Piccadilly Midco Limited
Registered name: PICCADILLY MIDCO LIMITED
Part of Fpe Capital LLP groupPiccadilly Midco Limited made £0 revenue and a £713k loss in the year to 31 Dec 2025. read from filing text
Piccadilly Midco Limited’s revenue was £0 in the year to 31 Dec 2025, with a loss of £713k and 2 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- 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.
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. From the filing: “FPE Capital LLP is the company's ultimate controlling party, a limited liability partnership whose registered office is 2nd Floor, 7 Swallow Street, London, England, W1B 4DE.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £0 | £0 |
| Operating profit | — | — | −£4k | −£32.6k |
| Profit before tax | −£505k | −£546k | −£601k | −£713k |
| Profit after tax | −£505k | −£546k | −£601k | −£713k |
| Profit (best available) | −£505k | −£546k | −£601k | −£713k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Revenue per employee | — | — | £0 | £0 |
| Profit per employee | −£252k | −£273k | −£301k | −£357k |
| Growth (year on year) | ||||
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£1.1m | −£1.6m | −£2.2m | −£2.9m |
| Debtors | £5.2m | £5.2m | £5.2m | £5.7m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£357k
- 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 −£2.9m
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Fpe Capital LLPultimate parent75–100%
- Piccadilly Topco Limited75–100%
- Piccadilly Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Piccadilly Bidco LimitedRev. £67.6k · Profit −£143k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£713k), from the Companies House accounts bulk data published Sep 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.