sapling topco limited
sapling topco limited Company Information
Company Number
10438473
Next Accounts
1123 days late
Industry
Computer consultancy activities
Shareholders
accenture (uk) limited
Group Structure
View All
Contact
Registered Address
c/o quantuma advisory limited, 7, 20 st. andrew street, london, EC4A 3AG
Website
www.saplingtopco.comsapling topco limited Estimated Valuation
Pomanda estimates the enterprise value of SAPLING TOPCO LIMITED at £50.6m based on a Turnover of £43.1m and 1.17x industry multiple (adjusted for size and gross margin).
sapling topco limited Estimated Valuation
Pomanda estimates the enterprise value of SAPLING TOPCO LIMITED at £41.1m based on an EBITDA of £5m and a 8.15x industry multiple (adjusted for size and gross margin).
sapling topco limited Estimated Valuation
Pomanda estimates the enterprise value of SAPLING TOPCO LIMITED at £0 based on Net Assets of £-81.1m and 2.29x industry multiple (adjusted for liquidity).
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Sapling Topco Limited Overview
Sapling Topco Limited is a live company located in london, EC4A 3AG with a Companies House number of 10438473. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2016, it's largest shareholder is accenture (uk) limited with a 100% stake. Sapling Topco Limited is a young, large sized company, Pomanda has estimated its turnover at £43.1m with rapid growth in recent years.
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Sapling Topco Limited Health Check
Pomanda's financial health check has awarded Sapling Topco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £43.1m, make it larger than the average company (£186.6k)
£43.1m - Sapling Topco Limited
£186.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (5.1%)
54% - Sapling Topco Limited
5.1% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (52.4%)
28.2% - Sapling Topco Limited
52.4% - Industry AVG
Profitability
an operating margin of -45.7% make it less profitable than the average company (7.3%)
-45.7% - Sapling Topco Limited
7.3% - Industry AVG
Employees
with 206 employees, this is above the industry average (5)
206 - Sapling Topco Limited
5 - Industry AVG
Pay Structure
on an average salary of £75k, the company has a higher pay structure (£48.3k)
£75k - Sapling Topco Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £209.1k, this is more efficient (£113.8k)
£209.1k - Sapling Topco Limited
£113.8k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is near the average (70 days)
81 days - Sapling Topco Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (32 days)
25 days - Sapling Topco Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sapling Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (23 weeks)
9 weeks - Sapling Topco Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 207.4%, this is a higher level of debt than the average (55.3%)
207.4% - Sapling Topco Limited
55.3% - Industry AVG
SAPLING TOPCO LIMITED financials
Sapling Topco Limited's latest turnover from March 2020 is £43.1 million and the company has net assets of -£81.1 million. According to their latest financial statements, Sapling Topco Limited has 206 employees and maintains cash reserves of £6.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|
| Turnover | 43,083,433 | 38,751,086 | 39,434,774 | 11,905,251 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 30,950,682 | 26,970,065 | 28,030,562 | 8,071,972 |
| Gross Profit | 12,132,751 | 11,781,021 | 11,404,212 | 3,833,279 |
| Admin Expenses | 31,829,426 | 35,954,030 | 16,741,952 | 1,587,042 |
| Operating Profit | -19,696,675 | -24,173,009 | -5,337,740 | 2,246,237 |
| Interest Payable | 11,448,164 | 10,604,450 | 9,932,822 | 2,653,651 |
| Interest Receivable | 48,052 | 65,721 | 9,297 | 2 |
| Pre-Tax Profit | -31,096,787 | -34,711,738 | -15,261,265 | -3,999,018 |
| Tax | 1,265,105 | 1,644,554 | -2,972 | 185,739 |
| Profit After Tax | -29,831,682 | -33,067,184 | -15,264,237 | -3,813,279 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -29,831,682 | -33,067,184 | -15,264,237 | -3,813,279 |
| Employee Costs | 15,441,031 | 14,525,972 | 16,698,728 | 5,587,044 |
| Number Of Employees | 206 | 210 | 264 | 234 |
| EBITDA* | 5,042,114 | 4,910,795 | 6,045,754 | 5,837,843 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|
| Tangible Assets | 231,082 | 244,755 | 313,368 | 304,184 |
| Intangible Assets | 53,240,233 | 77,679,032 | 106,405,317 | 118,178,653 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 53,471,315 | 77,923,787 | 106,718,685 | 118,482,837 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,570,828 | 12,325,454 | 8,044,483 | 6,022,907 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,419,355 | 2,087,762 | 1,402,112 | 1,864,448 |
