Brown Topco Limited
Registered name: BROWN TOPCO LIMITED
Brown Topco Limited made £3.2bn revenue and £180m profit in the year to 31 Dec 2024.
Brown Topco Limited’s revenue fell 4% to £3.2bn in the year to 31 Dec 2024, with £180m profit. The company is classified under “activities of other holding companies” and is based in Luton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Luton, East of England
- 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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.3bn | £3.2bn |
| Cost of sales | −£2.6bn | −£2.3bn |
| Gross profit | £718m | £821m |
| Operating profit | £354m | £425m |
| Profit before tax | £40.8m | £262m |
| Profit after tax | £49m | £180m |
| Profit (best available) | £49m | £180m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 1.5% | 5.7% |
| Gross margin | 21.7% | 25.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.2% |
| Profit growth | — | ▲267.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 5.7%
- Profit ÷ revenue.
- Gross margin
- 25.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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 —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Brown Midco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £180m), from the Companies House accounts bulk data published Jun 2025. 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.