India Bidco Limited
Registered name: INDIA BIDCO LIMITED
Part of Pelican Capital LLP groupIndia Bidco Limited made £320k revenue and a £844k loss in the year to 31 Jan 2026.
India Bidco Limited’s revenue grew 51% to £320k in the year to 31 Jan 2026, with a loss of £844k and 3 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £212k | £320k |
| Gross profit | £212k | £320k |
| Operating profit | −£982k | −£102k |
| Profit before tax | −£1.5m | −£844k |
| Profit after tax | −£1.5m | −£844k |
| Profit (best available) | −£1.5m | −£844k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | −715.7% | −264% |
| Gross margin | 100% | 100% |
| Revenue per employee | £70.8k | £107k |
| Profit per employee | −£506k | −£281k |
| Growth (year on year) | ||
| Revenue growth | — | ▲50.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £124k | £83 |
| Net assets | −£1.5m | −£2.4m |
| Fixed assets | £22.8m | — |
| Current assets | £336k | £172k |
| Debtors | £213k | £172k |
| Deferred income | £4m | £8.8k |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −264%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- −£281k
- 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
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 53.8%
- 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 −£2.4m
- Cash at bank
- ▼100%
- Now £83
- Headcount
- 0%
- Now 3
- Deferred income
- ▼100%
- Now £8.8k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Pelican Capital LLPultimate parent75–100%
- Project Iguazu Nominees Limited75–100%
- India Topco Limited75–100%
- India Midco Limited75–100%
- India Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Finders Genealogists Holdings LimitedRev. — · Profit −£7.7k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit −£844k), from the Companies House accounts bulk data published Jul 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.