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Company No. 12354290 · Incorporated 9 Dec 2019

Spaghetti Bridge Ltd

Registered name: SPAGHETTI BRIDGE LTD

Part of Thompson Taraz Group PLC group

Spaghetti 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.

Full P&L filedSection P · EducationSIC 85590Other education n.e.c.
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”

Latest accounts · year to 31 Aug 2025

Key figures

Revenue
£24.4m
Growth ▲90.8%
Profit
−£777k
Growth —
Profit margin
−3.2%
Gross 58%
Employees
325
Change ▲69.3%
Profit / employee
−£2.4k
Revenue/employee £75.1k
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 to31 Aug 202231 Aug 202331 Aug 202431 Aug 2025
DisclosureFull P&LFull P&LFull P&LFull 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)65117192325
Ratios
Profit margin−39.8%−73.6%−58.9%−3.2%
Gross margin53.6%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
SourceAccounts · bulk data May 2024Accounts · bulk data May 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data May 2026
Derived from the latest filing

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.
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 −£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
Corporate ownership

Group structure

Ownership chain

  1. Thompson Taraz Group PLCultimate parent75–100%
  2. Thompson Taraz Depositary Limited75–100%
  3. TT Nominees Limited75–100%
  4. Pulford Trading Limited75–100%
  5. Bridges Care and Education Limited75–100%
  6. 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.