Plato Bidco Limited
Registered name: PLATO BIDCO LIMITED
Part of Bowmark Capital LLP groupPlato Bidco Limited made a £18m loss in the year to 31 Dec 2025 (revenue not disclosed).
Plato Bidco Limited reported a loss of £18m in the year to 31 Dec 2025; its revenue was not disclosed. It had 0 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. From the filing: “Plato Midco Limited”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Operating profit | −£499k | £110k |
| Profit before tax | −£15.4m | −£18m |
| Profit after tax | −£15.4m | −£18m |
| Profit (best available) | −£15.4m | −£18m |
| Staff costs | £0 | £748k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | — |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£14.3m | −£31.2m |
| Debtors | £34.5m | £48.8m |
| Deferred income | £156k | £0 |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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 −£31.2m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- ▼100%
- Now £0
- 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
- Bowmark Capital LLPultimate parent75–100%
- Bowmark Capital (Holdings) Limited75–100%
- Bowmark Capital Partners GP Limited75–100%
- Bowmark GP VI LLP50–75%
- Plato Topco Limited75–100%
- Plato Midco Limited75–100%
- Plato Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Cubelogic Group Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£18m), from the Companies House accounts bulk data published Sep 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.