evaluate midco limited
evaluate midco limited Company Information
Company Number
10334320
Next Accounts
Apr 2025
Shareholders
evaluate holdco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o hackwood secretaries limited, one silk street, london, EC2Y 8HQ
Website
evaluategroup.comevaluate midco limited Estimated Valuation
Pomanda estimates the enterprise value of EVALUATE MIDCO LIMITED at £104.3m based on a Turnover of £30.9m and 3.38x industry multiple (adjusted for size and gross margin).
evaluate midco limited Estimated Valuation
Pomanda estimates the enterprise value of EVALUATE MIDCO LIMITED at £65.2m based on an EBITDA of £4.6m and a 14.11x industry multiple (adjusted for size and gross margin).
evaluate midco limited Estimated Valuation
Pomanda estimates the enterprise value of EVALUATE MIDCO LIMITED at £0 based on Net Assets of £-29.3m and 1.31x industry multiple (adjusted for liquidity).
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Evaluate Midco Limited Overview
Evaluate Midco Limited is a dissolved company that was located in london, EC2Y 8HQ with a Companies House number of 10334320. It operated in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2016, it's largest shareholder was evaluate holdco limited with a 100% stake. The last turnover for Evaluate Midco Limited was estimated at £30.9m.
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Evaluate Midco Limited Health Check
Pomanda's financial health check has awarded Evaluate Midco Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
3 Weak
Size
annual sales of £30.9m, make it larger than the average company (£15.7m)
£30.9m - Evaluate Midco Limited
£15.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Evaluate Midco Limited
- - Industry AVG
Production
with a gross margin of 89.5%, this company has a lower cost of product (33.7%)
89.5% - Evaluate Midco Limited
33.7% - Industry AVG
Profitability
an operating margin of -9.7% make it less profitable than the average company (4.9%)
-9.7% - Evaluate Midco Limited
4.9% - Industry AVG
Employees
with 147 employees, this is above the industry average (108)
147 - Evaluate Midco Limited
108 - Industry AVG
Pay Structure
on an average salary of £102.4k, the company has a higher pay structure (£36.7k)
£102.4k - Evaluate Midco Limited
£36.7k - Industry AVG
Efficiency
resulting in sales per employee of £210.1k, this is more efficient (£153.6k)
£210.1k - Evaluate Midco Limited
£153.6k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (48 days)
30 days - Evaluate Midco Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 153 days, this is slower than average (47 days)
153 days - Evaluate Midco Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Evaluate Midco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (12 weeks)
19 weeks - Evaluate Midco Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.6%, this is a higher level of debt than the average (69.8%)
145.6% - Evaluate Midco Limited
69.8% - Industry AVG
EVALUATE MIDCO LIMITED financials
Evaluate Midco Limited's latest turnover from September 2019 is £30.9 million and the company has net assets of -£29.3 million. According to their latest financial statements, Evaluate Midco Limited has 147 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|
| Turnover | 30,891,955 | 26,641,898 | 23,132,234 |
| Other Income Or Grants | |||
| Cost Of Sales | 3,243,529 | 3,008,519 | 3,349,867 |
| Gross Profit | 27,648,426 | 23,633,379 | 19,782,367 |
| Admin Expenses | 30,637,608 | 26,782,789 | 23,902,716 |
| Operating Profit | -2,989,182 | -3,149,410 | -4,120,349 |
| Interest Payable | 6,751,862 | 6,667,898 | 5,624,114 |
| Interest Receivable | 3,486 | 1,925 | 3,710 |
| Pre-Tax Profit | -11,886,251 | -10,579,026 | -8,242,510 |
| Tax | 157,872 | 346,208 | -616,990 |
| Profit After Tax | -11,728,379 | -10,232,818 | -8,859,500 |
| Dividends Paid | |||
| Retained Profit | -11,728,379 | -10,232,818 | -8,859,500 |
| Employee Costs | 15,057,733 | 13,145,715 | 11,128,301 |
| Number Of Employees | 147 | 141 | 153 |
| EBITDA* | 4,617,800 | 4,468,672 | 2,847,085 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|
| Tangible Assets | 556,021 | 544,202 | 601,072 |
| Intangible Assets | 51,759,651 | 59,069,862 | 66,380,073 |
| Investments & Other | 693,368 | 693,368 | |
| Debtors (Due After 1 year) | 916,060 | 164,609 | 57,563 |
