Specialist Risk Investments Limited
Registered name: SPECIALIST RISK INVESTMENTS LIMITED
Part of Sparta UK Midco 1 Limited groupSpecialist Risk Investments Limited made £189m revenue and a £66.8m loss in the year to 31 Dec 2025.
Specialist Risk Investments Limited’s revenue grew 74% to £189m in the year to 31 Dec 2025, with a loss of £66.8m and 1,409 employees. The company is classified under “activities of financial services holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 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.
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 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £109m | £189m |
| Operating profit | −£8.8m | −£43.4m |
| Profit before tax | −£16.9m | −£59.5m |
| Profit after tax | −£19.9m | −£66.8m |
| Profit (best available) | −£19.9m | −£66.8m |
| Employees (average) | 649 | 1,409 |
| Ratios | ||
| Profit margin | −18.3% | −35.3% |
| Revenue per employee | £168k | £134k |
| Profit per employee | −£30.7k | −£47.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲73.8% |
| Headcount growth | — | ▲117.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Sep 2026 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −35.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £134k
- Revenue ÷ average employees.
- Profit per employee
- −£47.4k
- 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
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲117%
- Now 1,409
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Sparta UK Midco 1 Limitedultimate parent75–100%
- Sparta UK Midco 2 Limited75–100%
- Sparta UK Bidco Limited75–100%
- Specialist Risk Investments Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Specialist Risk Midco LimitedFigures not disclosed
Sister companies (1)
- Saturn UK Cleanco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£66.8m), 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.