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Company No. 14905612 · Incorporated 31 May 2023

Project Connect Topco Limited

Registered name: PROJECT CONNECT TOPCO LIMITED

Project Connect Topco Limited made a £253k loss in the year to 31 Mar 2025 (revenue not disclosed).

Project Connect Topco Limited reported a loss of £253k in the year to 31 Mar 2025; its revenue was not disclosed. It had 4 employees. The company is classified under “activities of other holding companies” and is based in Southampton; we hold 3 years of its filed accounts.

Profit onlySection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.
Status
Active
Location
Southampton, South East
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.

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCash flow filed
Revenue
—
Not disclosed in filing
Profit
−£253k
Growth —
Profit margin
—
 
Employees
4
Change —
Profit / employee
−£63.3k
 
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 May 202331 Aug 202431 Mar 2025
DisclosureNo P&LProfit onlyProfit only
Profit & loss
Revenue (turnover)———
Cost of sales—£14.3m£8.2m
Gross profit—£12.6m—
Operating profit—£3.2m—
Profit before tax—£3m−£74.2k
Profit after tax—£2.8m−£253k
Profit (best available)—£2.8m−£253k
Staff costs—£252k£309k
Employees (average)—44
Ratios
Profit margin———
Profit per employee—£704k−£63.3k
Cash conversion—10.8%—
Balance sheet — indirect signals, not revenue
Cash at bank£0£106£46
Net assets£0£1.1m£374k
Fixed assets—£4.2m£2.6m
Current assets—£1.6m£899k
Debtors—£0£0
Deferred income—£115k£0
Cash from operations—£351k−£1.1m
SourceFullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2025FullAccounts · bulk data Apr 2026
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
−£63.3k
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 £374k
Cash at bank
—
Now £46
Headcount
—
Now 4
Deferred income
—
Now £0
Fixed assets
—
Now £2.6m
Corporate ownership

Group structure

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£253k), from the Companies House accounts bulk data published Apr 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.