Ignite Prime Topco Limited
Registered name: IGNITE PRIME TOPCO LIMITED
Part of Phoenix Equity Partners Holdings LLP groupIgnite Prime Topco Limited made £65.5m revenue and a £52.1m loss in the year to 31 Dec 2025.
Ignite Prime Topco Limited’s revenue grew 348% to £65.5m in the year to 31 Dec 2025, with a loss of £52.1m and 211 employees. The company is classified under “activities of other holding companies” and is based in Wimbledon; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wimbledon, 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.
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&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.6m | £65.5m |
| Cost of sales | −£9.1m | −£39.8m |
| Gross profit | £5.6m | £25.7m |
| Operating profit | −£9.7m | −£28.3m |
| Profit before tax | −£15.8m | −£49.2m |
| Profit after tax | −£16.1m | −£52.1m |
| Profit (best available) | −£16.1m | −£52.1m |
| Employees (average) | 173 | 211 |
| Ratios | ||
| Profit margin | −109.9% | −79.5% |
| Gross margin | 38.1% | 39.2% |
| Revenue per employee | £84.6k | £311k |
| Profit per employee | −£93k | −£247k |
| Growth (year on year) | ||
| Revenue growth | — | ▲347.8% |
| Headcount growth | — | ▲22% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −79.5%
- Profit ÷ revenue.
- Gross margin
- 39.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £311k
- Revenue ÷ average employees.
- Profit per employee
- −£247k
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲22%
- Now 211
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Phoenix Equity Partners Holdings LLPultimate parent75–100%
- Phoenix Equity Partners Group Limited75–100%
- Ignite Prime Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ignite Prime Noteco LimitedFigures not disclosed
Sister companies (14)
- Setfords Group LimitedRev. £62.9m · Profit −£469k
- Spyder Holdco LimitedRev. £27.9m · Profit −£13.8m
- Pride Topco LimitedRev. £9.2m · Profit −£7.8m
- SMH Topco LimitedRev. £8.9m · Profit £38k
- Cybanetix Topco LimitedRev. — · Profit £31.2k
- Envisage Healthcare LimitedFigures not disclosed
- Noctua Topco LimitedFigures not disclosed
- Phoenix Equity Nominees LimitedFigures not disclosed
- Phoenix Equity Partners 2010 GP, L.P.Figures not disclosed
- Phoenix Equity Partners LimitedFigures not disclosed
- Phoenix Equity Partners Limited Partnership 2006Figures not disclosed
- Phoenix Private Equity LimitedFigures not disclosed
- Project Century Topco LimitedFigures not disclosed
- Universally Speaking Topco LimitedRev. — · Profit −£275k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£52.1m), 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.