CompanyTrack
P

PICASSO TOPCO LIMITED

Active Birmingham

Activities of other holding companies n.e.c.

1,320 employees
Activities of other holding companies n.e.c.
P

PICASSO TOPCO LIMITED

Activities of other holding companies n.e.c.

Founded 17 Feb 2022 Active Birmingham, England 1,320 employees
Activities of other holding companies n.e.c.
Accounts Submitted 10 Nov 2025
Confirmation Statement Submitted 29 Mar 2025
Net assets £-146.49M £51.45M 2024 year on year
Total assets £393.14M £927.00K 2024 year on year
Total Liabilities £539.63M £50.52M 2024 year on year
Charges None No charges registered

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Contact & Details

Registered Address

Unit 315 Fort Dunlop Fort Parkway Birmingham B24 9FD England

Credit Report

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

Mutual Companies

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

£5.12M

Decreased by £5.01M (-49%)

Net Assets

-£146.49M

Decreased by £51.45M (-54%)

Total Liabilities

£539.63M

Increased by £50.52M (+10%)

Turnover

£181.25M

Increased by £18.38M (+11%)

Employees

1320

Increased by 110 (+9%)

Debt Ratio

137%

Increased by 13 (+10%)

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

19 Allotments 1,857,571,539 Shares £23.61m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
18 Feb 202514,986£189k£12.59
18 Feb 202523,614£297k£12.59
18 Feb 202533,688£424k£12.59
18 Feb 2025321,143£4.04m£12.59
18 Feb 2025970,352,600£9.70m£0.01

Officers

Officers

8 active 4 resigned
Status
Ajay AwatramaniDirectorAmericanUnited States499 May 2022Active
Andrew SwinandDirectorAmericanUnited Kingdom5725 Jul 2024Active
Christopher William EccleshareDirectorBritishUnited Kingdom7018 Jul 2022Active
Cormac Bernard O'sheaDirectorIrishUnited Kingdom5322 Jan 2025Active
Emma Judith Sophia WatfordDirectorBritishEngland4817 Feb 2022Active
Kyle Edward JohnstonDirectorBritishEngland3817 Feb 2022Active
Martin James DunnDirectorIrishUnited Kingdom541 May 2025Active
Tom GoodmansonDirectorAmericanUnited Kingdom5630 Sept 2025Active

Shareholders

Shareholders (260)

Zoe Jo Spencer
0.1%
27,842,13829 Mar 2025
Zoe Jo Spencer
0.0%
11,15229 Mar 2025
Zoe Plummer
0.0%
029 Mar 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Be Vi Nominees Ii Limited

United Kingdom

Active
Notified 7 Feb 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Be Vi Nominees Limited

Ceased 7 Feb 2024

Ceased

Group Structure

Group Structure

BE VI NOMINEES II LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRIDGEPOINT ADVISERS HOLDINGS united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRIDGEPOINT ADVISERS GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRIDGEPOINT GROUP HOLDINGS LIMITED united kingdom appoint/remove directors
BRIDGEPOINT OP GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRIDGEPOINT ADVISERS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRIDGEPOINT GROUP PLC united kingdom
PICASSO TOPCO LIMITED Current Company
INSPIRED THINKING GROUP HOLDINGS LIMITED united kingdom significant influence or control
INTREPIA LTD united kingdom significant influence or control
ITG MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PICASSO MIDCO 1 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
10 Nov 2025AccountsAnnual accounts made up to 2025-08-31View(1 page)
21 Oct 2025OfficersAppointment of Tom Goodmanson as director on 2025-09-30View(2 pages)
17 Jun 2025AccountsAnnual accounts made up to 2024-08-31View(62 pages)
7 May 2025OfficersAppointment of Mr Martin James Dunn as director on 2025-05-01View(2 pages)
7 May 2025OfficersTermination of Martin James Dunn as director on 2024-09-30View(1 page)
10 Nov 2025 Accounts

Annual accounts made up to 2025-08-31

21 Oct 2025 Officers

Appointment of Tom Goodmanson as director on 2025-09-30

17 Jun 2025 Accounts

Annual accounts made up to 2024-08-31

7 May 2025 Officers

Appointment of Mr Martin James Dunn as director on 2025-05-01

7 May 2025 Officers

Termination of Martin James Dunn as director on 2024-09-30

Recent Activity

Latest Activity

Annual accounts made up to 2025-08-31

3 months ago on 10 Nov 2025

Appointment of Tom Goodmanson as director on 2025-09-30

3 months ago on 21 Oct 2025

Annual accounts made up to 2024-08-31

8 months ago on 17 Jun 2025

Appointment of Mr Martin James Dunn as director on 2025-05-01

9 months ago on 7 May 2025

Termination of Martin James Dunn as director on 2024-09-30

9 months ago on 7 May 2025