Project Milan Bidco Limited
Registered name: PROJECT MILAN BIDCO LIMITED
Part of Project Milan Topco Limited groupProject Milan Bidco Limited made £0 revenue and £265k profit in the year to 30 Apr 2025. read from filing text
Project Milan Bidco Limited’s revenue was £0 in the year to 30 Apr 2025, with £265k profit and 4 employees. The company is classified under “activities of distribution holding companies” and is based in Cleckheaton.
- Status
- Active
- Location
- Cleckheaton, Yorkshire and The Humber
- Age
- 2 yrs · since 2024
- 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 company’s immediate parent company is”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2025 |
|---|---|
| Disclosure | Full P&Lread from filing text |
| Profit & loss | |
| Revenue (turnover) | £0 |
| Operating profit | −£11.2m |
| Profit before tax | £265k |
| Profit after tax | £265k |
| Profit (best available) | £265k |
| Staff costs | £375k |
| Employees (average) | 4 |
| Ratios | |
| Profit margin | — |
| Revenue per employee | £0 |
| Profit per employee | £66.4k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £10k |
| Net assets | £265k |
| Current assets | £4.2m |
| Debtors | £4.2m |
| Deferred income | £143k |
| Source | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- £66.4k
- 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 £265k
- Cash at bank
- —
- Now £10k
- Headcount
- —
- Now 4
- Deferred income
- —
- Now £143k
- Fixed assets
- —
- Now —
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
- Project Milan Topco Limitedultimate parent75–100%
- Project Milan Midco Limited75–100%
- Project Milan Midco 2 Limited75–100%
- Project Milan Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Cutwel LimitedRev. £25.9m · Profit £4.3m
- Toolex LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £265k), 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.