Upp (Reading I) Holdings Limited
Registered name: UPP (READING I) HOLDINGS LIMITED
Part of Upp Group Holdings Limited groupUpp (Reading I) Holdings Limited made £39m revenue and a £17.3m loss in the year to 31 Aug 2025.
Upp (Reading I) Holdings Limited’s revenue grew 7% to £39m in the year to 31 Aug 2025, with a loss of £17.3m and 149 employees. The company is classified under “activities of head offices” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £33.9m | £36.3m | £39m |
| Cost of sales | −£14.2m | −£16m | −£16.1m |
| Gross profit | £19.7m | £20.3m | £22.9m |
| Operating profit | £15.8m | £16.2m | £19m |
| Profit before tax | −£12.6m | −£21.9m | −£17.3m |
| Profit after tax | −£12.6m | −£21.9m | −£17.3m |
| Profit (best available) | −£12.6m | −£21.9m | −£17.3m |
| Employees (average) | 160 | 161 | 149 |
| Ratios | |||
| Profit margin | −37.3% | −60.4% | −44.5% |
| Gross margin | 58.2% | 55.8% | 58.8% |
| Revenue per employee | £212k | £226k | £261k |
| Profit per employee | −£79k | −£136k | −£116k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.1% | ▲7.3% |
| Headcount growth | — | ▲0.6% | ▼7.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −44.5%
- Profit ÷ revenue.
- Gross margin
- 58.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £261k
- Revenue ÷ average employees.
- Profit per employee
- −£116k
- 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
- ▼7%
- Now 149
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Upp Group Holdings Limitedultimate parent75–100%
- Upp Group Limited75–100%
- Upp (Midco) Limited50–75%
- Upp (Reading I) Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Upp (Reading I) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Aug 2025 (profit −£17.3m), from the Companies House accounts bulk data published Mar 2026. 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.