theo topco limited
theo topco limited Company Information
Company Number
10756646
Website
-Registered Address
baines house midgery court, pittman way, preston, PR2 9ZH
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 2025
Group Structure
View All
Shareholders
partners group global value sicav 11.5%
win alt ic limited 8.5%
View Alltheo topco limited Estimated Valuation
Pomanda estimates the enterprise value of THEO TOPCO LIMITED at £417.9m based on a Turnover of £104.8m and 3.99x industry multiple (adjusted for size and gross margin).
theo topco limited Estimated Valuation
Pomanda estimates the enterprise value of THEO TOPCO LIMITED at £128.4m based on an EBITDA of £8.4m and a 15.27x industry multiple (adjusted for size and gross margin).
theo topco limited Estimated Valuation
Pomanda estimates the enterprise value of THEO TOPCO LIMITED at £0 based on Net Assets of £-5.6m and 1.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Theo Topco Limited Overview
Theo Topco Limited is a live company located in preston, PR2 9ZH with a Companies House number of 10756646. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2017, it's largest shareholder is partners group global value sicav with a 11.5% stake. Theo Topco Limited is a young, mega sized company, Pomanda has estimated its turnover at £104.8m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Theo Topco Limited Health Check
Pomanda's financial health check has awarded Theo Topco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £104.8m, make it larger than the average company (£19.3m)
£104.8m - Theo Topco Limited
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.6%)
3% - Theo Topco Limited
10.6% - Industry AVG
Production
with a gross margin of 72%, this company has a lower cost of product (36.2%)
72% - Theo Topco Limited
36.2% - Industry AVG
Profitability
an operating margin of -6.2% make it less profitable than the average company (4.6%)
-6.2% - Theo Topco Limited
4.6% - Industry AVG
Employees
with 610 employees, this is above the industry average (107)
610 - Theo Topco Limited
107 - Industry AVG
Pay Structure
on an average salary of £50.5k, the company has an equivalent pay structure (£44.9k)
£50.5k - Theo Topco Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £171.8k, this is equally as efficient (£193.3k)
£171.8k - Theo Topco Limited
£193.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (45 days)
4 days - Theo Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (44 days)
41 days - Theo Topco Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Theo Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (14 weeks)
28 weeks - Theo Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.9%, this is a higher level of debt than the average (69.5%)
102.9% - Theo Topco Limited
69.5% - Industry AVG
THEO TOPCO LIMITED financials
Theo Topco Limited's latest turnover from December 2023 is £104.8 million and the company has net assets of -£5.6 million. According to their latest financial statements, Theo Topco Limited has 610 employees and maintains cash reserves of £8.2 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 | 104,775,000 | 198,670,000 | 113,021,000 | 95,666,000 | 98,066,000 | 88,128,000 | 31,003,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 29,389,000 | 68,871,000 | 28,536,000 | 20,401,000 | 15,047,000 | 9,508,000 | 3,147,000 |
| Gross Profit | 75,386,000 | 129,799,000 | 84,485,000 | 75,265,000 | 83,019,000 | 78,620,000 | 27,856,000 |
| Admin Expenses | 81,916,000 | 103,726,000 | 81,355,000 | 74,135,000 | 88,215,000 | 82,556,000 | 28,636,000 |
| Operating Profit | -6,530,000 | 26,073,000 | 3,130,000 | 1,130,000 | -5,196,000 | -3,936,000 | -780,000 |
| Interest Payable | 14,758,000 | 11,157,000 | 11,279,000 | 11,863,000 | 10,844,000 | 10,423,000 | 4,160,000 |
| Interest Receivable | 186,000 | 24,000 | 272,000 | 118,000 | 0 | 69,000 | 7,000 |
| Pre-Tax Profit | -21,102,000 | 14,940,000 | -7,877,000 | -10,615,000 | -16,040,000 | -14,290,000 | -4,934,000 |
| Tax | 3,732,000 | -3,777,000 | -3,156,000 | -554,000 | -735,000 | -1,220,000 | -758,000 |
