Adult Newco Ltd
Registered name: ADULT NEWCO LTD
Adult Newco Ltd made £6m revenue and £332k profit in the year to 31 Mar 2025.
Adult Newco Ltd’s revenue was £6m in the year to 31 Mar 2025, with £332k profit and 113 employees. The company is classified under “activities of other holding companies” and is based in Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- 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: “Dhanoa Newco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 16 Oct 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.2m | £6m |
| Cost of sales | £3.4m | £4m |
| Gross profit | £1.8m | £2m |
| Operating profit | £541k | £517k |
| Profit before tax | £541k | £517k |
| Profit after tax | £411k | £332k |
| Profit (best available) | £411k | £332k |
| Staff costs | £3.3m | £3.8m |
| Employees (average) | 120 | 113 |
| Ratios | ||
| Profit margin | 7.9% | 5.6% |
| Gross margin | 34.5% | 33.4% |
| Revenue per employee | £43.6k | £52.8k |
| Profit per employee | £3.4k | £2.9k |
| Cash conversion | 141.7% | 57.6% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £900k | £1.2m |
| Fixed assets | £1.1m | £1.3m |
| Current assets | £1.8m | £2.1m |
| Debtors | £211k | £273k |
| Cash from operations | £767k | £298k |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 5.6%
- Profit ÷ revenue.
- Gross margin
- 33.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.8k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- Profit ÷ average employees.
- Cash conversion
- 57.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.6%
- 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 £1.2m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 113
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £1.3m
Group structure
Subsidiaries (1)
- Progress Adult Living Services LimitedFigures not disclosed
Minority corporate shareholders
- Dhanoa Newco Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £332k), from the Companies House accounts bulk data published Dec 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.