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Company No. 07617386 · Incorporated 28 Apr 2011

Angel Springs Holdings Limited

Registered name: ANGEL SPRINGS HOLDINGS LIMITED

Part of Osmosis Topco Limited group

Angel Springs Holdings Limited made a £1.5m loss in the year to 30 Jun 2023 (revenue not disclosed).

Angel Springs Holdings Limited reported a loss of £1.5m in the year to 30 Jun 2023; its revenue was not disclosed. It had 2 employees. The company is classified under “other food services” and is based in Reading; we hold 2 years of its filed accounts.

Profit onlySection I · Accommodation and food servicesSIC 56290Other food services
Status
Active - Proposal to Strike off
Location
Reading, South East
Age
15 yrs · since 2011
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. From the filing: “Waterlogic Holdings Limited”

Latest accounts · year to 30 Jun 2023

Key figures

Small team
Revenue
—
Not disclosed in filing
Profit
−£1.5m
Growth —
Profit margin
—
 
Employees
2
Change —
Profit / employee
−£765k
 
Profitable streak
0yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202130 Jun 2023
DisclosureNo P&LProfit only
Profit & loss
Revenue (turnover)——
Operating profit—−£1.5m
Profit after tax—−£1.5m
Profit (best available)—−£1.5m
Employees (average)22
Ratios
Profit margin——
Profit per employee—−£765k
Balance sheet — indirect signals, not revenue
Net assets£416k−£1.1m
Fixed assets£23.6m£22.1m
Current assets£955k£955k
Debtors£955k£955k
Deferred income—£9k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
−£765k
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 −£1.1m
Cash at bank
—
Now —
Headcount
—
Now 2
Deferred income
—
Now £9k
Fixed assets
—
Now £22.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Osmosis Topco Limitedultimate parent75–100%
  2. Osmosis Funding Limited75–100%
  3. Osmosis Buyer Limited75–100%
  4. Waterlogic Holdings Limited75–100%
  5. Angel Springs Holdings Limitedthis company

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

Subsidiaries (2)

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit −£1.5m), from the Companies House accounts bulk data published Oct 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.