Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
unit 4, blythe valley innovation centre,, solihull, west midlands, B90 8AJ
Website
-
launchchange holding companyEstimated Valuation
£0
Pomanda estimates the enterprise value of LAUNCHCHANGE HOLDING COMPANY at £0 based on a Turnover of £0 and 0.97x industry multiple (adjusted for size and gross margin).
launchchange holding companyEstimated Valuation
£12.8b
Pomanda estimates the enterprise value of LAUNCHCHANGE HOLDING COMPANY at £12.8b based on an EBITDA of £3.1b and a 4.1x industry multiple (adjusted for size and gross margin).
launchchange holding companyEstimated Valuation
£5.6b
Pomanda estimates the enterprise value of LAUNCHCHANGE HOLDING COMPANY at £5.6b based on Net Assets of £4.4b and 1.27x industry multiple (adjusted for liquidity).
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Launchchange Holding CompanyOverview
Launchchange Holding Company is a live company located in solihull, B90 8AJ with a Companies House number of 03259276. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 1996, it's largest shareholder is
vrc holding corporation
with a 100% stake. Launchchange Holding Company is a mature,
unknown sized company, Pomanda has estimated its turnover at
£0 with
unknown
growth in recent years.
Pomanda's financial health check has awarded Launchchange Holding Company a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Employees
with 3 employees, this is below the industry average (104)
- - Launchchange Holding Company
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Launchchange Holding Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
- - Launchchange Holding Company
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40%, this is a lower level of debt than the average (69.7%)
- - Launchchange Holding Company
- - Industry AVG
LAUNCHCHANGE HOLDING COMPANY financials
EXPORT
Launchchange Holding Company's latest turnover from December 2023 is 0 and the company has net assets of £4.4 billion. According to their latest financial statements, Launchchange Holding Company has 3 employees and maintains cash reserves of £26.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,030,000
Other Income Or Grants
Cost Of Sales
Gross Profit
Admin Expenses
-3,112,907,233
-12,877,575
237,000
260,000
407,000
252,000
8,290,000
481,000
372,000
337,000
36,738,000
87,166,000
102,000
49,000
-1,030,000
Operating Profit
3,112,907,233
12,877,575
-237,000
-260,000
-407,000
-252,000
-8,290,000
-481,000
-372,000
-337,000
-36,738,000
-87,166,000
-102,000
-49,000
1,030,000
Interest Payable
141,430,000
131,671,000
121,872,000
74,729,000
64,779,000
61,738,000
58,253,000
54,153,000
50,236,000
54,229,000
52,076,000
46,681,000
42,637,000
28,143,000
24,503,000
Interest Receivable
1,408,000
255,000
113,000
465,000
425,000
214,000
228,000
327,000
450,000
346,000
302,000
598,000
322,000
127,000
Pre-Tax Profit
2,186,349,000
-132,870,000
-121,996,000
-74,524,000
185,239,000
-61,776,000
308,685,000
779,974,000
-51,089,000
49,853,000
11,757,000
-45,864,000
892,823,000
-28,065,000
-23,473,000
Tax
-8,623,000
-5,944,000
-2,489,000
6,496,000
12,301,000
Profit After Tax
2,186,349,000
-132,870,000
-121,996,000
-74,524,000
185,239,000
-61,776,000
308,685,000
779,974,000
-51,089,000
49,853,000
3,134,000
-51,808,000
890,334,000
-21,569,000
-11,172,000
Dividends Paid
2,414,326,000
155,000,000
325,000,000
834,281,000
805,240,000
Retained Profit
-227,977,000
-132,870,000
-121,996,000
-74,524,000
30,239,000
-61,776,000
-16,315,000
-54,307,000
-51,089,000
49,853,000
3,134,000
-51,808,000
85,094,000
-21,569,000
-11,172,000
Employee Costs
