Acorn PG Holdings Limited
Registered name: ACORN PG HOLDINGS LIMITED
Acorn PG Holdings Limited made £45.3m revenue and a £168 loss in the year to 30 Sep 2024.
Acorn PG Holdings Limited’s revenue fell 57% to £45.3m in the year to 30 Sep 2024, with a loss of £168 and 126 employees. The company is classified under “activities of head offices” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 3 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 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £106m | £45.3m |
| Cost of sales | £84.5m | £47.3m |
| Gross profit | £21.7m | −£1.9m |
| Operating profit | £7.6m | −£17.2m |
| Profit before tax | £611k | −£14.5m |
| Profit after tax | −£51 | −£168 |
| Profit (best available) | −£51 | −£168 |
| Staff costs | £7.6m | £8.1m |
| Employees (average) | — | 126 |
| Ratios | ||
| Profit margin | 0% | 0% |
| Gross margin | 20.5% | −4.2% |
| Revenue per employee | — | £360k |
| Profit per employee | — | −£1 |
| Cash conversion | 216.6% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼57.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £3.1k | £363 |
| Net assets | −£30.2m | −£43m |
| Fixed assets | £6.9m | £6.9m |
| Current assets | £24k | £8.2m |
| Debtors | £20.9k | £8.2m |
| Cash from operations | £16.4m | −£38.6m |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- −4.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £360k
- Revenue ÷ average employees.
- Profit per employee
- −£1
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.1%
- 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 −£43m
- Cash at bank
- ▼88%
- Now £363
- Headcount
- —
- Now 126
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £6.9m
Group structure
Subsidiaries (2)
- RST Residential Investments LimitedRev. £55.5k · Profit −£169k
- Apg Hit LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£168), from the Companies House accounts bulk data published Jan 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.