How much does Zeppelin Topco Limited make?

Zeppelin Topco Limited reported revenue of £23.5m and a loss of £32.3m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

Is Zeppelin Topco Limited profitable?

No — Zeppelin Topco Limited reported a loss of £32.3m in the year to 31 Dec 2023.

Company No. 13842334 · Incorporated 11 Jan 2022

Zeppelin Topco Limited

Registered name: ZEPPELIN TOPCO LIMITED

Part of Eci Partners LLP group

Zeppelin Topco Limited made £23.5m revenue and a £32.3m loss in the year to 31 Dec 2023.

Zeppelin Topco Limited’s revenue was £23.5m in the year to 31 Dec 2023, with a loss of £32.3m. The company is classified under “activities of other holding companies” and is based in London.

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

Status: Liquidation
Location: London
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£23.5m

Growth —

Profit

−£32.3m

Growth —

Profit margin

−137.7%

Gross 56%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£23.5m
Cost of sales	−£10.3m
Gross profit	£13.2m
Operating profit	−£18.4m
Profit before tax	−£35m
Profit after tax	−£32.3m
Profit (best available)	−£32.3m
Employees (average)	—
Ratios
Profit margin	−137.7%
Gross margin	56%
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −137.7%; Profit ÷ revenue.
Gross margin: 56%; 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.

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: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Eci Partners LLPultimate parent75–100%
Eci 11 Nominees Limited75–100%
Zeppelin Topco Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Zeppelin Midco 1 LimitedLiquidationFigures not disclosed

Sister companies (2)

Hamsard 3669 LimitedRev. £74.7m · Profit −£34.4m
Avantia Group LimitedRev. £57.3m · Profit −£13.7m

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 31 Dec 2023 (profit −£32.3m), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Updated from Companies House on 23 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.