Vibrant Midco Limited
Registered name: VIBRANT MIDCO LIMITED
Part of Exponent Private Equity (Holdings) LLP groupVibrant Midco Limited made £192m revenue and a £40.5m loss in the year to 31 Dec 2024.
Vibrant Midco Limited’s revenue grew 6% to £192m in the year to 31 Dec 2024, with a loss of £40.5m and 492 employees. The company is classified under “activities of other holding companies” and is based in Watford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Watford
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £181m | £192m |
| Cost of sales | −£129m | −£138m |
| Gross profit | £52.5m | £53.7m |
| Operating profit | −£6.2m | −£6.8m |
| Profit before tax | −£45.4m | −£38.4m |
| Profit after tax | −£45.6m | −£40.5m |
| Profit (best available) | −£45.6m | −£40.5m |
| Employees (average) | 564 | 492 |
| Ratios | ||
| Profit margin | −25.1% | −21.1% |
| Gross margin | 28.9% | 28% |
| Revenue per employee | £322k | £390k |
| Profit per employee | −£80.8k | −£82.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲5.6% |
| Headcount growth | — | ▼12.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −21.1%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £390k
- Revenue ÷ average employees.
- Profit per employee
- −£82.2k
- 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
- ▼13%
- Now 492
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Exponent Private Equity (Holdings) LLPultimate parent75–100%
- Exponent Private Equity GP (Second Member) Limited75–100%
- Exponent Private Equity Partners GP IV LLP75–100%
- Vibrant Topco Limited75–100%
- Vibrant Debtco Limited75–100%
- Vibrant Debtco 2 Limited75–100%
- Vibrant Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Vibrant Foods LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£40.5m), 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.