| Cash | 6,057,873 | 9,411,543 | 9,185,918 | 7,113,118 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 22,048,056 | 23,824,759 | 18,632,513 | 15,000,473 |
| total assets | 75,519,371 | 101,748,546 | 125,351,198 | 133,483,310 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 26,453,961 | 1,210,488 | 1,078,676 | 641,176 |
| Trade Creditors | 2,160,705 | 4,446,683 | 4,313,695 | 945,659 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 14,800 | 59,429 | 74,249 | 51,331 |
| other current liabilities | 4,390,326 | 4,583,973 | 3,223,160 | 3,466,593 |
| total current liabilities | 33,019,792 | 10,300,573 | 8,689,780 | 5,104,759 |
| loans | 76,391,365 | 104,335,213 | 107,971,346 | 108,982,244 |
| hp & lease commitments | 10,229 | 7,111 | 64,227 | 81,320 |
| Accruals and Deferred Income | 43,191,323 | 32,528,887 | 18,808,254 | 13,236,689 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 4,038,201 | 5,876,619 | 8,050,264 | 8,944,077 |
| total long term liabilities | 123,631,118 | 142,747,830 | 134,894,091 | 131,244,330 |
| total liabilities | 156,650,910 | 153,048,403 | 143,583,871 | 136,349,089 |
| net assets | -81,131,539 | -51,299,857 | -18,232,673 | -2,865,779 |
| total shareholders funds | -81,131,539 | -51,299,857 | -18,232,673 | -2,865,779 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -19,696,675 | -24,173,009 | -5,337,740 | 2,246,237 |
| Depreciation | 189,028 | 220,248 | 184,011 | 36,945 |
| Amortisation | 24,549,761 | 28,863,556 | 11,199,483 | 3,554,661 |
| Tax | 1,265,105 | 1,644,554 | -2,972 | 185,739 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 1,576,967 | 4,966,621 | 1,559,240 | 7,887,355 |
| Creditors | -2,285,978 | 132,988 | 3,368,036 | 945,659 |
| Accruals and Deferred Income | 10,468,789 | 15,081,446 | 5,328,132 | 16,703,282 |
| Deferred Taxes & Provisions | -1,838,418 | -2,173,645 | -893,813 | 8,944,077 |
| Cash flow from operations | 11,074,645 | 14,629,517 | 12,285,897 | 24,729,245 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | -555,218 | -16,522 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -555,218 | -16,522 |
| Financing Activities | ||||
| Bank loans | 25,243,473 | 131,812 | 437,500 | 641,176 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -27,943,848 | -3,636,133 | -1,010,898 | 108,982,244 |
| Hire Purchase and Lease Commitments | -41,511 | -71,936 | 5,825 | 132,651 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -11,400,112 | -10,538,729 | -9,923,525 | -2,653,649 |
| cash flow from financing | -14,141,998 | -14,114,986 | -10,593,755 | 108,049,922 |
| cash and cash equivalents | ||||
| cash | -3,353,670 | 225,625 | 2,072,800 | 7,113,118 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -3,353,670 | 225,625 | 2,072,800 | 7,113,118 |
sapling topco limited Credit Report and Business Information
Sapling Topco Limited Competitor Analysis
Perform a competitor analysis for sapling topco limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC4A area or any other competitors across 12 key performance metrics.
sapling topco limited Ownership
SAPLING TOPCO LIMITED group structure
Sapling Topco Limited has 1 subsidiary company.
Ultimate parent company
ACCENTURE PUBLIC LIMITED COMPANY
IE471706
2 parents
SAPLING TOPCO LIMITED
10438473
1 subsidiary
sapling topco limited directors
Sapling Topco Limited currently has 2 directors. The longest serving directors include Mr Paul McKay (Feb 2020) and Mr Derek Simpson (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McKay | Scotland | 56 years | Feb 2020 | - | Director |
| Mr Derek Simpson | 63 years | Jan 2022 | - | Director |
P&L
March 2020turnover
43.1m
+11%
operating profit
-19.7m
-19%
gross margin
28.2%
-7.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
-81.1m
+0.58%
total assets
75.5m
-0.26%
cash
6.1m
-0.36%
net assets
Total assets minus all liabilities
sapling topco limited company details
company number
10438473
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2020
previous names
aghoco 1468 limited (November 2016)
accountant
-
auditor
RSM UK AUDIT LLP
address
c/o quantuma advisory limited, 7, 20 st. andrew street, london, EC4A 3AG
Bank
-
Legal Advisor
-
sapling 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 sapling topco limited.
sapling 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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sapling topco limited Companies House Filings - See Documents
| date | description | view/download |
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