How much does Cirrus (Topco) Limited make?

Cirrus (Topco) Limited reported revenue of £28.4m and a loss of £37.6m in the year to 30 Apr 2025, according to its accounts filed at Companies House.

Is Cirrus (Topco) Limited profitable?

No — Cirrus (Topco) Limited reported a loss of £37.6m in the year to 30 Apr 2025.

Company No. 15726382 · Incorporated 17 May 2024

Cirrus (Topco) Limited

Registered name: CIRRUS (TOPCO) LIMITED

Part of Bowmark Capital LLP group

Cirrus (Topco) Limited made £28.4m revenue and a £37.6m loss in the year to 30 Apr 2025.

Cirrus (Topco) Limited’s revenue was £28.4m in the year to 30 Apr 2025, with a loss of £37.6m. The company is classified under “other business support service activities” and is based in Maidenhead.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Maidenhead, South East
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.

Latest accounts · year to 30 Apr 2025

Key figures

Revenue

£28.4m

Growth —

Profit

−£37.6m

Growth —

Profit margin

−132.1%

Gross 79.8%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2025
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£28.4m
Cost of sales	−£5.7m
Gross profit	£22.7m
Operating profit	−£17.4m
Profit before tax	−£38m
Profit after tax	−£37.6m
Profit (best available)	−£37.6m
Employees (average)	—
Ratios
Profit margin	−132.1%
Gross margin	79.8%
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −132.1%; Profit ÷ revenue.
Gross margin: 79.8%; 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.

Indirect — not revenue

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: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Bowmark Capital LLPultimate parent75–100%
Bowmark Capital (Holdings) Limited75–100%
Bowmark Capital Partners GP Limited75–100%
Bowmark GP VI LLP75–100%
Cirrus (Topco) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Apr 2025 (profit −£37.6m), 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.