Rivus Topco Limited
Registered name: RIVUS TOPCO LIMITED
Rivus Topco Limited made £1.4m revenue and £490k profit in the year to 31 Dec 2022.
Rivus Topco Limited’s revenue grew 16% to £1.4m in the year to 31 Dec 2022, with £490k profit and 2 employees. The company is classified under “activities of head offices” and is based in Sutton; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Sutton, London
- Age
- 9 yrs · since 2017
- 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 | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.2m | £1.4m |
| Cost of sales | £1.2m | £1.3m |
| Gross profit | £61.1k | £68.9k |
| Operating profit | −£12.6k | −£2.3m |
| Profit before tax | £349k | £490k |
| Profit after tax | £349k | £490k |
| Profit (best available) | £349k | £490k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 28.6% | 34.6% |
| Gross margin | 5% | 4.9% |
| Revenue per employee | £611k | £709k |
| Profit per employee | £175k | £245k |
| Growth (year on year) | ||
| Revenue growth | — | ▲15.9% |
| Profit growth | — | ▲40.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £146k | £777k |
| Net assets | £4.2m | −£347k |
| Current assets | £12.3m | £10.2m |
| Debtors | £12.1m | £9.4m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 34.6%
- Profit ÷ revenue.
- Gross margin
- 4.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £709k
- Revenue ÷ average employees.
- Profit per employee
- £245k
- 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
- 666.4%
- 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
- ▼108%
- Now −£347k
- Cash at bank
- ▲432%
- Now £777k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Rivus Midco LimitedLiquidationRev. £1.5m · Profit −£10.8m
- Presanella 11 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2022 (profit £490k), from the Companies House accounts bulk data published Jan 2024. 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.