Project Panda Topco Limited
Registered name: PROJECT PANDA TOPCO LIMITED
Project Panda Topco Limited does not publish its revenue or profit. Its accounts to 31 Dec 2025 show net assets of -£2.1m and 162 employees.
Project Panda Topco Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2025 showed net assets of −£2.1m and 162 employees. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Revenue not disclosed
Project Panda Topco Limited’s accounts for the year to 31 Dec 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 162
- Net assets
- −£2.1m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Cost of sales | £44.8m | £37.9m | £42.8m | — |
| Profit (best available) | — | — | — | — |
| Staff costs | £25m | £19.3m | £15.5m | £16.5m |
| Employees (average) | 216 | 227 | 162 | 162 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Growth (year on year) | ||||
| Headcount growth | — | — | ▼28.6% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.4m | £6m | £6m | £4.4m |
| Net assets | £234k | −£171k | −£1.8m | −£2.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
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 −£2.1m
- Cash at bank
- ▼26%
- Now £4.4m
- Headcount
- 0%
- Now 162
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Project Panda Bidco LimitedRev. £0 · Profit −£4.3m
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025, from the Companies House accounts bulk data published Sep 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.