Number Of Employees
3
1
1
3
3
3
3
3
3
3
3
3
3
3
3
EBITDA*
3,112,907,233
12,877,575
-237,000
-260,000
-407,000
-252,000
-8,290,000
-481,000
-372,000
-337,000
-36,738,000
-87,166,000
-102,000
-49,000
1,030,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
7,311,764,000
5,425,431,000
4,533,431,000
4,533,431,000
3,884,440,000
3,884,440,000
3,884,440,000
3,892,457,000
3,331,984,000
3,334,247,000
3,327,228,000
3,291,179,000
3,113,653,000
2,904,888,000
2,233,747,000
Debtors (Due After 1 year)
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
9,100,000
Total Fixed Assets
7,311,764,000
5,425,431,000
4,533,431,000
4,533,431,000
3,893,540,000
3,893,540,000
3,893,540,000
3,901,557,000
3,341,084,000
3,343,347,000
3,336,328,000
3,300,279,000
3,122,753,000
2,913,988,000
2,242,847,000
Stock & work in progress
Trade Debtors
Group Debtors
10,313,000
9,756,000
9,523,000
9,420,000
9,306,000
9,145,000
9,001,000
8,886,000
8,764,000
8,634,000
8,507,000
8,387,000
8,257,000
8,135,000
8,012,000
Misc Debtors
242,000
18,000
96,000
25,000
21,000
1,000
9,000
8,000
25,000
16,569,000
25,212,000
31,149,000
33,606,000
27,109,000
Cash
26,716,000
363,000
1,727,000
2,104,000
57,207,000
740,000
misc current assets
total current assets
37,271,000
10,137,000
11,346,000
11,549,000
66,534,000
9,146,000
9,010,000
8,894,000
8,764,000
8,659,000
25,076,000
33,599,000
40,146,000
41,741,000
35,121,000
total assets
7,349,035,000
5,435,568,000
4,544,777,000
4,544,980,000
3,960,074,000
3,902,686,000
3,902,550,000
3,910,451,000
3,349,848,000
3,352,006,000
3,361,404,000
3,333,878,000
3,162,899,000
2,955,729,000
2,277,968,000
Bank overdraft
37,018,000
9,710,000
48,938,000
48,238,000
48,762,000
39,730,000
30,327,000
287,000
7,590,000
7,323,000
Bank loan
Trade Creditors
Group/Directors Accounts
822,815,000
392,330,000
9,237,000
8,882,000
8,540,000
8,212,000
7,896,000
7,592,000
7,300,000
7,019,000
6,749,000
43,440,000
112,047,000
14,411,000
61,396,000
other short term finances
hp & lease commitments
other current liabilities
39,000
9,000
13,000
89,000
60,000
56,000
21,000
142,000
52,000
78,000
59,000
77,000
3,000
22,000
9,000
total current liabilities
822,854,000
392,339,000
9,250,000
8,971,000
8,600,000
45,286,000
17,627,000
56,672,000
55,590,000
55,859,000
46,538,000
73,844,000
112,337,000
22,023,000
68,728,000
loans
2,119,785,000
1,408,856,000
1,660,284,000
1,538,770,000
879,711,000
815,876,000
781,623,000
734,164,000
680,808,000
631,608,000
683,631,000
657,933,000
396,653,000
364,891,000
289,997,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
2,119,785,000
1,408,856,000
1,660,284,000
1,538,770,000
879,711,000
815,876,000
781,623,000
734,164,000
680,808,000
631,608,000
683,631,000
657,933,000
396,653,000
364,891,000
289,997,000
total liabilities
2,942,639,000
1,801,195,000
1,669,534,000
1,547,741,000
888,311,000
861,162,000
799,250,000
790,836,000
736,398,000
687,467,000
730,169,000
731,777,000
508,990,000
386,914,000
358,725,000
net assets
4,406,396,000
3,634,373,000
2,875,243,000
2,997,239,000
3,071,763,000
3,041,524,000
3,103,300,000
3,119,615,000
2,613,450,000
2,664,539,000
2,631,235,000
2,602,101,000
2,653,909,000
2,568,815,000
1,919,243,000
total shareholders funds
4,406,396,000
3,634,373,000
2,875,243,000
2,997,239,000
3,071,763,000
3,041,524,000
3,103,300,000
3,119,615,000
2,613,450,000
2,664,539,000
2,631,235,000
2,602,101,000
2,653,909,000
2,568,815,000
1,919,243,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
3,112,907,233
12,877,575
-237,000
-260,000
-407,000
-252,000
-8,290,000
-481,000
-372,000
-337,000
-36,738,000
-87,166,000
-102,000
-49,000
1,030,000
Depreciation
