SAFFRON TOPCO LIMITED
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Cash
£3.8m
-64.5% vs 2024
Net assets
£158k
-67.4% vs 2024
Employees
3,528
-0.3% vs 2024
Profit before tax
£1.2m
-65.2% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £203,594,000 | £228,107,000 | +12% | |
| Operating profit | £8,173,000 | £7,404,000 | -9.4% | |
| Profit before tax | £3,509,000 | £1,222,000 | -65.2% | |
| Net profit | £1,579,000 | -£327,000 | -120.7% | |
| Cash | £10,790,000 | £3,830,000 | -64.5% | |
| Total assets less current liabilities | £31,513,000 | £32,630,000 | +3.5% | |
| Net assets | £485,000 | £158,000 | -67.4% | |
| Equity | £485,000 | £158,000 | -67.4% | |
| Average employees | 3,538 | 3,528 | -0.3% | |
| Wages | £91,867,000 | £94,819,000 | +3.2% | |
| Directors' remuneration | £960,000 | £942,000 | -1.9% | |
| Directors' pension contributions | £33,000 | £57,000 | +72.7% | |
| Highest paid director | £424,000 | £368,000 | -13.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 4.0% | 3.2% | |
| Net margin | 0.8% | -0.1% | |
| Return on capital employed | 25.9% | 22.7% | |
| Gearing (liabilities / total assets) | 99.5% | 99.8% | |
| Current ratio | 0.96x | 1.08x | |
| Interest cover | 1.68x | 1.15x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the analysis completed and accompanying cash projections, the directors believe that there are no reasons why the going concern convention should not be adopted and that it is therefore appropriate to prepare the financial statements on a going concern basis.”
Group structure
- SAFFRON TOPCO LIMITED · parent
- Saffron Midco Limited 100%
- Saffron Acquisitionco Limited 100%
- Arcus Solutions (Holdings) Limited 100%
- Arcus FM Limited 100%
- Arcus Managed Services Limited 100%
- Building Energy Management Services Limited 100%
- Triosgroup Limited 100%
- Trios Facilities Management Limited 100%
- Trios AMS Limited 100%
- Trios Skilz Limited 100%
- Trios Secure Limited 100%
- Trios Facilities Limited 100%
- Trios Compliance Limited 100%
Significant events
- “Revenue growth in 2025 is as a result of additional business secured by the Group and the full year impact of revenue from the Trios acquisition. Operating profit, profit before tax and operating margin have reduced in the year as a result of one off costs incurred by the business. These are in relation to the full integration of the Trios business and costs associated to one-off strategic projects undertaken in the year.”
- “The reduction in the Group's cash position has been offset with a reduction in the level of debt held within the Group as the loan notes which were due for repayment on 6 February 2025 were fully repaid. This has offset the cash generated by operations in the year and created a lower closing cash position as at 31 March 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KNIGHT, Paul Aaron | Secretary | 2020-03-18 | — | — |
| BELL, Theresa | Director | 2023-09-11 | Jun 1972 | British |
| GREEN, Christopher Mark | Director | 2020-02-06 | Nov 1965 | British |
| KNIGHT, Paul Aaron | Director | 2021-08-05 | Jul 1984 | British |
| MACDONALD, Patrick James | Director | 2020-07-29 | May 1962 | British |
| STEEL, David Alexander John | Director | 2019-09-13 | Oct 1977 | British |
| WILLIS, Stephen Terence Patrick | Director | 2020-02-06 | Mar 1965 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTLER, Richard Thomas | Director | 2019-09-13 | 2020-02-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Soho Square I Equityco Sarl | Corporate entity | Voting 75–100% | 2022-02-02 | Active |
| Mr Richard Thomas Butler | Individual | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2019-09-13 | Ceased 2022-02-02 |
Filing timeline
Last 20 of 45 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-23 RESOLUTIONS Resolution
- 2025-12-23 MA Memorandum articles
- 2024-10-12 MA Memorandum articles
- 2022-10-05 MA Memorandum articles
- 2022-10-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2026-01-05 | AA | accounts | Accounts with accounts type group | |
| 2025-12-23 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-23 | MA | incorporation | Memorandum articles | |
| 2025-12-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AA | accounts | Accounts with accounts type group | |
| 2024-10-12 | MA | incorporation | Memorandum articles | |
| 2024-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | AA | accounts | Accounts with accounts type group | |
| 2023-09-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-20 | SH06 | capital | Capital cancellation shares | |
| 2023-01-20 | SH03 | capital | Capital return purchase own shares | |
| 2022-10-05 | MA | incorporation | Memorandum articles | |
| 2022-10-05 | RESOLUTIONS | resolution | Resolution | |
| 2022-09-30 | SH01 | capital | Capital allotment shares | |
| 2022-09-29 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.