Project Wexler Midco Limited
Registered name: PROJECT WEXLER MIDCO LIMITED
Part of Cadence Equity Partners Limited groupProject Wexler Midco Limited made £1.8k profit in the year to 31 May 2025 (revenue not disclosed).
Project Wexler Midco Limited reported £1.8k profit in the year to 31 May 2025; its revenue was not disclosed. It had 0 employees. The company is classified under “activities of other holding companies” and is based in Southampton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Southampton, South East
- Age
- 2 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.
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. From the filing: “The immediate and ultimate parent undertaking is Project Wexler Topco Limited, a company incorporated in England and Wales. The company's address is the same as the Company. The smallest and largest g”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 7 Dec 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|
| Disclosure | No P&L | Profit only | Profit only |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Operating profit | — | £0 | −£13.7k |
| Profit before tax | — | £0 | £1.8k |
| Profit after tax | — | £0 | £1.8k |
| Profit (best available) | — | £0 | £1.8k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | — | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | £1.1m | £1.1m |
| Fixed assets | — | £1.1m | £1.1m |
| Current assets | — | £39.6m | £44.1m |
| Debtors | — | £39.6m | £44.1m |
| Deferred income | — | £0 | £7.2k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- 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.
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 £1.1m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £7.2k
- Fixed assets
- —
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Cadence Equity Partners Limitedultimate parent75–100%
- Cadence Wexler GP LLP50–75%
- Project Wexler Topco Limited75–100%
- Project Wexler Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Project Wexler Finco LimitedRev. — · Profit −£22.3k
Sister companies (1)
- Project Wexler Ebt LimitedRev. — · Profit −£5.8k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £1.8k), from the Companies House accounts bulk data published Feb 2026. 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.