Ep Reorgco Limited
Registered name: EP REORGCO LIMITED
Ep Reorgco Limited made £145m revenue and a £3.1m loss in the year to 31 Mar 2024.
Ep Reorgco Limited’s revenue grew 87% to £145m in the year to 31 Mar 2024, with a loss of £3.1m and 225 employees. The company is classified under “activities of other holding companies” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter
- Age
- 5 yrs · since 2020
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £44.6m | £77.8m | £145m |
| Cost of sales | −£39.9m | −£71.5m | −£127m |
| Gross profit | £4.8m | £6.3m | £18.7m |
| Operating profit | £2.1m | −£8.3m | −£588k |
| Profit before tax | −£1.1m | −£9.3m | −£2.9m |
| Profit after tax | −£1.4m | −£6m | −£3.1m |
| Profit (best available) | −£1.4m | −£6m | −£3.1m |
| Employees (average) | 96 | 141 | 225 |
| Ratios | |||
| Profit margin | −3.1% | −7.7% | −2.1% |
| Gross margin | 10.7% | 8.1% | 12.9% |
| Revenue per employee | £465k | £551k | £646k |
| Profit per employee | −£14.3k | −£42.3k | −£13.9k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲87% |
| Headcount growth | — | — | ▲59.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −2.1%
- Profit ÷ revenue.
- Gross margin
- 12.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £646k
- Revenue ÷ average employees.
- Profit per employee
- −£13.9k
- 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
- ▲60%
- Now 225
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Ep Moss Holdings LimitedFigures not disclosed
- Ethical Project Developments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit −£3.1m), from the Companies House accounts bulk data published Jan 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.