How many employees does Padlock UK Holdco 1 Limited have?

Padlock UK Holdco 1 Limited reported an average of 3 employees in the year to 31 Dec 2024.

Is Padlock UK Holdco 1 Limited profitable?

Yes — Padlock UK Holdco 1 Limited reported a profit of £21.9m in the year to 31 Dec 2024.

Company No. 12559398 · Incorporated 16 Apr 2020

Padlock UK Holdco 1 Limited

Registered name: PADLOCK UK HOLDCO 1 LIMITED

Padlock UK Holdco 1 Limited made £21.9m profit in the year to 31 Dec 2024 (revenue not disclosed).

Padlock UK Holdco 1 Limited reported £21.9m profit in the year to 31 Dec 2024; its revenue was not disclosed. It had 3 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Woking; we hold 3 years of its filed accounts.

Profit onlySection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Woking, South East
Age: 6 yrs · since 2020
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.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamYoung and profitable

Revenue

—

Not disclosed in filing

Profit

£21.9m

Growth —

Profit margin

—

Employees

Change 0%

Profit / employee

£7.3m

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—
Profit after tax	—	−£338k	£21.9m
Profit (best available)	—	−£338k	£21.9m
Employees (average)	3	3	3
Ratios
Profit margin	—	—	—
Profit per employee	—	−£113k	£7.3m
Growth (year on year)
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£0	£38.5k	£8.4k
Net assets	£17.1m	£16.7m	£38.6m
Current assets	£8.3m	£6.4m	£13.6m
Source	FilletedAccounts · bulk data Sep 2024	FilletedAccounts · bulk data Sep 2024	FilletedAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £7.3m; 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.

Indirect — not revenue

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: ▲131%; Now £38.6m
Cash at bank: ▼78%; Now £8.4k
Headcount: 0%; Now 3
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FilletedAccounts for the year to 31 Dec 2024 (profit £21.9m), from the Companies House accounts bulk data published Sep 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.