Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
bates house church road, harold wood, essex, RM3 0SD
Pomanda estimates the enterprise value of XTERA TOPCO LIMITED at £11.4m based on a Turnover of £7.6m and 1.5x industry multiple (adjusted for size and gross margin).
xtera topco limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of XTERA TOPCO LIMITED at £0 based on an EBITDA of £-5.5m and a 6.29x industry multiple (adjusted for size and gross margin).
xtera topco limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of XTERA TOPCO LIMITED at £0 based on Net Assets of £-12.8m and 1.31x industry multiple (adjusted for liquidity).
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Xtera Topco LimitedOverview
Xtera Topco Limited is a live company located in essex, RM3 0SD with a Companies House number of 10580604. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2017, it's largest shareholder is
h l g europe-neptune ltd
with a 100% stake. Xtera Topco Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£7.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Xtera Topco Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
9 Weak
Size
annual sales of £7.6m, make it smaller than the average company (£18.9m)
£7.6m - Xtera Topco Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (10.5%)
-25% - Xtera Topco Limited
10.5% - Industry AVG
Production
with a gross margin of 47.9%, this company has a lower cost of product (36.3%)
47.9% - Xtera Topco Limited
36.3% - Industry AVG
Profitability
an operating margin of -74.6% make it less profitable than the average company (4.5%)
-74.6% - Xtera Topco Limited
4.5% - Industry AVG
Employees
with 46 employees, this is below the industry average (104)
46 - Xtera Topco Limited
104 - Industry AVG
Pay Structure
on an average salary of £109.8k, the company has a higher pay structure (£44.7k)
£109.8k - Xtera Topco Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £164.5k, this is equally as efficient (£191k)
£164.5k - Xtera Topco Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 208 days, this is later than average (45 days)
208 days - Xtera Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 513 days, this is slower than average (44 days)
513 days - Xtera Topco Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 419 days, this is more than average (40 days)
419 days - Xtera Topco Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Xtera Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.5%, this is a higher level of debt than the average (69.6%)
149.5% - Xtera Topco Limited
69.6% - Industry AVG
XTERA TOPCO LIMITED financials
EXPORT
Xtera Topco Limited's latest turnover from December 2023 is £7.6 million and the company has net assets of -£12.8 million. According to their latest financial statements, Xtera Topco Limited has 46 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Turnover
7,567,991
3,627,822
40,799,702
17,601,453
7,015,807
34,851,772
12,700,887
Other Income Or Grants
Cost Of Sales
3,942,981
1,298,354
27,924,882
8,947,696
2,633,824
20,180,190
5,978,201
Gross Profit
3,625,010
2,329,468
12,874,821
8,653,757
4,381,984
14,671,582
6,722,686
Admin Expenses
9,268,528
9,255,144
9,089,186
9,005,395
4,790,641
19,757,904
17,509,218
Operating Profit
-5,643,518
-6,925,676
3,785,635
-351,638
-408,657
-5,086,322
-10,786,532
Interest Payable
619,681
460,291
310,557
433,221
462,422
472,204
383,329
Interest Receivable
2,613
137
4,306
8,093
Pre-Tax Profit
-4,460,181
-7,522,515
4,031,666
-1,491,573
-528,049
-6,396,520
-9,530,528
Tax
395,534
654,745
-61,418
757,176
72,690
128,938
-287,414
Profit After Tax
-4,064,647
-6,867,770
3,970,247
-734,397
-455,359
-6,267,581
-9,817,942
Dividends Paid
Retained Profit
-4,064,647
-6,867,770
3,970,247
-734,397
-455,359
-6,267,581
-9,817,942
Employee Costs
5,051,690
5,296,336
5,608,513
5,108,392
4,322,447
4,822,766
5,916,029
Number Of Employees
46
46
46
43
42
45
60
EBITDA*
-5,450,293
-6,692,674
4,048,380
435,757
270,002
-4,309,377
-9,925,893
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
3,503,898
3,119,265
4,899,427
5,076,033
2,968,799
2,575,168
2,720,283
Intangible Assets
1,252,802
1,335,113
398,851
514,543
841,817
1,371,151
1,820,012
Investments & Other
Debtors (Due After 1 year)
2,645,651
2,156,750
2,157,706
2,104,576
841,541
Total Fixed Assets
4,756,700
4,454,378
3,147,899
3,767,124
2,988,421
3,946,319
4,540,295
Stock & work in progress
4,536,173
4,065,870
4,265,998
4,746,294
3,703,423
4,646,663
8,591,900
Trade Debtors
4,331,414
2,013,355
10,199,516
2,097,133
1,349,452
1,823,862
