grouse topco limited
grouse topco limited Company Information
Company Number
10433106
Website
http://shortermgroup.comRegistered Address
the barn philpots close, west drayton, UB7 7RY
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
growth capital partners nominees limited 47.2%
stephen gallucci 16.7%
View Allgrouse topco limited Estimated Valuation
Pomanda estimates the enterprise value of GROUSE TOPCO LIMITED at £256.5m based on a Turnover of £138.2m and 1.86x industry multiple (adjusted for size and gross margin).
grouse topco limited Estimated Valuation
Pomanda estimates the enterprise value of GROUSE TOPCO LIMITED at £28.6m based on an EBITDA of £3.8m and a 7.47x industry multiple (adjusted for size and gross margin).
grouse topco limited Estimated Valuation
Pomanda estimates the enterprise value of GROUSE TOPCO LIMITED at £0 based on Net Assets of £-12.3m and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Grouse Topco Limited Overview
Grouse Topco Limited is a live company located in west drayton, UB7 7RY with a Companies House number of 10433106. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2016, it's largest shareholder is growth capital partners nominees limited with a 47.2% stake. Grouse Topco Limited is a young, mega sized company, Pomanda has estimated its turnover at £138.2m with low growth in recent years.
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Grouse Topco Limited Health Check
Pomanda's financial health check has awarded Grouse Topco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
7 Weak
Size
annual sales of £138.2m, make it larger than the average company (£18.1m)
£138.2m - Grouse Topco Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.6%)
1% - Grouse Topco Limited
6.6% - Industry AVG
Production
with a gross margin of 12.9%, this company has a higher cost of product (36.1%)
12.9% - Grouse Topco Limited
36.1% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.1%)
0.1% - Grouse Topco Limited
5.1% - Industry AVG
Employees
with 150 employees, this is above the industry average (106)
150 - Grouse Topco Limited
106 - Industry AVG
Pay Structure
on an average salary of £57.2k, the company has a higher pay structure (£42k)
£57.2k - Grouse Topco Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £921.1k, this is more efficient (£178.6k)
£921.1k - Grouse Topco Limited
£178.6k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (47 days)
21 days - Grouse Topco Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (48 days)
25 days - Grouse Topco Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (42 days)
0 days - Grouse Topco Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (16 weeks)
10 weeks - Grouse Topco Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.4%, this is a higher level of debt than the average (69.9%)
142.4% - Grouse Topco Limited
69.9% - Industry AVG
GROUSE TOPCO LIMITED financials
Grouse Topco Limited's latest turnover from December 2022 is £138.2 million and the company has net assets of -£12.3 million. According to their latest financial statements, Grouse Topco Limited has 150 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 138,161,000 | 125,063,000 | 131,401,000 | 134,307,000 | 139,962,000 | 127,207,000 | 13,315,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 120,362,000 | 109,445,000 | 116,602,000 | 117,970,000 | 122,359,000 | 110,342,000 | 11,368,000 |
| Gross Profit | 17,799,000 | 15,618,000 | 14,799,000 | 16,337,000 | 17,603,000 | 16,865,000 | 1,947,000 |
| Admin Expenses | 17,638,000 | 15,555,000 | 15,973,000 | 16,535,000 | 16,258,000 | 15,443,000 | 1,740,000 |
