How much does Tophat Industries Limited make?

Tophat Industries Limited reported revenue of £12.4m and a loss of £18m in the year to 31 Oct 2021, according to its accounts filed at Companies House.

How many employees does Tophat Industries Limited have?

Tophat Industries Limited reported an average of 127 employees in the year to 31 Oct 2021.

Is Tophat Industries Limited profitable?

No — Tophat Industries Limited reported a loss of £18m in the year to 31 Oct 2021.

Company No. 10136060 · Incorporated 20 Apr 2016

Tophat Industries Limited

Registered name: TOPHAT INDUSTRIES LIMITED

Part of The Goldman Sachs Group, Inc. group

Tophat Industries Limited made £12.4m revenue and a £18m loss in the year to 31 Oct 2021.

Tophat Industries Limited’s revenue was £12.4m in the year to 31 Oct 2021, with a loss of £18m and 127 employees. The company is classified under “other manufacturing” and is based in Derby.

Full P&L filedSIC 32990Other manufacturing n.e.c.

Status: Liquidation
Location: Derby
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Oct 2021

Key figures

Revenue

£12.4m

Growth —

Profit

−£18m

Growth —

Profit margin

−145.8%

Gross −100.4%

Employees

127

Change —

Profit / employee

−£142k

Revenue/employee £97.5k

Profitable streak

0yrs

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2021
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£12.4m
Cost of sales	−£24.8m
Gross profit	−£12.4m
Operating profit	−£17.1m
Profit before tax	−£19.5m
Profit after tax	−£18m
Profit (best available)	−£18m
Employees (average)	127
Ratios
Profit margin	−145.8%
Gross margin	−100.4%
Revenue per employee	£97.5k
Profit per employee	−£142k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Aug 2023

Derived from the latest filing

How the business works

Profit margin: −145.8%; Profit ÷ revenue.
Gross margin: −100.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £97.5k; Revenue ÷ average employees.
Profit per employee: −£142k; 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: —; Now 127
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

The Goldman Sachs Group, Inc. (registered outside the UK register)ultimate parent75–100%
Elq Investors VII Ltd75–100%
GS Sapphire Holding II Limited75–100%
GS Sapphire Holding Limited75–100%
Ainscough Holdings Limited75–100%
Tophat UK Holdings Limited75–100%
Tophat Industries Limitedthis company

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

Sister companies (1)

Tophat Communities LimitedActive - Proposal to Strike offFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Oct 2021 (profit −£18m), from the Companies House accounts bulk data published Aug 2023. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.