BRADLEY ULTRA TOPCO LIMITED
Get an alert when BRADLEY ULTRA TOPCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£27k
-82.9% lowest in 3 filed years
Net assets
-£30m
-49.5% lowest in 3 filed years
Employees
134
-3.6% lowest in 3 filed years
Profit before tax
-£10m
+9.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-02
| Metric | Trend | 2023-11-05 | 2024-11-03 | 2025-11-02 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £30,911,985 | £22,833,415 | £21,559,267 | -5.6% | |
| Operating profit | -£5,946,502 | -£7,636,936 | -£5,880,497 | +23% | |
| Profit before tax | -£9,757,868 | -£11,363,751 | -£10,246,512 | +9.8% | |
| Net profit | -£9,410,658 | -£11,363,751 | -£9,912,033 | +12.8% | |
| Cash | £518,249 | £159,700 | £27,284 | -82.9% | |
| Total assets less current liabilities | £38,370,459 | £31,641,491 | £28,614,519 | -9.6% | |
| Net assets | -£8,613,556 | -£19,969,529 | -£29,855,421 | -49.5% | |
| Equity | -£8,613,556 | -£19,969,529 | -£29,855,421 | -49.5% | |
| Average employees | 194 | 139 | 134 | -3.6% | |
| Wages | £5,767,526 | £4,310,744 | £4,133,597 | -4.1% | |
| Directors' remuneration | £16,253 | £130,132 | £441,782 | +239.5% | |
| Directors' pension contributions | £330 | £4,773 | £43,612 | +813.7% | |
| Highest paid director | — | £65,000 | £239,185 | +268% |
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 | 2023-11-05 | 2024-11-03 | 2025-11-02 |
|---|---|---|---|---|
| Operating margin | -19.2% | -33.4% | -27.3% | |
| Net margin | -30.4% | -49.8% | -46.0% | |
| Return on capital employed | -15.5% | -24.1% | -20.6% | |
| Gearing (liabilities / total assets) | 120.0% | 153.3% | 191.6% | |
| Current ratio | 2.19x | 1.47x | 1.80x | |
| Interest cover | -1.56x | -2.05x | -1.34x |
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
- FLB Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has net liabilities of £29,855,421. In considering the Group's going concern the directors have obtained assurances from True Capital III LP that, if required, funds will be available to meet liabilities as they fall due. These financial statements are therefore prepared on a going concern basis.”
Group structure
- BRADLEY ULTRA TOPCO LIMITED · parent
- Bradley Cleanco Limited 100%
- Bradley Topco Limited 100%
- Bradley Bidco Limited 100%
- Cyclesport North Limited 100%
Significant events
- “Post period end, in November 2025 and May 2026, True Capital III LP, a shareholder of the Company's ultimate parent company, Bradley Ultra Topco Limited, has agreed to provide 2 loans totalling £2,500,000 to Bradley Topco Limited, which was onward lent on the same date under the same terms to Cyclesport North Limited strictly on a short term basis. The maturity date of the loans is 31 December 2028 and incurs interest at 10% per annum.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DENIRO, Rebecca Elizabeth | Director | 2023-08-03 | Feb 1976 | British |
| HASTINGS, Sean Richard | Director | 2024-09-02 | Apr 1977 | British |
| PEARSON, William James | Director | 2022-06-06 | Feb 1976 | British |
| RAYNSFORD, Andrew | Director | 2024-09-02 | May 1979 | British |
| SHARPE, Richard James | Director | 2023-08-03 | Mar 1986 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COCKER, Paul Andrew | Director | 2022-06-06 | 2023-08-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| True Capital Iii Lp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-10-13 | Active |
| True Capital Iii Lp Acting By Its General Partner True Capital Iii Gp Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-06 | Ceased 2022-10-13 |
Filing timeline
Last 20 of 34 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-12 RESOLUTIONS Resolution
- 2024-06-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type group | |
| 2026-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-18 | RP01SH01 | miscellaneous | Legacy | |
| 2026-02-12 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-11 | SH08 | capital | Capital name of class of shares | |
| 2026-02-08 | RP01SH01 | miscellaneous | Legacy | |
| 2026-02-03 | SH01 | capital | Capital allotment shares | |
| 2026-02-03 | SH01 | capital | Capital allotment shares | |
| 2025-07-28 | AA | accounts | Accounts with accounts type group | |
| 2025-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-04 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-06-28 | SH06 | capital | Capital cancellation shares | |
| 2024-06-28 | SH03 | capital | Capital return purchase own shares | |
| 2024-06-25 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-25 | SH08 | capital | Capital name of class of shares | |
| 2024-06-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-14 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 3
- 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.