Ofj Spring Topco Limited
Registered name: OFJ SPRING TOPCO LIMITED
Part of Literacy Capital PLC groupOfj Spring Topco Limited made £20.3m revenue and a £14.6m loss in the year to 30 Jun 2025.
Ofj Spring Topco Limited’s revenue fell 6% to £20.3m in the year to 30 Jun 2025, with a loss of £14.6m and 733 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £14.3m | £21.6m | £20.3m |
| Cost of sales | −£5.8m | −£8.8m | −£8.3m |
| Gross profit | £8.5m | £12.8m | £12m |
| Operating profit | −£4.6m | −£6m | −£7.7m |
| Profit before tax | −£5.7m | −£8.9m | −£11.3m |
| Profit after tax | −£3.5m | −£7.4m | −£14.6m |
| Profit (best available) | −£3.5m | −£7.4m | −£14.6m |
| Employees (average) | 804 | 796 | 733 |
| Ratios | |||
| Profit margin | −24.8% | −34.5% | −72% |
| Gross margin | 59.3% | 59.4% | 59.2% |
| Revenue per employee | £17.8k | £27.1k | £27.7k |
| Profit per employee | −£4.4k | −£9.3k | −£19.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲51.1% | ▼6.1% |
| Headcount growth | — | ▼1% | ▼7.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −72%
- Profit ÷ revenue.
- Gross margin
- 59.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £27.7k
- Revenue ÷ average employees.
- Profit per employee
- −£19.9k
- 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
- ▼8%
- Now 733
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Literacy Capital PLCultimate parent75–100%
- Ofj Spring Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ofj Spring Bidco LimitedFigures not disclosed
Sister companies (7)
- Rci Group 2024 LimitedRev. £98.7m · Profit −£12.8m
- Techpoint Group LtdRev. £29.7m · Profit −£2.9m
- Albatross Topco LimitedRev. £6.3m · Profit £555k
- Bright Ventures Education Group LimitedRev. — · Profit £0
- Kelly Topco LimitedRev. — · Profit −£12k
- Live Business Group Holdings LimitedRev. — · Profit −£6.5k
- Orion II Topco LimitedRev. — · Profit £0
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Jun 2025 (profit −£14.6m), from the Companies House accounts bulk data published Apr 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.