4,538,653
Group Debtors
Misc Debtors
9,536,087
1,021,322
699,500
1,818,466
159,834
Cash
2,729,383
636,275
5,854,630
2,332,255
680,090
3,689,354
8,752,307
misc current assets
1,682,424
3,755,099
5,261,832
total current assets
21,133,059
7,736,824
21,019,646
10,994,150
7,575,225
13,914,978
27,144,693
total assets
25,889,759
12,191,202
24,167,545
14,761,274
10,563,646
17,861,297
31,684,988
Bank overdraft
1
1
1
1
1
Bank loan
6,812,504
5,651,527
6,258,935
4,506,796
4,857,792
1,548,945
Trade Creditors
5,542,539
2,823,415
4,333,712
3,594,825
2,539,812
10,281,100
3,007,426
Group/Directors Accounts
1
1
1
other short term finances
hp & lease commitments
62,346
81,817
124,262
387,879
301,790
other current liabilities
30,767,802
6,264,135
11,382,080
5,734,394
2,729,345
2,926,925
16,602,965
total current liabilities
36,372,689
15,981,873
21,491,583
15,976,037
10,077,747
18,065,818
21,159,339
loans
1,821,344
6,024,466
4,530,826
5,434,952
6,073,819
3,588,776
13,200,480
hp & lease commitments
910,672
968,482
111,616
319,395
485,688
Accruals and Deferred Income
other liabilities
provisions
2,840,920
3,365,338
3,614,054
3,680,980
3,002,112
3,083,313
3,718,716
total long term liabilities
2,331,133
4,694,903
4,072,440
4,557,966
4,537,967
3,352,641
8,500,827
total liabilities
38,703,822
20,676,776
25,564,023
20,534,003
14,615,714
21,418,459
29,660,166
net assets
-12,814,063
-8,485,574
-1,396,478
-5,772,729
-4,052,068
-3,557,162
2,024,822
total shareholders funds
-12,814,063
-8,485,574
-1,396,478
-5,772,730
-4,052,067
-3,557,162
2,024,822
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
-5,643,518
-6,925,676
3,785,635
-351,638
-408,657
-5,086,322
-10,786,532
Depreciation
193,225
233,002
199,470
273,350
248,399
306,837
279,784
Amortisation
63,276
514,045
430,261
470,108
580,855
Tax
395,534
654,745
-61,418
757,176
72,690
128,938
-287,414
Stock
470,303
-200,128
-480,296
1,042,871
-943,240
-3,945,237
8,591,900
Debtors
11,321,725
-7,865,295
7,036,547
3,669,348
526,966
-2,714,792
4,538,653
Creditors
2,719,124
-1,510,297
738,886
1,055,013
-7,741,288
7,273,674
3,007,426
Accruals and Deferred Income
24,503,667
-5,117,945
5,647,686
3,005,049
-197,580
-13,676,040
16,602,965
Deferred Taxes & Provisions
-524,418
-248,716
-66,926
678,868
-81,201
-635,403
3,718,716
Cash flow from operations
9,851,586
-4,849,464
3,750,358
1,219,644
-7,261,102
-4,558,179
-14,753
Investing Activities
capital expenditure
-495,547
610,898
29,552
-2,567,355
-542,957
-182,969
-5,400,934
Change in Investments
cash flow from investments
-495,547
610,898
29,552
-2,567,355
-542,957
-182,969
-5,400,934
Financing Activities
Bank loans
-6,812,504
1,160,977
-607,408
1,752,139
-350,996
3,308,847
1,548,945
Group/Directors Accounts
-1
1
Other Short Term Loans
Long term loans
-4,203,122
1,493,640
-904,126
-638,867
2,485,043
-9,611,704
13,200,480
Hire Purchase and Lease Commitments
-77,281
814,421
-471,396
-80,204
787,478
other long term liabilities
share issue
-263,841
-221,326
406,005
-986,266
-39,546
685,597
11,842,764
interest
-617,068
-460,154
-310,557
-433,221
-462,422
-467,898
-375,236
cash flow from financing
-11,973,816
2,787,558
-1,887,483
-386,419
2,419,557
-6,085,158
26,216,954
cash and cash equivalents
cash
2,093,108
-5,218,355
3,522,375
1,652,165
-3,009,264
-5,062,953
8,752,307
overdraft
-1
1
-1
1
change in cash
2,093,109
-5,218,355
3,522,375
1,652,165
-3,009,265
-5,062,952
8,752,306
xtera topco limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for xtera topco limited. Get real-time insights into xtera topco limited's credit score, group structure and payment trends.
Perform a competitor analysis for xtera topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in RM3 area or any other competitors across 12 key performance metrics.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
HIG EUROPE CAPITAL PARTNERS II LP
accounts
Group
last accounts submitted
December 2023
previous names
neptune subsea acquisitions limited (April 2018)
accountant
-
auditor
GRANT THORNTON UK LLP
address
bates house church road, harold wood, essex, RM3 0SD
Bank
J P MORGAN CHASE BANK
Legal Advisor
-
xtera 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 4 charges/mortgages relating to xtera topco limited. Currently there are 4 open charges and 0 have been satisfied in the past.
xtera 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.
Click to start generating capital raising & share issue transactions for XTERA TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
xtera topco limitedCompanies House Filings - See Documents
