Project Techcon Midco Limited
Registered name: PROJECT TECHCON MIDCO LIMITED
Part of NVM GP LLP groupProject Techcon Midco Limited made £0 revenue and £254k profit in the year to 31 Dec 2025. read from filing text
Project Techcon Midco Limited’s revenue was £0 in the year to 31 Dec 2025, with £254k profit and 0 employees. The company is classified under “activities of other holding companies” and is based in Swindon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Swindon, South West
- Age
- 3 yrs · since 2023
- 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. From the filing: “The controlling party is Project TechCon Topco Ltd.”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £0 | £0 | £0 |
| Operating profit | −£65.3k | −£58.6k | −£51.7k |
| Profit before tax | −£1.2m | £273k | £293k |
| Profit after tax | −£1.2m | £273k | £254k |
| Profit (best available) | −£1.2m | £273k | £254k |
| Employees (average) | 5 | 0 | 0 |
| Ratios | |||
| Profit margin | — | — | — |
| Revenue per employee | £0 | — | — |
| Profit per employee | −£232k | — | — |
| Growth (year on year) | |||
| Profit growth | — | — | ▼7.1% |
| Headcount growth | — | ▼100% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£1.2m | £468k | £722k |
| Fixed assets | £184k | £142k | £99.2k |
| Debtors | £19.4m | £22.5m | £24.4m |
| Deferred income | £9.5k | £7.8k | £6.5k |
| Cash from operations | −£1.1m | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
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
- —
- 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
- ▲54%
- Now £722k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- ▼16%
- Now £6.5k
- Fixed assets
- ▼30%
- Now £99.2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- NVM GP LLPultimate parent75–100%
- Project Techcon Topco Limited75–100%
- Project Techcon Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Project Techcon Bidco LimitedRev. £0 · Profit −£1.6m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £254k), from the Companies House accounts bulk data published Aug 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.