Panacea Topco Limited
Registered name: PANACEA TOPCO LIMITED
Part of Panacea Investco Limited groupPanacea Topco Limited made £0 revenue and a £341k loss in the year to 31 Dec 2025. read from filing text
Panacea Topco Limited’s revenue was £0 in the year to 31 Dec 2025, with a loss of £341k and 0 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
- 2 yrs · since 2024
- 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.
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: “The ultimate controlling party is HIP V Aggregator S.C.A SICAV RAIF which is incorporated in Luxembourg.”
Key figures
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 | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £0 | £0 |
| Operating profit | −£9.2k | −£2.5k |
| Profit before tax | −£116k | −£341k |
| Profit after tax | −£116k | −£341k |
| Profit (best available) | −£116k | −£341k |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | — | — |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £23.1k |
| Net assets | £8.7k | −£332k |
| Current assets | £31.3m | £33.5m |
| Debtors | £29.9m | £33.4m |
| Deferred income | £1.4m | £0 |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 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 −£332k
- Cash at bank
- —
- Now £23.1k
- Headcount
- —
- Now 0
- Deferred income
- —
- 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
- Panacea Investco Limitedultimate parent75–100%
- Panacea Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Panacea Finco LimitedRev. £20.6m · Profit −£4.3m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£341k), 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.