adi finance 2 limited
adi finance 2 limited Company Information
Company Number
05723973
Website
https://www.heathrow.comRegistered Address
the compass centre nelson road, hounslow, middlesex, TW6 2GW
Industry
Activities of head offices
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
adi finance 1 ltd 100%
adi finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ADI FINANCE 2 LIMITED at £0 based on a Turnover of £0 and 0.68x industry multiple (adjusted for size and gross margin).
adi finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ADI FINANCE 2 LIMITED at £0 based on an EBITDA of £0 and a 4.56x industry multiple (adjusted for size and gross margin).
adi finance 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ADI FINANCE 2 LIMITED at £15.1b based on Net Assets of £5.6b and 2.68x industry multiple (adjusted for liquidity).
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Adi Finance 2 Limited Overview
Adi Finance 2 Limited is a live company located in middlesex, TW6 2GW with a Companies House number of 05723973. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2006, it's largest shareholder is adi finance 1 ltd with a 100% stake. Adi Finance 2 Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Adi Finance 2 Limited Health Check
Pomanda's financial health check has awarded Adi Finance 2 Limited 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
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Adi Finance 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (121)
- Adi Finance 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
- - Adi Finance 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.8%, this is a lower level of debt than the average (55.6%)
- - Adi Finance 2 Limited
- - Industry AVG
ADI FINANCE 2 LIMITED financials
Adi Finance 2 Limited's latest turnover from December 2023 is 0 and the company has net assets of £5.6 billion. According to their latest financial statements, we estimate that Adi Finance 2 Limited has 1 employee and maintains cash reserves of £1 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358,000,000 | 49,000,000 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -840,000,000 | |||
| Interest Payable | 90,000,000 | 67,000,000 | 55,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 15,000,000 | 31,000,000 | 34,000,000 | 33,000,000 | 31,000,000 | 45,000,000 | 74,000,000 | 73,451,000 | 731,011,000 |
| Interest Receivable | 97,000,000 | 72,000,000 | 55,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,040,000 | 731,012,000 |
| Pre-Tax Profit | 7,000,000 | 5,000,000 | 0 | 100,000,000 | 500,000,000 | 500,000,000 | 832,000,000 | 509,000,000 | 297,000,000 | 757,000,000 | 665,000,000 | 313,000,000 | -25,000,000 | -69,411,000 | -839,999,000 |
| Tax | -5,000,000 | -3,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | 1,000,000 | 4,000,000 | 4,000,000 | 9,000,000 | 8,000,000 | 12,000,000 | 20,000,000 | 19,435,000 | -1,000 |
| Profit After Tax | 2,000,000 | 2,000,000 | -2,000,000 | 98,000,000 | 498,000,000 | 498,000,000 | 833,000,000 | 513,000,000 | 301,000,000 | 766,000,000 | 673,000,000 | 325,000,000 | -5,000,000 | -49,976,000 | -840,000,000 |
| Dividends Paid | 0 | 0 | 0 | 100,000,000 | 500,000,000 | 500,000,000 | 525,000,000 | 325,000,000 | 299,000,000 | 1,075,000,000 | 787,000,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,000,000 | 2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | 308,000,000 | 188,000,000 | 2,000,000 | -309,000,000 | -114,000,000 | 325,000,000 | -5,000,000 | -49,976,000 | -840,000,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Number Of Employees | |||||||||||||||
| EBITDA* | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -840,000,000 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 5,416,000,000 | 4,734,000,000 | 4,734,000,000 | 4,734,000,000 | 4,734,355,000 | 3,824,332,000 |
