Globe Topco Limited
Registered name: GLOBE TOPCO LIMITED
Part of L'Oreal S.A. groupGlobe Topco Limited made £136m revenue and a £89.8m loss in the year to 31 Dec 2025.
Globe Topco Limited’s revenue was £136m in the year to 31 Dec 2025, with a loss of £89.8m and 284 employees. The company is classified under “non-trading company” and is based in Elstree; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Elstree, East of England
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 30 Sep 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £45.3m | £69.1m | £69.1m | £136m |
| Cost of sales | −£11.5m | −£17.1m | −£17.1m | −£36.6m |
| Gross profit | £33.7m | £52m | £52m | £99.1m |
| Operating profit | −£32.4m | −£31m | −£31m | −£52m |
| Profit before tax | −£58.6m | −£60.1m | −£60.1m | −£82.8m |
| Profit after tax | −£61.8m | −£58.3m | −£58.3m | −£89.8m |
| Profit (best available) | −£61.8m | −£58.3m | −£58.3m | −£89.8m |
| Employees (average) | 195 | 234 | 234 | 284 |
| Ratios | ||||
| Profit margin | −136.6% | −84.3% | −84.3% | −66.2% |
| Gross margin | 74.5% | 75.2% | 75.2% | 73% |
| Revenue per employee | £232k | £295k | £295k | £478k |
| Profit per employee | −£317k | −£249k | −£249k | −£316k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲52.7% | — | — |
| Headcount growth | — | ▲20% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2026 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −66.2%
- Profit ÷ revenue.
- Gross margin
- 73%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £478k
- Revenue ÷ average employees.
- Profit per employee
- −£316k
- 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
- —
- Now 284
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- L'Oreal S.A. (registered outside the UK register)ultimate parent75–100%
- Csa Topco Limited75–100%
- Globe Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Globe Midco 1 LimitedFigures not disclosed
Sister companies (1)
- Csa Nominee 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 −£89.8m), 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.