CompanyTrack
T

TOPSOURCE WORLDWIDE TOPCO LIMITED

Active London

Other business support service activities n.e.c.

467 employees Website
Professional services HR, recruitment & staffing Other business support service activities n.e.c.
T

TOPSOURCE WORLDWIDE TOPCO LIMITED

Other business support service activities n.e.c.

Founded 29 Oct 2020 Active London, England 467 employees topsourceworldwide.com
Professional services HR, recruitment & staffing Other business support service activities n.e.c.
Accounts Submitted 2 Jul 2025
Confirmation Statement Submitted 10 Nov 2025
Net assets £-35.28M £18.23M 2023 year on year
Total assets £61.70M £22.53M 2023 year on year
Total Liabilities £96.98M £4.30M 2023 year on year
Charges None No charges registered

AI Analysis

AI Analysis

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Contact & Details

Registered Address

C/O Horizon Capital, Level 9,The Shard, 32 London Bridge Street London SE1 9SG England

Office (Birmingham)

Pinewood Business Park, PEO Worldwide Limited TS2, Coleshill Rd, Birmingham B37 7HG

Credit Report

Discover TOPSOURCE WORLDWIDE TOPCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2020–2023)

Cash in Bank

£12.44M

Decreased by £9.80M (-44%)

Net Assets

-£35.28M

Decreased by £18.23M (-107%)

Total Liabilities

£96.98M

Decreased by £4.30M (-4%)

Turnover

£20.52M

Decreased by £1.60M (-7%)

Employees

467

Increased by 63 (+16%)

Debt Ratio

157%

Increased by 37 (+31%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
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

14 Allotments 21,817,997 Shares £268.05m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
11 Jul 2025100,000£100k£100k
28 May 20253,181,935£3.18m£3.18m
9 Mar 20253,320,012£3.32m£3.32m
14 Feb 20252,593,025£2.59m£2.59m
14 Feb 20252,593,025£2.59m£2.59m

Officers

Officers

6 active 6 resigned
Status
Ian David LarkinDirectorIrishEngland5713 Mar 2023Active
Jamie Russell WhiteDirectorBritishEngland291 Apr 2025Active
Martin William SmithDirectorBritishEngland5611 Dec 2020Active
Nima AbrishamchianDirectorBritishEngland432 Sept 2024Active
Thomas William Morgan MaizelsDirectorBritishEngland371 Apr 2025Active
William Wallace HastingsDirectorAmericanEngland5711 Dec 2020Active

Shareholders

Shareholders (48)

William Wallace Hastings
10.9%
2,669,18810 Nov 2025
William Wallace Hastings
0.3%
74,81210 Nov 2025
William Wallace Hastings
0.2%
60,00010 Nov 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Horizon Capital 2018 Limited Partnership

United Kingdom

Active
Notified 14 Dec 2020
Nature of Control
  • Voting Rights 50 To 75 Percent
  • Right To Appoint And Remove Directors

Group Structure

Group Structure

HORIZON CAPITAL 2018 LIMITED PARTNERSHIP united kingdom appoint/remove person
HORIZON CAPITAL LLP united kingdom
TOPSOURCE WORLDWIDE TOPCO LIMITED Current Company
TOPSOURCE WORLDWIDE HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
2 Dec 2025OfficersAppointment of Mr Douglas Hugh Sawers as director on 2025-11-28View(2 pages)
28 Nov 2025OfficersTermination of Martin William Smith as director on 2025-11-28View(1 page)
10 Nov 2025Confirmation StatementConfirmation statement made on 2025-10-28 with updatesView(8 pages)
7 Aug 2025ResolutionResolutionsView(4 pages)
5 Aug 2025CapitalAllotment of shares (GBP 23,421,782.01) on 2025-07-11View(6 pages)
2 Dec 2025 Officers

Appointment of Mr Douglas Hugh Sawers as director on 2025-11-28

28 Nov 2025 Officers

Termination of Martin William Smith as director on 2025-11-28

10 Nov 2025 Confirmation Statement

Confirmation statement made on 2025-10-28 with updates

7 Aug 2025 Resolution

Resolutions

5 Aug 2025 Capital

Allotment of shares (GBP 23,421,782.01) on 2025-07-11

Recent Activity

Latest Activity

Appointment of Mr Douglas Hugh Sawers as director on 2025-11-28

2 months ago on 2 Dec 2025

Termination of Martin William Smith as director on 2025-11-28

2 months ago on 28 Nov 2025

Confirmation statement made on 2025-10-28 with updates

3 months ago on 10 Nov 2025

Resolutions

6 months ago on 7 Aug 2025

Allotment of shares (GBP 23,421,782.01) on 2025-07-11

6 months ago on 5 Aug 2025