| Debtors (Due After 1 year) | 302,000,000 | 1,017,000,000 | 1,048,000,000 | 993,000,000 | 248,000,000 | 248,000,000 | 248,000,000 | 248,000,000 | 248,000,000 | 248,000,000 | 258,000,000 | 278,000,000 | 308,000,000 | 557,972,000 | 345,236,000 |
| Total Fixed Assets | 5,718,000,000 | 6,433,000,000 | 6,464,000,000 | 6,409,000,000 | 5,664,000,000 | 5,664,000,000 | 5,664,000,000 | 5,664,000,000 | 5,664,000,000 | 5,664,000,000 | 4,992,000,000 | 5,012,000,000 | 5,042,000,000 | 5,292,327,000 | 4,169,568,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 5,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 51,000,000 | 128,000,000 | 50,000,000 | 46,000,000 | 44,000,000 | 44,000,000 | 33,000,000 | 28,000,000 | 14,000,000 | 0 | 905,983,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 2,000,000 | 5,000,000 | 11,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 15,000,000 | 19,435,000 | 0 |
| Cash | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 0 | 0 | 1,000,000 | 2,000,000 | 0 | 2,000,000 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | 51,000,000 | 129,000,000 | 53,000,000 | 51,000,000 | 55,000,000 | 52,000,000 | 43,000,000 | 35,000,000 | 31,000,000 | 19,435,000 | 905,983,000 |
| total assets | 5,724,000,000 | 6,484,000,000 | 6,515,000,000 | 6,460,000,000 | 5,715,000,000 | 5,793,000,000 | 5,717,000,000 | 5,715,000,000 | 5,719,000,000 | 5,716,000,000 | 5,035,000,000 | 5,047,000,000 | 5,073,000,000 | 5,311,762,000 | 5,075,551,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 2,000,000 | 76,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 6,000,000 | 4,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,000,000 | 26,000,000 | 35,934,000 | 55,983,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,000,000 | 3,000,000 | 2,000,000 | 5,000,000 | 0 | 2,000,000 | 0 | 0 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,000,000 | 9,000,000 | 6,000,000 | 7,000,000 | 2,000,000 | 78,000,000 | 0 | 0 | 0 | 0 | 1,000,000 | 14,000,000 | 26,000,000 | 35,934,000 | 55,983,000 |
| loans | 99,000,000 | 857,000,000 | 893,000,000 | 835,000,000 | 93,000,000 | 93,000,000 | 93,000,000 | 399,000,000 | 591,000,000 | 590,000,000 | 589,000,000 | 474,000,000 | 813,000,000 | 1,036,472,000 | 940,236,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 99,000,000 | 857,000,000 | 893,000,000 | 835,000,000 | 93,000,000 | 93,000,000 | 93,000,000 | 399,000,000 | 591,000,000 | 590,000,000 | 589,000,000 | 474,000,000 | 813,000,000 | 1,036,472,000 | 940,236,000 |
| total liabilities | 104,000,000 | 866,000,000 | 899,000,000 | 842,000,000 | 95,000,000 | 171,000,000 | 93,000,000 | 399,000,000 | 591,000,000 | 590,000,000 | 590,000,000 | 488,000,000 | 839,000,000 | 1,072,406,000 | 996,219,000 |
| net assets | 5,620,000,000 | 5,618,000,000 | 5,616,000,000 | 5,618,000,000 | 5,620,000,000 | 5,622,000,000 | 5,624,000,000 | 5,316,000,000 | 5,128,000,000 | 5,126,000,000 | 4,445,000,000 | 4,559,000,000 | 4,234,000,000 | 4,239,356,000 | 4,079,332,000 |
| total shareholders funds | 5,620,000,000 | 5,618,000,000 | 5,616,000,000 | 5,618,000,000 | 5,620,000,000 | 5,622,000,000 | 5,624,000,000 | 5,316,000,000 | 5,128,000,000 | 5,126,000,000 | 4,445,000,000 | 4,559,000,000 | 4,234,000,000 | 4,239,356,000 | 4,079,332,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -840,000,000 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -5,000,000 | -3,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | 1,000,000 | 4,000,000 | 4,000,000 | 9,000,000 | 8,000,000 | 12,000,000 | 20,000,000 | 19,435,000 | -1,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -760,000,000 | -31,000,000 | 55,000,000 | 744,000,000 | -77,000,000 | 76,000,000 | 1,000,000 | -4,000,000 | 4,000,000 | 0 | -14,000,000 | -24,000,000 | -240,407,000 | -673,812,000 | 1,251,219,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,000,000 | 1,000,000 | -3,000,000 | 5,000,000 | -2,000,000 | 2,000,000 | 0 | 0 | 0 | -1,000,000 | 1,000,000 