Romaco SPV 2 Limited
Registered name: ROMACO SPV 2 LIMITED
Part of Romaco Limited groupRomaco SPV 2 Limited made £15.3m revenue and £1.6m profit in the year to 31 Dec 2025. read from filing text
Romaco SPV 2 Limited’s revenue fell 10% to £15.3m in the year to 31 Dec 2025, with £1.6m profit and 0 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Manchester; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | — | £8m | £17m | £15.3m |
| Cost of sales | — | — | £4.3m | £9.5m | £8.8m |
| Gross profit | — | — | £3.7m | £7.5m | £6.5m |
| Operating profit | — | — | £2.1m | £3.6m | £2.8m |
| Profit before tax | — | — | £1.4m | £2.7m | £2.2m |
| Profit after tax | — | — | £1m | £2m | £1.6m |
| Profit (best available) | — | — | £1m | £2m | £1.6m |
| Employees (average) | 0 | 0 | 0 | 0 | 0 |
| Ratios | |||||
| Profit margin | — | — | 12.7% | 11.9% | 10.8% |
| Gross margin | — | — | 46.2% | 44.2% | 42.5% |
| Cash conversion | — | — | — | −287.8% | 823.8% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▼10.2% |
| Profit growth | — | — | — | — | ▼18.8% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £260k | £345k | £3m | £5.8m | £3.5m |
| Net assets | £1.5m | £2.3m | £2.6m | £4.6m | £4.9m |
| Current assets | £37.8m | £75.9m | £85.2m | £74.3m | £102m |
| Debtors | £36.7m | £75.2m | £81.5m | £64.2m | £94.8m |
| Deferred income | — | — | £800k | £489k | £3m |
| Cash from operations | — | — | — | −£10.3m | £23.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 10.8%
- Profit ÷ revenue.
- Gross margin
- 42.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- 823.8%
- 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
- 19.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 621.4%
- 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
- ▲7%
- Now £4.9m
- Cash at bank
- ▼40%
- Now £3.5m
- Headcount
- —
- Now 0
- Deferred income
- ▲505%
- Now £3m
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Romaco Limitedultimate parent75–100%
- Romaco SPV 2 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (9)
- Roma Planning LimitedFigures not disclosed
- Romaco SPV 1 LimitedFigures not disclosed
- Romaco SPV 10 LimitedFigures not disclosed
- Romaco SPV 3 LimitedFigures not disclosed
- Romaco SPV 4 LimitedFigures not disclosed
- Romaco SPV 5 LimitedFigures not disclosed
- Romaco SPV 6 LimitedFigures not disclosed
- Romaco SPV 8 LimitedFigures not disclosed
- Romaco SPV 9 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.6m), 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.