Spaghetti Bridge Ltd
Registered name: SPAGHETTI BRIDGE LTD
Part of Thompson Taraz Group PLC groupSpaghetti Bridge Ltd made £24.4m revenue and a £777k loss in the year to 31 Aug 2025.
Spaghetti Bridge Ltd’s revenue grew 91% to £24.4m in the year to 31 Aug 2025, with a loss of £777k and 325 employees. The company is classified under “other education” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 6 yrs · since 2019
- 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: “Bridges Care and Education Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £3.2m | £7m | £12.8m | £24.4m |
| Cost of sales | £1.5m | £3.3m | £5.8m | £10.3m |
| Gross profit | £1.7m | £3.7m | £7m | £14.2m |
| Operating profit | — | −£1.3m | £72.4k | £3.4m |
| Profit before tax | −£1.8m | −£4.2m | −£5.3m | −£3.5m |
| Profit after tax | −£1.3m | −£5.1m | −£7.5m | −£777k |
| Profit (best available) | −£1.3m | −£5.1m | −£7.5m | −£777k |
| Staff costs | £2.4m | £5.1m | £8.5m | £14.7m |
| Employees (average) | 65 | 117 | 192 | 325 |
| Ratios | ||||
| Profit margin | −39.8% | −73.6% | −58.9% | −3.2% |
| Gross margin | 53.6% | 53.2% | 55% | 58% |
| Revenue per employee | £49.5k | £59.6k | £66.6k | £75.1k |
| Profit per employee | −£19.7k | −£43.9k | −£39.2k | −£2.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲116.7% | ▲83.4% | ▲90.8% |
| Headcount growth | — | ▲80% | ▲64.1% | ▲69.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £876k | £2.9m | £6.2m | £3.7m |
| Net assets | −£1.7m | −£6.8m | −£14.4m | −£15.1m |
| Fixed assets | £10.9m | £26.8m | £35.7m | £52.4m |
| Current assets | £1.7m | £4.4m | £9.6m | £10.1m |
| Debtors | £44.7k | £913k | £2.3m | £5.1m |
| Deferred income | £549k | £3.6m | £7.7m | £8.3m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- −3.2%
- Profit ÷ revenue.
- Gross margin
- 58%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £75.1k
- Revenue ÷ average employees.
- Profit per employee
- −£2.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 214.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 34.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.8%
- 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 −£15.1m
- Cash at bank
- ▼40%
- Now £3.7m
- Headcount
- ▲69%
- Now 325
- Deferred income
- ▲8%
- Now £8.3m
- Fixed assets
- ▲47%
- Now £52.4m
Group structure
Ownership chain
- Thompson Taraz Group PLCultimate parent75–100%
- Thompson Taraz Depositary Limited75–100%
- TT Nominees Limited75–100%
- Pulford Trading Limited75–100%
- Bridges Care and Education Limited75–100%
- Spaghetti Bridge Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit −£777k), from the Companies House accounts bulk data published May 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.