| Operating Profit | 161,000 | 63,000 | -1,174,000 | -198,000 | 1,345,000 | 1,422,000 | 207,000 |
| Interest Payable | 1,958,000 | 2,205,000 | 2,454,000 | 2,567,000 | 2,698,000 | 2,715,000 | 318,000 |
| Interest Receivable | 2,000 | 32,000 | 38,000 | 15,000 | 3,000 | 7,000 | |
| Pre-Tax Profit | -1,795,000 | -2,110,000 | -3,590,000 | -2,750,000 | -1,350,000 | -1,290,000 | -104,000 |
| Tax | -105,000 | 3,000 | 125,000 | -49,000 | -177,000 | -61,000 | -8,000 |
| Profit After Tax | -1,900,000 | -2,107,000 | -3,465,000 | -2,799,000 | -1,527,000 | -1,351,000 | -112,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,900,000 | -2,107,000 | -3,465,000 | -2,799,000 | -1,527,000 | -1,351,000 | -112,000 |
| Employee Costs | 8,582,000 | 7,979,000 | 8,669,000 | 8,634,000 | 8,072,000 | 7,960,000 | 11,968,000 |
| Number Of Employees | 150 | 138 | 143 | 145 | 147 | 140 | 127 |
| EBITDA* | 3,832,000 | 3,409,000 | 2,331,000 | 3,264,000 | 1,675,000 | 4,777,000 | 499,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 764,000 | 332,000 | 314,000 | 425,000 | 548,000 | 548,000 | 653,000 |
| Intangible Assets | 13,668,000 | 15,504,000 | 18,860,000 | 22,063,000 | 25,204,000 | 27,094,000 | 29,998,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 400,000 | 1,500,000 | 0 | 0 | 0 |
| Total Fixed Assets | 14,432,000 | 15,836,000 | 19,574,000 | 23,988,000 | 25,752,000 | 27,642,000 | 30,651,000 |
| Stock & work in progress | 88,000 | 84,000 | 72,000 | 84,000 | 76,000 | 72,000 | 60,000 |
| Trade Debtors | 7,956,000 | 7,204,000 | 10,492,000 | 10,402,000 | 10,698,000 | 13,500,000 | 9,487,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,254,000 | 2,716,000 | 2,682,000 | 3,138,000 | 0 | 2,450,000 | 2,690,000 |
| Cash | 4,195,000 | 3,230,000 | 5,023,000 | 3,109,000 | 3,228,000 | 3,450,000 | 2,454,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,493,000 | 13,234,000 | 18,269,000 | 16,733,000 | 16,617,000 | 19,472,000 | 14,691,000 |
| total assets | 28,925,000 | 29,070,000 | 37,843,000 | 40,721,000 | 42,369,000 | 47,114,000 | 45,342,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,000,000 | 0 | 0 |
| Bank loan | 928,000 | 1,000,000 | 587,000 | 1,585,000 | 0 | 1,029,000 | 0 |
| Trade Creditors | 8,296,000 | 7,708,000 | 1,792,000 | 2,375,000 | 2,427,000 | 2,696,000 | 2,495,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,725,000 | 1,209,000 | 0 | 4,469,000 | 4,379,000 | 7,096,000 | 5,028,000 |
| hp & lease commitments | 103,000 | 17,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,128,000 | 7,152,000 | 15,839,000 | 9,234,000 | 0 | 7,203,000 | 5,425,000 |
| total current liabilities | 20,180,000 | 17,086,000 | 18,218,000 | 17,663,000 | 15,284,000 | 18,024,000 | 12,948,000 |
| loans | 15,571,000 | 17,181,000 | 22,079,000 | 22,079,000 | 0 | 24,633,000 | 26,856,000 |
| hp & lease commitments | 255,000 | 54,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 3,644,000 | 2,758,000 | 0 | 992,000 | 109,000 |
| other liabilities | 3,901,000 | 3,426,000 | 0 | 388,000 | 0 | 0 | 0 |
| provisions | 1,278,000 | 1,683,000 | 2,155,000 | 2,621,000 | 0 | 4,010,000 | 4,623,000 |
| total long term liabilities | 21,005,000 | 22,344,000 | 27,878,000 | 27,846,000 | 29,157,000 | 29,635,000 | 31,588,000 |
| total liabilities | 41,185,000 | 39,430,000 | 46,096,000 | 45,509,000 | 44,441,000 | 47,659,000 | 44,536,000 |
| net assets | -12,260,000 | -10,360,000 | -8,253,000 | -4,788,000 | -2,072,000 | -545,000 | 806,000 |
| total shareholders funds | -12,260,000 | -10,360,000 | -8,253,000 | -4,788,000 | -2,072,000 | -545,000 | 806,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 161,000 | 63,000 | -1,174,000 | -198,000 | 1,345,000 | 1,422,000 | 207,000 |
