CompanyTrack
T

TOPCO KORU LIMITED

Active Manchester

Other service activities n.e.c.

41 employees Website
Professional services Management consultancy Other service activities n.e.c.
T

TOPCO KORU LIMITED

Other service activities n.e.c.

Founded 3 Jul 2020 Active Manchester, United Kingdom 41 employees koru-ltd.com
Professional services Management consultancy Other service activities n.e.c.
Accounts Submitted 20 Aug 2025
Confirmation Statement Submitted 3 Jul 2025
Net assets £-8.96M £3.26M 2023 year on year
Total assets £15.38M £1.53M 2023 year on year
Total Liabilities £24.03M £1.68M 2023 year on year
Charges None No charges registered

AI Analysis

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Contact & Details

Registered Address

20 Dale St Manchester M1 1EZ United Kingdom

Website

koru-ltd.com

Credit Report

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

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2020–2023)

Cash in Bank

£633.60k

Increased by £24.55k (+4%)

Net Assets

-£8.96M

Decreased by £3.26M (-57%)

Total Liabilities

£24.03M

Increased by £1.68M (+8%)

Turnover

N/A

Employees

41

Increased by 3 (+8%)

Debt Ratio

156%

Increased by 24 (+18%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
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

5 Allotments 7,500,000 Shares £66k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
8 Jan 20251,500,000£15k£0.01
23 Jan 20234,000,000£40k£0.01
15 Oct 20211,000,000£10k£0.01
8 Feb 2021925,000£925£0.001
4 Dec 202075,000£75£0.001

Officers

Officers

8 active 1 resigned
Status
Anna Elizabeth DickDirectorBritishEngland4721 Feb 2024Active
Charles JohnstoneDirectorBritishUnited Kingdom533 Jul 2020Active
Duncan Stuart StockdillDirectorNew ZealanderEngland5113 Jul 2020Active
Fiona Elizabeth McmahonDirectorBritishUnited Kingdom403 Jul 2020Active
Michael Andrew McgrathDirectorEnglishWales5921 Apr 2021Active
Phillip Trevor HainesDirectorNew ZealanderUnited Kingdom5113 Jul 2020Active
Sabrina Clare GuerinDirectorBritishEngland364 Dec 2020Active
Steven Craig LedgerwoodDirectorBritishEngland4519 Jan 2023Active

Shareholders

Shareholders (8)

Steven Ledgerwood
4.0%
4,000,0003 Jul 2025
Sabrina Guerin
1.0%
1,000,0003 Jul 2025
Richard Chapman
0.2%
237,7533 Jul 2025

Persons with Significant Control

Persons with Significant Control (3)

3 Active 1 Ceased

Newlands Capital 1 Llp

United Kingdom

Active
Notified 8 Jul 2020
Nature of Control
  • Ownership Of Shares 50 To 75 Percent
  • Voting Rights 25 To 50 Percent

Phillip Trevor Haines

New Zealander

Active
Notified 13 Jul 2020
Residence United Kingdom
DOB October 1974
Nature of Control
  • Voting Rights 25 To 50 Percent

Duncan Stuart Stockdill

New Zealander

Active
Notified 13 Jul 2020
Residence England
DOB November 1974
Nature of Control
  • Voting Rights 25 To 50 Percent

Charles Johnstone

Ceased 8 Jul 2020

Ceased

Group Structure

Group Structure

NEWLANDS CAPITAL 1 LLP united kingdom voting rights 50 to 75 percent limited liability partnership
HERMES GPE HORIZON II LP united kingdom appoint/remove person
HERMES GPE HORIZON II GP LLP united kingdom voting rights 50 to 75 percent limited liability partnership, right to share surplus assets 50 to 75 percent limited liability partnership, appoint/remove members limited liability partnership
HERMES GPE LLP united kingdom voting rights 25 to 50 percent limited liability partnership
HERMES GPE HORIZON II FEEDER LP united kingdom part right to share surplus assets 75 to 100 percent
BRITEL SCOTLAND L.P. united kingdom voting rights 25 to 50 percent
HERMES GPE FOUNDER PARTNER LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HERMES GPE FOUNDER PARTNER 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GPE PARTNER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FEDERATED HERMES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRITEL SCOTLAND PARTNERS LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership
BRITEL SCOTLAND GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
BRITEL FUND TRUSTEES LIMITED united kingdom significant influence or control
HERMES INVESTMENT MANAGEMENT LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BT PENSION SCHEME TRUSTEES LIMITED united kingdom appoint/remove directors
BRITEL FUND NOMINEES LIMITED united kingdom significant influence or control
BRITEL SCOTLAND GP II LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BT GROUP INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BT GROUP PLC united kingdom
TOPCO KORU LIMITED Current Company
BIDCO KORU 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
20 Aug 2025AccountsAnnual accounts made up to 2024-12-31View(13 pages)
3 Jul 2025Confirmation StatementConfirmation statement made on 2025-07-02 with updatesView(4 pages)
16 Jan 2025ResolutionResolutionsView(3 pages)
10 Jan 2025CapitalAllotment of shares (GBP 100,000) on 2025-01-08View(7 pages)
4 Sept 2024AccountsAnnual accounts made up to 2023-12-31View(14 pages)
20 Aug 2025 Accounts

Annual accounts made up to 2024-12-31

3 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-07-02 with updates

16 Jan 2025 Resolution

Resolutions

10 Jan 2025 Capital

Allotment of shares (GBP 100,000) on 2025-01-08

4 Sept 2024 Accounts

Annual accounts made up to 2023-12-31

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

5 months ago on 20 Aug 2025

Confirmation statement made on 2025-07-02 with updates

6 months ago on 3 Jul 2025

Resolutions

1 years ago on 16 Jan 2025

Allotment of shares (GBP 100,000) on 2025-01-08

1 years ago on 10 Jan 2025

Annual accounts made up to 2023-12-31

1 years ago on 4 Sept 2024