How much does Project Panda Bidco Limited make?

Project Panda Bidco Limited reported revenue of £0 and a loss of £4.3m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Project Panda Bidco Limited have?

Project Panda Bidco Limited reported an average of 6 employees in the year to 31 Dec 2025.

Is Project Panda Bidco Limited profitable?

No — Project Panda Bidco Limited reported a loss of £4.3m in the year to 31 Dec 2025.

Company No. 13558584 · Incorporated 10 Aug 2021

Project Panda Bidco Limited

Registered name: PROJECT PANDA BIDCO LIMITED

Part of Project Panda Topco Limited group

Project Panda Bidco Limited made £0 revenue and a £4.3m loss in the year to 31 Dec 2025. read from filing text

Project Panda Bidco Limited’s revenue was £0 in the year to 31 Dec 2025, with a loss of £4.3m and 6 employees. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

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

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.

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£0

Growth —

Profit

−£4.3m

Growth —

Profit margin

—

Employees

Change ▲20%

Profit / employee

−£710k

Revenue/employee £0

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£0	£0	£0
Operating profit	—	−£643k	−£12.8m	−£283k
Profit before tax	−£3.4m	−£3.6m	−£16.7m	−£4.3m
Profit (best available)	−£3.4m	−£3.6m	−£16.7m	−£4.3m
Employees (average)	6	5	5	6
Ratios
Profit margin	—	—	—	—
Revenue per employee	—	£0	£0	£0
Profit per employee	−£564k	−£716k	−£3.3m	−£710k
Growth (year on year)
Headcount growth	—	—	0%	▲20%
Balance sheet — indirect signals, not revenue
Cash at bank	£350	£789	£227	£1.1k
Net assets	−£1.2m	−£4.4m	−£21.1m	−£25.2m
Debtors	—	—	—	£360k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £0; Revenue ÷ average employees.
Profit per employee: −£710k; 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 −£25.2m
Cash at bank: ▲400%; Now £1.1k
Headcount: ▲20%; Now 6
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Project Panda Topco Limitedultimate parent75–100%
Project Panda Bidco Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Meet Life Sciences Group LimitedRev. — · Profit £0

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£4.3m), 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.