glide bidco limited
glide bidco limited Company Information
Company Number
08731763
Next Accounts
Oct 2025
Shareholders
cablecom topco ltd
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
+3Registered Address
glide house, ground floor, building 4, clevedon, BS21 6UJ
Website
www.cablecomnetworking.co.ukglide bidco limited Estimated Valuation
Pomanda estimates the enterprise value of GLIDE BIDCO LIMITED at £0 based on a Turnover of £0 and 0.89x industry multiple (adjusted for size and gross margin).
glide bidco limited Estimated Valuation
Pomanda estimates the enterprise value of GLIDE BIDCO LIMITED at £18.5k based on an EBITDA of £5k and a 3.7x industry multiple (adjusted for size and gross margin).
glide bidco limited Estimated Valuation
Pomanda estimates the enterprise value of GLIDE BIDCO LIMITED at £0 based on Net Assets of £-81.7m and 2.27x industry multiple (adjusted for liquidity).
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Glide Bidco Limited Overview
Glide Bidco Limited is a live company located in clevedon, BS21 6UJ with a Companies House number of 08731763. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2013, it's largest shareholder is cablecom topco ltd with a 100% stake. Glide Bidco Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Glide Bidco Limited Health Check
Pomanda's financial health check has awarded Glide Bidco Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (8.7%)
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Glide Bidco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Glide Bidco Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (51)
- Glide Bidco Limited
- - Industry AVG
Pay Structure
on an average salary of £53.1k, the company has an equivalent pay structure (£53.1k)
- Glide Bidco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Glide Bidco Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Glide Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Glide Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glide Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (13 weeks)
- - Glide Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3233.6%, this is a higher level of debt than the average (68.7%)
- - Glide Bidco Limited
- - Industry AVG
GLIDE BIDCO LIMITED financials
Glide Bidco Limited's latest turnover from January 2024 is 0 and the company has net assets of -£81.7 million. According to their latest financial statements, we estimate that Glide Bidco Limited has 1 employee and maintains cash reserves of £2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 193,000 | 570,000 | 524,000 | 148,000 | 598,000 | 27,567,000 | 17,529,000 | 17,926,419 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | 12,492,000 | 6,101,000 | 7,451,276 | ||||||
| Gross Profit | 0 | 0 | 15,075,000 | 11,428,000 | 10,475,143 | ||||||
| Admin Expenses | -5,000 | 0 | 15,320,000 | 12,059,000 | 14,746,456 | ||||||
| Operating Profit | 5,000 | -5,000 | 0 | -37,707,000 | -269,000 | -55,000 | -48,000 | -268,000 | -245,000 | -631,000 | -4,271,313 |
| Interest Payable | 0 | 0 | 0 | 2,893,000 | 8,166,000 | 7,358,000 | 1,785,000 | 7,007,000 | 6,798,000 | 5,933,000 | 6,794,565 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 5,000 | -5,000 | 0 | -40,600,000 | -8,435,000 | -7,413,000 | -1,833,000 | -7,275,000 | -7,043,000 | -6,564,000 | -11,065,878 |
| Tax | 0 | 0 | 0 | 2,525,000 | 0 | 0 | 0 | 0 | 18,000 | 2,000 | 149,715 |
| Profit After Tax | 5,000 | -5,000 | 0 | -38,075,000 | -8,435,000 | -7,413,000 | -1,833,000 | -7,275,000 | -7,025,000 | -6,562,000 | -10,916,163 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,000 | -5,000 | 0 | -38,075,000 | -8,435,000 | -7,413,000 | -1,833,000 | -7,275,000 | -7,025,000 | -6,562,000 | -10,916,163 |
