Aquila Topco Limited
Registered name: AQUILA TOPCO LIMITED
Aquila Topco Limited made £466m revenue and a £81.4m loss in the year to 30 Apr 2025.
Aquila Topco Limited’s revenue grew 78% to £466m in the year to 30 Apr 2025, with a loss of £81.4m and 4,546 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £261m | £466m |
| Cost of sales | £130m | £237m |
| Gross profit | £132m | £229m |
| Operating profit | −£14.1m | −£12.8m |
| Profit before tax | −£51.9m | −£81.3m |
| Profit after tax | −£48.7m | −£81.4m |
| Profit (best available) | −£48.7m | −£81.4m |
| Employees (average) | 4,287 | 4,546 |
| Ratios | ||
| Profit margin | −18.6% | −17.5% |
| Gross margin | 50.4% | 49.1% |
| Revenue per employee | £61k | £102k |
| Profit per employee | −£11.4k | −£17.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▲78.2% |
| Headcount growth | — | ▲6% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jan 2026 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −17.5%
- Profit ÷ revenue.
- Gross margin
- 49.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £102k
- Revenue ÷ average employees.
- Profit per employee
- −£17.9k
- 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
- ▲6%
- Now 4,546
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Aquila Midco 1 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit −£81.4m), 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.