Picnic Bidco Limited
Registered name: PICNIC BIDCO LIMITED
Part of August Equity LLP groupPicnic Bidco Limited made £0 revenue and a £8.6m loss in the year to 30 Nov 2025. read from filing text
Picnic Bidco Limited’s revenue was £0 in the year to 30 Nov 2025, with a loss of £8.6m and 2 employees. The company is classified under “activities of other holding companies” and is based in Belper; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belper, East Midlands
- Age
- 7 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: “Picnic Finco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 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 | −£302k | −£169k | −£172k | −£328k |
| Profit before tax | −£4.5m | −£7.8m | −£9.2m | −£9.2m |
| Profit after tax | −£4.5m | −£7.5m | −£9.1m | −£8.6m |
| Profit (best available) | −£4.5m | −£7.5m | −£9.1m | −£8.6m |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Revenue per employee | £0 | £0 | £0 | £0 |
| Profit per employee | −£2.2m | −£3.7m | −£4.6m | −£4.3m |
| Growth (year on year) | ||||
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£12.6m | −£20.1m | −£29.2m | −£37.8m |
| Debtors | £2.4m | £722k | £801k | £1.4m |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
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
- −£4.3m
- 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 −£37.8m
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- August Equity LLPultimate parent75–100%
- August Equity Management Limited75–100%
- August Equity Partners IV GP Limited75–100%
- August Equity Partners IV General Partner LLP75–100%
- Picnic Topco Limited75–100%
- Picnic Midco Limited75–100%
- Picnic Finco Limited75–100%
- Picnic Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- The Esland Group Holdings LimitedRev. £914k · Profit £445k
- Oracle Care and Education Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit −£8.6m), from the Companies House accounts bulk data published Aug 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.