Financial Services LimitedFigures not disclosed
- Bionic Services LimitedFigures not disclosed
- Business Comparison Group LimitedFigures not disclosed
- Business Essential Services LimitedFigures not disclosed
- Make IT Cheaper Financial Services LimitedFigures not disclosed
- Make IT Cheaper Group LimitedFigures not disclosed
- Make IT Cheaper LimitedFigures not disclosed
- Make IT Cheaper Trustees LimitedFigures not disclosed
- SK Utilities LtdFigures not disclosed
- Triple S Promotions LtdFigures not disclosed
- Under B1 LimitedFigures not disclosed
- Utility Bidder Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£1.3m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 16 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.