damoco bidco limited
damoco bidco limited Company Information
Company Number
09317188
Next Accounts
156 days late
Shareholders
damoco midco limited
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
bdo llp, first floor north, bottle works, guildford, surrey, GU1 4LP
Website
-damoco bidco limited Estimated Valuation
Pomanda estimates the enterprise value of DAMOCO BIDCO LIMITED at £3.1m based on a Turnover of £3.7m and 0.85x industry multiple (adjusted for size and gross margin).
damoco bidco limited Estimated Valuation
Pomanda estimates the enterprise value of DAMOCO BIDCO LIMITED at £0 based on an EBITDA of £-1.3m and a 3.57x industry multiple (adjusted for size and gross margin).
damoco bidco limited Estimated Valuation
Pomanda estimates the enterprise value of DAMOCO BIDCO LIMITED at £0 based on Net Assets of £-17.8m and 2.41x industry multiple (adjusted for liquidity).
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Damoco Bidco Limited Overview
Damoco Bidco Limited is a live company located in guildford, GU1 4LP with a Companies House number of 09317188. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2014, it's largest shareholder is damoco midco limited with a 100% stake. Damoco Bidco Limited is a established, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.
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Damoco Bidco Limited Health Check
Pomanda's financial health check has awarded Damoco Bidco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£12.1m)
£3.7m - Damoco Bidco Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (3.6%)
33% - Damoco Bidco Limited
3.6% - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
38.6% - Damoco Bidco Limited
38.6% - Industry AVG
Profitability
an operating margin of -37.2% make it less profitable than the average company (5%)
-37.2% - Damoco Bidco Limited
5% - Industry AVG
Employees
with 9 employees, this is below the industry average (49)
9 - Damoco Bidco Limited
49 - Industry AVG
Pay Structure
on an average salary of £268.1k, the company has a higher pay structure (£61.1k)
£268.1k - Damoco Bidco Limited
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £411.5k, this is more efficient (£222.3k)
£411.5k - Damoco Bidco Limited
£222.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Damoco Bidco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (44 days)
16 days - Damoco Bidco Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Damoco Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Damoco Bidco Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.6%, this is a higher level of debt than the average (65.7%)
134.6% - Damoco Bidco Limited
65.7% - Industry AVG
DAMOCO BIDCO LIMITED financials
Damoco Bidco Limited's latest turnover from January 2023 is £3.7 million and the company has net assets of -£17.8 million. According to their latest financial statements, Damoco Bidco Limited has 9 employees and maintains cash reserves of £239.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,703,528 | 2,913,895 | 1,628,788 | 1,588,981 | 1,612,789 | 1,599,467 | 1,799,320 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | 1,628,788 | 1,588,981 | 1,612,789 | 1,599,467 | 1,799,320 | ||
| Admin Expenses | 2,904,614 | 2,272,612 | 1,892,540 | 1,872,114 | 3,688,964 | ||
| Operating Profit | -1,376,487 | -3,223,575 | -1,275,826 | -683,631 | -279,751 | -272,647 | -1,889,644 |
| Interest Payable | 1,622,243 | 2,395,553 | 1,985,193 | 1,909,801 | 2,594,139 | 2,630,551 | 1,711,679 |
