Project Bridgerton Bidco Limited
Registered name: PROJECT BRIDGERTON BIDCO LIMITED
Part of Lloyds Banking Group PLC groupProject Bridgerton Bidco Limited made £10.8m revenue and a £3.6m loss in the year to 31 Dec 2024.
Project Bridgerton Bidco Limited’s revenue fell 10% to £10.8m in the year to 31 Dec 2024, with a loss of £3.6m and 108 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £12m | £10.8m |
| Cost of sales | £2.8m | £2.8m |
| Gross profit | £9.2m | £7.9m |
| Operating profit | −£1.5m | −£3m |
| Profit before tax | −£4.9m | −£6.6m |
| Profit after tax | −£3.4m | −£3.6m |
| Profit (best available) | −£3.4m | −£3.6m |
| Staff costs | £4.7m | £5.3m |
| Employees (average) | 90 | 108 |
| Ratios | ||
| Profit margin | −28.2% | −33.3% |
| Gross margin | 76.9% | 73.7% |
| Revenue per employee | £133k | £99.7k |
| Profit per employee | −£37.6k | −£33.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼10.2% |
| Headcount growth | — | ▲20% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £230k | £211k |
| Net assets | −£7.1m | −£10.7m |
| Fixed assets | £21.7m | £19.2m |
| Current assets | £238k | £212k |
| Debtors | £7.6k | £34.9k |
| Cash from operations | £2.7m | £3.6m |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- −33.3%
- Profit ÷ revenue.
- Gross margin
- 73.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £99.7k
- Revenue ÷ average employees.
- Profit per employee
- −£33.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 178.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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 −£10.7m
- Cash at bank
- ▼9%
- Now £211k
- Headcount
- ▲20%
- Now 108
- Deferred income
- —
- Now —
- Fixed assets
- ▼11%
- Now £19.2m
Group structure
Ownership chain
- Lloyds Banking Group PLCultimate parent75–100%
- LBG Equity Investments Limited75–100%
- Lloyds Development Capital (Holdings) Limited75–100%
- LDC (General Partner) Limited75–100%
- LDC GP LLP50–75%
- Project Bridgerton Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Marmalade Game Studio LimitedRev. £10.8m · Profit £718k
Sister companies (8)
- Wind Bidco LimitedRev. £55.1m · Profit −£5.5m
- Biozone Scientific Group LimitedRev. — · Profit −£830k
- Ensco 1327 LimitedLiquidationFigures not disclosed
- Ensco 1337 LimitedRev. — · Profit −£1.4m
- Hazel Newco LimitedRev. — · Profit −£7m
- Leo Topco LimitedFigures not disclosed
- Project Penny LimitedRev. — · Profit −£7.6m
- Safari Bidco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£3.6m), from the Companies House accounts bulk data published Aug 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.