| Depreciation | 437,000 | 194,000 | 290,000 | 321,000 | 330,000 | 318,000 | 31,000 |
| Amortisation | 3,234,000 | 3,152,000 | 3,215,000 | 3,141,000 | 3,037,000 | 261,000 | |
| Tax | -105,000 | 3,000 | 125,000 | -49,000 | -177,000 | -61,000 | -8,000 |
| Stock | 4,000 | 12,000 | -12,000 | 8,000 | 4,000 | 12,000 | 60,000 |
| Debtors | 290,000 | -3,654,000 | -1,466,000 | 4,342,000 | -5,252,000 | 3,773,000 | 12,177,000 |
| Creditors | 588,000 | 5,916,000 | -583,000 | -52,000 | -269,000 | 201,000 | 2,495,000 |
| Accruals and Deferred Income | 1,976,000 | -12,331,000 | 7,491,000 | 11,992,000 | -8,195,000 | 2,661,000 | 5,534,000 |
| Deferred Taxes & Provisions | -405,000 | -472,000 | -466,000 | 2,621,000 | -4,010,000 | -613,000 | 4,623,000 |
| Cash flow from operations | 5,592,000 | 167,000 | 10,376,000 | 13,426,000 | 3,180,000 | 906,000 | |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | -454,000 | -27,660,000 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -454,000 | -27,660,000 | |
| Financing Activities | |||||||
| Bank loans | -72,000 | 413,000 | -998,000 | 1,585,000 | -1,029,000 | 1,029,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 516,000 | 1,209,000 | -4,469,000 | 90,000 | -2,717,000 | 2,068,000 | 5,028,000 |
| Long term loans | -1,610,000 | -4,898,000 | 0 | 22,079,000 | -24,633,000 | -2,223,000 | 26,856,000 |
| Hire Purchase and Lease Commitments | 287,000 | 71,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 475,000 | 3,426,000 | -388,000 | 388,000 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -1,956,000 | -2,173,000 | -2,416,000 | -2,552,000 | -2,712,000 | -311,000 | |
| cash flow from financing | -2,360,000 | -1,952,000 | -8,271,000 | 21,673,000 | -1,838,000 | 32,491,000 | |
| cash and cash equivalents | |||||||
| cash | 965,000 | -1,793,000 | 1,914,000 | -119,000 | -222,000 | 996,000 | 2,454,000 |
| overdraft | 0 | 0 | 0 | -1,000,000 | 1,000,000 | 0 | 0 |
| change in cash | 965,000 | -1,793,000 | 1,914,000 | 881,000 | -1,222,000 | 996,000 | 2,454,000 |
grouse topco limited Credit Report and Business Information
Grouse Topco Limited Competitor Analysis
Perform a competitor analysis for grouse topco limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
grouse topco limited Ownership
GROUSE TOPCO LIMITED group structure
Grouse Topco Limited has 1 subsidiary company.
grouse topco limited directors
Grouse Topco Limited currently has 4 directors. The longest serving directors include Mr Patrick Keenan (Oct 2016) and Mr Stephen Gallucci (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Keenan | 57 years | Oct 2016 | - | Director | |
| Mr Stephen Gallucci | United Kingdom | 55 years | Nov 2016 | - | Director |
| Mr John Marsh | England | 44 years | Nov 2018 | - | Director |
| Mr Russell Ward | England | 62 years | Jan 2020 | - | Director |
P&L
December 2022turnover
138.2m
+10%
operating profit
161k
+156%
gross margin
12.9%
+3.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-12.3m
+0.18%
total assets
28.9m
0%
cash
4.2m
+0.3%
net assets
Total assets minus all liabilities
Similar Companies
grouse topco limited company details
company number
10433106
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
October 2016
age
8
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
the barn philpots close, west drayton, UB7 7RY
last accounts submitted
December 2022
grouse 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 found 3 charges/mortgages relating to grouse topco limited. Currently there are 3 open charges and 0 have been satisfied in the past.
grouse topco limited Companies House Filings - See Documents
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