Pomanda estimates the enterprise value of SSP MIDCO 2 LIMITED at £0 based on a Turnover of £0 and 0.65x industry multiple (adjusted for size and gross margin).
ssp midco 2 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SSP MIDCO 2 LIMITED at £0 based on an EBITDA of £-223k and a 4.17x industry multiple (adjusted for size and gross margin).
ssp midco 2 limitedEstimated Valuation
£272.2m
Pomanda estimates the enterprise value of SSP MIDCO 2 LIMITED at £272.2m based on Net Assets of £125.5m and 2.17x industry multiple (adjusted for liquidity).
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Ssp Midco 2 LimitedOverview
Ssp Midco 2 Limited is a live company located in halifax, HX3 5AX with a Companies House number of 09346040. It operates in the other information technology service activities sector, SIC Code 62090. Founded in December 2014, it's largest shareholder is
volaris group uk holdco ltd
with a 100% stake. Ssp Midco 2 Limited is a established,
unknown sized company, Pomanda has estimated its turnover at
£0 with
declining
growth in recent years.
Pomanda's financial health check has awarded Ssp Midco 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
Health Rating1out of 5
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (8%)
- - Ssp Midco 2 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (44)
- - Ssp Midco 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ssp Midco 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.5%, this is a lower level of debt than the average (64.2%)
- - Ssp Midco 2 Limited
- - Industry AVG
SSP MIDCO 2 LIMITED financials
EXPORT
Ssp Midco 2 Limited's latest turnover from December 2023 is 0 and the company has net assets of £125.5 million. According to their latest financial statements, we estimate that Ssp Midco 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Turnover
1,154,000
60,837,000
111,773,000
85,273,000
87,900,000
85,300,000
Other Income Or Grants
Cost Of Sales
1,069,000
39,000,000
66,803,000
52,322,000
45,149,000
45,764,000
Gross Profit
85,000
21,837,000
44,970,000
32,951,000
42,751,000
39,536,000
Admin Expenses
223,000
967,000
4,843,000
30,681,000
115,880,000
55,086,000
36,809,000
36,868,000
Operating Profit
-223,000
-967,000
-4,758,000
-8,844,000
-70,910,000
-22,135,000
5,942,000
2,668,000
Interest Payable
4,269,000
3,795,000
8,768,000
28,289,000
42,539,000
21,469,000
20,729,000
21,216,000
Interest Receivable
20,969,000
19,075,000
20,759,000
2,239,000
39,000
91,000
81,000
42,000
Pre-Tax Profit
20,848,000
-12,753,000
99,760,000
-34,894,000
-113,605,000
-42,053,000
-15,037,000
-18,324,000
Tax
271,000
-833,000
3,777,000
1,658,000
3,745,000
Profit After Tax
20,848,000
-12,753,000
99,760,000
-34,623,000
-114,438,000
-38,276,000
-13,379,000
-14,579,000
Dividends Paid
Retained Profit
20,848,000
-12,753,000
99,760,000
-34,623,000
-114,438,000
-38,276,000
-13,379,000
-14,579,000
Employee Costs
538,725
34,553,000
58,836,000
40,703,000
38,752,000
38,081,000
Number Of Employees
1
1
8
705
782
773
704
714
EBITDA*
-223,000
-967,000
-4,758,000
10,157,000
-48,549,000
-6,133,000
20,752,000
16,567,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Tangible Assets
14,410,000
15,580,000
15,695,000
13,105,000
7,895,000
Intangible Assets
92,821,000
100,868,000
178,275,000
208,367,000
215,508,000
Investments & Other
827,000
813,000
Debtors (Due After 1 year)
210,924,000
184,339,000
2,948,000
2,981,000
Total Fixed Assets
210,924,000
184,339,000
104,283,000
116,448,000
193,970,000
221,472,000
223,403,000
Stock & work in progress
1,000
63,000
31,000
100,000
Trade Debtors
12,591,000
7,733,000
10,053,000
15,383,000
9,557,000
Group Debtors
200,693,000
540,000
574,000
Misc Debtors
3,905,000
5,750,000
12,538,000
11,223,000
10,144,000
Cash
6,521,000
4,033,000
7,361,000
10,160,000
11,032,000
misc current assets
158,000
150,000
total current assets
