PROJECT MERCURY BIDCO LIMITED - Profile & Financials

Accounts Submitted 17 Sept 2025

Confirmation Statement Submitted 2 Apr 2025

Net assets £223.00K £3.72M 2024 year on year

Total assets £22.15M £5.02M 2024 year on year

Total Liabilities £21.92M £1.30M 2024 year on year

Charges 2

2 outstanding

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Contact & Details

Contact

Update Details

Registered Address

C/O Dwf Company Secretarial Services Limited One Snowhill, Snow Hill Queensway Birmingham B4 6GA United Kingdom

Credit Report

Discover PROJECT MERCURY BIDCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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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 (2021–2024)

Cash in Bank

£19.00k

Net Assets

£223.00k

Increased by £3.72M (+106%)

Total Liabilities

£21.92M

Increased by £1.30M (+6%)

Turnover

£1.63M

Decreased by £818.00k (-33%)

Employees

N/A

Debt Ratio

99%

Decreased by 21 (-18%)

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

Officers

7 active 4 resigned

Show resigned officers

						Status
Alexander Robert Jessup	Director	British	England	47	17 Oct 2022	Active
Andrew Frank Szabo	Director	British	England	45	6 Nov 2023	Active
Jon Pickering	Director	British	England	48	29 Mar 2021	Active
Sandra Louise Simpson	Director	British	England	52	6 Nov 2023	Active
Sarah Barbara Tromans	Director	British	England	44	6 Nov 2023	Active
Sian Julia Jones	Director	British	England	47	31 Mar 2021	Active
Steven Martin Jennings	Director	British	England	65	8 Dec 2022	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Project Mercury Topco Limited

United Kingdom

Active

Notified 29 Mar 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

PROJECT MERCURY TOPCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

NORTHEDGE CAPITAL III GP LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership

NORTHEDGE CAPITAL FOUNDER GP LIMITED united kingdom shares 75 to 100 percent

NORTHEDGE CAPITAL FUND I GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NORTHEDGE CAPITAL CORPORATE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NORTHEDGE CAPITAL LLP united kingdom

PROJECT MERCURY BIDCO LIMITED Current Company

CORRELA LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

2 outstanding

Documents

Company Filings

Date	Category	Description	Document
28 Nov 2025	Mortgage	Mortgage Create With Deed With Charge Number Charge Creation Date	View(70 pages)
27 Nov 2025	Mortgage	Mortgage Create With Deed With Charge Number Charge Creation Date	View(54 pages)
27 Nov 2025	Mortgage	Mortgage Create With Deed With Charge Number Charge Creation Date	View(60 pages)
27 Nov 2025	Mortgage	Mortgage Satisfy Charge Full	View(1 page)
24 Nov 2025	Mortgage	Mortgage Satisfy Charge Full	View(1 page)