Project Petra Topco Limited
Registered name: PROJECT PETRA TOPCO LIMITED
Part of Sovereign Capital Partners LLP groupProject Petra Topco Limited made £92.8m revenue and a £13.7m loss in the year to 31 May 2025.
Project Petra Topco Limited’s revenue fell 11% to £92.8m in the year to 31 May 2025, with a loss of £13.7m and 416 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £108m | £105m | £92.8m |
| Cost of sales | −£55.3m | −£54.3m | −£46.4m |
| Gross profit | £52.3m | £50.5m | £46.4m |
| Operating profit | £308k | −£3.2m | −£216k |
| Profit before tax | −£12.3m | −£16.7m | −£13.7m |
| Profit after tax | −£11.2m | −£15.8m | −£13.7m |
| Profit (best available) | −£11.2m | −£15.8m | −£13.7m |
| Employees (average) | 485 | 473 | 416 |
| Ratios | |||
| Profit margin | −10.4% | −15% | −14.7% |
| Gross margin | 48.6% | 48.2% | 50% |
| Revenue per employee | £222k | £222k | £223k |
| Profit per employee | −£23.1k | −£33.4k | −£32.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.5% | ▼11.5% |
| Headcount growth | — | ▼2.5% | ▼12% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −14.7%
- Profit ÷ revenue.
- Gross margin
- 50%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £223k
- Revenue ÷ average employees.
- Profit per employee
- −£32.8k
- 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
- ▼12%
- Now 416
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Sovereign Capital Partners LLPultimate parent75–100%
- BB Shelf 4 LLP50–75%
- Project Petra Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Project Petra Midco 1 LimitedFigures not disclosed
Sister companies (14)
- Eden Futures Topco LimitedRev. £60.1m · Profit −£74k
- Bioscript Holdings LimitedRev. £30.7m · Profit −£11m
- Acolin Group Topco LimitedFigures not disclosed
- Ash Moss LimitedFigures not disclosed
- Bristow & SutorFigures not disclosed
- Bristow & Sutor (Services) LimitedFigures not disclosed
- Bristow & Sutor Management Services LimitedFigures not disclosed
- Credit Style Holdings LimitedFigures not disclosed
- DR Plus LimitedFigures not disclosed
- DRP (Services) LimitedFigures not disclosed
- Eremurus Properties LimitedRev. — · Profit −£815k
- Laken Properties LimitedFigures not disclosed
- Summit Trust Holdings LimitedFigures not disclosed
- Wilks Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2025 (profit −£13.7m), from the Companies House accounts bulk data published Feb 2026. 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.