NQ64 Topco Limited
Registered name: NQ64 TOPCO LIMITED
NQ64 Topco Limited made £18m revenue and a £1.3m loss in the year to 28 Feb 2025.
NQ64 Topco Limited’s revenue was £18m in the year to 28 Feb 2025, with a loss of £1.3m and 3 employees. The company is classified under “activities of other holding companies” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.3m | £18m |
| Cost of sales | £4m | £5.3m |
| Gross profit | £10.3m | £12.8m |
| Operating profit | £767k | £898k |
| Profit before tax | −£509k | −£1.1m |
| Profit after tax | −£360k | −£1.3m |
| Profit (best available) | −£360k | −£1.3m |
| Staff costs | £0 | £0 |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | −2.5% | −7.5% |
| Gross margin | 71.9% | 70.8% |
| Revenue per employee | £4.8m | £6m |
| Profit per employee | −£120k | −£448k |
| Cash conversion | 97.8% | −327% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £454k | £520k |
| Net assets | £2.2m | £897k |
| Fixed assets | £8.5m | £8.5m |
| Debtors | £0 | £0 |
| Deferred income | £0 | £0 |
| Cash from operations | £750k | −£2.9m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −7.5%
- Profit ÷ revenue.
- Gross margin
- 70.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6m
- Revenue ÷ average employees.
- Profit per employee
- −£448k
- Profit ÷ average employees.
- Cash conversion
- −327%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 46.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 £897k
- Cash at bank
- —
- Now £520k
- Headcount
- —
- Now 3
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £8.5m
Group structure
Subsidiaries (1)
- NQ64 Holdings LimitedRev. — · Profit −£1.1m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£1.3m), from the Companies House accounts bulk data published Nov 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.