TDP Bidco Limited
Registered name: TDP BIDCO LIMITED
Part of British United Provident Association Limited(The) groupTDP Bidco Limited made £16.4m revenue and a £3.3m loss in the year to 31 Mar 2024.
TDP Bidco Limited’s revenue grew 12% to £16.4m in the year to 31 Mar 2024, with a loss of £3.3m and 26 employees. The company is classified under “general medical practice activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
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. From the filing: “TDP Finco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.6m | £16.4m |
| Cost of sales | £8.2m | £9.9m |
| Gross profit | £6.5m | £6.5m |
| Operating profit | −£1.2m | −£1.2m |
| Profit before tax | −£2.1m | −£2.3m |
| Profit after tax | −£2.7m | −£3.3m |
| Profit (best available) | −£2.7m | −£3.3m |
| Staff costs | £961k | £1.1m |
| Employees (average) | 20 | 26 |
| Ratios | ||
| Profit margin | −18.7% | −20.1% |
| Gross margin | 44.1% | 39.9% |
| Revenue per employee | £732k | £631k |
| Profit per employee | −£137k | −£127k |
| Growth (year on year) | ||
| Revenue growth | — | ▲12.1% |
| Headcount growth | — | ▲30% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£51.1k | £2.4k |
| Fixed assets | £26.4m | £26.5m |
| Current assets | £100k | £230k |
| Debtors | £492k | £743k |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −20.1%
- Profit ÷ revenue.
- Gross margin
- 39.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £631k
- Revenue ÷ average employees.
- Profit per employee
- −£127k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 161.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.5%
- 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 £2.4k
- Cash at bank
- —
- Now —
- Headcount
- ▲30%
- Now 26
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £26.5m
Group structure
Ownership chain
- British United Provident Association Limited(The)ultimate parent75–100%
- Bupa Finance PLC.75–100%
- Bupa Investments Limited75–100%
- Bupa Occupational Health Limited75–100%
- TDP Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Canterbury Skin and Laser Clinic LimitedFigures not disclosed
- Everything Skin LimitedFigures not disclosed
- ST. Michael's Clinic LtdFigures not disclosed
- Stratum Aesthetics LimitedFigures not disclosed
- Stratum Clinics LimitedFigures not disclosed
- The Harley Street Dermatology Clinic LtdFigures not disclosed
Sister companies (4)
- Blackberry Clinic Group LimitedFigures not disclosed
- Bupa Diagnostic & Secondary Care (London) LimitedRev. — · Profit −£1.3m
- Occupational Health Care LimitedFigures not disclosed
- The New Victoria Hospital LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit −£3.3m), from the Companies House accounts bulk data published Dec 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.