GBC Topco Limited
Registered name: GBC TOPCO LIMITED
Part of Licensed Wholesale Company Limited groupGBC Topco Limited made £0 revenue and a £5.3m loss in the year to 30 Sep 2025. read from filing text
GBC Topco Limited’s revenue was £0 in the year to 30 Sep 2025, with a loss of £5.3m and 2 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, 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.
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: “LWC Drinks Limited,”
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 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £0 | £0 | £0 |
| Operating profit | £286k | −£32.5k | £0 |
| Profit before tax | £286k | £902k | −£5.3m |
| Profit after tax | £286k | £902k | −£5.3m |
| Profit (best available) | £286k | £902k | −£5.3m |
| Employees (average) | 3 | 3 | 2 |
| Ratios | |||
| Profit margin | — | — | — |
| Revenue per employee | £0 | £0 | £0 |
| Profit per employee | £95.4k | £301k | −£2.6m |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £386k | £6.9m | £1.6m |
| Debtors | £3 | £181k | £0 |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£2.6m
- 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 £1.6m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Licensed Wholesale Company Limitedultimate parent75–100%
- LWC Drinks Limited75–100%
- GBC Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Glamorgan Brewing Company LimitedRev. £12.5m · Profit £557k
- G B C (Holdings) LimitedRev. £0 · Profit £0
Sister companies (4)
- Hills Prospect Holdings LtdRev. £0 · Profit £0
- Clarke Jones Holdings LimitedRev. — · Profit £380k
- Expressmode LimitedFigures not disclosed
- H.t.white & Company,limitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit −£5.3m), from the Companies House accounts bulk data published Jun 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.