British Engineering Services Topco 1 Limited
Registered name: BRITISH ENGINEERING SERVICES TOPCO 1 LIMITED
British Engineering Services Topco 1 Limited made £174m revenue and a £95.9m loss in the year to 31 Dec 2025.
British Engineering Services Topco 1 Limited’s revenue grew 3% to £174m in the year to 31 Dec 2025, with a loss of £95.9m and 1,607 employees. The company is classified under “activities of other holding companies” and is based in Warrington; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Warrington, North West
- Age
- 5 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £163m | £169m | £174m |
| Cost of sales | −£102m | −£107m | −£116m |
| Gross profit | £61.4m | £62.1m | £58.5m |
| Operating profit | −£32.3m | −£107m | −£28.4m |
| Profit before tax | −£73.5m | −£160m | −£88.5m |
| Profit after tax | −£70.7m | −£157m | −£95.9m |
| Profit (best available) | −£70.7m | −£157m | −£95.9m |
| Employees (average) | 1,453 | 1,604 | 1,607 |
| Ratios | |||
| Profit margin | −43.3% | −92.8% | −55.1% |
| Gross margin | 37.6% | 36.8% | 33.6% |
| Revenue per employee | £112k | £105k | £108k |
| Profit per employee | −£48.6k | −£97.7k | −£59.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲3.4% | ▲3.1% |
| Headcount growth | — | ▲10.4% | ▲0.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- −55.1%
- Profit ÷ revenue.
- Gross margin
- 33.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £108k
- Revenue ÷ average employees.
- Profit per employee
- −£59.7k
- 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
- ▲0%
- Now 1,607
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- British Engineering Services Finco 1 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£95.9m), 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.