How much does Icelolly Bidco Limited make?

Icelolly Bidco Limited reported revenue of £100k and a loss of £1m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Icelolly Bidco Limited have?

Icelolly Bidco Limited reported an average of 4 employees in the year to 31 Dec 2025.

Is Icelolly Bidco Limited profitable?

No — Icelolly Bidco Limited reported a loss of £1m in the year to 31 Dec 2025.

Company No. 08641957 · Incorporated 7 Aug 2013

Icelolly Bidco Limited

Registered name: ICELOLLY BIDCO LIMITED

Part of Palatine Private Equity LLP group

Icelolly Bidco Limited made £100k revenue and a £1m loss in the year to 31 Dec 2025.

Icelolly Bidco Limited’s revenue was £100k in the year to 31 Dec 2025, with a loss of £1m and 4 employees. The company is classified under “activities of other holding companies” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 13 yrs · since 2013
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: “The immediate parent company is Icelolly Topco Limited, a Company registered in England and Wales with the same registered address as the Company, registered number: 08641873. Icelolly Topco is the sm”

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£100k

Growth 0%

Profit

−£1m

Growth —

Profit margin

−1016%

Gross 100%

Employees

Change 0%

Profit / employee

−£254k

Revenue/employee £25k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£100k	£100k	£100k
Gross profit	£0	£100k	£100k	£100k
Operating profit	−£7.3k	−£7.2k	−£5.4k	−£14.9k
Profit before tax	−£2m	−£2.2m	−£2.4m	−£1m
Profit after tax	−£2m	−£2.2m	−£2.4m	−£1m
Profit (best available)	−£2m	−£2.2m	−£2.4m	−£1m
Employees (average)	3	4	4	4
Ratios
Profit margin	—	−2184%	−2385%	−1016%
Gross margin	—	100%	100%	100%
Revenue per employee	£0	£25k	£25k	£25k
Profit per employee	−£677k	−£546k	−£596k	−£254k
Growth (year on year)
Revenue growth	—	—	0%	0%
Headcount growth	—	▲33.3%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£36.8k	£36.6k	£36.7k	£36.6k
Net assets	−£20m	−£22.2m	−£24.5m	−£25.6m
Current assets	£112k	£212k	£312k	£1.3m
Debtors	£75.1k	£175k	£275k	£1.2m
Deferred income	£6.8m	£8.4m	£10m	£11.5m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −1016%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £25k; Revenue ÷ average employees.
Profit per employee: −£254k; 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: 11471%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1237%; 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 −£25.6m
Cash at bank: ▼0%; Now £36.6k
Headcount: 0%; Now 4
Deferred income: ▲15%; Now £11.5m
Fixed assets: —; Now —

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

Palatine Private Equity LLPultimate parent50–75%
Icelolly Bidco Limitedthis company

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

Subsidiaries (1)

Ice Travel Group LimitedRev. — · Profit −£547k

Sister companies (11)

Buttercup Topco LimitedFigures not disclosed
Cyberfort Group LimitedFigures not disclosed
Epi Group Holdings LtdFigures not disclosed
Grtopco LimitedLiquidationFigures not disclosed
Icelolly Topco LimitedRev. — · Profit −£89.6k
Palatine Feeder GP LimitedFigures not disclosed
Palatine Growth Credit LLPFigures not disclosed
Palatine II Scots (GP) LimitedFigures not disclosed
Palatine Scotland (GP) LimitedFigures not disclosed
Project Pegasus Topco LimitedFigures not disclosed
Zeus Private Equity (GP) LimitedFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1m), from the Companies House accounts bulk data published Sep 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.