BFM Holdco Limited
Registered name: BFM HOLDCO LIMITED
Part of Freshstream II GP LLP groupBFM Holdco Limited made £3.4m revenue and £695k profit in the year to 31 Dec 2025. read from filing text
BFM Holdco Limited’s revenue fell 16% to £3.4m in the year to 31 Dec 2025, with £695k profit and 2 employees. The company is classified under “activities of financial services holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
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 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) | — | £11.7m | £4m | £3.4m |
| Cost of sales | £287k | £863k | £572k | £450k |
| Gross profit | — | £11.6m | £3.5m | £2.9m |
| Operating profit | — | £2.2m | £1.8m | £1.4m |
| Profit before tax | — | £2.6m | £1.2m | £701k |
| Profit after tax | −£293k | £2.2m | £1.1m | £695k |
| Profit (best available) | −£293k | £2.2m | £1.1m | £695k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | 18.9% | 28.2% | 20.5% |
| Gross margin | — | 98.7% | 85.8% | 86.7% |
| Revenue per employee | — | £5.9m | £2m | £1.7m |
| Profit per employee | −£147k | £1.1m | £568k | £348k |
| Cash conversion | — | 1158% | −8.3% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼65.5% | ▼16% |
| Profit growth | — | — | ▼48.5% | ▼38.7% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £754k | £781k | £1.2m | £1.2m |
| Net assets | £182k | £14.1m | £16.8m | £16.3m |
| Fixed assets | £36.4m | £19.2m | £23m | £24.1m |
| Current assets | £6.3m | £2.5m | £4.2m | £9.5m |
| Debtors | £56.2k | £48.7k | £72.9k | £166k |
| Deferred income | £1.8m | £252k | £260k | £230k |
| Cash from operations | −£36.6m | £25.6m | −£148k | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 20.5%
- Profit ÷ revenue.
- Gross margin
- 86.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.7m
- Revenue ÷ average employees.
- Profit per employee
- £348k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 712.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.9%
- 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
- ▼3%
- Now £16.3m
- Cash at bank
- ▼2%
- Now £1.2m
- Headcount
- 0%
- Now 2
- Deferred income
- ▼12%
- Now £230k
- Fixed assets
- ▲5%
- Now £24.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Freshstream II GP LLPultimate parent50–75%
- BFM Topco Limited75–100%
- BFM UK Asset Pledgeco Limited75–100%
- BFM UK Finco Limited75–100%
- BFM Holdco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- KMC Music LtdRev. £929k · Profit £96.2k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £695k), 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.