INVESTMENT COMPANY 24 BIDCO LIMITED
Investment Company 24 Bidco Limited is an acquisition vehicle operating within a corporate holding structure controlled by Vesta Midco Limited.
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Cash
£39m
EUR 44,655,501
+22.7% highest in 3 filed years
Net assets
£510m
EUR 585,072,198
+4.1% vs 2024
Employees
3,389
+16.1% highest in 3 filed years
Profit before tax
-£16m
EUR -18,905,973
+37.8% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £297,477,462 | £294,634,854 | £337,551,110 | +14.6% | |
| Operating profit | £7,122,071 | £7,617,670 | £14,591,826 | +91.6% | |
| Profit before tax | -£23,267,167 | -£26,518,143 | -£16,488,726 | +37.8% | |
| Net profit | -£23,663,530 | -£21,733,248 | -£11,003,999 | +49.4% | |
| Cash | £37,567,166 | £31,740,296 | £38,946,015 | +22.7% | |
| Total assets less current liabilities | £874,324,617 | £839,212,123 | £854,236,400 | +1.8% | |
| Net assets | £540,934,618 | £490,188,488 | £510,267,049 | +4.1% | |
| Equity | £540,934,618 | £490,188,488 | £510,267,049 | +4.1% | |
| Average employees | 2,739 | 2,918 | 3,389 | +16.1% | |
| Wages | £185,356,092 | £168,722,590 | £192,492,621 | +14.1% | |
| Directors' remuneration | £787,840 | £663,894 | £831,240 | +25.2% | |
| Directors' pension contributions | £22,149 | £22,517 | £40,236 | +78.7% |
Figures converted to GBP from EUR at 0.872 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.4% | 2.6% | 4.3% | |
| Net margin | -8.0% | -7.4% | -3.3% | |
| Return on capital employed | 0.8% | 0.9% | 1.7% | |
| Gearing (liabilities / total assets) | 42.1% | 45.0% | 44.1% | |
| Current ratio | 1.55x | 1.77x | 1.84x | |
| Interest cover | 0.23x | 0.22x | 0.47x |
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.
Name history
Renamed 1 time since incorporation
- INVESTMENT COMPANY 24 BIDCO LIMITED 2022-04-14 → present
- VALOR BIDCO LIMITED 2022-04-12 → 2022-04-14
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- INVESTMENT COMPANY 24 BIDCO LIMITED · parent
- Sionnach Limited 100%
- Tomas Limited 100%
- Version 1 Holdings Limited 100%
- Version 1 Software Limited 100%
- Version 1 Software UK Limited 100%
- Version 1 Solutions Limited 100%
Significant events
- “Before 30 April 2026, the Directors expect that Version 1 Software UK Limited will sign a Share Purchase Agreement to acquire 100% of the voting shares of xD Topco Limited... with purchase consideration estimated to be within the range of £82m to £94m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COONEY, Patrick Francis | Director | 2025-06-09 | Apr 1976 | Irish |
| SINGH, Roopinder | Director | 2025-06-09 | Jan 1965 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| INTERTRUST (UK) LIMITED | Corporate Secretary | 2022-04-12 | 2023-08-09 |
| LAHIFF, Louise Christina, Mrs. | Director | 2022-07-13 | 2025-06-09 |
| LEOPOLD-METZGER, Jeremy Charles | Director | 2022-04-15 | 2022-07-13 |
| O'CONNOR, Thomas Anthony, Mr. | Director | 2022-07-13 | 2024-11-08 |
| SMITH, Simon Alexander, Mr. | Director | 2022-04-12 | 2022-07-13 |
| VISSER, Maarten Pieter | Director | 2022-04-15 | 2022-07-13 |
| INTERTRUST (UK) LIMITED | Corporate Director | 2022-04-12 | 2022-07-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vesta Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-05-12 | Ceased 2022-05-12 |
| Vesta Midco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-05-12 | Active |
| Pg Investment Company 24 S.A R.L. | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-04-12 | Ceased 2022-05-12 |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type group | |
| 2025-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-09-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | CH04 | officers | Change corporate secretary company | |
| 2024-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-15 | AA | accounts | Accounts with accounts type group | |
| 2024-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-06 | AA | accounts | Accounts with accounts type group | |
| 2023-09-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-13 | ANNOTATION | miscellaneous | Legacy | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.