Rubicone Topco Limited
Registered name: RUBICONE TOPCO LIMITED
Rubicone Topco Limited made £83m revenue and a £2.4m loss in the year to 31 Aug 2025.
Rubicone Topco Limited’s revenue grew 16% to £83m in the year to 31 Aug 2025, with a loss of £2.4m and 5 employees. The company is classified under “activities of other holding companies” and is based in Pentwyn; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Pentwyn, Wales
- Age
- 4 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £35.4m | £65m | £71.5m | £83m |
| Cost of sales | £20m | £36.1m | £38.6m | £43.9m |
| Gross profit | £15.4m | £29m | £32.8m | £39.1m |
| Operating profit | −£5m | £2.6m | £1.4m | £4m |
| Profit before tax | −£19.8m | −£30.6m | £23.6m | −£27.2m |
| Profit after tax | −£771k | −£1.9m | −£2.1m | −£2.4m |
| Profit (best available) | −£771k | −£1.9m | −£2.1m | −£2.4m |
| Staff costs | £18.1m | £34m | £40.8m | £47.3m |
| Employees (average) | 5 | 4 | 4 | 5 |
| Ratios | ||||
| Profit margin | −2.2% | −3% | −2.9% | −2.8% |
| Gross margin | 43.4% | 44.5% | 46% | 47.1% |
| Revenue per employee | £7.1m | £16.3m | £17.9m | £16.6m |
| Profit per employee | −£154k | −£485k | −£514k | −£472k |
| Cash conversion | — | 525.5% | 777% | 419.3% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲9.9% | ▲16.1% |
| Headcount growth | — | — | 0% | ▲25% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.8m | £3.9m | £3.3m | — |
| Net assets | £543k | −£1.4m | −£3.5m | −£5.8m |
| Fixed assets | £228m | £226m | £217m | £212m |
| Current assets | £16.7m | £17.5m | £19.1m | £19.4m |
| Debtors | £6.3m | £6.5m | £4.3m | £3.6m |
| Cash from operations | −£1.7m | £13.9m | £10.5m | £16.9m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- −2.8%
- Profit ÷ revenue.
- Gross margin
- 47.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £16.6m
- Revenue ÷ average employees.
- Profit per employee
- −£472k
- Profit ÷ average employees.
- Cash conversion
- 419.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 255.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.3%
- 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 −£5.8m
- Cash at bank
- —
- Now —
- Headcount
- ▲25%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▼2%
- Now £212m
Group structure
Subsidiaries (1)
- Rubicone Midco LimitedRev. £0 · Profit −£12.6m
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit −£2.4m), from the Companies House accounts bulk data published May 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.