riva topco limited
riva topco limited Company Information
Company Number
10029892
Next Accounts
Jan 2025
Industry
Other information technology and computer service activities
Shareholders
dragon bidco sas
Group Structure
View All
Contact
Registered Address
suite 3 regency house, 91 western road, brighton, BN1 2NW
Website
-riva topco limited Estimated Valuation
Pomanda estimates the enterprise value of RIVA TOPCO LIMITED at £223.1k based on a Turnover of £411.7k and 0.54x industry multiple (adjusted for size and gross margin).
riva topco limited Estimated Valuation
Pomanda estimates the enterprise value of RIVA TOPCO LIMITED at £156.2m based on an EBITDA of £43.1m and a 3.62x industry multiple (adjusted for size and gross margin).
riva topco limited Estimated Valuation
Pomanda estimates the enterprise value of RIVA TOPCO LIMITED at £40.1m based on Net Assets of £18m and 2.23x industry multiple (adjusted for liquidity).
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Riva Topco Limited Overview
Riva Topco Limited is a dissolved company that was located in brighton, BN1 2NW with a Companies House number of 10029892. It operated in the other information technology service activities sector, SIC Code 62090. Founded in February 2016, it's largest shareholder was dragon bidco sas with a 100% stake. The last turnover for Riva Topco Limited was estimated at £411.7k.
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Riva Topco Limited Health Check
Pomanda's financial health check has awarded Riva Topco Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £411.7k, make it smaller than the average company (£6.2m)
- Riva Topco Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -76%, show it is growing at a slower rate (4.8%)
- Riva Topco Limited
4.8% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (52.5%)
- Riva Topco Limited
52.5% - Industry AVG
Profitability
an operating margin of 10471.4% make it more profitable than the average company (4%)
- Riva Topco Limited
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (38)
- Riva Topco Limited
38 - Industry AVG
Pay Structure
on an average salary of £67.3k, the company has an equivalent pay structure (£67.3k)
- Riva Topco Limited
£67.3k - Industry AVG
Efficiency
resulting in sales per employee of £205.9k, this is more efficient (£159.7k)
- Riva Topco Limited
£159.7k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (54 days)
- Riva Topco Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 568 days, this is slower than average (35 days)
- Riva Topco Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Riva Topco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Riva Topco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.8%, this is a lower level of debt than the average (63.2%)
24.8% - Riva Topco Limited
63.2% - Industry AVG
RIVA TOPCO LIMITED financials
Riva Topco Limited's latest turnover from December 2021 is estimated at £411.7 thousand and the company has net assets of £18 million. According to their latest financial statements, we estimate that Riva Topco Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|
| Turnover | 27,422,521 | 29,610,038 | 29,662,394 | 30,425,230 | 22,007,993 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 920,282 | 814,226 | 839,502 | 1,492,736 | 1,093,250 | |
| Gross Profit | 26,502,238 | 28,795,812 | 28,822,892 | 28,932,495 | 20,914,742 | |
| Admin Expenses | 19,585,055 | 25,371,006 | 23,433,833 | 26,198,618 | 23,523,978 | |
| Operating Profit | 6,917,183 | 3,424,806 | 5,389,059 | 2,733,877 | -2,609,236 | |
| Interest Payable | 5,606,921 | 5,898,177 | 8,618,884 | 6,660,170 | 4,279,751 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 8,880 | |
| Pre-Tax Profit | 1,310,262 | -2,473,371 | -3,229,825 | -3,926,293 | -6,880,107 | |
| Tax | -1,020,145 | -1,150,930 | 1,368,478 | -706,060 | -1,036,412 | |
| Profit After Tax | 290,117 | -3,624,300 | -1,861,347 | -4,632,353 | -7,916,519 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 290,117 | -3,624,300 | -1,861,347 | -4,632,353 | -7,916,519 | |
| Employee Costs | 12,905,475 | 13,860,805 | 13,874,346 | 16,540,574 | 9,399,645 | |
| Number Of Employees | 156 | 148 | 155 | 139 | 140 | |
| EBITDA* | 9,376,721 | 7,210,688 | 9,594,692 | 5,567,859 | -5,330 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 23,828,653 | 1,658,919 | 2,794,728 | 4,499,910 | 1,225,195 | 768,206 |
| Intangible Assets | 0 | 56,583,161 | 58,529,518 | 61,364,867 | 59,683,735 | 61,052,398 |
| Investments & Other | 0 | 383,953 | 209,424 | 204,910 | 227,675 | 230,905 |
| Debtors (Due After 1 year) | 0 | 254,820 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,828,653 | 58,242,079 | 61,324,246 | 65,864,777 | 60,908,929 | 61,820,603 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 11,516 | 7,104 |
