How many employees does Canary (Midco 2) Limited have?

Canary (Midco 2) Limited reported an average of 2 employees in the year to 31 Mar 2023.

Company No. 14162494 · Incorporated 9 Jun 2022

Canary (Midco 2) Limited

Q: Is Canary (Midco 2) Limited profitable?

No — Canary (Midco 2) Limited reported a loss of £86 in the year to 31 Mar 2023.

Registered name: CANARY (MIDCO 2) LIMITED

Canary (Midco 2) Limited made a £86 loss in the year to 31 Mar 2023 (revenue not disclosed).

Canary (Midco 2) Limited reported a loss of £86 in the year to 31 Mar 2023; its revenue was not disclosed. It had 2 employees. The company is classified under “other business support service activities” and is based in Norwich.

Profit onlySection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Norwich, East of England
Age: 4 yrs · since 2022
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 Mar 2023

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

−£86

Growth —

Profit margin

—

Employees

Change —

Profit / employee

−£43

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023
Disclosure	Profit only
Profit & loss
Revenue (turnover)	—
Profit before tax	−£106
Profit after tax	−£86
Profit (best available)	−£86
Employees (average)	2
Ratios
Profit margin	—
Profit per employee	−£43
Balance sheet — indirect signals, not revenue
Net assets	−£85
Source	Accounts · bulk data Dec 2023

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: —; Revenue ÷ average employees.
Profit per employee: −£43; 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 −£85
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Bowmark Capital LLPultimate parent75–100%
Bowmark Capital (Holdings) Limited75–100%
Bowmark Capital Partners GP Limited75–100%
Bowmark Growth GP LLP50–75%
Canary (Midco 1) Limited75–100%
Canary (Midco 2) Limitedthis company

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

Subsidiaries (1)

Canary (Bidco) LimitedRev. £383k · Profit −£500k

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 accounts for the year to 31 Mar 2023 (profit −£86), from the Companies House accounts bulk data published Dec 2023. 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.