Project Eric Topco Limited
Registered name: PROJECT ERIC TOPCO LIMITED
Project Eric Topco Limited made £10.8m revenue and £0 profit in the year to 31 Mar 2025.
Project Eric Topco Limited’s revenue was £10.8m in the year to 31 Mar 2025, with £0 profit and 0 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 2 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 | 3 Dec 2023 | 31 Mar 2025 |
|---|---|---|
| Disclosure | No P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | — | £10.8m |
| Cost of sales | — | £6.5m |
| Gross profit | — | £4.3m |
| Operating profit | — | £785k |
| Profit before tax | — | £553k |
| Profit after tax | — | £0 |
| Profit (best available) | — | £0 |
| Staff costs | — | £0 |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | — | 0% |
| Gross margin | — | 39.6% |
| Cash conversion | — | 761.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £1.2m |
| Net assets | — | £12.3m |
| Fixed assets | — | £21.6m |
| Current assets | — | £5.8m |
| Debtors | — | £0 |
| Deferred income | — | £0 |
| Cash from operations | — | £6m |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 39.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- 761.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 200.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 £12.3m
- Cash at bank
- —
- Now £1.2m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £21.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Project Eric Midco 1 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £0), 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.