Trowbridge Topco Limited
Registered name: TROWBRIDGE TOPCO LIMITED
Part of Cbpe Capital LLP groupTrowbridge Topco Limited made £68.5m revenue and a £28.4m loss in the year to 31 Dec 2024.
Trowbridge Topco Limited’s revenue fell 7% to £68.5m in the year to 31 Dec 2024, with a loss of £28.4m. The company is classified under “other business support service activities” and is based in Trowbridge; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Trowbridge
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £68.2m | £73.5m | £68.5m |
| Cost of sales | −£41.1m | −£43.4m | −£45.2m |
| Gross profit | £27.1m | £30.1m | £23.3m |
| Operating profit | −£1.3m | −£5.1m | −£20.1m |
| Profit before tax | −£7.8m | −£14.1m | −£29.7m |
| Profit after tax | −£7.9m | −£14m | −£28.4m |
| Profit (best available) | −£7.9m | −£14m | −£28.4m |
| Employees (average) | 524 | 533 | — |
| Ratios | |||
| Profit margin | −11.6% | −19% | −41.5% |
| Gross margin | 39.8% | 41% | 34.1% |
| Revenue per employee | £130k | £138k | — |
| Profit per employee | −£15.1k | −£26.2k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲7.7% | ▼6.8% |
| Headcount growth | — | ▲1.7% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2023 | Accounts · bulk data Jun 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −41.5%
- Profit ÷ revenue.
- Gross margin
- 34.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Cbpe Capital LLPultimate parent75–100%
- Trowbridge Topco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Trowbridge Holdco LimitedFigures not disclosed
Sister companies (29)
- Apollo 2024 Topco LimitedRev. £1.2bn · Profit −£11.2m
- Project Orion Topco LimitedRev. £51.1m · Profit −£10.4m
- Veincentre Group LtdRev. £21.1m · Profit −£8.7m
- Clifton Asset Management LimitedRev. £12.5m · Profit £821k
- AI Topco LimitedFigures not disclosed
- Banyard Independent Advice Services LtdFigures not disclosed
- Blatchford Central Services LimitedFigures not disclosed
- Bridge Topco UK LimitedFigures not disclosed
- Cairn Nexus LimitedFigures not disclosed
- Cbpe Capital IX Founders LPFigures not disclosed
- Cbpe Holdings LimitedFigures not disclosed
- Cbpe Nominees LimitedFigures not disclosed
- Clifton Wealth Partnership (Ipswich) LtdFigures not disclosed
- Cutting & Carter LimitedFigures not disclosed
- Dukes Independent Financial Advisers LtdFigures not disclosed
- Evolution Finco LimitedFigures not disclosed
- Evolution Midco LimitedFigures not disclosed
- JRW Financial Management LtdFigures not disclosed
- Lifestyle Pensions and Investments LtdFigures not disclosed
- Project Thor Topco LimitedRev. — · Profit −£1.6m
- Ralph Finco LimitedRev. — · Profit −£1.2m
- Six Q Financial Planning LimitedFigures not disclosed
- Swift Topco LimitedFigures not disclosed
- Tetraprism Topco LimitedRev. — · Profit £16.1k
- Unity Topco LimitedFigures not disclosed
- Veincentre Bidco LtdFigures not disclosed
- Veincentre Holdings LtdFigures not disclosed
- Veincentre Midco LtdFigures not disclosed
- Wilcox Financial Planning LtdFigures 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 −£28.4m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.