Welford Topco Limited
Registered name: WELFORD TOPCO LIMITED
Welford Topco Limited made £79.2m revenue and £7.2m profit in the year to 31 Mar 2025. read from filing text
Welford Topco Limited’s revenue grew 6% to £79.2m in the year to 31 Mar 2025, with £7.2m profit and 1,370 employees. The company is classified under “activities of other holding companies” and is based in Leicester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- Age
- 11 yrs · since 2015
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £17.3m | £49.2m | £74.6m | £79.2m |
| Cost of sales | £8.2m | £27.8m | £40.2m | £37.9m |
| Gross profit | £9.1m | £21.4m | £34.4m | £41.4m |
| Operating profit | £3.6m | £12.2m | £15.3m | £17.3m |
| Profit before tax | £2.3m | £6m | £10.3m | £10m |
| Profit after tax | £1.8m | £4.6m | £7.2m | £7.2m |
| Profit (best available) | £1.8m | £4.6m | £7.2m | £7.2m |
| Employees (average) | 561 | 1,150 | 1,390 | 1,370 |
| Ratios | ||||
| Profit margin | 10.7% | 9.4% | 9.7% | 9.1% |
| Gross margin | 52.8% | 43.5% | 46.1% | 52.2% |
| Revenue per employee | £30.9k | £42.8k | £53.6k | £57.8k |
| Profit per employee | £3.3k | £4k | £5.2k | £5.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲184% | ▲51.7% | ▲6.3% |
| Profit growth | — | ▲150.4% | ▲56.6% | ▼0.2% |
| Headcount growth | — | ▲105% | ▲20.9% | ▼1.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £1.3m | £178k | £42k |
| Net assets | £1.4m | £4.1m | £4.8m | £13.7m |
| Fixed assets | £189 | £189 | £189 | £91 |
| Current assets | £1.5m | £4.2m | £4.8m | £13.8m |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £9.8k | £9.8k | £51.9k | £9k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 9.1%
- Profit ÷ revenue.
- Gross margin
- 52.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £57.8k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲189%
- Now £13.7m
- Cash at bank
- ▼76%
- Now £42k
- Headcount
- ▼1%
- Now 1,370
- Deferred income
- ▼83%
- Now £9k
- Fixed assets
- ▼52%
- Now £91
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Welford Healthcare LtdRev. £3.5m · Profit £6.5m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £7.2m), from the Companies House accounts bulk data published Dec 2025. 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.