| Interest Receivable | 355,386 | 700,557 | 295,282 | 166,288 | 134,991 | 125,222 | |
| Pre-Tax Profit | -2,643,342 | -4,918,570 | -2,965,737 | -2,427,144 | -2,738,899 | -2,777,975 | -3,601,324 |
| Tax | |||||||
| Profit After Tax | -2,643,342 | -4,918,570 | -2,965,737 | -2,427,144 | -2,738,899 | -2,777,975 | -3,601,324 |
| Dividends Paid | |||||||
| Retained Profit | -2,643,342 | -4,918,570 | -2,965,737 | -2,427,144 | -2,738,899 | -2,777,975 | -3,601,324 |
| Employee Costs | 2,413,300 | 1,473,898 | 1,636,536 | 963,299 | 934,281 | 850,799 | 1,005,187 |
| Number Of Employees | 9 | 7 | 4 | 4 | 6 | 5 | 4 |
| EBITDA* | -1,332,750 | -3,187,847 | -1,158,747 | -536,660 | -124,334 | -132,328 | -1,825,255 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,375 | 19,338 | 21,813,877 | 10,917 | 21,533,748 | 21,516,874 | 21,666,965 |
| Intangible Assets | 30,618 | 39,256 | 39,601 | 115,058 | 421,847 | 558,615 | 579,503 |
| Investments & Other | 20,985,845 | 20,985,845 | 21,806,990 | 21,272,361 | 21,533,747 | 21,515,985 | 21,666,070 |
| Debtors (Due After 1 year) | 9,421,631 | ||||||
| Total Fixed Assets | 30,455,470 | 21,044,439 | 21,853,477 | 21,398,337 | 21,955,595 | 22,075,488 | 22,246,467 |
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | 20,098,351 | 19,869,323 | 17,147,899 | 12,675,736 | 11,832,149 | 10,936,056 | 7,020,211 |
| Misc Debtors | 616,686 | 508,076 | 338,326 | 238,515 | 16,873 | 45,293 | 40,243 |
| Cash | 239,308 | 168,732 | 22,676 | 746,891 | 834,813 | 3,508,316 | |
| misc current assets | |||||||
| total current assets | 20,954,345 | 20,377,400 | 17,654,959 | 12,936,928 | 12,595,915 | 11,816,163 | 10,568,771 |
| total assets | 51,409,815 | 41,421,840 | 39,508,436 | 34,335,265 | 34,551,510 | 33,891,651 | 32,815,238 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 100,287 | 618,688 | 16,357 | 10,078 | 123,446 | ||
| Group/Directors Accounts | 34,415,310 | 53,836,241 | 20,302,343 | 1 | 1 | ||
| other short term finances | 1,031 | 4,137 | 4,199 | 888,099 | 909,413 | ||
| hp & lease commitments | 4,304 | ||||||
| other current liabilities | 1,627,263 | 1,881,684 | 49,666,836 | 1,156,462 | 18,566,606 | 17,781,526 | 6,118,761 |
| total current liabilities | 36,143,892 | 56,340,751 | 49,687,500 | 21,473,083 | 19,454,707 | 18,814,387 | 6,118,762 |
| loans | 33,048,632 | 5,164 | 19,901,738 | 13,321,492 | 11,545,292 | ||
| hp & lease commitments | 3,109 | 3,109 | 2,582 | ||||
| Accruals and Deferred Income | |||||||
| other liabilities | 17,453,818 | 15,583,481 | 30,221,785 | ||||
| provisions | 220,455 | ||||||
| total long term liabilities | 33,051,742 | 223,565 | 2,582 | 19,901,738 | 24,114,564 | 21,356,127 | 30,221,785 |
| total liabilities | 69,195,634 | 56,564,317 | 49,690,082 | 41,374,822 | 43,569,271 | 40,170,514 | 36,340,547 |
| net assets | -17,785,819 | -15,142,477 | -10,181,646 | -7,039,557 | -9,017,761 | -6,278,863 | -3,525,309 |
| total shareholders funds | -17,785,819 | -15,142,477 | -10,181,646 | -7,039,557 | -9,017,762 | -6,278,863 | -3,525,309 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -1,376,487 | -3,223,575 | -1,275,826 | -683,631 | -279,751 | -272,647 | -1,889,644 |
| Depreciation | 10,070 | 7,853 | 4,304 | 840 | 888 | ||
| Amortisation | 33,667 | 27,875 | 112,775 | 146,132 | 154,529 | 140,319 | 64,389 |
| Tax | |||||||
| Stock | |||||||
| Debtors | 9,759,268 | 2,891,175 | 4,571,973 | 12,914,252 | 867,674 | 3,920,895 | 7,060,454 |
| Creditors | -518,401 | 602,331 | 6,279 | 10,078 | -123,446 | 123,446 | |
