ACCELERATE TOPCO LIMITED
Get an alert when ACCELERATE TOPCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-31 (in 5mo)
Last made up 2025-10-17
Watchouts
Cash
£3M
Latest balance sheet
Net assets
-£11M
Equity attributable
Employees
197
Average over period
Profit before tax
-£6M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-10-17 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £23,687,730 | £31,492,792 | |
| Operating profit | — | -£2,132,222 | -£1,665,003 | |
| Profit before tax | — | -£5,992,672 | -£6,317,572 | |
| Net profit | — | -£6,042,654 | -£6,316,030 | |
| Cash | — | £3,059,498 | £3,279,646 | |
| Total assets less current liabilities | — | £40,196,319 | £42,114,581 | |
| Net assets | — | -£5,027,469 | -£11,319,879 | |
| Equity | £2 | -£5,027,469 | -£11,319,879 | |
| Average employees | — | 188 | 197 | |
| Wages | — | £11,149,528 | £11,128,182 | |
| Directors' remuneration | — | £555,000 | £541,963 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-10-17 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -9.0% | -5.3% | |
| Net margin | — | -25.5% | -20.1% | |
| Return on capital employed | — | -5.3% | -4.0% | |
| Current ratio | — | 1.08x | 0.95x | |
| Interest cover | — | -0.55x | -0.36x |
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
- RBCA Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”
Group structure
- ACCELERATE TOPCO LIMITED · parent
- Accelerate Holdco Limited 100%
- Accelerate Midco Limited 100%
- Accelerate Bidco Limited 100%
- Xperience Group Management Limited 100%
- Xperience Group Holdings Limited 100%
- Xperience IT Solutions Limited 100%
- Xperience Dynamics Limited 100%
- DMC Software Solutions Limited 100%
- The Cloud Simplified Limited 100%
- Green Duck Ltd 100%
- GCC Group Limited 100%
- GCC Innova Limited 100%
- Ivocom Ltd 100%
- GCC Dynamics Limited 100%
- Centre Point Software Limited 100%
- Riverlite Ltd 100%
- Labsec Limited 100%
- CSS Cloud Ltd 100%
Significant events
- “CSS Cloud Limited was acquired in December 2024 by Xperience Group Holdings Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DU PLESSIS, Espe | Director | 2026-02-16 | Dec 1984 | British |
| ELLIOTT, Thomas James | Director | 2022-10-18 | May 1984 | British |
| HOWLING, Mark Ian | Director | 2026-02-16 | Jun 1961 | British |
| JACKSON, Derek Rodney | Director | 2022-12-14 | Jan 1971 | British |
| MUKHERJI, Raj Shekhar | Director | 2026-02-16 | Nov 1992 | British |
| O'KANE, Francis Iain | Director | 2022-12-14 | Oct 1970 | Irish |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAVEY, Andrew | Director | 2022-12-14 | 2026-02-16 |
| JOHNSTON, Andrew Luke | Director | 2022-12-14 | 2025-11-05 |
| MANI, Roy Benjamin Kurien | Director | 2022-10-18 | 2025-01-13 |
| MARNHAM, Benjamin | Director | 2022-12-14 | 2025-06-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bowmark Growth Partners Nominees Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-10-18 | Ceased 2022-10-18 |
| Bowmark Growth Investment Partnership Nominees Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-10-18 | Ceased 2022-10-18 |
| Bowmark Capital Llp | Corporate entity | Significant influence | 2022-10-18 | Active |
| Mr Francis Iain O'Kane | Individual | ownership-of-shares-25-to-50-percent-as-trust, voting-rights-25-to-50-percent-as-trust | 2022-10-18 | Active |
| Bowmark Growth Gp Llp | Corporate entity | Voting 50–75%, Appoints directors | 2022-10-18 | Active |
Filing timeline
Last 20 of 42 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-23 RP04SH01 Legacy
- 2024-12-16 MA Memorandum articles
- 2024-12-16 RESOLUTIONS Resolution
- 2024-01-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-12 | SH01 | capital | Capital allotment shares | |
| 2025-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-23 | RP04SH01 | change-of-name | Legacy | |
| 2025-10-20 | SH01 | capital | Capital allotment shares | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | SH01 | capital | Capital allotment shares | |
| 2024-12-16 | MA | incorporation | Memorandum articles | |
| 2024-12-16 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type group | |
| 2024-01-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-22 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 3
- Officers appointed
- 3
- Officers resigned
- 3
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.