Bluebell Cars Topco Limited
Registered name: BLUEBELL CARS TOPCO LIMITED
Part of Peter Waddell Holdco Limited groupBluebell Cars Topco Limited made £859m revenue and a £37.5m loss in the year to 31 Dec 2024.
Bluebell Cars Topco Limited’s revenue grew 23% to £859m in the year to 31 Dec 2024, with a loss of £37.5m and 1,293 employees. The company is classified under “activities of financial services holding companies” and is based in Gillingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gillingham
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £126m | £697m | £859m |
| Cost of sales | −£119m | −£659m | −£811m |
| Gross profit | £6.6m | £38.1m | £48.2m |
| Operating profit | −£3.5m | −£10m | −£21.1m |
| Profit before tax | −£8.4m | −£22.4m | −£38.7m |
| Profit after tax | −£8.5m | −£23.5m | −£37.5m |
| Profit (best available) | −£8.5m | −£23.5m | −£37.5m |
| Employees (average) | 613 | 881 | 1,293 |
| Ratios | |||
| Profit margin | −6.8% | −3.4% | −4.4% |
| Gross margin | 5.3% | 5.5% | 5.6% |
| Revenue per employee | £206k | £792k | £664k |
| Profit per employee | −£13.9k | −£26.7k | −£29k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲23.2% |
| Headcount growth | — | — | ▲46.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −4.4%
- Profit ÷ revenue.
- Gross margin
- 5.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £664k
- Revenue ÷ average employees.
- Profit per employee
- −£29k
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲47%
- Now 1,293
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Peter Waddell Holdco Limitedultimate parent50–75%
- Bluebell Cars Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Bluebell Cars Midco LimitedFigures not disclosed
Sister companies (2)
- Peters Properties Kent LimitedFigures not disclosed
- Whitecliff Dover LimitedFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£37.5m), from the Companies House accounts bulk data published Oct 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.