How much does Delta Topco Limited make?

Delta Topco Limited reported revenue of £24.2m and a loss of £6.6m in the year to 31 Jan 2025, according to its accounts filed at Companies House.

Is Delta Topco Limited profitable?

No — Delta Topco Limited reported a loss of £6.6m in the year to 31 Jan 2025.

Company No. 14131782 · Incorporated 25 May 2022

Delta Topco Limited

Registered name: DELTA TOPCO LIMITED

Part of Sovereign Capital Partners LLP group

Delta Topco Limited made £24.2m revenue and a £6.6m loss in the year to 31 Jan 2025.

Delta Topco Limited’s revenue fell 12% to £24.2m in the year to 31 Jan 2025, with a loss of £6.6m. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.

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

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

Latest accounts · year to 31 Jan 2025

Key figures

Revenue

£24.2m

Growth ▼11.6%

Profit

−£6.6m

Growth —

Profit margin

−27.5%

Gross 31.5%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£12.2m	£27.4m	£24.2m
Cost of sales	−£8.6m	−£19.3m	−£16.6m
Gross profit	£3.6m	£8m	£7.6m
Operating profit	£84.3k	£1.8m	£1.3m
Profit before tax	−£2.9m	−£4.8m	−£5.7m
Profit after tax	−£3.1m	−£5.8m	−£6.6m
Profit (best available)	−£3.1m	−£5.8m	−£6.6m
Employees (average)	—	—	—
Ratios
Profit margin	−25.3%	−21.3%	−27.5%
Gross margin	29.5%	29.3%	31.5%
Growth (year on year)
Revenue growth	—	▲123.4%	▼11.6%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2024	Accounts · bulk data Oct 2024	Accounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −27.5%; Profit ÷ revenue.
Gross margin: 31.5%; 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

Sovereign Capital Partners LLPultimate parent75–100%
BB Shelf 5 LLP75–100%
Delta Topco Limitedthis company

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

Subsidiaries (1)

Delta Midco LimitedFigures not disclosed

Sister companies (2)

Project Metis Topco LimitedFigures not disclosed
Project Wyoming Topco 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 31 Jan 2025 (profit −£6.6m), from the Companies House accounts bulk data published Oct 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.