Snowy Topco Limited
Registered name: SNOWY TOPCO LIMITED
Part of International Business Machines Corporation groupSnowy Topco Limited made £57.8m revenue and £7.7m profit in the year to 31 Jul 2025.
Snowy Topco Limited’s revenue grew 62% to £57.8m in the year to 31 Jul 2025, with £7.7m profit and 157 employees. The company is classified under “activities of other holding companies” and is based in Farnborough; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Farnborough, South East
- Age
- 4 yrs · since 2022
- 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 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £24m | £35.6m | £57.8m |
| Cost of sales | −£16.5m | −£21.5m | −£36.3m |
| Gross profit | £7.6m | £14.1m | £21.4m |
| Operating profit | £1.7m | £1.1m | £10.2m |
| Profit before tax | £102k | −£1.2m | £10.3m |
| Profit after tax | £429k | −£988k | £7.7m |
| Profit (best available) | £429k | −£988k | £7.7m |
| Employees (average) | 70 | 115 | 157 |
| Ratios | |||
| Profit margin | 1.8% | −2.8% | 13.3% |
| Gross margin | 31.5% | 39.6% | 37.1% |
| Revenue per employee | £343k | £310k | £368k |
| Profit per employee | £6.1k | −£8.6k | £49k |
| Growth (year on year) | |||
| Revenue growth | — | ▲48.2% | ▲62.2% |
| Profit growth | — | ▼330.5% | — |
| Headcount growth | — | ▲64.3% | ▲36.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jul 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 13.3%
- Profit ÷ revenue.
- Gross margin
- 37.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £368k
- Revenue ÷ average employees.
- Profit per employee
- £49k
- 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
- ▲37%
- Now 157
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- International Business Machines Corporation (registered outside the UK register)ultimate parent75–100%
- Ibm North Region Holdings75–100%
- Ibm United Kingdom Holdings Limited75–100%
- Ibm United Kingdom Limited75–100%
- Snowy Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (19)
- MS Modernisation Services UK, Ltd.LiquidationRev. £2.5m · Profit £1.6m
- Envizi UK LimitedLiquidationRev. £982k · Profit −£149k
- Accelalpha Europe LtdLiquidationFigures not disclosed
- Apptio Europe LimitedLiquidationFigures not disclosed
- Ast UK Holdco LimitedLiquidationFigures not disclosed
- Datastax UK Ltd.LiquidationFigures not disclosed
- Digital Fuel International LimitedLiquidationFigures not disclosed
- Frontera Consulting UK LtdLiquidationFigures not disclosed
- Hakkoda UK Services LimitedLiquidationFigures not disclosed
- Hashicorp UK LimitedLiquidationFigures not disclosed
- International Business Machines LimitedFigures not disclosed
- Nordcloud LimitedFigures not disclosed
- Snowy Bidco LimitedFigures not disclosed
- Snowy Midco 1 LimitedFigures not disclosed
- Snowy Midco 2 LimitedFigures not disclosed
- SPSS LimitedFigures not disclosed
- Sterling Commerce (UK) LimitedFigures not disclosed
- Super Ipaas Integration UK LimitedLiquidationFigures not disclosed
- Symatrix LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jul 2025 (profit £7.7m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.