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 757,000,000 | 29,000,000 | -60,000,000 | -741,000,000 | 73,000,000 | -76,000,000 | 0 | 8,000,000 | 0 | 8,000,000 | 23,000,000 | -2,091,220,000 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 682,000,000 | 0 | 0 | -355,000 | 910,023,000 | 3,824,332,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | -2,000,000 | -74,000,000 | 76,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -6,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | -14,000,000 | -12,000,000 | -9,934,000 | -20,049,000 | 55,983,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -758,000,000 | -36,000,000 | 58,000,000 | 742,000,000 | 0 | 0 | -306,000,000 | -192,000,000 | 1,000,000 | 1,000,000 | 115,000,000 | -339,000,000 | -223,472,000 | 96,236,000 | 940,236,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 7,000,000 | 5,000,000 | 0 | 0 | 0 | -1,000,000 | -15,000,000 | -31,000,000 | -34,000,000 | -33,000,000 | -31,000,000 | -45,000,000 | -74,000,000 | -69,411,000 | 1,000 |
| cash flow from financing | -757,000,000 | -29,000,000 | 60,000,000 | 742,000,000 | -74,000,000 | 75,000,000 | -321,000,000 | -223,000,000 | -33,000,000 | 958,000,000 | 70,000,000 | -396,000,000 | -307,762,000 | 216,776,000 | 5,915,552,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 1,000,000 | -1,000,000 | 0 | 1,000,000 | 0 | -1,000,000 | -1,000,000 | 2,000,000 | -2,000,000 | 2,000,000 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 1,000,000 | -1,000,000 | 0 | 1,000,000 | 0 | -1,000,000 | -1,000,000 | 2,000,000 | -2,000,000 | 2,000,000 | 0 | 0 |
adi finance 2 limited Credit Report and Business Information
Adi Finance 2 Limited Competitor Analysis
Perform a competitor analysis for adi finance 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other established companies, companies in TW6 area or any other competitors across 12 key performance metrics.
adi finance 2 limited Ownership
ADI FINANCE 2 LIMITED group structure
Adi Finance 2 Limited has 1 subsidiary company.
Ultimate parent company
2 parents
ADI FINANCE 2 LIMITED
05723973
1 subsidiary
adi finance 2 limited directors
Adi Finance 2 Limited currently has 16 directors. The longest serving directors include Ghislain Gauthier (Feb 2006) and Mr Luis Sanchez Salmeron (Apr 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ghislain Gauthier | Canada | 71 years | Feb 2006 | - | Director |
| Mr Luis Sanchez Salmeron | 62 years | Apr 2006 | - | Director | |
| Mr Inigo Meiras | 61 years | Dec 2012 | - | Director | |
| Mr Olivier Fortin | United Kingdom | 50 years | Sep 2014 | - | Director |
| Mr Deven Karnik | United Kingdom | 57 years | Sep 2014 | - | Director |
| Mr Michael Powell | United Kingdom | 51 years | Nov 2014 | - | Director |
| Mr David Xie | United Kingdom | 46 years | Sep 2015 | - | Director |
| Mr Ahmed Al-Hammadi | England | 43 years | Feb 2018 | - | Director |
| Mr Luke Bugeja | England | 56 years | Jun 2021 | - | Director |
| Mrs Mary Hogan | England | 33 years | Jul 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.6b
0%
total assets
5.7b
-0.12%
cash
1m
0%
net assets
Total assets minus all liabilities
adi finance 2 limited company details
company number
05723973
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
February 2006
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
fgp holdco 2 limited (April 2006)
fgp bidco limited (March 2006)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
the compass centre nelson road, hounslow, middlesex, TW6 2GW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
adi finance 2 limited 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 found 4 charges/mortgages relating to adi finance 2 limited. Currently there are 2 open charges and 2 have been satisfied in the past.
adi finance 2 limited Companies House Filings - See Documents
| date | description | view/download |
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