| Employee Costs | 0 | 5,947,000 | 4,489,000 | 2,912,858 | |||||||
| Number Of Employees | 2 | 188 | 104 | 83 | |||||||
| EBITDA* | 5,000 | -5,000 | 0 | -37,707,000 | -269,000 | -55,000 | -48,000 | -268,000 | 6,846,000 | 5,670,000 | 1,087,590 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,682,000 | 11,492,000 | 10,938,363 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,097,000 | 39,803,000 | 42,199,063 |
| Investments & Other | 0 | 0 | 0 | 0 | 37,630,000 | 37,786,000 | 37,786,000 | 37,786,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 2,604,000 | 2,604,000 | 2,565,000 | 2,609,000 | 79,000 | 13,205,000 | 13,893,000 | 8,875,000 | 0 | 0 | 0 |
| Total Fixed Assets | 2,604,000 | 2,604,000 | 2,565,000 | 2,609,000 | 37,709,000 | 50,991,000 | 51,679,000 | 46,661,000 | 64,779,000 | 51,295,000 | 53,137,426 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 886,000 | 434,000 | 409,589 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,684,000 | 2,041,000 | 4,604,659 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 0 | 0 | 4,221,000 | 3,132,601 |
| Cash | 2,000 | 2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 3,967,000 | 1,881,000 | 1,772,601 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,000 | 2,000 | 2,000 | 0 | 1,000 | 1,000 | 1,000 | 0 | 15,537,000 | 8,577,000 | 9,919,450 |
| total assets | 2,606,000 | 2,606,000 | 2,567,000 | 2,609,000 | 37,710,000 | 50,992,000 | 51,680,000 | 46,661,000 | 80,316,000 | 59,872,000 | 63,056,876 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 48,000 | 47,000 | 39,000 | 0 | 6,384,000 | 3,204,000 | 4,439,575 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 313,000 | 426,000 | 584,000 | 488,000 | 208,000 | 312,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 14,000 | 0 |
| other current liabilities | 2,000 | 8,000 | 3,000 | 1,000 | 9,000 | 160,000 | 75,000 | 61,000 | 12,162,000 | 5,333,000 | 5,590,031 |
| total current liabilities | 2,000 | 8,000 | 3,000 | 1,000 | 370,000 | 633,000 | 698,000 | 549,000 | 20,774,000 | 8,863,000 | 10,029,606 |
| loans | 84,265,000 | 84,264,000 | 84,225,000 | 84,269,000 | 80,926,000 | 85,354,000 | 78,564,000 | 71,861,000 | 84,031,000 | 67,159,000 | 60,100,682 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 601,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 156,000 | 156,000 | 156,000 | 0 | 0 | 119,181 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 1,288,000 | 3,122,516 |
| total long term liabilities | 84,265,000 | 84,264,000 | 84,225,000 | 84,269,000 | 80,926,000 | 85,510,000 | 78,720,000 | 72,017,000 | 84,046,000 | 68,488,000 | 63,943,379 |
| total liabilities | 84,267,000 | 84,272,000 | 84,228,000 | 84,270,000 | 81,296,000 | 86,143,000 | 79,418,000 | 72,566,000 | 104,820,000 | 77,351,000 | 73,972,985 |
| net assets | -81,661,000 | -81,666,000 | -81,661,000 | -81,661,000 | -43,586,000 | -35,151,000 | -27,738,000 | -25,905,000 | -24,504,000 | -17,479,000 | -10,916,109 |
| total shareholders funds | -81,661,000 | -81,666,000 | -81,661,000 | -81,661,000 | -43,586,000 | -35,151,000 | -27,738,000 | -25,905,000 | -24,504,000 | -17,479,000 | -10,916,109 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 5,000 | -5,000 | 0 | -37,707,000 | -269,000 | -55,000 | -48,000 | -268,000 | -245,000 | -631,000 | -4,271,313 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,391,000 | 3,985,000 | 2,999,007 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,700,000 | 2,316,000 | 2,359,896 | |
| Tax | 0 | 0 | 0 | 2,525,000 | 0 | 0 | 0 | 0 | 18,000 | 2,000 | 149,715 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -886,000 | 452,000 | 24,411 | 409,589 |
| Debtors | 0 | 39,000 | -44,000 | 2,529,000 | -13,126,000 | -688,000 | 5,019,000 | -1,809,000 | 4,422,000 | -1,475,260 | 7,737,260 |
