christopher bidco limited
christopher bidco limited Company Information
Company Number
10194585
Next Accounts
89 days late
Shareholders
christopher midco 2 limited
Group Structure
View All
Industry
Licensed restaurants
Registered Address
6 time square, warrington, WA1 2NT
Website
nwtc.uk.comchristopher bidco limited Estimated Valuation
Pomanda estimates the enterprise value of CHRISTOPHER BIDCO LIMITED at £820k based on a Turnover of £1.2m and 0.68x industry multiple (adjusted for size and gross margin).
christopher bidco limited Estimated Valuation
Pomanda estimates the enterprise value of CHRISTOPHER BIDCO LIMITED at £0 based on an EBITDA of £0 and a 4.39x industry multiple (adjusted for size and gross margin).
christopher bidco limited Estimated Valuation
Pomanda estimates the enterprise value of CHRISTOPHER BIDCO LIMITED at £0 based on Net Assets of £-23.6m and 2.5x industry multiple (adjusted for liquidity).
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Christopher Bidco Limited Overview
Christopher Bidco Limited is a live company located in warrington, WA1 2NT with a Companies House number of 10194585. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2016, it's largest shareholder is christopher midco 2 limited with a 100% stake. Christopher Bidco Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with high growth in recent years.
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Christopher Bidco Limited Health Check
Pomanda's financial health check has awarded Christopher Bidco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£1.6m)
£1.2m - Christopher Bidco Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (3.2%)
21% - Christopher Bidco Limited
3.2% - Industry AVG
Production
with a gross margin of 58.2%, this company has a comparable cost of product (58.2%)
58.2% - Christopher Bidco Limited
58.2% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Christopher Bidco Limited
- - Industry AVG
Employees
with 5 employees, this is below the industry average (37)
5 - Christopher Bidco Limited
37 - Industry AVG
Pay Structure
on an average salary of £218.3k, the company has a higher pay structure (£19.4k)
£218.3k - Christopher Bidco Limited
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £240.9k, this is more efficient (£52.2k)
£240.9k - Christopher Bidco Limited
£52.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Christopher Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Christopher Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Christopher 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 (16 weeks)
0 weeks - Christopher Bidco Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.1%, this is a higher level of debt than the average (82.1%)
159.1% - Christopher Bidco Limited
82.1% - Industry AVG
CHRISTOPHER BIDCO LIMITED financials
Christopher Bidco Limited's latest turnover from March 2023 is £1.2 million and the company has net assets of -£23.6 million. According to their latest financial statements, Christopher Bidco Limited has 5 employees and maintains cash reserves of £150 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 | 1,204,654 | 868,653 | 467,626 | 684,553 | 679,886 | 690,936 | 556,925 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 8,898,200 | -63,000 | -189,556 | ||||
| Interest Payable | 1,034,682 | 703,282 | 288,996 | 1,545,592 | 1,574,105 | 1,248,950 | 210,002 |
| Interest Receivable | |||||||
| Pre-Tax Profit | -1,034,682 | -703,282 | 8,609,204 | -27,440,668 | -1,574,105 | -1,248,950 | -399,558 |
| Tax | -643,305 | 428,434 | -30,292 | 268,941 | 134,814 | 4,250 | |
| Profit After Tax | -1,677,987 | -274,848 | 8,578,912 | -27,171,727 | -1,439,291 | -1,244,700 | -399,558 |
| Dividends Paid | |||||||
| Retained Profit | -1,677,987 | -274,848 | 8,578,912 | -27,171,727 | -1,439,291 | -1,244,700 | -399,558 |
| Employee Costs | 1,091,654 | 868,653 | 467,626 | 684,553 | 679,886 | 690,936 | 556,925 |
| Number Of Employees | 5 | 6 | 6 | 6 | 6 | 4 | 6 |
| EBITDA* | 8,898,200 | -63,000 | -189,556 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 18,392,097 | 18,392,097 | 18,392,097 | 18,392,097 | 44,224,173 | 44,224,173 | 44,224,173 |
| Debtors (Due After 1 year) | 31,777 | 178,054 | |||||
| Total Fixed Assets | 18,392,097 | 18,392,097 | 18,392,097 | 18,392,097 | 44,255,950 | 44,402,227 | 44,224,173 |
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | 21,392,616 | 20,351,754 | 20,936,139 | 17,318,601 | 16,368,026 | 15,155,683 | 15,234,125 |
