Trade Topco Limited
Registered name: TRADE TOPCO LIMITED
Part of Groupnexus Limited groupTrade Topco Limited made £38.2m revenue and £2.5m profit in the year to 30 Jun 2024.
Trade Topco Limited’s revenue fell 5% to £38.2m in the year to 30 Jun 2024, with £2.5m profit and 354 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £37.1m | £40m | £38.2m |
| Cost of sales | £21.6m | £22.5m | −£18.7m |
| Gross profit | £15.6m | £17.6m | £19.5m |
| Operating profit | £5.2m | £9.3m | £12.7m |
| Profit before tax | £4.8m | £9.3m | £4.5m |
| Profit after tax | £4.2m | £8.1m | £2.5m |
| Profit (best available) | £4.2m | £8.1m | £2.5m |
| Employees (average) | 442 | 466 | 354 |
| Ratios | |||
| Profit margin | 11.3% | 20.2% | 6.7% |
| Gross margin | 41.9% | 43.9% | 51% |
| Revenue per employee | £84k | £85.9k | £108k |
| Profit per employee | £9.5k | £17.3k | £7.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.9% | ▼4.7% |
| Profit growth | — | ▲91.8% | ▼68.5% |
| Headcount growth | — | ▲5.4% | ▼24% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £112k | £144k | — |
| Net assets | −£2.3m | −£3.2m | — |
| Fixed assets | £31.3m | £31.2m | — |
| Current assets | £134k | £233k | — |
| Debtors | £0 | £0 | — |
| Deferred income | £0 | £0 | — |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 51%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £108k
- Revenue ÷ average employees.
- Profit per employee
- £7.2k
- 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
- ▼24%
- Now 354
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Groupnexus Limitedultimate parent75–100%
- Trade Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- CP Plus LimitedRev. £34.5m · Profit £7.5m
- CP Plus (International) LimitedFigures not disclosed
- Flow Analytics LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Jun 2024 (profit £2.5m), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.