How much does Iguazu Midco 1 Limited make?

Iguazu Midco 1 Limited reported revenue of £56.7m and a loss of £17.3m in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Iguazu Midco 1 Limited have?

Iguazu Midco 1 Limited reported an average of 224 employees in the year to 30 Sep 2024.

Is Iguazu Midco 1 Limited profitable?

No — Iguazu Midco 1 Limited reported a loss of £17.3m in the year to 30 Sep 2024.

Company No. 13789216 · Incorporated 8 Dec 2021

Iguazu Midco 1 Limited

Registered name: IGUAZU MIDCO 1 LIMITED

Iguazu Midco 1 Limited made £56.7m revenue and a £17.3m loss in the year to 30 Sep 2024.

Iguazu Midco 1 Limited’s revenue fell 3% to £56.7m in the year to 30 Sep 2024, with a loss of £17.3m and 224 employees. The company is classified under “activities of other holding companies” and is based in Henley-on-Thames; we hold 3 years of its filed accounts.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Henley-on-Thames
Age: 4 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 30 Sep 2024

Key figures

Revenue

£56.7m

Growth ▼2.8%

Profit

−£17.3m

Growth —

Profit margin

−30.6%

Gross 44.1%

Employees

224

Change ▼11.1%

Profit / employee

−£77.3k

Revenue/employee £253k

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£32.6m	£58.3m	£56.7m
Cost of sales	−£19.8m	−£34.1m	−£31.7m
Gross profit	£12.7m	£24.2m	£25m
Operating profit	−£3m	−£10.8m	−£2.7m
Profit before tax	−£13.9m	−£25.5m	−£19m
Profit after tax	−£13.5m	−£24.9m	−£17.3m
Profit (best available)	−£13.5m	−£24.9m	−£17.3m
Employees (average)	244	252	224
Ratios
Profit margin	−41.5%	−42.7%	−30.6%
Gross margin	39.1%	41.5%	44.1%
Revenue per employee	£133k	£231k	£253k
Profit per employee	−£55.3k	−£98.8k	−£77.3k
Growth (year on year)
Revenue growth	—	▲79%	▼2.8%
Headcount growth	—	▲3.3%	▼11.1%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Mar 2025	Accounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −30.6%; Profit ÷ revenue.
Gross margin: 44.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £253k; Revenue ÷ average employees.
Profit per employee: −£77.3k; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▼11%; Now 224
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Niagara Midco 2 LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2024 (profit −£17.3m), from the Companies House accounts bulk data published Mar 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.