lock midco 1 limited

NR

lock midco 1 limited Company Information

Share LOCK MIDCO 1 LIMITED
Live 
Established

Company Number

09175994

Registered Address

1st & 2nd floors, wenlock works, 1a shepherdess walk, london, N1 7QE

Industry

Non-trading company

 

Telephone

02035953800

Next Accounts Due

December 2024

Group Structure

View All

Directors

Michael Winn4 Years

Elizabeth Deeming1 Years

Shareholders

lock topco limited 100%

lock midco 1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LOCK MIDCO 1 LIMITED at £0 based on a Turnover of £0 and 0.48x industry multiple (adjusted for size and gross margin).

lock midco 1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LOCK MIDCO 1 LIMITED at £0 based on an EBITDA of £-30k and a 3.92x industry multiple (adjusted for size and gross margin).

lock midco 1 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LOCK MIDCO 1 LIMITED at £0 based on Net Assets of £-61.9m and 2.16x industry multiple (adjusted for liquidity).

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Lock Midco 1 Limited Overview

Lock Midco 1 Limited is a live company located in london, N1 7QE with a Companies House number of 09175994. It operates in the non-trading company sector, SIC Code 74990. Founded in August 2014, it's largest shareholder is lock topco limited with a 100% stake. Lock Midco 1 Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Lock Midco 1 Limited Health Check

There is insufficient data available to calculate a health check for Lock Midco 1 Limited. Company Health Check FAQs

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (34)

- - Lock Midco 1 Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

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cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Lock Midco 1 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2604.9%, this is a higher level of debt than the average (41.3%)

- - Lock Midco 1 Limited

- - Industry AVG

LOCK MIDCO 1 LIMITED financials

EXPORTms excel logo

Lock Midco 1 Limited's latest turnover from March 2023 is 0 and the company has net assets of -£61.9 million. According to their latest financial statements, we estimate that Lock Midco 1 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover000000000
Other Income Or Grants000000000
Cost Of Sales000000000
Gross Profit000000000
Admin Expenses30,00016,000-3,0004,602,9023,406,3013,515,64200-1,187
Operating Profit-30,000-16,0003,000-4,602,902-3,406,301-3,515,642001,187
Interest Payable4,567,0005,017,00010,640,00010,736,0009,485,0008,521,0007,716,0006,935,000766
Interest Receivable000000000
Pre-Tax Profit-4,597,000-5,033,000-10,637,000-10,749,000-9,491,000-8,528,000-7,716,000-6,935,000-766
Tax909,000-622,000253,000350,000350,00072,000475,000453,00092
Profit After Tax-3,688,000-5,655,000-10,384,000-10,399,000-9,141,000-8,456,000-7,241,000-6,482,000-674
Dividends Paid000000000
Retained Profit-3,688,000-5,655,000-10,384,000-10,399,000-9,141,000-8,456,000-7,241,000-6,482,000-674
Employee Costs000033,96932,7700031,894
Number Of Employees111111111
EBITDA*-30,000-16,0003,000-4,602,902-3,406,301-3,515,642001,187

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets000000000
Intangible Assets000000000
Investments & Other139,000139,000139,000139,000139,000139,000139,000139,000139
Debtors (Due After 1 year)000000000
Total Fixed Assets139,000139,000139,000139,000139,000139,000139,000139,000139
Stock & work in progress000000000
Trade Debtors000000000
Group Debtors2,0002,00014,478,00056,843,00056,843,00056,843,00056,843,00056,842,00056,841
Misc Debtors2,332,0001,423,0002,045,0001,792,0001,442,0001,092,0001,020,000545,00092
Cash000000000
misc current assets000000000
total current assets2,334,0001,425,00016,523,00058,635,00058,285,00057,935,00057,863,00057,387,00056,933
total assets2,473,0001,564,00016,662,00058,774,00058,424,00058,074,00058,002,00057,526,00057,072
Bank overdraft000000000
Bank loan000000000
Trade Creditors 000000000
Group/Directors Accounts20,556,00020,499,000677,000632,000567,000511,000454,000349,000321
other short term finances039,322,0000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities20,556,00059,821,000677,000632,000567,000511,000454,000349,000321
loans43,862,000068,587,000100,360,00089,676,00080,241,00071,770,00064,158,00057,250
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities43,862,000068,587,000100,360,00089,676,00080,241,00071,770,00064,158,00057,250
total liabilities64,418,00059,821,00069,264,000100,992,00090,243,00080,752,00072,224,00064,507,00057,571
net assets-61,945,000-58,257,000-52,602,000-42,218,000-31,819,000-22,678,000-14,222,000-6,981,000-499
total shareholders funds-61,945,000-58,257,000-52,602,000-42,218,000-31,819,000-22,678,000-14,222,000-6,981,000-499
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-30,000-16,0003,000-4,602,902-3,406,301-3,515,642001,187
Depreciation000000000
Amortisation000000000
Tax909,000-622,000253,000350,000350,00072,000475,000453,00092
Stock000000000
Debtors909,000-15,098,000-42,112,000350,000350,00072,000476,00057,330,06756,933
Creditors000000000
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations-30,00014,460,00042,368,000-4,602,902-3,406,301-3,515,642-1,000-56,877,067-55,654
Investing Activities
capital expenditure000000000
Change in Investments0000000138,861139
cash flow from investments0000000-138,861-139
Financing Activities
Bank loans000000000
Group/Directors Accounts57,00019,822,00045,00065,00056,00057,000105,000348,679321
Other Short Term Loans -39,322,00039,322,0000000000
Long term loans43,862,000-68,587,000-31,773,00010,684,0009,435,0008,471,0007,612,00064,100,75057,250
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue0000000-498,501175
interest-4,567,000-5,017,000-10,640,000-10,736,000-9,485,000-8,521,000-7,716,000-6,935,000-766
cash flow from financing30,000-14,460,000-42,368,00013,0006,0007,0001,00057,015,92856,980
cash and cash equivalents
cash000000000
overdraft000000000
change in cash000000000

lock midco 1 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Lock Midco 1 Limited Competitor Analysis

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Perform a competitor analysis for lock midco 1 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other established companies, companies in N 1 area or any other competitors across 12 key performance metrics.

lock midco 1 limited Ownership

LOCK MIDCO 1 LIMITED group structure

Lock Midco 1 Limited has 1 subsidiary company.

Ultimate parent company

1 parent

LOCK MIDCO 1 LIMITED

09175994

1 subsidiary

LOCK MIDCO 1 LIMITED Shareholders

lock topco limited 100%

lock midco 1 limited directors

Lock Midco 1 Limited currently has 2 directors. The longest serving directors include Mr Michael Winn (Nov 2020) and Miss Elizabeth Deeming (Jun 2023).

officercountryagestartendrole
Mr Michael WinnEngland45 years Nov 2020- Director
Miss Elizabeth DeemingEngland47 years Jun 2023- Director

P&L

March 2023

turnover

0

0%

operating profit

-30k

+88%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-61.9m

+0.06%

total assets

2.5m

+0.58%

cash

0

0%

net assets

Total assets minus all liabilities

lock midco 1 limited company details

company number

09175994

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

August 2014

age

10

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2023

previous names

de facto 2137 limited (December 2014)

accountant

-

auditor

KPMG LLP

address

1st & 2nd floors, wenlock works, 1a shepherdess walk, london, N1 7QE

Bank

-

Legal Advisor

-

lock midco 1 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 did not find charges/mortgages relating to lock midco 1 limited.

charges

lock midco 1 limited Companies House Filings - See Documents

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