bess holdco 2 limited
bess holdco 2 limited Company Information
Company Number
10671242
Next Accounts
Sep 2025
Shareholders
ifm master holdco
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
burdett house, 15-16 buckingham street, london, WC2N 6DU
Website
http://www.zenobe.combess holdco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of BESS HOLDCO 2 LIMITED at £26.2m based on a Turnover of £13.3m and 1.97x industry multiple (adjusted for size and gross margin).
bess holdco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of BESS HOLDCO 2 LIMITED at £53.6m based on an EBITDA of £6.5m and a 8.23x industry multiple (adjusted for size and gross margin).
bess holdco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of BESS HOLDCO 2 LIMITED at £17.3m based on Net Assets of £13.3m and 1.31x industry multiple (adjusted for liquidity).
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Bess Holdco 2 Limited Overview
Bess Holdco 2 Limited is a live company located in london, WC2N 6DU with a Companies House number of 10671242. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2017, it's largest shareholder is ifm master holdco with a 100% stake. Bess Holdco 2 Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.3m with high growth in recent years.
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Bess Holdco 2 Limited Health Check
Pomanda's financial health check has awarded Bess Holdco 2 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £13.3m, make it smaller than the average company (£18.9m)
£13.3m - Bess Holdco 2 Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (10.5%)
29% - Bess Holdco 2 Limited
10.5% - Industry AVG
Production
with a gross margin of 61.6%, this company has a lower cost of product (36.4%)
61.6% - Bess Holdco 2 Limited
36.4% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (4.5%)
8.6% - Bess Holdco 2 Limited
4.5% - Industry AVG
Employees
with 70 employees, this is below the industry average (104)
- Bess Holdco 2 Limited
104 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Bess Holdco 2 Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £190.4k, this is equally as efficient (£191.2k)
- Bess Holdco 2 Limited
£191.2k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (45 days)
10 days - Bess Holdco 2 Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (44 days)
45 days - Bess Holdco 2 Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bess Holdco 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (14 weeks)
8 weeks - Bess Holdco 2 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (69.6%)
88% - Bess Holdco 2 Limited
69.6% - Industry AVG
BESS HOLDCO 2 LIMITED financials
Bess Holdco 2 Limited's latest turnover from December 2023 is £13.3 million and the company has net assets of £13.3 million. According to their latest financial statements, we estimate that Bess Holdco 2 Limited has 70 employees and maintains cash reserves of £8.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 13,327,690 | 10,934,758 | 8,943,519 | 7,472,941 | 6,215,910 | ||
| Other Income Or Grants | |||||||
| Cost Of Sales | 5,120,122 | 2,568,013 | 2,030,932 | 2,226,415 | 2,312,218 | ||
| Gross Profit | 8,207,568 | 8,366,745 | 6,912,587 | 5,246,526 | 3,903,692 | ||
| Admin Expenses | 7,060,150 | 3,477,904 | 2,261,970 | 3,133,955 | 2,714,500 | ||
| Operating Profit | 1,147,418 | 4,888,841 | 4,650,617 | 2,112,571 | 1,189,192 | ||
| Interest Payable | 1,754,109 | 586,581 | 579,584 | 760,486 | 165,978 | ||
| Interest Receivable | 27,786 | 1,730 | 426 | ||||
| Pre-Tax Profit | -578,905 | 4,302,260 | 4,071,033 | 1,353,815 | 1,023,640 | ||
| Tax | 66,747 | ||||||
| Profit After Tax | -578,905 | 4,302,260 | 4,071,033 | 1,420,562 | 1,023,640 | ||
| Dividends Paid | |||||||
| Retained Profit | -578,905 | 4,302,260 | 4,071,033 | 1,420,562 | 1,023,640 | ||
| Employee Costs | |||||||
| Number Of Employees | 3 | 3 | 3 | 3 | |||
| EBITDA* | 6,519,652 | 7,569,781 | 6,572,502 | 4,684,058 | 3,652,802 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 92,094,043 | 86,828,704 | 47,877,170 | 30,037,369 | 31,312,239 | ||
| Intangible Assets | 1,849,940 | 2,049,933 | 2,249,926 | 2,399,921 | 2,599,914 | ||
| Investments & Other | 2 | 2 | |||||
| Debtors (Due After 1 year) | 563,391 | 1,306,628 | 970,496 | 1,642,837 | 1,764,463 | ||
| Total Fixed Assets | 94,507,374 | 90,185,265 | 51,097,592 | 34,080,127 | 35,676,616 | 2 | 2 |
| Stock & work in progress | |||||||
| Trade Debtors | 371,321 | 479,719 | 57,476 | 114,692 | 857,982 | ||
| Group Debtors | 1,960,095 | 108,099 | 170,725 | ||||
| Misc Debtors | 7,094,904 | 8,153,759 | 1,712,526 | 1,813,840 | 1,680,529 | ||