Amortisation
Tax
-8,623,000
-5,944,000
-2,489,000
6,496,000
12,301,000
Stock
Debtors
781,000
155,000
174,000
-8,982,000
181,000
136,000
116,000
130,000
105,000
-16,417,000
-8,523,000
-5,807,000
-2,335,000
6,620,000
44,221,000
Creditors
Accruals and Deferred Income
30,000
-4,000
-76,000
29,000
4,000
35,000
-121,000
90,000
-26,000
19,000
-18,000
74,000
-19,000
13,000
9,000
Deferred Taxes & Provisions
Cash flow from operations
3,112,156,233
12,718,575
-487,000
8,751,000
-584,000
-353,000
-8,527,000
-521,000
-503,000
16,099,000
-36,856,000
-87,229,000
-275,000
-160,000
-30,881,000
Investing Activities
capital expenditure
Change in Investments
1,886,333,000
892,000,000
648,991,000
-8,017,000
560,473,000
-2,263,000
7,019,000
36,049,000
177,526,000
208,765,000
671,141,000
2,233,747,000
cash flow from investments
-1,886,333,000
-892,000,000
-648,991,000
8,017,000
-560,473,000
2,263,000
-7,019,000
-36,049,000
-177,526,000
-208,765,000
-671,141,000
-2,233,747,000
Financing Activities
Bank loans
Group/Directors Accounts
430,485,000
383,093,000
355,000
342,000
328,000
316,000
304,000
292,000
281,000
270,000
-36,691,000
-68,607,000
97,636,000
-46,985,000
61,396,000
Other Short Term Loans
Long term loans
710,929,000
-251,428,000
121,514,000
659,059,000
63,835,000
34,253,000
47,459,000
53,356,000
49,200,000
-52,023,000
25,698,000
261,280,000
31,762,000
74,894,000
289,997,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000,000,000
892,000,000
560,472,000
-16,549,000
26,000,000
671,141,000
1,930,415,000
interest
-140,022,000
-131,416,000
-121,759,000
-74,264,000
-64,354,000
-61,524,000
-58,025,000
-53,826,000
-49,786,000
-53,883,000
-51,774,000
-46,083,000
-42,315,000
-28,016,000
-24,503,000
cash flow from financing
2,001,392,000
892,249,000
110,000
585,137,000
-191,000
-26,955,000
-10,262,000
560,294,000
-305,000
-122,185,000
-36,767,000
146,590,000
87,083,000
671,034,000
2,257,305,000
cash and cash equivalents
cash
26,353,000
-1,364,000
-377,000
-55,103,000
57,207,000
-740,000
740,000
overdraft
-37,018,000
27,308,000
-39,228,000
700,000
-524,000
9,032,000
9,403,000
30,040,000
-7,303,000
267,000
7,323,000
change in cash
26,353,000
-1,364,000
-377,000
-55,103,000
94,225,000
-27,308,000
39,228,000
-700,000
524,000
-9,032,000
-9,403,000
-30,780,000
8,043,000
-267,000
-7,323,000
launchchange holding company Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for launchchange holding company. Get real-time insights into launchchange holding company's credit score, group structure and payment trends.
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launchchange holding company Ownership
LAUNCHCHANGE HOLDING COMPANY group structure
Launchchange Holding Company has 1 subsidiary company.
The sole shareholder of Launchchange Holding Company is Vrc Holding Corporation.
vrc holding corporation
100%
launchchange holding company directors
Launchchange Holding Company currently has 3 directors.
The longest serving directors include
Mr Frank McFaden (Sep 2008) and
Mr Philip Whitehead (Oct 2012).
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 1996
age
29
incorporated
UK
ultimate parent company
VERALTO CORP
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
unit 4, blythe valley innovation centre,, solihull, west midlands, B90 8AJ
Bank
HSBC BANK PLC
Legal Advisor
-
launchchange holding company Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to launchchange holding company.
launchchange holding company Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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launchchange holding companyCompanies House Filings - See Documents
