S&W TLP (Hold Co One) Limited
Registered name: S&W TLP (HOLD CO ONE) LIMITED
Part of Sun Life Financial Inc. groupS&W TLP (Hold Co One) Limited made £5.7m revenue and £969k profit in the year to 31 Mar 2025.
S&W TLP (Hold Co One) Limited’s revenue grew 4% to £5.7m in the year to 31 Mar 2025, with £969k profit. The company is classified under “activities of head offices” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £4.7m | £5.5m | £5.7m |
| Cost of sales | −£3.9m | −£4.2m | −£4.6m |
| Gross profit | £782k | £1.2m | £1.1m |
| Operating profit | £310k | £769k | £779k |
| Profit before tax | £600k | £1.2m | £1.3m |
| Profit after tax | £486k | £926k | £969k |
| Profit (best available) | £486k | £926k | £969k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 10.3% | 16.9% | 17% |
| Gross margin | 16.6% | 22.6% | 18.9% |
| Growth (year on year) | |||
| Revenue growth | — | ▲16% | ▲4% |
| Profit growth | — | ▲90.5% | ▲4.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 17%
- Profit ÷ revenue.
- Gross margin
- 18.9%
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Sun Life Financial Inc. (registered outside the UK register)ultimate parent75–100%
- Infrared (UK) Holdco 2020 Ltd.75–100%
- Infrared Partners LLP75–100%
- Infrared Capital Partners (Holdco) Limited75–100%
- Infrared (Infrastructure) Capital Partners Limited75–100%
- Infrastructure Investments General Partner Limited75–100%
- Infrastructure Investments Group Limited75–100%
- Infrastructure Investments Holdings Limited75–100%
- S&W TLP (PSP Two) Limited50–75%
- S&W TLP (Hold Co One) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- S&W TLP (Project Co One) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £969k), 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.