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Company No. 14149333 · Incorporated 6 Jun 2022

Bradley Ultra Topco Limited

Registered name: BRADLEY ULTRA TOPCO LIMITED

Part of True Capital III LP group

Bradley Ultra Topco Limited made £21.6m revenue and a £9.9m loss in the year to 2 Nov 2025.

Bradley Ultra Topco Limited’s revenue fell 6% to £21.6m in the year to 2 Nov 2025, with a loss of £9.9m and 134 employees. The company is classified under “manufacture of bicycles and invalid carriages” and is based in Preston; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 30920Manufacture of bicycles and invalid carriages
Status
Active
Location
Preston, North West
Age
4 yrs · since 2022
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 2 Nov 2025

Key figures

Revenue
£21.6m
Growth ▼5.6%
Profit
−£9.9m
Growth —
Profit margin
−46%
Gross 32.4%
Employees
134
Change ▼3.6%
Profit / employee
−£74k
Revenue/employee £161k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to3 Nov 20232 Nov 20243 Nov 20242 Nov 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£30.9m£22.8m£22.8m£21.6m
Cost of sales−£22.3m−£16.8m−£16.8m−£14.6m
Gross profit£8.6m£6.1m£6.1m£7m
Operating profit−£5.9m−£7.6m−£7.6m−£5.9m
Profit before tax−£9.8m−£11.4m−£11.4m−£10.2m
Profit after tax−£9.4m−£11.4m−£11.4m−£9.9m
Profit (best available)−£9.4m−£11.4m−£11.4m−£9.9m
Employees (average)194139139134
Ratios
Profit margin−30.4%−49.8%−49.8%−46%
Gross margin27.7%26.5%26.5%32.4%
Revenue per employee£159k£164k£164k£161k
Profit per employee−£48.5k−£81.8k−£81.8k−£74k
Growth (year on year)
Revenue growth———▼5.6%
Headcount growth———▼3.6%
Balance sheet — indirect signals, not revenue
Net assets————
SourceAccounts · bulk data Jul 2025Accounts · bulk data Aug 2026Accounts · bulk data Jul 2025Accounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
−46%
Profit ÷ revenue.
Gross margin
32.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£161k
Revenue ÷ average employees.
Profit per employee
−£74k
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
▼4%
Now 134
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. True Capital III LPultimate parent75–100%
  2. Bradley Ultra Topco Limitedthis company

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

Subsidiaries (1)

Sister companies (3)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 2 Nov 2025 (profit −£9.9m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 25 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.