How much does Loci Midco 1 Limited make?

Loci Midco 1 Limited reported revenue of £53.4m and a loss of £69m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Loci Midco 1 Limited have?

Loci Midco 1 Limited reported an average of 599 employees in the year to 31 Dec 2024.

Is Loci Midco 1 Limited profitable?

No — Loci Midco 1 Limited reported a loss of £69m in the year to 31 Dec 2024.

Company No. 15613432 · Incorporated 3 Apr 2024

Loci Midco 1 Limited

Registered name: LOCI MIDCO 1 LIMITED

Part of Loci Debtco Limited group

Loci Midco 1 Limited made £53.4m revenue and a £69m loss in the year to 31 Dec 2024.

Loci Midco 1 Limited’s revenue was £53.4m in the year to 31 Dec 2024, with a loss of £69m and 599 employees. The company is classified under “activities of other holding companies” and is based in London.

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

Status: Active
Location: London
Age: 2 yrs · since 2024
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£53.4m

Growth —

Profit

−£69m

Growth —

Profit margin

−129.1%

Gross 91.8%

Employees

599

Change —

Profit / employee

−£115k

Revenue/employee £89.2k

Profitable streak

0yrs

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£53.4m
Cost of sales	−£4.4m
Gross profit	£49m
Operating profit	−£57.3m
Profit before tax	−£75.6m
Profit after tax	−£69m
Profit (best available)	−£69m
Employees (average)	599
Ratios
Profit margin	−129.1%
Gross margin	91.8%
Revenue per employee	£89.2k
Profit per employee	−£115k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −129.1%; Profit ÷ revenue.
Gross margin: 91.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £89.2k; Revenue ÷ average employees.
Profit per employee: −£115k; 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 599
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Loci Debtco Limitedultimate parent75–100%
Loci Midco 1 Limitedthis company

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

Subsidiaries (1)

Loci Midco 2 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 Dec 2024 (profit −£69m), from the Companies House accounts bulk data published Sep 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.