How much does Bidco 3 Limited make?

Bidco 3 Limited reported revenue of £281m and a loss of £11.3m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Bidco 3 Limited have?

Bidco 3 Limited reported an average of 2,432 employees in the year to 31 Mar 2025.

Is Bidco 3 Limited profitable?

No — Bidco 3 Limited reported a loss of £11.3m in the year to 31 Mar 2025.

Company No. 13244971 · Incorporated 4 Mar 2021

Bidco 3 Limited

Registered name: BIDCO 3 LIMITED

Bidco 3 Limited made £281m revenue and a £11.3m loss in the year to 31 Mar 2025.

Bidco 3 Limited’s revenue fell 6% to £281m in the year to 31 Mar 2025, with a loss of £11.3m and 2,432 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Manchester
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£281m

Growth ▼5.8%

Profit

−£11.3m

Growth —

Profit margin

−4%

Gross 56.1%

Employees

2,432

Change ▼5.8%

Profit / employee

−£4.7k

Revenue/employee £116k

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£325m	£299m	£281m
Cost of sales	−£147m	−£134m	−£123m
Gross profit	£179m	£165m	£158m
Operating profit	−£2.5m	−£9.3m	−£5m
Profit before tax	−£6.2m	−£14.3m	−£12.5m
Profit after tax	−£5.9m	−£14m	−£11.3m
Profit (best available)	−£5.9m	−£14m	−£11.3m
Employees (average)	2,598	2,581	2,432
Ratios
Profit margin	−1.8%	−4.7%	−4%
Gross margin	54.9%	55.2%	56.1%
Revenue per employee	£125k	£116k	£116k
Profit per employee	−£2.3k	−£5.4k	−£4.7k
Growth (year on year)
Revenue growth	—	▼8.2%	▼5.8%
Headcount growth	—	▼0.7%	▼5.8%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jan 2025	Accounts · bulk data Jan 2025	Accounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −4%; Profit ÷ revenue.
Gross margin: 56.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £116k; Revenue ÷ average employees.
Profit per employee: −£4.7k; 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.

Indirect — not revenue

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: ▼6%; Now 2,432
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Elpis Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit −£11.3m), from the Companies House accounts bulk data published Nov 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.