Aplus Topco Limited
Registered name: APLUS TOPCO LIMITED
Aplus Topco Limited made £19.9m revenue and a £221k loss in the year to 30 Jun 2024.
Aplus Topco Limited’s revenue grew 11% to £19.9m in the year to 30 Jun 2024, with a loss of £221k and 295 employees. The company is classified under “activities of head offices” and is based in London; we hold 2 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.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £17.9m | £19.9m |
| Cost of sales | £9.9m | £10.1m |
| Gross profit | £8m | £9.8m |
| Operating profit | −£3.9m | −£1.5m |
| Profit before tax | −£9.2m | −£7.7m |
| Profit after tax | −£470k | −£221k |
| Profit (best available) | −£470k | −£221k |
| Staff costs | £12.1m | £12.2m |
| Employees (average) | 319 | 295 |
| Ratios | ||
| Profit margin | −2.6% | −1.1% |
| Gross margin | 44.7% | 49.4% |
| Revenue per employee | £56.3k | £67.3k |
| Profit per employee | −£1.5k | −£749 |
| Growth (year on year) | ||
| Revenue growth | — | ▲10.7% |
| Headcount growth | — | ▼7.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4k | £2k |
| Net assets | £2m | £1.8m |
| Fixed assets | £18.7m | £16.2m |
| Current assets | £4.8m | £4.8m |
| Debtors | £3m | £2.6m |
| Cash from operations | £4.1m | £1.6m |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −1.1%
- Profit ÷ revenue.
- Gross margin
- 49.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £67.3k
- Revenue ÷ average employees.
- Profit per employee
- −£749
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 81.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.2%
- 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
- ▼11%
- Now £1.8m
- Cash at bank
- ▼50%
- Now £2k
- Headcount
- ▼8%
- Now 295
- Deferred income
- —
- Now —
- Fixed assets
- ▼14%
- Now £16.2m
Group structure
Subsidiaries (1)
- Aplus Holdco LimitedRev. £0 · Profit −£1.9m
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£221k), from the Companies House accounts bulk data published Mar 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.