Aplus Bidco Limited
Registered name: APLUS BIDCO LIMITED
Part of Aplus Topco Limited groupAplus Bidco Limited made £32m revenue and a £7.7m loss in the year to 31 Dec 2025.
Aplus Bidco Limited’s revenue was £32m in the year to 31 Dec 2025, with a loss of £7.7m and 283 employees. The company is classified under “activities of head offices” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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 | 30 Jun 2023 | 30 Jun 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £88k | £88k | £32m |
| Cost of sales | — | £10.1m | £16.2m |
| Gross profit | £88k | £88k | £15.7m |
| Operating profit | — | −£1.5m | −£1.2m |
| Profit before tax | −£6.3m | −£4.5m | −£8.5m |
| Profit after tax | −£6.3m | −£4.5m | −£7.7m |
| Profit (best available) | −£6.3m | −£4.5m | −£7.7m |
| Staff costs | — | £12.2m | £19.8m |
| Employees (average) | 2 | 2 | 283 |
| Ratios | |||
| Profit margin | −7149% | −5165% | −23.9% |
| Gross margin | 100% | 100% | 49.2% |
| Revenue per employee | £44k | £44k | £113k |
| Profit per employee | −£3.1m | −£2.3m | −£27k |
| Growth (year on year) | |||
| Revenue growth | — | 0% | — |
| Headcount growth | — | 0% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £37k | £12k | £2k |
| Net assets | −£10m | −£14.6m | −£22.2m |
| Fixed assets | £25.7m | £25.7m | £10.2m |
| Current assets | £23m | £23.1m | £23m |
| Debtors | £23m | £15k | £2.5m |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −23.9%
- Profit ÷ revenue.
- Gross margin
- 49.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £113k
- Revenue ÷ average employees.
- Profit per employee
- −£27k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 32%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.8%
- 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 −£22.2m
- Cash at bank
- —
- Now £2k
- Headcount
- —
- Now 283
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £10.2m
Group structure
Ownership chain
- Aplus Topco Limitedultimate parent75–100%
- Aplus Holdco Limited75–100%
- Aplus Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Adviserplus Holdings LimitedFigures not disclosed
- Halborns LimitedFigures not disclosed
- Learning Nexus LimitedFigures not disclosed
- Mentor Advisory Services LimitedFigures not disclosed
- Working Transitions 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 −£7.7m), 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.