christopher topco limited
christopher topco limited Company Information
Company Number
10192357
Next Accounts
Dec 2024
Industry
Licensed restaurants
Shareholders
graphite capital partners viii b lp
graphite capital partners viii d lp
View AllGroup Structure
View All
Contact
Registered Address
6 time square, warrington, WA1 2NT
Website
-christopher topco limited Estimated Valuation
Pomanda estimates the enterprise value of CHRISTOPHER TOPCO LIMITED at £132.8m based on a Turnover of £72m and 1.84x industry multiple (adjusted for size and gross margin).
christopher topco limited Estimated Valuation
Pomanda estimates the enterprise value of CHRISTOPHER TOPCO LIMITED at £0 based on an EBITDA of £-659.8k and a 12.21x industry multiple (adjusted for size and gross margin).
christopher topco limited Estimated Valuation
Pomanda estimates the enterprise value of CHRISTOPHER TOPCO LIMITED at £0 based on Net Assets of £-9.5m and 2.67x industry multiple (adjusted for liquidity).
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Christopher Topco Limited Overview
Christopher Topco Limited is a live company located in warrington, WA1 2NT with a Companies House number of 10192357. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2016, it's largest shareholder is graphite capital partners viii b lp with a 26.3% stake. Christopher Topco Limited is a young, large sized company, Pomanda has estimated its turnover at £72m with healthy growth in recent years.
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Christopher Topco Limited Health Check
Pomanda's financial health check has awarded Christopher Topco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £72m, make it larger than the average company (£1.6m)
£72m - Christopher Topco Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.5%)
9% - Christopher Topco Limited
3.5% - Industry AVG
Production
with a gross margin of 75.2%, this company has a lower cost of product (57.2%)
75.2% - Christopher Topco Limited
57.2% - Industry AVG
Profitability
an operating margin of -7.2% make it less profitable than the average company (4.2%)
-7.2% - Christopher Topco Limited
4.2% - Industry AVG
Employees
with 1652 employees, this is above the industry average (36)
1652 - Christopher Topco Limited
36 - Industry AVG
Pay Structure
on an average salary of £18k, the company has an equivalent pay structure (£18.8k)
£18k - Christopher Topco Limited
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £43.6k, this is equally as efficient (£50.5k)
£43.6k - Christopher Topco Limited
£50.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
0 days - Christopher Topco Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (46 days)
115 days - Christopher Topco Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is more than average (13 days)
17 days - Christopher Topco Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Christopher Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 126.4%, this is a higher level of debt than the average (85.6%)
126.4% - Christopher Topco Limited
85.6% - Industry AVG
CHRISTOPHER TOPCO LIMITED financials
Christopher Topco Limited's latest turnover from March 2023 is £72 million and the company has net assets of -£9.5 million. According to their latest financial statements, Christopher Topco Limited has 1,652 employees and maintains cash reserves of £1.2 million 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 71,971,794 | 59,989,784 | 17,106,449 | 55,324,286 | 51,760,926 | 45,146,893 | 33,600,962 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 17,874,105 | 13,697,185 | 3,828,275 | 13,333,900 | 12,315,939 | 10,682,738 | 8,055,983 |