| Creditors | 0 | 0 | 0 | -48,000 | 1,000 | 8,000 | 39,000 | -6,384,000 | 3,180,000 | -1,235,575 | 4,439,575 |
| Accruals and Deferred Income | -6,000 | 5,000 | 2,000 | -8,000 | -307,000 | 85,000 | 14,000 | -11,945,000 | 6,829,000 | -376,212 | 5,709,212 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | -1,273,000 | -1,834,516 | 3,122,516 |
| Cash flow from operations | -1,000 | -39,000 | 46,000 | -37,767,000 | 12,551,000 | 726,000 | -5,014,000 | 10,726,000 | 3,676,546 | 6,361,759 | |
| Investing Activities | |||||||||||
| capital expenditure | -10,134,000 | -4,935,000 | -5,973,850 | ||||||||
| Change in Investments | 0 | 0 | 0 | -37,630,000 | -156,000 | 0 | 0 | 37,786,000 | 0 | 0 | 0 |
| cash flow from investments | -10,134,000 | -4,935,000 | -5,973,850 | ||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -313,000 | -113,000 | -158,000 | 96,000 | 280,000 | -104,000 | 312,000 | 0 |
| Long term loans | 1,000 | 39,000 | -44,000 | 3,343,000 | -4,428,000 | 6,790,000 | 6,703,000 | -12,170,000 | 16,872,000 | 7,058,318 | 60,100,682 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | -4,000 | -577,000 | 601,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,000 | 31,000 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | -2,893,000 | -8,166,000 | -7,358,000 | -1,785,000 | -7,007,000 | -6,798,000 | -5,933,000 | -6,794,565 |
| cash flow from financing | 1,000 | 39,000 | -44,000 | 137,000 | -12,707,000 | -726,000 | 5,014,000 | -13,043,000 | 9,935,000 | 890,427 | 53,907,171 |
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | -3,967,000 | 2,086,000 | 108,399 | 1,772,601 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,000,000 | 2,000,000 | 0 | 0 |
| change in cash | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | -1,967,000 | 86,000 | 108,399 | 1,772,601 |
glide bidco limited Credit Report and Business Information
Glide Bidco Limited Competitor Analysis
Perform a competitor analysis for glide bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in BS21 area or any other competitors across 12 key performance metrics.
glide bidco limited Ownership
GLIDE BIDCO LIMITED group structure
Glide Bidco Limited has 1 subsidiary company.
Ultimate parent company
PROJECT HAWK TOPCO LTD
#0137408
2 parents
GLIDE BIDCO LIMITED
08731763
1 subsidiary
glide bidco limited directors
Glide Bidco Limited currently has 2 directors. The longest serving directors include Mr Timothy Pilcher (Feb 2015) and Mrs Paula Benoit (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Pilcher | United Kingdom | 55 years | Feb 2015 | - | Director |
| Mrs Paula Benoit | United Kingdom | 54 years | Jul 2023 | - | Director |
P&L
January 2024turnover
0
0%
operating profit
5k
-200%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-81.7m
0%
total assets
2.6m
0%
cash
2k
0%
net assets
Total assets minus all liabilities
Similar Companies
glide bidco limited company details
company number
08731763
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
61100 - Wired telecommunications activities
61200 - Wireless telecommunications activities
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
January 2024
previous names
cablecom bidco limited (November 2018)
accountant
-
auditor
-
address
glide house, ground floor, building 4, clevedon, BS21 6UJ
Bank
-
Legal Advisor
-
glide bidco 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 5 charges/mortgages relating to glide bidco limited. Currently there are 1 open charges and 4 have been satisfied in the past.
glide bidco limited 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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glide bidco limited Companies House Filings - See Documents
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