How much does Coral Topco Limited make?

Coral Topco Limited reported revenue of £8.6m and a loss of £2.8m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Coral Topco Limited have?

Coral Topco Limited reported an average of 58 employees in the year to 31 Mar 2025.

Is Coral Topco Limited profitable?

No — Coral Topco Limited reported a loss of £2.8m in the year to 31 Mar 2025.

Company No. 15307740 · Incorporated 24 Nov 2023

Coral Topco Limited

Registered name: CORAL TOPCO LIMITED

Part of MML Enterprise I Holdco 1 Ltd group

Coral Topco Limited made £8.6m revenue and a £2.8m loss in the year to 31 Mar 2025.

Coral Topco Limited’s revenue was £8.6m in the year to 31 Mar 2025, with a loss of £2.8m and 58 employees. The company is classified under “activities of open-ended investment companies” and is based in London.

Full P&L filedSIC 64304Activities of open-ended investment companies

Status: Active
Location: London
Age: 2 yrs · since 2023
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£8.6m

Growth —

Profit

−£2.8m

Growth —

Profit margin

−33.1%

Gross 48.5%

Employees

Change —

Profit / employee

−£49.1k

Revenue/employee £148k

Profitable streak

0yrs

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2025
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£8.6m
Cost of sales	−£4.4m
Gross profit	£4.2m
Operating profit	£141k
Profit before tax	−£2.8m
Profit after tax	−£2.8m
Profit (best available)	−£2.8m
Employees (average)	58
Ratios
Profit margin	−33.1%
Gross margin	48.5%
Revenue per employee	£148k
Profit per employee	−£49.1k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −33.1%; Profit ÷ revenue.
Gross margin: 48.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £148k; Revenue ÷ average employees.
Profit per employee: −£49.1k; 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 —
Cash at bank: —; Now —
Headcount: —; Now 58
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

MML Enterprise I Holdco 1 Ltdultimate parent75–100%
Coral Topco Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Coral Midco LimitedFigures not disclosed

Sister companies (2)

Crust Investco LimitedFigures not disclosed
Ifos Investco LimitedFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit −£2.8m), from the Companies House accounts bulk data published Nov 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.