FP Bidco Limited
Registered name: FP BIDCO LIMITED
Part of Montagu Private Equity LLP groupFP Bidco Limited made £93.3m revenue and a £60.9m loss in the year to 30 Sep 2024.
FP Bidco Limited’s revenue grew 10% to £93.3m in the year to 30 Sep 2024, with a loss of £60.9m and 1,240 employees. The company is classified under “activities of other holding companies” and is based in Nottingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nottingham
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £75.5m | £84.7m | £93.3m |
| Cost of sales | −£34m | −£37.9m | −£43.6m |
| Gross profit | £41.5m | £46.8m | £49.7m |
| Operating profit | £505k | £1.4m | −£3.2m |
| Profit before tax | −£49.6m | −£49.5m | −£62.4m |
| Profit after tax | −£47.5m | −£47.3m | −£60.9m |
| Profit (best available) | −£47.5m | −£47.3m | −£60.9m |
| Employees (average) | 995 | 1,096 | 1,240 |
| Ratios | |||
| Profit margin | −63% | −55.8% | −65.3% |
| Gross margin | 55% | 55.3% | 53.2% |
| Revenue per employee | £75.9k | £77.3k | £75.2k |
| Profit per employee | −£47.8k | −£43.2k | −£49.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.2% | ▲10.1% |
| Headcount growth | — | ▲10.2% | ▲13.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −65.3%
- Profit ÷ revenue.
- Gross margin
- 53.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £75.2k
- Revenue ÷ average employees.
- Profit per employee
- −£49.1k
- 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.
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
- ▲13%
- Now 1,240
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Montagu Private Equity LLPultimate parent75–100%
- MLLP Holdings Limited75–100%
- MV Star General Partner Limited75–100%
- FP Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- FP Equityco LimitedFigures not disclosed
Sister companies (1)
- Atlantic UK Bidco LimitedFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2024 (profit −£60.9m), from the Companies House accounts bulk data published Jun 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.