Project Jupiter Topco Limited
Activities of other holding companies n.e.c. · London
ActiveUnited KingdomIncorporated 2019Private Limited Company
Financial position
Accounts to 2025-11-30 · GBP · Group accounts
Net assets
−£13,081,908
Cash
£1,792,619
Turnover
£55,608,252
Profit / loss
−£5,454,374
Current assets
£10,139,385
Creditors < 1 year
£34,285,512
Equity
−£13,081,908
Average employees
181
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-11-30Group · AI-read | 2024-11-30Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£13,081,908 | −£7,581,792 |
| Equity | −£13,081,908 | −£7,581,792 |
| Share capital | £1,073 | £1,073 |
| Retained earnings | −£13,329,679 | −£7,875,305 |
| Assets | ||
| Fixed assets | £11,480,743 | £13,716,815 |
| Intangible assets | £11,306,175 | £13,384,090 |
| Property, plant & equipment | £174,568 | £332,725 |
| Current assets | £10,139,385 | £13,230,110 |
| Cash at bank | £1,792,619 | £3,467,319 |
| Debtors | £8,346,766 | £9,762,791 |
| Liabilities | ||
| Creditors within one year | £34,285,512 | £34,092,141 |
| Provisions | £408,650 | — |
| Net current assets | −£24,146,127 | −£20,862,031 |
| Assets less current liabilities | −£12,665,384 | −£7,145,216 |
| Profit & loss | ||
| Turnover | £55,608,252 | £61,731,666 |
| Cost of sales | £43,280,324 | £47,449,419 |
| Gross profit | £12,327,928 | £14,282,247 |
| Administrative expenses | £15,203,710 | £17,553,759 |
| Other operating income | £65,286 | £347,382 |
| Operating profit | −£2,810,496 | −£2,924,130 |
| Interest payable | £2,551,111 | £2,257,988 |
| Profit before tax | −£5,361,607 | −£5,182,118 |
| Tax | £92,767 | £382,848 |
| Profit / loss | −£5,454,374 | −£5,564,966 |
| Operating costs | ||
| Amortisation | £2,029,679 | £2,029,675 |
| Operating lease charges | £1,024,380 | £1,046,697 |
| Audit fees | £147,153 | £146,227 |
| Government grants | £65,286 | £347,382 |
| People & pay | ||
| Average employees | 181 | 210 |
| Staff costs | £12,014,653 | £13,010,135 |
| Wages & salaries | £8,333,116 | £9,444,388 |
| Social security costs | £902,728 | £934,099 |
| Pension costs | £72,503 | £80,336 |
| Directors' remuneration | £246,025 | £389,218 |
| Highest paid director | £200,000 | £216,298 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-11-30 say about themselves, read by AI from the scanned filing.
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Clean (unmodified)
- Accounts
- FRS 102
- Approved
- 2026-09-11, signed by Jonathan Ellerbeck
Subsidiaries (10)
- Gravitas Recruitment Group (Holding) Limited · 100% · United Kingdom · Holding company
- Project Jupiter Bidco Limited · 100% · United Kingdom · Management Services
- Gravitas Recruitment Group Limited · 100% · United Kingdom · Recruitment consultancy
- Gravitas Recruitment Group (HK) Limited · 100% · Hong Kong · Recruitment consultancy
- Gravitas Recruitment Group (SG) Pte. Limited · 100% · Singapore · Recruitment consultancy
- Gravitas Recruitment Group (US) Inc · 100% · United States · Dormant
- Gravitas Recruitment Group (Deutschland) GmbH · 100% · Germany · Recruitment consultancy
- Gravitas Recruitment Group (Nederland) B.V. · 100% · The Netherlands · Recruitment consultancy
- Gravitas Recruitment Group (China) Ltd · 100% · China · Recruitment consultancy
- Hamlyn Williams (Hong Kong) Ltd · 100% · Hong Kong · Dormant
Turnover by segment (16)
- Permanent Staff introduction fees: 6,450,241 (2025-11-30)
- Permanent Staff introduction fees: 7,758,319 (2024-11-30)
- Contractor fees: 49,158,011 (2025-11-30)
- Contractor fees: 53,973,347 (2024-11-30)
- United Kingdom: 35,628,754 (2025-11-30)
- United Kingdom: 40,629,863 (2024-11-30)
- Hong Kong: 12,070,771 (2025-11-30)
- Hong Kong: 12,210,508 (2024-11-30)
- Singapore: 2,275,639 (2025-11-30)
- Singapore: 1,898,521 (2024-11-30)
- Shenzhen: 434,523 (2025-11-30)
- Shenzhen: 186,153 (2024-11-30)
- Germany: 417,880 (2025-11-30)
- Germany: 202,526 (2024-11-30)
- Netherlands: 4,780,685 (2025-11-30)
- Netherlands: 6,604,095 (2024-11-30)
Related parties (8)
- Directors · Loan notes outstanding at year end · 7,176,410
- Directors · Loan note interest expense · 655,174
- The Fourth Alcuin Fund Partnership · Significant shareholder and director, acting by its general partner Alcuin GP IV LLP · Loan notes outstanding at year end · 8,727,481
- The Fourth Alcuin Fund Partnership · Significant shareholder and director, acting by its general partner Alcuin GP IV LLP · Loan note interest expense · 1,149,614
- Immediate Family of directors · Loan notes outstanding at year end · 6,854,569
- Immediate Family of directors · Loan note interest expense · 669,652
- The Fourth Alcuin Fund Partnership · Significant shareholder and director, acting by its general partner Alcuin GP IV LLP · Management fees payable · 111,498
- The Fourth Alcuin Fund Partnership · Significant shareholder and director, acting by its general partner Alcuin GP IV LLP · Partial settlement of outstanding loan notes and accrued interest · 4,000,000
Borrowings (2)
- A loan notes · The holder confirmed its current intention to defer repayment of the A loan notes and associated interest to at least 30 November 2027.
- B loan notes · All other loan notes and associated interest are subordinate to the A loan notes and will not fall due for repayment whilst the A loan notes remain outstanding.
Share classes (3)
- 35,000 A ordinary shares of £0.01
- 45,000 B ordinary shares of £0.01
- 27,287 C ordinary shares of £0.01
Events after the year end (1)
- A provision of £65,000 was made to cover redundancy arrangement costs; settlement was made post year end.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.