PICASSO MIDCO 1 LIMITED

Active Birmingham

Activities of other holding companies n.e.c.

0 employees website.com
Activities of other holding companies n.e.c.
P

PICASSO MIDCO 1 LIMITED

Activities of other holding companies n.e.c.

Founded 17 Feb 2022 Active Birmingham, England 0 employees website.com
Activities of other holding companies n.e.c.
Accounts Submitted 10 Nov 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 2 Mar 2026 Next due 2 Mar 2027 10 months remaining
Net assets £145M £198M 2024 year on year
Total assets £251M £44M 2024 year on year
Total Liabilities £106M £154M 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Unit 315 Fort Dunlop Fort Parkway Birmingham B24 9FD England

Full company profile for PICASSO MIDCO 1 LIMITED (13922693), an active company based in Birmingham, England. Incorporated 17 Feb 2022. Activities of other holding companies n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2022–2024)

Cash in Bank

N/A

Net Assets

£144.93M

Increased by £197.94M (+373%)

Total Liabilities

£105.65M

Decreased by £153.92M (-59%)

Turnover

N/A

Employees

N/A

Debt Ratio

42%

Decreased by 84 (-67%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

5 Allotments 177,841,200 Shares £177.84m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
18 Feb 202516,841,014£16.84m£1
28 Aug 2024388,441£388k£1
11 Dec 2023299,352£299k£1
22 Mar 2022160,312,392£160.31m£1
22 Mar 20221£1.24£1.24

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Picasso Topco Limited
100.0%
177,841,201

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Picasso Topco Limited

United Kingdom

Active
Notified 17 Feb 2022
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PICASSO TOPCO LIMITED united kingdom
PICASSO MIDCO 1 LIMITED Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
2 Mar 2026Confirmation StatementConfirmation statement made on 2026-02-16 with updates
16 Feb 2026AddressMove Registers To Sail Company With New Address
16 Feb 2026AddressChange Sail Address Company With New Address
10 Nov 2025AccountsAnnual accounts made up to 2025-08-31
5 Nov 2025OfficersTermination of Jack Philip Sleigh as director on 2025-10-31
2 Mar 2026 Confirmation Statement

Confirmation statement made on 2026-02-16 with updates

16 Feb 2026 Address

Move Registers To Sail Company With New Address

16 Feb 2026 Address

Change Sail Address Company With New Address

10 Nov 2025 Accounts

Annual accounts made up to 2025-08-31

5 Nov 2025 Officers

Termination of Jack Philip Sleigh as director on 2025-10-31

Recent Activity

Latest Activity

Confirmation statement made on 2026-02-16 with updates

1 months ago on 2 Mar 2026

Move Registers To Sail Company With New Address

2 months ago on 16 Feb 2026

Change Sail Address Company With New Address

2 months ago on 16 Feb 2026

Annual accounts made up to 2025-08-31

5 months ago on 10 Nov 2025

Termination of Jack Philip Sleigh as director on 2025-10-31

5 months ago on 5 Nov 2025