| Trade Debtors | 55,658 | 9,688,361 | 9,553,168 | 7,726,124 | 7,678,065 | 8,934,281 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 4,752,066 | 5,554,251 | 5,006,318 | 4,037,916 | 2,962,699 |
| Cash | 0 | 11,021,866 | 7,884,094 | 7,123,126 | 7,727,675 | 7,570,159 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,509,769 |
| total current assets | 55,658 | 25,462,293 | 22,991,515 | 19,855,570 | 19,455,174 | 20,984,014 |
| total assets | 23,884,311 | 83,704,372 | 84,315,761 | 85,720,347 | 80,364,103 | 82,804,617 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 476,003 | 9,972,452 | 2,927,424 | 3,385,088 | 4,115,875 | 3,554,174 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 439,049 | 844,015 | 784,437 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 15,152,375 | 21,566,165 | 20,929,769 | 20,844,258 | 19,838,364 |
| total current liabilities | 476,003 | 25,563,877 | 25,337,606 | 25,099,296 | 24,960,135 | 23,392,540 |
| loans | 0 | 139,900,136 | 143,796,714 | 141,935,366 | 127,358,256 | 133,079,928 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 5,457,902 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 1,138,084 | 682,432 | 0 | 822,110 | 0 |
| total long term liabilities | 5,457,903 | 70,519,111 | 72,239,573 | 70,967,683 | 64,090,184 | 66,539,964 |
| total liabilities | 5,933,905 | 96,082,988 | 97,577,179 | 96,066,979 | 89,050,319 | 89,932,504 |
| net assets | 17,950,406 | -12,378,616 | -13,261,418 | -10,346,632 | -8,686,216 | -7,127,887 |
| total shareholders funds | 17,950,406 | -12,378,616 | -13,261,419 | -10,346,633 | -8,686,215 | -7,127,886 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 6,917,183 | 3,424,806 | 5,389,059 | 2,733,877 | -2,609,236 | |
| Depreciation | 0 | 1,140,668 | 414,335 | 411,627 | 279,057 | 229,130 |
| Amortisation | 0 | 1,318,870 | 3,371,547 | 3,794,006 | 2,554,925 | 2,374,777 |
| Tax | -1,020,145 | -1,150,930 | 1,368,478 | -706,060 | -1,036,412 | |
| Stock | 0 | 0 | 0 | -11,516 | 4,412 | 7,104 |
| Debtors | -14,639,589 | -412,174 | 2,374,978 | 1,016,461 | -180,999 | 11,896,980 |
| Creditors | -9,496,449 | 7,045,028 | -457,664 | -730,788 | 561,701 | 3,554,174 |
| Accruals and Deferred Income | -15,152,375 | -6,413,790 | 636,396 | 85,511 | 1,005,894 | 19,838,364 |
| Deferred Taxes & Provisions | -1,138,084 | 455,652 | 682,432 | -822,110 | 822,110 | 0 |
| Cash flow from operations | 9,855,640 | 4,545,944 | 8,490,838 | 7,428,091 | 10,446,713 | |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -383,953 | 174,529 | 4,514 | -22,765 | -3,230 | 230,905 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -439,049 | -404,966 | 59,578 | 784,437 | 0 | 0 |
| Long term loans | -139,900,136 | -3,896,578 | 1,861,348 | 14,577,110 | -5,721,672 | 133,079,928 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 5,457,902 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -5,606,921 | -5,898,177 | -8,618,884 | -6,660,170 | -4,270,871 | |
| cash flow from financing | -9,315,779 | -3,267,737 | 6,943,592 | -9,307,818 | 129,597,690 | |
| cash and cash equivalents | ||||||
| cash | -11,021,866 | 3,137,772 | 760,968 | -604,549 | 157,516 | 7,570,159 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,021,866 | 3,137,772 | 760,968 | -604,549 | 157,516 | 7,570,159 |
riva topco limited Credit Report and Business Information
Riva Topco Limited Competitor Analysis
Perform a competitor analysis for riva topco limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in BN1 area or any other competitors across 12 key performance metrics.
riva topco limited Ownership
RIVA TOPCO LIMITED group structure
Riva Topco Limited has 1 subsidiary company.
Ultimate parent company
DRAGON BIDCO SAS
#0151166
1 parent
RIVA TOPCO LIMITED
10029892
1 subsidiary
riva topco limited directors
Riva Topco Limited currently has 2 directors. The longest serving directors include Mr Christophe Vanackere (Apr 2021) and Mr Florent Colinet (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christophe Vanackere | England | 61 years | Apr 2021 | - | Director |
| Mr Florent Colinet | France | 38 years | Jun 2022 | - | Director |
P&L
December 2021turnover
411.7k
-98%
operating profit
43.1m
0%
gross margin
25.8%
-73.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
18m
-2.45%
total assets
23.9m
-0.71%
cash
0
-1%
net assets
Total assets minus all liabilities
riva topco limited company details
company number
10029892
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
suite 3 regency house, 91 western road, brighton, BN1 2NW
Bank
-
Legal Advisor
-
riva topco 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 riva topco limited.
riva topco 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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riva topco limited Companies House Filings - See Documents
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