Next15 Holdco2 Limited
Registered name: NEXT15 HOLDCO2 LIMITED
Part of Next 15 Group PLC groupNext15 Holdco2 Limited made £33.7m revenue and a £974k loss in the year to 31 Jan 2025.
Next15 Holdco2 Limited’s revenue fell 34% to £33.7m in the year to 31 Jan 2025, with a loss of £974k and 204 employees. The company is classified under “advertising agencies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £11.4m | £51m | £33.7m |
| Cost of sales | −£1.6m | −£23.7m | −£11.3m |
| Gross profit | — | — | £22.4m |
| Operating profit | £1.2m | £288k | £457k |
| Profit before tax | £830k | −£1.6m | −£1.7m |
| Profit after tax | £822k | −£1.4m | −£974k |
| Profit (best available) | £822k | −£1.4m | −£974k |
| Employees (average) | 117 | 233 | 204 |
| Ratios | |||
| Profit margin | 7.2% | −2.8% | −2.9% |
| Gross margin | — | — | 66.4% |
| Revenue per employee | £97.8k | £219k | £165k |
| Profit per employee | £7k | −£6.2k | −£4.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲345.8% | ▼33.8% |
| Profit growth | — | ▼275.3% | — |
| Headcount growth | — | ▲99.2% | ▼12.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −2.9%
- Profit ÷ revenue.
- Gross margin
- 66.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £165k
- Revenue ÷ average employees.
- Profit per employee
- −£4.8k
- 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
- ▼12%
- Now 204
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Next 15 Group PLCultimate parent75–100%
- Next15 Holdco2 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (18)
- August.one Communications International LimitedFigures not disclosed
- Bite Communications Group LimitedFigures not disclosed
- Brandwidth Marketing LimitedFigures not disclosed
- Engine Acquisition LimitedFigures not disclosed
- Mach49 LtdFigures not disclosed
- Marker Collective LimitedFigures not disclosed
- MHP Group LimitedFigures not disclosed
- Next15 Holdco1 LimitedFigures not disclosed
- Next15 Holdco3 LimitedFigures not disclosed
- Plinc LimitedFigures not disclosed
- Portfolio T SPV2 LimitedFigures not disclosed
- Pretzl Group LimitedFigures not disclosed
- Publitek LimitedFigures not disclosed
- Savanta Group LimitedFigures not disclosed
- Shopper Media Group LtdFigures not disclosed
- Transform UK Consulting LimitedFigures not disclosed
- Twogether Creative LimitedFigures not disclosed
- Velocity Partners LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jan 2025 (profit −£974k), from the Companies House accounts bulk data published Oct 2025. 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.