lock midco 1 limited Company Information
Company Number
09175994
Website
http://mvfglobal.comRegistered 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
Shareholders
lock topco limited 100%
lock midco 1 limited Estimated Valuation
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
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
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
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Lock Midco 1 Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lock Midco 1 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Lock Midco 1 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Lock Midco 1 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
- Lock Midco 1 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Lock Midco 1 Limited
- - 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!
- - Lock Midco 1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lock Midco 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lock Midco 1 Limited
- - Industry AVG
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
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 House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Income Or Grants | 0 | 0 | |||||||
Cost Of Sales | 0 | 0 | |||||||
Gross Profit | 0 | 0 | |||||||
Admin Expenses | 0 | 0 | |||||||
Operating Profit | -30,000 | -16,000 | 3,000 | 0 | 0 | ||||
Interest Payable | 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 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 |
Tax | 909,000 | -622,000 | 253,000 | 350,000 | 350,000 | 72,000 | 475,000 | 453,000 | 92 |
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 Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 Costs | 0 | 0 | 0 | 0 | 0 | 0 | |||
Number Of Employees | |||||||||
EBITDA* | -30,000 | -16,000 | 3,000 | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139,000 | 139 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 2,000 | 2,000 | 14,478,000 | 56,843,000 | 56,843,000 | 56,843,000 | 56,843,000 | 56,842,000 | 56,841 |
Misc Debtors | 2,332,000 | 1,423,000 | 2,045,000 | 1,792,000 | 1,442,000 | 1,092,000 | 1,020,000 | 545,000 | 92 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,334,000 | 1,425,000 | 16,523,000 | 58,635,000 | 58,285,000 | 57,935,000 | 57,863,000 | 57,387,000 | 56,933 |
total assets | 2,473,000 | 1,564,000 | 16,662,000 | 58,774,000 | 58,424,000 | 58,074,000 | 58,002,000 | 57,526,000 | 57,072 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 20,556,000 | 20,499,000 | 677,000 | 632,000 | 567,000 | 511,000 | 454,000 | 349,000 | 321 |
other short term finances | 0 | 39,322,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 20,556,000 | 59,821,000 | 677,000 | 632,000 | 567,000 | 511,000 | 454,000 | 349,000 | 321 |
loans | 43,862,000 | 0 | 68,587,000 | 100,360,000 | 89,676,000 | 80,241,000 | 71,770,000 | 64,158,000 | 57,250 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 43,862,000 | 0 | 68,587,000 | 100,360,000 | 89,676,000 | 80,241,000 | 71,770,000 | 64,158,000 | 57,250 |
total liabilities | 64,418,000 | 59,821,000 | 69,264,000 | 100,992,000 | 90,243,000 | 80,752,000 | 72,224,000 | 64,507,000 | 57,571 |
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 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | -30,000 | -16,000 | 3,000 | 0 | 0 | ||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 909,000 | -622,000 | 253,000 | 350,000 | 350,000 | 72,000 | 475,000 | 453,000 | 92 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 909,000 | -15,098,000 | -42,112,000 | 350,000 | 350,000 | 72,000 | 476,000 | 57,330,067 | 56,933 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -30,000 | 14,460,000 | 42,368,000 | -1,000 | -56,877,067 | ||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138,861 | 139 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 57,000 | 19,822,000 | 45,000 | 65,000 | 56,000 | 57,000 | 105,000 | 348,679 | 321 |
Other Short Term Loans | -39,322,000 | 39,322,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 43,862,000 | -68,587,000 | -31,773,000 | 10,684,000 | 9,435,000 | 8,471,000 | 7,612,000 | 64,100,750 | 57,250 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
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 financing | 30,000 | -14,460,000 | -42,368,000 | 13,000 | 6,000 | 7,000 | 1,000 | 57,015,928 | 56,980 |
cash and cash equivalents | |||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
lock midco 1 limited Credit Report and Business Information
Lock Midco 1 Limited Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Winn | England | 45 years | Nov 2020 | - | Director |
Miss Elizabeth Deeming | England | 47 years | Jun 2023 | - | Director |
P&L
March 2023turnover
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 2023net 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.
lock midco 1 limited Companies House Filings - See Documents
date | description | view/download |
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