| Gross Profit | 54,097,689 | 46,292,599 | 13,278,174 | 41,990,386 | 39,444,987 | 34,464,155 | 25,544,979 |
| Admin Expenses | 59,301,060 | 44,800,649 | -3,773,851 | 45,984,267 | 39,875,696 | 31,903,818 | 27,338,281 |
| Operating Profit | -5,203,371 | 1,491,950 | 17,052,025 | -3,993,881 | -430,709 | 2,560,337 | -1,793,302 |
| Interest Payable | 2,750,847 | 1,221,332 | 473,346 | 5,450,331 | 5,291,933 | 4,966,766 | 3,713,403 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -7,954,218 | 270,618 | 16,578,679 | -37,286,041 | -5,722,642 | -2,406,429 | -5,506,705 |
| Tax | 137,900 | -137,782 | 852,366 | -207,370 | 145,799 | -93,822 | 36,529 |
| Profit After Tax | -7,816,318 | 132,836 | 17,431,045 | -37,493,411 | -5,576,843 | -2,500,251 | -5,470,176 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -7,816,318 | 132,836 | 17,431,045 | -37,493,411 | -5,576,843 | -2,500,251 | -5,470,176 |
| Employee Costs | 29,715,075 | 24,729,048 | 21,951,596 | 21,412,998 | 18,871,296 | 16,231,144 | 13,107,813 |
| Number Of Employees | 1,652 | 1,619 | 1,243 | 1,297 | 1,208 | 1,091 | 864 |
| EBITDA* | -659,783 | 5,581,424 | 20,995,222 | 746,447 | 3,654,363 | 6,220,177 | 840,132 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,595,213 | 23,551,050 | 24,378,404 | 27,272,145 | 28,084,214 | 26,639,033 | 19,868,269 |
| Intangible Assets | 8,612,925 | 8,973,525 | 9,472,302 | 9,971,115 | 37,353,340 | 38,788,222 | 40,338,369 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 31,777 | 178,054 | 0 |
| Total Fixed Assets | 31,208,138 | 32,524,575 | 33,850,706 | 37,243,260 | 65,469,331 | 65,605,309 | 60,206,638 |
| Stock & work in progress | 868,611 | 693,007 | 433,766 | 415,160 | 543,648 | 484,859 | 382,185 |
| Trade Debtors | 2,994 | 414,867 | 638,635 | 1,202,458 | 285,884 | 698,082 | 880,353 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,724,203 | 1,902,845 | 1,720,143 | 2,169,749 | 1,891,760 | 1,006,178 | 1,843,190 |
| Cash | 1,206,586 | 2,229,594 | 80,888 | 410 | 904,455 | 892,473 | 2,089,446 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,802,394 | 5,240,313 | 2,873,432 | 3,787,777 | 3,625,747 | 3,081,592 | 5,195,174 |
| total assets | 36,010,532 | 37,764,888 | 36,724,138 | 41,031,037 | 69,095,078 | 68,686,901 | 65,401,812 |
| Bank overdraft | 992,527 | 0 | 223,278 | 26,225 | 139,520 | 412,576 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,644,918 | 2,303,803 | 2,359,661 | 5,357,690 | 1,573,477 | 3,224,187 | 3,401,095 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 49,744 | 0 | 2,491,608 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,449,489 | 6,521,127 | 5,944,158 | 4,593,006 | 4,956,295 | 4,067,330 | 4,046,958 |
| total current liabilities | 11,086,934 | 8,824,930 | 8,527,097 | 10,026,665 | 6,669,292 | 10,195,701 | 7,448,053 |
| loans | 34,188,303 | 33,040,758 | 35,569,289 | 81,066,381 | 64,565,912 | 58,544,750 | 59,596,325 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 10,554,321 | 6,771,988 | 3,054,160 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 241,977 | 137,857 | 10,096 | 852,366 | 660,495 | 831,161 | 707,070 |
| total long term liabilities | 34,430,280 | 33,178,615 | 35,579,385 | 81,918,747 | 75,780,728 | 66,147,899 | 63,357,555 |
| total liabilities | 45,517,214 | 42,003,545 | 44,106,482 | 91,945,412 | 82,450,020 | 76,343,600 | 70,805,608 |
| net assets | -9,506,682 | -4,238,657 | -7,382,344 | -50,914,375 | -13,354,942 | -7,656,699 | -5,403,796 |
| total shareholders funds | -9,506,682 | -4,238,657 | -7,382,344 | -50,914,375 | -13,354,942 | -7,656,699 | -5,403,796 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -5,203,371 | 1,491,950 | 17,052,025 | -3,993,881 | -430,709 | 2,560,337 | -1,793,302 |