| Accruals and Deferred Income | -254,421 | -47,785,152 | 48,510,374 | 1,156,462 | 785,080 | 11,662,765 | 6,118,761 |
| Deferred Taxes & Provisions | -220,455 | 220,455 | |||||
| Cash flow from operations | -12,085,295 | -53,041,388 | 42,785,933 | -12,284,371 | -330,374 | 7,732,988 | -2,766,948 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -821,145 | 534,629 | 21,272,361 | 17,762 | -150,085 | 21,666,070 | |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -19,420,931 | 53,836,241 | -20,302,343 | 20,302,343 | 1 | ||
| Other Short Term Loans | -3,106 | 4,137 | -4,199 | 4,199 | -21,314 | 909,413 | |
| Long term loans | 33,048,632 | -5,164 | -19,896,574 | 19,901,738 | 1,776,200 | 11,545,292 | |
| Hire Purchase and Lease Commitments | -3,777 | 6,886 | |||||
| other long term liabilities | 1,870,337 | -14,638,304 | 30,221,785 | ||||
| share issue | |||||||
| interest | -1,266,857 | -1,694,996 | -1,689,911 | -1,743,513 | -2,459,148 | -2,505,329 | -1,711,679 |
| cash flow from financing | 12,357,738 | 52,094,180 | -42,062,493 | 33,852,354 | 1,166,075 | -4,664,507 | 28,586,121 |
| cash and cash equivalents | |||||||
| cash | 239,308 | -168,732 | 146,056 | 22,676 | -87,922 | -2,673,503 | 3,508,316 |
| overdraft | |||||||
| change in cash | 239,308 | -168,732 | 146,056 | 22,676 | -87,922 | -2,673,503 | 3,508,316 |
damoco bidco limited Credit Report and Business Information
Damoco Bidco Limited Competitor Analysis
Perform a competitor analysis for damoco bidco limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GU1 area or any other competitors across 12 key performance metrics.
damoco bidco limited Ownership
DAMOCO BIDCO LIMITED group structure
Damoco Bidco Limited has no subsidiary companies.
Ultimate parent company
DAMOVO US HOLDCO LLC
#0173108
2 parents
DAMOCO BIDCO LIMITED
09317188
damoco bidco limited directors
Damoco Bidco Limited currently has 7 directors. The longest serving directors include Ms Christa Miller (Jul 2019) and Mr Christopher Herwig (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Christa Miller | United Kingdom | 56 years | Jul 2019 | - | Director |
| Mr Christopher Herwig | United Kingdom | 46 years | Jul 2019 | - | Director |
| Mr Eric Bostic | England | 35 years | Jul 2019 | - | Director |
| Mr Marc Greenspan | 56 years | Aug 2020 | - | Director | |
| Mr Michael Workman | England | 68 years | Oct 2022 | - | Director |
| Mr Walter Jones Iii | United Kingdom | 71 years | Oct 2022 | - | Director |
| Chris Nickerson | United Kingdom | 45 years | Oct 2022 | - | Director |
P&L
January 2023turnover
3.7m
+27%
operating profit
-1.4m
-57%
gross margin
38.7%
+3.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-17.8m
+0.17%
total assets
51.4m
+0.24%
cash
239.3k
0%
net assets
Total assets minus all liabilities
damoco bidco limited company details
company number
09317188
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON IRELAND
address
bdo llp, first floor north, bottle works, guildford, surrey, GU1 4LP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
damoco 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 10 charges/mortgages relating to damoco bidco limited. Currently there are 3 open charges and 7 have been satisfied in the past.
damoco 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.
Click to start generating capital raising & share issue transactions for DAMOCO BIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
damoco bidco limited Companies House Filings - See Documents
| date | description | view/download |
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