How much does Pine Midco Limited make?

Pine Midco Limited reported revenue of £0 and a loss of £762k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Pine Midco Limited have?

Pine Midco Limited reported an average of 5 employees in the year to 31 Mar 2025.

Is Pine Midco Limited profitable?

No — Pine Midco Limited reported a loss of £762k in the year to 31 Mar 2025.

Company No. 11702019 · Incorporated 28 Nov 2018

Pine Midco Limited

Registered name: PINE MIDCO LIMITED

Part of Elysian Capital II LP group

Pine Midco Limited made £0 revenue and a £762k loss in the year to 31 Mar 2025. read from filing text

Pine Midco Limited’s revenue was £0 in the year to 31 Mar 2025, with a loss of £762k and 5 employees. The company is classified under “other human health activities” and is based in Gloucester; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Gloucester, South West
Age: 7 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: “Pine Topco Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Small team

Revenue

£0

Growth —

Profit

−£762k

Growth —

Profit margin

—

Employees

Change 0%

Profit / employee

−£152k

Revenue/employee £0

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£0	£0	£0
Operating profit	−£4.3k	£0	£0	£0
Profit before tax	−£599k	−£646k	−£704k	−£762k
Profit after tax	−£539k	−£646k	−£704k	−£762k
Profit (best available)	−£539k	−£646k	−£704k	−£762k
Employees (average)	7	5	5	5
Ratios
Profit margin	—	—	—	—
Revenue per employee	£0	£0	£0	£0
Profit per employee	−£77k	−£129k	−£141k	−£152k
Growth (year on year)
Headcount growth	—	▼28.6%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£15	£15	£15	£15
Net assets	−£387k	−£1m	−£1.7m	−£2.5m
Current assets	£5.4m	£5.4m	£5.4m	£5.4m
Debtors	£5.4m	£5.4m	£5.4m	£5.4m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2025	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: −£152k; 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.

Indirect — not revenue

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 −£2.5m
Cash at bank: 0%; Now £15
Headcount: 0%; Now 5
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Elysian Capital II LPultimate parent75–100%
Pine Topco Limited75–100%
Pine Midco Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Pine Bidco LimitedRev. £0 · Profit −£1.7m

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£762k), from the Companies House accounts bulk data published Nov 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.