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Company No. 08998658 · Incorporated 15 Apr 2014

Indigo Pipelines Holdco 1 Limited

Registered name: INDIGO PIPELINES HOLDCO 1 LIMITED

Part of Aip Holdings Limited group

Indigo Pipelines Holdco 1 Limited made £26.4m revenue and a £774k loss in the year to 31 Mar 2026.

Indigo Pipelines Holdco 1 Limited’s revenue grew 9% to £26.4m in the year to 31 Mar 2026, with a loss of £774k and 59 employees. The company is classified under “distribution of electricity” and is based in Reading; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35130Distribution of electricitySIC 35220Distribution of gaseous fuels through mains
Status
Active
Location
Reading, South East
Age
12 yrs · since 2014
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.

Latest accounts · year to 31 Mar 2026

Key figures

Revenue
£26.4m
Growth ▲9.4%
Profit
−£774k
Growth ▼140.1%
Profit margin
−2.9%
Gross 93.8%
Employees
59
Change ▲59.5%
Profit / employee
−£13.1k
Revenue/employee £448k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.9m£24.2m£26.4m
Cost of sales−£5.9m−£3m−£1.6m
Gross profit£16m£21.1m£24.8m
Operating profit£5.9m£7.8m£6.8m
Profit before tax£868k£2.5m−£123k
Profit after tax−£300k£1.9m−£774k
Profit (best available)−£300k£1.9m−£774k
Employees (average)193759
Ratios
Profit margin−1.4%8%−2.9%
Gross margin72.9%87.5%93.8%
Revenue per employee£1.2m£653k£448k
Profit per employee−£15.8k£52.2k−£13.1k
Growth (year on year)
Revenue growth—▲10.3%▲9.4%
Profit growth——▼140.1%
Headcount growth—▲94.7%▲59.5%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jul 2025Accounts · bulk data Jul 2025Accounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
−2.9%
Profit ÷ revenue.
Gross margin
93.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£448k
Revenue ÷ average employees.
Profit per employee
−£13.1k
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.
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 —
Cash at bank
—
Now —
Headcount
▲59%
Now 59
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Aip Holdings Limitedultimate parent75–100%
  2. Aip Holdings 2 Limited50–75%
  3. Arjun Infrastructure Partners Limited75–100%
  4. Arjun Infrastructure Renewables LLP75–100%
  5. Arjun GP75–100%
  6. IP (Scot) LP75–100%
  7. Edingho Bidco Limited75–100%
  8. Indigo Pipelines Holdco 1 Limitedthis company

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

Subsidiaries (1)

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

Sources

Latest figures from accounts for the year to 31 Mar 2026 (profit −£774k), from the Companies House accounts bulk data published Aug 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.