How many employees does Clover Bidco Limited have?

Clover Bidco Limited reported an average of 4 employees in the year to 31 Dec 2023.

Company No. 12999125 · Incorporated 5 Nov 2020

Clover Bidco Limited

Q: Is Clover Bidco Limited profitable?

No — Clover Bidco Limited reported a loss of £1.7m in the year to 31 Dec 2023.

Registered name: CLOVER BIDCO LIMITED

Clover Bidco Limited made a £1.7m loss in the year to 31 Dec 2023 (revenue not disclosed).

Clover Bidco Limited reported a loss of £1.7m in the year to 31 Dec 2023; its revenue was not disclosed. It had 4 employees. The company is classified under “business and domestic software development” and is based in Nottingham; we hold 2 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: Nottingham, East Midlands
Age: 5 yrs · since 2020
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: “The parent company and the smallest and largest group in which the results are consolidated is Clover Topco Limited. The registered office of Clover Topco Limited is 12 Castlebridge Office Village, Ki”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

−£1.7m

Growth —

Profit margin

—

Employees

Change 0%

Profit / employee

−£427k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Operating profit	−£140k	−£176k
Profit before tax	−£1.2m	−£1.7m
Profit after tax	−£1.2m	−£1.7m
Profit (best available)	−£1.2m	−£1.7m
Staff costs	£27.3k	£27.4k
Employees (average)	4	4
Ratios
Profit margin	—	—
Profit per employee	−£308k	−£427k
Growth (year on year)
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Net assets	−£1.2m	−£2.9m
Fixed assets	—	£18.5m
Current assets	—	£495k
Debtors	—	£495k
Deferred income	£144k	£10.2k
Source	Accounts · bulk data Dec 2024	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£427k; 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 −£2.9m
Cash at bank: —; Now —
Headcount: 0%; Now 4
Deferred income: ▼93%; Now £10.2k
Fixed assets: —; Now £18.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Bowmark Capital LLPultimate parent75–100%
Bowmark Capital (Holdings) Limited75–100%
Bowmark Capital Partners GP Limited75–100%
Bowmark Growth GP LLP50–75%
Multiverse (Topco) Limited75–100%
Multiverse (Midco 1) Limited75–100%
Multiverse (Midco 2) Limited75–100%
Multiverse (Bidco) Limited75–100%
Clover Topco Limited75–100%
Clover Bidco Limitedthis company

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

Subsidiaries (3)

Altia Solutions LimitedRev. £6.9m · Profit £212k
Badger Software LimitedRev. £1m · Profit £158k
Aquila Intelligence Solutions LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£1.7m), from the Companies House accounts bulk data published Dec 2024. 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.