Fields Bidco Limited
Registered name: FIELDS BIDCO LIMITED
Fields Bidco Limited made £13.6m revenue and a £9.7m loss in the year to 31 Dec 2023. read from filing text
Fields Bidco Limited’s revenue was £13.6m in the year to 31 Dec 2023, with a loss of £9.7m and 31 employees. The company is classified under “activities of other holding companies” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- 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.
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 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £0 | £13.6m |
| Cost of sales | £2.4m | £8.5m |
| Gross profit | −£2.4m | £5.1m |
| Operating profit | −£4.5m | −£3.1m |
| Profit before tax | −£7.1m | −£9.7m |
| Profit after tax | −£6.5m | −£9.7m |
| Profit (best available) | −£6.5m | −£9.7m |
| Employees (average) | 23 | 31 |
| Ratios | ||
| Profit margin | — | −71.4% |
| Gross margin | — | 37.8% |
| Revenue per employee | £0 | £438k |
| Profit per employee | −£282k | −£313k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £108k | £233k |
| Net assets | −£425k | −£7m |
| Fixed assets | £70.8m | £70.8m |
| Current assets | £15.2m | £14.4m |
| Debtors | £0 | £0 |
| Deferred income | £349k | £156k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −71.4%
- Profit ÷ revenue.
- Gross margin
- 37.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £438k
- Revenue ÷ average employees.
- Profit per employee
- −£313k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 520.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 −£7m
- Cash at bank
- —
- Now £233k
- Headcount
- —
- Now 31
- Deferred income
- —
- Now £156k
- Fixed assets
- —
- Now £70.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Richborough Estates Holdings LimitedRev. £13.6m · Profit −£263k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£9.7m), from the Companies House accounts bulk data published May 2024. 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.