| Depreciation | 4,182,988 | 3,590,697 | 3,444,384 | 3,189,909 | 2,650,190 | 2,109,693 | 1,341,631 |
| Amortisation | 360,600 | 498,777 | 498,813 | 1,550,419 | 1,434,882 | 1,550,147 | 1,291,803 |
| Tax | 137,900 | -137,782 | 852,366 | -207,370 | 145,799 | -93,822 | 36,529 |
| Stock | 175,604 | 259,241 | 18,606 | -128,488 | 58,789 | 102,674 | 382,185 |
| Debtors | 409,485 | -41,066 | -1,013,429 | 1,162,786 | 327,107 | -841,229 | 2,723,543 |
| Creditors | 3,341,115 | -55,858 | -2,998,029 | 3,784,213 | -1,650,710 | -176,908 | 3,401,095 |
| Accruals and Deferred Income | -2,071,638 | 576,969 | 1,351,152 | -10,917,610 | 4,671,298 | 3,738,200 | 7,101,118 |
| Deferred Taxes & Provisions | 104,120 | 127,761 | -842,270 | 191,871 | -170,666 | 124,091 | 707,070 |
| Cash flow from operations | 266,625 | 5,874,339 | 20,353,264 | -7,436,747 | 6,264,188 | 10,550,293 | 8,980,216 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | -4,095,371 | -8,880,457 | -48,457,212 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -4,095,371 | -8,880,457 | -48,457,212 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -49,744 | 49,744 | -2,491,608 | 2,491,608 | 0 |
| Long term loans | 1,147,545 | -2,528,531 | -45,497,092 | 16,500,469 | 6,021,162 | -1,051,575 | 59,596,325 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -2,750,847 | -1,221,332 | -473,346 | -5,450,331 | -5,291,933 | -4,966,766 | -3,713,403 |
| cash flow from financing | 944,991 | -739,012 | -19,919,196 | 11,033,860 | -1,883,779 | -3,279,385 | 55,949,302 |
| cash and cash equivalents | |||||||
| cash | -1,023,008 | 2,148,706 | 80,478 | -904,045 | 11,982 | -1,196,973 | 2,089,446 |
| overdraft | 992,527 | -223,278 | 197,053 | -113,295 | -273,056 | 412,576 | 0 |
| change in cash | -2,015,535 | 2,371,984 | -116,575 | -790,750 | 285,038 | -1,609,549 | 2,089,446 |
christopher topco limited Credit Report and Business Information
Christopher Topco Limited Competitor Analysis
Perform a competitor analysis for christopher topco limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in WA1 area or any other competitors across 12 key performance metrics.
christopher topco limited Ownership
CHRISTOPHER TOPCO LIMITED group structure
Christopher Topco Limited has 1 subsidiary company.
Ultimate parent company
CHRISTOPHER TOPCO LIMITED
10192357
1 subsidiary
christopher topco limited directors
Christopher Topco Limited currently has 3 directors. The longest serving directors include Mr Timothy McCormac (Jul 2016) and Mr Rod McKie (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy McCormac | United Kingdom | 51 years | Jul 2016 | - | Director |
| Mr Rod McKie | England | 63 years | Dec 2022 | - | Director |
| Miss Amber Wood | England | 46 years | Sep 2023 | - | Director |
P&L
March 2023turnover
72m
+20%
operating profit
-5.2m
-449%
gross margin
75.2%
-2.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-9.5m
+1.24%
total assets
36m
-0.05%
cash
1.2m
-0.46%
net assets
Total assets minus all liabilities
christopher topco limited company details
company number
10192357
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
May 2016
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
6 time square, warrington, WA1 2NT
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
MACFARLNES LLP
christopher 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 christopher topco limited.
christopher 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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christopher topco limited Companies House Filings - See Documents
| date | description | view/download |
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