Pbe Topco Limited
Registered name: PBE TOPCO LIMITED
Part of Freshstream II GP LLP groupPbe Topco Limited made £73.1m revenue and a £13.5m loss in the year to 31 Mar 2025.
Pbe Topco Limited’s revenue grew 87% to £73.1m in the year to 31 Mar 2025, with a loss of £13.5m and 261 employees. The company is classified under “activities of financial services holding companies” and is based in Burton-on-Trent; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Burton-on-Trent
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £39m | £73.1m |
| Cost of sales | −£29.8m | −£52.7m |
| Gross profit | £9.2m | £20.3m |
| Operating profit | −£8.7m | −£10.5m |
| Profit before tax | −£11.6m | −£13.8m |
| Profit after tax | −£11.6m | −£13.5m |
| Profit (best available) | −£11.6m | −£13.5m |
| Employees (average) | 263 | 261 |
| Ratios | ||
| Profit margin | −29.8% | −18.5% |
| Gross margin | 23.6% | 27.8% |
| Revenue per employee | £148k | £280k |
| Profit per employee | −£44.2k | −£51.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲87.2% |
| Headcount growth | — | ▼0.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −18.5%
- Profit ÷ revenue.
- Gross margin
- 27.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £280k
- Revenue ÷ average employees.
- Profit per employee
- −£51.8k
- 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
- ▼1%
- Now 261
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Freshstream II GP LLPultimate parent75–100%
- Pbe Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Pbe Finco LimitedFigures not disclosed
Sister companies (5)
- FS Hurst 1 LimitedRev. £46.8m · Profit −£22.9m
- 091020261 LimitedFigures not disclosed
- BFM Topco LimitedRev. — · Profit −£640k
- Bluebell Cars Ultimate Holding LimitedFigures not disclosed
- G2V Topco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit −£13.5m), from the Companies House accounts bulk data published Oct 2025. 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.