Bridges Fund Management Limited
Registered name: BRIDGES FUND MANAGEMENT LIMITED
Bridges Fund Management Limited made £4m revenue and £4.5m profit in the year to 31 Mar 2023.
Bridges Fund Management Limited’s revenue fell 14% to £4m in the year to 31 Mar 2023, with £4.5m profit and 79 employees. The company is classified under “activities of venture and development capital companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Financial history
| Year to | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £4.1m | £4.7m | £4m |
| Operating profit | −£8.8m | −£10.9m | −£10.7m |
| Profit before tax | £2.6m | £2.7m | £5.7m |
| Profit after tax | £2.4m | £2.5m | £4.5m |
| Profit (best available) | £2.4m | £2.5m | £4.5m |
| Employees (average) | 53 | 57 | 79 |
| Ratios | |||
| Profit margin | 58.2% | 53.2% | 111.1% |
| Revenue per employee | £77.1k | £82.3k | £50.9k |
| Profit per employee | £44.9k | £43.8k | £56.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲14.8% | ▼14.4% |
| Profit growth | — | ▲4.8% | ▲78.8% |
| Headcount growth | — | ▲7.5% | ▲38.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2022 | Accounts · bulk data Dec 2022 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 111.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £50.9k
- Revenue ÷ average employees.
- Profit per employee
- £56.5k
- 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
- ▲39%
- Now 79
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (3)
- Bridges Ventures Holdings LimitedRev. — · Profit £9.4k
- Papillon Topco LimitedRev. — · Profit −£155k
- Positive Families Partnership LLPFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit £4.5m), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.