Morris Bidco Limited
Registered name: MORRIS BIDCO LIMITED
Part of Fpe II Investment GP LLP groupMorris Bidco Limited made £3.1m revenue and a £2.9m loss in the year to 30 Sep 2024. read from filing text
Morris Bidco Limited’s revenue grew 23% to £3.1m in the year to 30 Sep 2024, with a loss of £2.9m and 18 employees. The company is classified under “activities of other holding companies” and is based in Poole; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Poole, South West
- Age
- 5 yrs · since 2021
- 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: “Morris Midco Ltd is the company's immediate parent company, the registered office of which is”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £2.6m | £3.1m |
| Cost of sales | — | £1m | £2.9m |
| Gross profit | — | £1.5m | £202k |
| Operating profit | — | −£215k | −£674k |
| Profit before tax | — | −£1.6m | −£3.4m |
| Profit after tax | — | −£1.6m | −£2.9m |
| Profit (best available) | — | −£1.6m | −£2.9m |
| Employees (average) | 14 | 16 | 18 |
| Ratios | |||
| Profit margin | — | −63.1% | −91.3% |
| Gross margin | — | 60.4% | 6.4% |
| Revenue per employee | — | £159k | £175k |
| Profit per employee | — | −£101k | −£159k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲23.2% |
| Headcount growth | — | ▲14.3% | ▲12.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6.9k | £12.7k | £257 |
| Net assets | £22.5k | −£1.6m | −£4.5m |
| Current assets | £1.7m | £2.5m | £7.1m |
| Debtors | £1.7m | £2.4m | £7.1m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −91.3%
- Profit ÷ revenue.
- Gross margin
- 6.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £175k
- Revenue ÷ average employees.
- Profit per employee
- −£159k
- 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
- 227.2%
- 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 −£4.5m
- Cash at bank
- ▼98%
- Now £257
- Headcount
- ▲13%
- Now 18
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Fpe II Investment GP LLPultimate parent75–100%
- Morris Topco Limited75–100%
- Morris Midco Limited75–100%
- Morris Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Cloud Business Enterprise LtdFigures not disclosed
- Codestone Group Ltd.Rev. — · Profit £24.7k
- Midmarch LimitedRev. — · Profit £35.6k
- Rinedata Holdings LimitedRev. — · Profit £0
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£2.9m), from the Companies House accounts bulk data published Sep 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.