Sasa Topco Limited
Registered name: SASA TOPCO LIMITED
Part of Elysian Capital II LP groupSasa Topco Limited made £198m revenue and a £14m loss in the year to 30 Sep 2023.
Sasa Topco Limited’s revenue grew 38% to £198m in the year to 30 Sep 2023, with a loss of £14m and 230 employees. The company is classified under “travel agency activities” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Manchester
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 29 Sep 2022 | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £10.9m | £144m | £198m |
| Operating profit | −£6m | −£6m | −£2.8m |
| Profit before tax | −£14.9m | −£14.9m | −£14.5m |
| Profit after tax | −£14.3m | −£14.3m | −£14m |
| Profit (best available) | −£14.3m | −£14.3m | −£14m |
| Employees (average) | 173 | 173 | 230 |
| Ratios | |||
| Profit margin | −130.7% | −9.9% | −7.1% |
| Revenue per employee | £63k | £830k | £860k |
| Profit per employee | −£82.4k | −£82.4k | −£61k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲37.7% |
| Headcount growth | — | — | ▲33% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2023 | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 |
How the business works
- Profit margin
- −7.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £860k
- Revenue ÷ average employees.
- Profit per employee
- −£61k
- 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
- ▲33%
- Now 230
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Elysian Capital II LPultimate parent75–100%
- Sasa Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Sasa Midco LimitedLiquidationFigures not disclosed
Sister companies (1)
- Pine Topco LimitedRev. £37.7m · Profit −£372k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2023 (profit −£14m), from the Companies House accounts bulk data published Apr 2024. 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.