| Cash | 8,723,971 | 9,888,920 | 8,257,648 | 5,734,743 | 1,408,664 | 303 | |
| misc current assets | |||||||
| total current assets | 16,190,196 | 18,522,398 | 11,987,745 | 7,771,374 | 4,117,900 | 303 | |
| total assets | 110,697,570 | 108,707,663 | 63,085,337 | 41,851,501 | 39,794,516 | 305 | 2 |
| Bank overdraft | 35 | ||||||
| Bank loan | 4,175,098 | 2,580,502 | 3,541,932 | 1,128,830 | 771,107 | ||
| Trade Creditors | 637,870 | 8,952,146 | 2,772,196 | 498,414 | 208,716 | ||
| Group/Directors Accounts | 45,334,559 | 43,280,708 | 33,964,957 | 28,075,503 | 27,472,759 | 3,413 | 1 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 4,502,634 | 5,125,284 | 860,540 | 1,218,666 | 843,600 | 1,750 | 1,750 |
| total current liabilities | 54,650,161 | 59,938,640 | 41,139,625 | 30,921,413 | 29,296,182 | 5,163 | 1,786 |
| loans | 42,755,004 | 32,859,930 | 14,754,472 | 7,555,490 | 8,565,338 | ||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 42,755,004 | 32,859,930 | 14,754,472 | 7,555,490 | 8,565,338 | ||
| total liabilities | 97,405,165 | 92,798,570 | 55,894,097 | 38,476,903 | 37,861,520 | 5,163 | 1,786 |
| net assets | 13,292,405 | 15,909,093 | 7,191,240 | 3,374,598 | 1,932,996 | -4,858 | -1,784 |
| total shareholders funds | 13,292,405 | 15,909,093 | 7,191,240 | 3,374,598 | 1,932,996 | -4,858 | -1,784 |
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,147,418 | 4,888,841 | 4,650,617 | 2,112,571 | 1,189,192 | ||
| Depreciation | 5,172,241 | 2,480,947 | 1,771,890 | 2,371,494 | 2,263,617 | ||
| Amortisation | 199,993 | 199,993 | 149,995 | 199,993 | 199,993 | ||
| Tax | 66,747 | ||||||
| Stock | |||||||
| Debtors | -1,910,490 | 5,239,513 | 226,894 | -794,231 | 4,473,699 | ||
| Creditors | -8,314,276 | 6,179,950 | 2,563,480 | 289,698 | 208,716 | ||
| Accruals and Deferred Income | -622,650 | 4,264,744 | 16,940 | 375,066 | 841,850 | 1,750 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -506,784 | 12,774,962 | 8,926,028 | 6,209,800 | 229,669 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -2 | 2 | |||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 1,594,596 | -961,430 | 2,770,825 | 357,723 | 771,107 | ||
| Group/Directors Accounts | 2,053,851 | 9,315,751 | 6,492,198 | 602,744 | 27,469,346 | 3,412 | 1 |
| Other Short Term Loans | |||||||
| Long term loans | 9,895,074 | 18,105,458 | 6,189,134 | -1,009,848 | 8,565,338 | ||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -1,726,323 | -586,581 | -579,584 | -758,756 | -165,552 | ||
| cash flow from financing | 9,779,415 | 30,288,791 | 16,059,784 | -787,097 | 37,554,453 | ||
| cash and cash equivalents | |||||||
| cash | -1,164,949 | 1,631,272 | 6,848,984 | 4,326,079 | 1,408,361 | 303 | |
| overdraft | -35 | 35 | |||||
| change in cash | -1,164,949 | 1,631,272 | 6,848,984 | 4,326,079 | 1,408,361 | 338 | -35 |
bess holdco 2 limited Credit Report and Business Information
Bess Holdco 2 Limited Competitor Analysis
Perform a competitor analysis for bess holdco 2 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in WC2N area or any other competitors across 12 key performance metrics.
bess holdco 2 limited Ownership
BESS HOLDCO 2 LIMITED group structure
Bess Holdco 2 Limited has 6 subsidiary companies.
Ultimate parent company
2 parents
BESS HOLDCO 2 LIMITED
10671242
6 subsidiaries
bess holdco 2 limited directors
Bess Holdco 2 Limited currently has 2 directors. The longest serving directors include Mr James Basden (Jul 2017) and Mr Steven Meersman (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Basden | England | 57 years | Jul 2017 | - | Director |
| Mr Steven Meersman | England | 38 years | Jan 2018 | - | Director |
P&L
December 2023turnover
13.3m
+22%
operating profit
1.1m
-77%
gross margin
61.6%
-19.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.3m
-0.16%
total assets
110.7m
+0.02%
cash
8.7m
-0.12%
net assets
Total assets minus all liabilities
bess holdco 2 limited company details
company number
10671242
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
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
bess spv 2 limited (September 2017)
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
burdett house, 15-16 buckingham street, london, WC2N 6DU
Bank
-
Legal Advisor
-
bess holdco 2 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 bess holdco 2 limited. Currently there are 3 open charges and 1 have been satisfied in the past.
bess holdco 2 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 BESS HOLDCO 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
bess holdco 2 limited Companies House Filings - See Documents
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