How much does Project Excalibur Midco 2 Limited make?

Project Excalibur Midco 2 Limited reported revenue of £7.9m and £0 profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

Is Project Excalibur Midco 2 Limited profitable?

Project Excalibur Midco 2 Limited reported break-even results (zero profit) in the year to 31 Dec 2022.

Company No. 11887953 · Incorporated 18 Mar 2019

Project Excalibur Midco 2 Limited

Registered name: PROJECT EXCALIBUR MIDCO 2 LIMITED

Part of Livingbridge Ep LLP group

Project Excalibur Midco 2 Limited made £7.9m revenue and £0 profit in the year to 31 Dec 2022.

Project Excalibur Midco 2 Limited’s revenue grew 10% to £7.9m in the year to 31 Dec 2022, with £0 profit. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Liquidation
Location: London
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

Revenue

£7.9m

Growth ▲10.5%

Profit

£0

Growth —

Profit margin

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.2m	£7.9m
Cost of sales	−£7.2m	−£7.9m
Profit before tax	£0	£0
Profit after tax	£0	£0
Profit (best available)	£0	£0
Employees (average)	—	—
Ratios
Profit margin	0%	0%
Growth (year on year)
Revenue growth	—	▲10.5%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Sep 2023	Accounts · bulk data Sep 2023

Derived from the latest filing

How the business works

Profit margin: 0%; 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: —; 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 —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Livingbridge Ep LLPultimate parent50–75%
Project Excalibur Topco Limited75–100%
Project Excalibur Midco 1 Limited75–100%
Project Excalibur Midco 2 Limitedthis company

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

Subsidiaries (1)

Project Excalibur Bidco LimitedLiquidationFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £0), from the Companies House accounts bulk data published Sep 2023. Spotted an error? Request a correction.

Updated from Companies House on 19 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.