Bliss Newco Limited
Registered name: BLISS NEWCO LIMITED
Part of Northedge Capital II GP LLP groupBliss Newco Limited made £70.5m revenue and a £1m loss in the year to 30 Apr 2025.
Bliss Newco Limited’s revenue fell 2% to £70.5m in the year to 30 Apr 2025, with a loss of £1m and 187 employees. The company is classified under “activities of other holding companies” and is based in Chester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Chester, North West
- Age
- 6 yrs · since 2020
- 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 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £68.7m | £71.8m | £70.5m |
| Cost of sales | −£55.7m | −£57.5m | −£55.6m |
| Gross profit | £13m | £14.3m | £14.9m |
| Operating profit | −£1.3m | −£631k | −£308k |
| Profit before tax | −£2.5m | −£1.1m | −£1.2m |
| Profit after tax | −£3.2m | −£1m | −£1m |
| Profit (best available) | −£3.2m | −£1m | −£1m |
| Employees (average) | 176 | 188 | 187 |
| Ratios | |||
| Profit margin | −4.7% | −1.4% | −1.4% |
| Gross margin | 18.9% | 20% | 21.2% |
| Revenue per employee | £390k | £382k | £377k |
| Profit per employee | −£18.4k | −£5.4k | −£5.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲4.5% | ▼1.8% |
| Headcount growth | — | ▲6.8% | ▼0.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −1.4%
- Profit ÷ revenue.
- Gross margin
- 21.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £377k
- Revenue ÷ average employees.
- Profit per employee
- −£5.4k
- 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
- ▼1%
- Now 187
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Northedge Capital II GP LLPultimate parent75–100%
- Bliss Newco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Bliss Topco LimitedFigures not disclosed
Sister companies (7)
- Bliss Bidco LimitedFigures not disclosed
- Deva Travel and Tours LimitedFigures not disclosed
- Horse Racing Abroad LimitedFigures not disclosed
- International Travel Connections Transport LimitedFigures not disclosed
- Regent Holidays (U.K.) LimitedFigures not disclosed
- Superlarge LimitedFigures not disclosed
- Western and Oriental Travel LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit −£1m), from the Companies House accounts bulk data published Jan 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.