Ireel Fit Holdco Limited
Registered name: IREEL FIT HOLDCO LIMITED
Part of Bluefield Solar Income Fund Ltd groupIreel Fit Holdco Limited made £30.7k revenue and a £1.5m loss in the year to 30 Jun 2025. read from filing text
Ireel Fit Holdco Limited’s revenue fell 50% to £30.7k in the year to 30 Jun 2025, with a loss of £1.5m and 0 employees. The company is classified under “activities of production holding companies” and is based in Bristol; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 8 yrs · since 2018
- 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. From the filing: “The Company's immediate parent company is”
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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £61.5k | £30.7k |
| Operating profit | — | — | — | £2m | −£1.1m |
| Profit before tax | £452k | £1.1m | −£1.2m | £1.6m | −£1.5m |
| Profit after tax | £452k | £1.1m | −£1.2m | £1.6m | −£1.5m |
| Profit (best available) | £452k | £1.1m | −£1.2m | £1.6m | −£1.5m |
| Employees (average) | — | 0 | 0 | 0 | 0 |
| Ratios | |||||
| Profit margin | — | — | — | 2602% | −4936% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▼50% |
| Profit growth | — | — | — | — | ▼194.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £30.9k | £60.1k | £5.8k | £96.8k | £57.1k |
| Net assets | −£456k | £898k | £91.2k | £1.5m | −£109k |
| Current assets | £82.2k | £259k | £672k | £506k | £420k |
| Debtors | £51.3k | £0 | £26.9k | £10.7k | £8.6k |
| Deferred income | £63k | £30.9k | £48.8k | £7.5k | £14.8k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −4936%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 48.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 27.9%
- 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
- ▼107%
- Now −£109k
- Cash at bank
- ▼41%
- Now £57.1k
- Headcount
- —
- Now 0
- Deferred income
- ▲98%
- Now £14.8k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Bluefield Solar Income Fund Ltd (registered outside the UK register)ultimate parent75–100%
- Bluefield Renewables 1 Limited75–100%
- New Road Solar Limited75–100%
- Ireel Fit Topco Limited75–100%
- Ireel Fit Holdco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Farm Power Apollo LimitedRev. £894k · Profit £263k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£1.5m), from the Companies House accounts bulk data published Dec 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.