Luigi Topco Limited
Registered name: LUIGI TOPCO LIMITED
Luigi Topco Limited made £75.6m revenue and a £18.7m loss in the year to 30 Jun 2025.
Luigi Topco Limited’s revenue grew 3% to £75.6m in the year to 30 Jun 2025, with a loss of £18.7m and 1,678 employees. The company is classified under “activities of head offices” and is based in Farnham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Farnham, South East
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £60.6m | £62.9m | £73.5m | £75.6m |
| Gross profit | £41.7m | £39m | £44.6m | £44.6m |
| Operating profit | £12.1m | £4.6m | £675k | −£4.2m |
| Profit before tax | £3.8m | −£4.6m | −£10.6m | −£18.5m |
| Profit after tax | £3.8m | −£5.3m | −£10.9m | −£18.7m |
| Profit (best available) | £3.8m | −£5.3m | −£10.9m | −£18.7m |
| Staff costs | £18m | £21.8m | £26.6m | £28.5m |
| Employees (average) | 1,012 | 1,094 | 1,491 | 1,678 |
| Ratios | ||||
| Profit margin | 6.3% | −8.4% | −14.9% | −24.8% |
| Gross margin | 68.7% | 62.1% | 60.7% | 59% |
| Revenue per employee | £59.9k | £57.5k | £49.3k | £45.1k |
| Profit per employee | £3.8k | −£4.8k | −£7.3k | −£11.2k |
| Cash conversion | 183.6% | 132.7% | 1104% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.8% | ▲16.9% | ▲2.8% |
| Profit growth | — | ▼238.1% | — | — |
| Headcount growth | — | ▲8.1% | ▲36.3% | ▲12.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £25.4m | £13.5m | £10.5m | — |
| Net assets | £989k | £989k | £989k | £989k |
| Fixed assets | £37m | £45.2m | £50.6m | £55.8m |
| Current assets | £30.1m | £23m | £22.2m | £16.8m |
| Debtors | £144k | £198k | £299k | £459k |
| Cash from operations | £22.2m | £6.2m | £7.4m | £11.4m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −24.8%
- Profit ÷ revenue.
- Gross margin
- 59%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £45.1k
- Revenue ÷ average employees.
- Profit per employee
- −£11.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 73.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.6%
- 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
- 0%
- Now £989k
- Cash at bank
- —
- Now —
- Headcount
- ▲13%
- Now 1,678
- Deferred income
- —
- Now —
- Fixed assets
- ▲10%
- Now £55.8m
Group structure
Subsidiaries (2)
- Luigi Midco LimitedRev. £0 · Profit −£7.4m
- Luigi Ebt LimitedFigures not disclosed
Minority corporate shareholders
- Duke Street V Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£18.7m), from the Companies House accounts bulk data published Feb 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.