| Total Fixed Assets | 53,231,732 | 60,472,041 | 67,732,076 |
| Stock & work in progress | |||
| Trade Debtors | 2,602,285 | 1,769,733 | 2,527,068 |
| Group Debtors | 227,027 | 23,411 | 16,250 |
| Misc Debtors | 1,921,930 | 2,563,505 | 2,524,866 |
| Cash | 6,361,557 | 8,195,154 | 2,922,901 |
| misc current assets | |||
| total current assets | 11,112,799 | 12,551,803 | 7,991,085 |
| total assets | 64,344,531 | 73,023,844 | 75,723,161 |
| Bank overdraft | 284,563 | 396,451 | 385,370 |
| Bank loan | |||
| Trade Creditors | 1,365,694 | 489,639 | 740,531 |
| Group/Directors Accounts | |||
| other short term finances | 643,453 | 330,814 | |
| hp & lease commitments | |||
| other current liabilities | 14,782,468 | 13,436,841 | 11,974,174 |
| total current liabilities | 17,076,178 | 14,653,745 | 13,100,075 |
| loans | 76,498,408 | 75,981,332 | 69,786,533 |
| hp & lease commitments | |||
| Accruals and Deferred Income | 80,683 | 75,353 | 73,883 |
| other liabilities | |||
| provisions | 31,942 | 28,560 | 20,051 |
| total long term liabilities | 76,611,033 | 76,085,245 | 69,880,467 |
| total liabilities | 93,687,211 | 90,738,990 | 82,980,542 |
| net assets | -29,342,680 | -17,715,146 | -7,257,381 |
| total shareholders funds | -29,342,680 | -17,715,146 | -7,257,381 |
| Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -2,989,182 | -3,149,410 | -4,120,349 |
| Depreciation | 296,771 | 307,871 | 265,301 |
| Amortisation | 7,310,211 | 7,310,211 | 6,702,133 |
| Tax | 157,872 | 346,208 | -616,990 |
| Stock | |||
| Debtors | 1,146,044 | -604,489 | 5,125,747 |
| Creditors | 876,055 | -250,892 | 740,531 |
| Accruals and Deferred Income | 1,350,957 | 1,464,137 | 12,048,057 |
| Deferred Taxes & Provisions | 3,382 | 8,509 | 20,051 |
| Cash flow from operations | 5,860,022 | 6,641,123 | 9,912,987 |
| Investing Activities | |||
| capital expenditure | -312,289 | -253,300 | -31,337,159 |
| Change in Investments | -693,368 | 693,368 | |
| cash flow from investments | 381,079 | -253,300 | -32,030,527 |
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | 312,639 | 330,814 | |
| Long term loans | 517,076 | 6,194,799 | 69,786,533 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -6,748,376 | -6,665,973 | -5,620,404 |
| cash flow from financing | -5,817,816 | -365,307 | 65,768,248 |
| cash and cash equivalents | |||
| cash | -1,833,597 | 5,272,253 | 2,922,901 |
| overdraft | -111,888 | 11,081 | 385,370 |
| change in cash | -1,721,709 | 5,261,172 | 2,537,531 |
evaluate midco limited Credit Report and Business Information
Evaluate Midco Limited Competitor Analysis
Perform a competitor analysis for evaluate midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
evaluate midco limited Ownership
EVALUATE MIDCO LIMITED group structure
Evaluate Midco Limited has no subsidiary companies.
Ultimate parent company
2 parents
EVALUATE MIDCO LIMITED
10334320
evaluate midco limited directors
Evaluate Midco Limited currently has 3 directors. The longest serving directors include Mr David Issott (Aug 2016) and Mrs Deborah Kobewka (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Issott | United Kingdom | 48 years | Aug 2016 | - | Director |
| Mrs Deborah Kobewka | United Kingdom | 63 years | Mar 2019 | - | Director |
| Mr Martyn Hindley | England | 62 years | Dec 2019 | - | Director |
P&L
September 2019turnover
30.9m
+16%
operating profit
-3m
-5%
gross margin
89.6%
+0.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2019net assets
-29.3m
+0.66%
total assets
64.3m
-0.12%
cash
6.4m
-0.22%
net assets
Total assets minus all liabilities
evaluate midco limited company details
company number
10334320
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2019
previous names
opio midco limited (November 2016)
accountant
-
auditor
RSM UK AUDIT LLP
address
c/o hackwood secretaries limited, one silk street, london, EC2Y 8HQ
Bank
-
Legal Advisor
-
evaluate midco 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 2 charges/mortgages relating to evaluate midco limited. Currently there are 0 open charges and 2 have been satisfied in the past.
evaluate midco 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 EVALUATE MIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
evaluate midco limited Companies House Filings - See Documents
| date | description | view/download |
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