200,693,000
23,506,000
25,988,000
30,713,000
37,371,000
30,983,000
total assets
210,924,000
184,339,000
200,693,000
127,789,000
142,436,000
224,683,000
258,843,000
254,386,000
Bank overdraft
Bank loan
150,670,000
Trade Creditors
11,815,000
8,220,000
4,003,000
8,408,000
7,564,000
3,037,000
Group/Directors Accounts
9,089,000
other short term finances
2,536,000
827,000
813,000
1,056,000
hp & lease commitments
1,769,000
2,353,000
other current liabilities
135,000
4,503,000
168,593,000
159,099,000
139,468,000
132,580,000
117,468,000
total current liabilities
11,815,000
9,224,000
4,503,000
329,252,000
167,991,000
148,703,000
140,957,000
121,561,000
loans
73,608,000
70,462,000
134,632,000
8,360,000
288,622,000
257,046,000
256,005,000
256,343,000
hp & lease commitments
4,180,000
5,891,000
659,000
966,000
Accruals and Deferred Income
other liabilities
provisions
18,852,000
20,598,000
26,260,000
31,952,000
38,166,000
total long term liabilities
73,608,000
70,462,000
67,316,000
13,606,000
154,610,000
141,653,000
144,647,000
147,435,000
total liabilities
85,423,000
79,686,000
71,819,000
342,858,000
322,601,000
290,356,000
285,604,000
268,996,000
net assets
125,501,000
104,653,000
128,874,000
-215,069,000
-180,165,000
-65,673,000
-26,761,000
-14,610,000
total shareholders funds
125,501,000
104,653,000
128,874,000
-215,069,000
-180,165,000
-65,673,000
-26,761,000
-14,610,000
Dec 2023
Dec 2022
Dec 2021
Sep 2020
Sep 2019
Mar 2018
Mar 2017
Mar 2016
Operating Activities
Operating Profit
-223,000
-967,000
-4,758,000
-8,844,000
-70,910,000
-22,135,000
5,942,000
2,668,000
Depreciation
4,677,000
9,112,000
3,655,000
2,463,000
2,067,000
Amortisation
14,324,000
13,249,000
12,347,000
12,347,000
11,832,000
Tax
271,000
-833,000
3,777,000
1,658,000
3,745,000
Stock
-1,000
-62,000
32,000
-69,000
100,000
Debtors
26,585,000
-16,354,000
181,249,000
2,980,000
-6,667,000
-4,049,000
7,479,000
19,701,000
Creditors
11,815,000
-8,220,000
4,217,000
-4,405,000
844,000
4,527,000
3,037,000
Accruals and Deferred Income
-135,000
-4,368,000
-164,090,000
9,494,000
19,631,000
6,888,000
15,112,000
117,468,000
Deferred Taxes & Provisions
-18,852,000
-1,746,000
-5,662,000
-5,692,000
-6,214,000
38,166,000
Cash flow from operations
-15,128,000
11,019,000
-377,169,000
19,414,000
-33,089,000
3,701,000
28,425,000
159,182,000
Investing Activities
capital expenditure
107,231,000
-9,784,000
55,161,000
11,500,000
-12,879,000
-237,302,000
Change in Investments
-827,000
14,000
813,000
cash flow from investments
107,231,000
-9,784,000
55,988,000
11,486,000
-13,692,000
-237,302,000
Financing Activities
Bank loans
-150,670,000
150,670,000
Group/Directors Accounts
-9,089,000
9,089,000
Other Short Term Loans
-2,536,000
1,709,000
14,000
-243,000
1,056,000
Long term loans
3,146,000
-64,170,000
126,272,000
-280,262,000
31,576,000
1,041,000
-338,000
256,343,000
Hire Purchase and Lease Commitments
-5,949,000
-2,295,000
7,585,000
-307,000
966,000
other long term liabilities
share issue
-11,468,000
244,183,000
-281,000
-54,000
-636,000
1,228,000
-31,000
interest
16,700,000
15,280,000
11,991,000
-26,050,000
-42,500,000
-21,378,000
-20,648,000
-21,174,000
cash flow from financing
10,757,000
-51,269,000
225,827,000
-160,754,000
-1,684,000
-21,266,000
-19,035,000
236,194,000
cash and cash equivalents
cash
-6,521,000
2,488,000
-3,328,000
-2,799,000
-872,000
11,032,000
overdraft
change in cash
-6,521,000
2,488,000
-3,328,000
-2,799,000
-872,000
11,032,000
ssp midco 2 limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ssp midco 2 limited. Get real-time insights into ssp midco 2 limited's credit score, group structure and payment trends.
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ssp midco 2 limited Capital Raised & Share Issues BETA
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ssp midco 2 limitedCompanies House Filings - See Documents
