Cortina Race LLP
Registered name: CORTINA RACE LLP
Part of Alchemy Special Opportunities LLP groupCortina Race LLP made £63.9m revenue and £3.3m profit in the year to 31 Mar 2025.
Cortina Race LLP’s revenue grew 11% to £63.9m in the year to 31 Mar 2025, with £3.3m profit and 1,499 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 11 yrs · since 2015
- Type
- Limited Liability Partnership
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £46.1m | £57.4m | £63.9m |
| Cost of sales | −£38m | −£42.4m | −£46.6m |
| Gross profit | £8.1m | £15m | £17.3m |
| Operating profit | −£1m | £1.8m | £1.8m |
| Profit before tax | −£2.3m | −£222k | −£171k |
| Profit after tax | −£2.3m | −£222k | £3.3m |
| Profit (best available) | −£2.3m | −£222k | £3.3m |
| Employees (average) | 1,333 | 1,461 | 1,499 |
| Ratios | |||
| Profit margin | −5% | −0.4% | 5.2% |
| Gross margin | 17.7% | 26.1% | 27% |
| Revenue per employee | £34.6k | £39.3k | £42.6k |
| Profit per employee | −£1.7k | −£152 | £2.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲24.4% | ▲11.4% |
| Headcount growth | — | ▲9.6% | ▲2.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £42.6k
- Revenue ÷ average employees.
- Profit per employee
- £2.2k
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲3%
- Now 1,499
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Alchemy Special Opportunities LLPultimate parent50–75%
- Cortina Race LLPthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Indigo Care Newco LimitedFigures not disclosed
Sister companies (12)
- Abriand Topco LimitedRev. £82.6m · Profit −£22.5m
- Homes by Honey (Group) LimitedRev. £71.2m · Profit −£8.3m
- Ac Holding Midco 1 LimitedFigures not disclosed
- Afas V Midco LimitedFigures not disclosed
- Afas Midco LimitedFigures not disclosed
- Anglian Home Improvements Group LimitedFigures not disclosed
- Dna Topco LimitedFigures not disclosed
- Heartwood Topco LimitedFigures not disclosed
- Hiddenwell Group LimitedFigures not disclosed
- Hoggant LimitedFigures not disclosed
- Volvic Topco LimitedFigures not disclosed
- White Bear Capital LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £3.3m), from the Companies House accounts bulk data published Jan 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.