| Misc Debtors | 162,801 | 806,106 | 377,716 | 964,688 | 133,813 | 151 | 151 |
| Cash | 150 | 150 | 150 | ||||
| misc current assets | |||||||
| total current assets | 21,555,567 | 21,158,010 | 21,314,005 | 18,283,289 | 16,501,839 | 15,155,834 | 15,234,276 |
| total assets | 39,947,664 | 39,550,107 | 39,706,102 | 36,675,386 | 60,757,789 | 59,558,061 | 59,458,449 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | 47,346,735 | 45,346,735 | 45,346,735 | 39,475,931 | 37,175,931 | 37,175,931 | 37,106,489 |
| other short term finances | 49,743 | 2,491,608 | 2,591,339 | ||||
| hp & lease commitments | |||||||
| other current liabilities | 230,127 | 154,583 | 344,634 | 32,480 | 96,644 | 465,731 | |
| total current liabilities | 47,576,862 | 45,501,318 | 45,346,735 | 39,870,308 | 37,208,411 | 39,764,183 | 40,163,559 |
| loans | 16,000,000 | 16,000,000 | 16,035,730 | 27,100,000 | 26,606,551 | 21,264,331 | 19,724,567 |
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 26,019 | ||||||
| total long term liabilities | 16,000,000 | 16,000,000 | 16,035,730 | 27,100,000 | 26,606,551 | 21,290,350 | 19,724,567 |
| total liabilities | 63,576,862 | 61,501,318 | 61,382,465 | 66,970,308 | 63,814,962 | 61,054,533 | 59,888,126 |
| net assets | -23,629,198 | -21,951,211 | -21,676,363 | -30,294,922 | -3,057,173 | -1,496,472 | -429,677 |
| total shareholders funds | -23,629,198 | -21,951,211 | -21,676,363 | -30,294,922 | -3,057,173 | -1,496,472 | -429,677 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 8,898,200 | -63,000 | -189,556 | ||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | -643,305 | 428,434 | -30,292 | 268,941 | 134,814 | 4,250 | |
| Stock | |||||||
| Debtors | 397,557 | -155,995 | 3,030,566 | 1,749,673 | 1,199,728 | 99,612 | 15,234,276 |
| Creditors | |||||||
| Accruals and Deferred Income | 75,544 | 154,583 | -344,634 | 312,154 | -64,164 | -369,087 | 465,731 |
| Deferred Taxes & Provisions | -26,019 | 26,019 | |||||
| Cash flow from operations | -965,318 | 739,012 | 5,492,708 | -1,231,578 | -1,155,097 | -438,430 | -14,958,101 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -25,832,076 | 44,224,173 | |||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 2,000,000 | 5,870,804 | 2,300,000 | 69,442 | 37,106,489 | ||
| Other Short Term Loans | -49,743 | 49,743 | -2,491,608 | -99,731 | 2,591,339 | ||
| Long term loans | -35,730 | -11,064,270 | 493,449 | 5,342,220 | 1,539,764 | 19,724,567 | |
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -1,034,682 | -703,282 | -288,996 | -1,545,592 | -1,574,105 | -1,248,950 | -210,002 |
| cash flow from financing | 965,318 | -739,012 | -5,492,558 | 1,231,578 | 1,155,097 | 438,430 | 59,182,274 |
| cash and cash equivalents | |||||||
| cash | 150 | ||||||
| overdraft | |||||||
| change in cash | 150 |
christopher bidco limited Credit Report and Business Information
Christopher Bidco Limited Competitor Analysis
Perform a competitor analysis for christopher bidco limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WA1 area or any other competitors across 12 key performance metrics.
christopher bidco limited Ownership
CHRISTOPHER BIDCO LIMITED group structure
Christopher Bidco Limited has 1 subsidiary company.
Ultimate parent company
2 parents
CHRISTOPHER BIDCO LIMITED
10194585
1 subsidiary
christopher bidco limited directors
Christopher Bidco Limited currently has 2 directors. The longest serving directors include Mr Timothy McCormac (Jul 2016) and Miss Amber Wood (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy McCormac | England | 51 years | Jul 2016 | - | Director |
| Miss Amber Wood | England | 46 years | Sep 2023 | - | Director |
P&L
March 2023turnover
1.2m
+39%
operating profit
0
0%
gross margin
58.2%
-0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-23.6m
+0.08%
total assets
39.9m
+0.01%
cash
150
0%
net assets
Total assets minus all liabilities
Similar Companies
christopher bidco limited company details
company number
10194585
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
6 time square, warrington, WA1 2NT
Bank
-
Legal Advisor
-
christopher 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 5 charges/mortgages relating to christopher bidco limited. Currently there are 5 open charges and 0 have been satisfied in the past.
christopher 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.
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christopher bidco limited Companies House Filings - See Documents
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