| Profit After Tax | -17,370,000 | 11,163,000 | -11,033,000 | -11,169,000 | -16,775,000 | -15,510,000 | -5,692,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -17,369,000 | 9,733,000 | -11,592,000 | -11,338,000 | -17,004,000 | -15,510,000 | -5,692,000 |
| Employee Costs | 30,787,000 | 37,437,000 | 27,537,000 | 27,055,000 | 24,093,000 | 23,386,000 | 8,445,000 |
| Number Of Employees | 610 | 687 | 569 | 548 | 546 | 476 | 409 |
| EBITDA* | 8,409,000 | 39,897,000 | 15,787,000 | 12,450,000 | 17,349,000 | 17,309,000 | 7,880,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,099,000 | 2,243,000 | 4,377,000 | 6,171,000 | 1,992,000 | 1,238,000 | 908,000 |
| Intangible Assets | 176,737,000 | 183,892,000 | 184,494,000 | 188,393,000 | 192,913,000 | 209,199,000 | 224,499,000 |
| Investments & Other | 0 | 0 | 22,000 | 0 | 750,000 | 521,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 581,000 | 77,000 | 159,000 | 51,000 |
| Total Fixed Assets | 178,836,000 | 186,135,000 | 188,871,000 | 193,983,000 | 195,732,000 | 211,117,000 | 225,458,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,383,000 | 1,486,000 | 1,385,000 | 1,728,000 | 1,828,000 | 1,866,000 | 922,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,934,000 | 6,014,000 | 4,433,000 | 3,722,000 | 3,725,000 | 1,468,000 | 1,614,000 |
| Cash | 8,239,000 | 27,694,000 | 17,109,000 | 24,312,000 | 22,042,000 | 13,996,000 | 13,656,000 |
| misc current assets | 0 | 0 | 292,000 | 20,000 | 0 | 0 | 0 |
| total current assets | 14,556,000 | 35,697,000 | 23,824,000 | 31,120,000 | 27,595,000 | 17,330,000 | 16,192,000 |
| total assets | 193,392,000 | 221,832,000 | 212,695,000 | 225,103,000 | 223,327,000 | 228,447,000 | 241,650,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,362,000 | 4,117,000 | 3,768,000 | 3,008,000 | 2,734,000 | 431,000 | 619,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 694,000 | 595,000 | 493,000 | 472,000 | 0 | 0 | 0 |
| other current liabilities | 10,866,000 | 18,771,000 | 16,752,000 | 10,162,000 | 11,263,000 | 10,521,000 | 14,239,000 |
| total current liabilities | 14,922,000 | 23,483,000 | 21,013,000 | 13,642,000 | 13,997,000 | 10,952,000 | 14,858,000 |
| loans | 339,764,000 | 327,001,000 | 304,942,000 | 340,476,000 | 156,431,000 | 149,652,000 | 144,435,000 |
| hp & lease commitments | 3,152,000 | 3,624,000 | 2,218,000 | 2,710,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 4,881,000 | 7,500,000 | 0 | 1,000 | 2,000 | 5,000 |
| other liabilities | 0 | 0 | 0 | 0 | 130,000 | 0 | 0 |
| provisions | 25,556,000 | 33,772,000 | 36,782,000 | 32,566,000 | 15,944,000 | 16,231,000 | 15,488,000 |
| total long term liabilities | 184,113,000 | 186,557,000 | 178,362,000 | 186,521,000 | 172,506,000 | 165,885,000 | 159,928,000 |
| total liabilities | 199,035,000 | 210,040,000 | 199,375,000 | 200,163,000 | 186,503,000 | 176,837,000 | 174,786,000 |
| net assets | -5,647,000 | 11,787,000 | 13,320,000 | 24,940,000 | 36,824,000 | 51,610,000 | 66,864,000 |
| total shareholders funds | -5,647,000 | 11,787,000 | 13,320,000 | 24,940,000 | 36,824,000 | 51,610,000 | 66,864,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -6,530,000 | 26,073,000 | 3,130,000 | 1,130,000 | -5,196,000 | -3,936,000 | -780,000 |
| Depreciation | 663,000 | 772,000 | 976,000 | 980,000 | 573,000 | 251,000 | 530,000 |
| Amortisation | 14,276,000 | 13,052,000 | 11,681,000 | 10,340,000 | 21,972,000 | 20,994,000 | 8,130,000 |
| Tax | 3,732,000 | -3,777,000 | -3,156,000 | -554,000 | -735,000 | -1,220,000 | -758,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,183,000 | 1,682,000 | -213,000 | 401,000 | 2,137,000 | 906,000 | 2,587,000 |
| Creditors | -755,000 | 349,000 | 760,000 | 274,000 | 2,303,000 | -188,000 | 619,000 |
| Accruals and Deferred Income | -12,786,000 | -600,000 | 14,090,000 | -1,102,000 | 741,000 | -3,721,000 | 14,244,000 |
| Deferred Taxes & Provisions | -8,216,000 | -3,010,000 | 4,216,000 | 16,622,000 | -287,000 | 743,000 | 15,488,000 |
| Cash flow from operations | -8,433,000 | 31,177,000 | 31,910,000 | 27,289,000 | 17,234,000 | 12,017,000 | 34,886,000 |
| Investing Activities | |||||||
| capital expenditure | 0 | -6,429,000 | 11,344,000 | ||||
| Change in Investments | 0 | -22,000 | 22,000 | -750,000 | 229,000 | 521,000 | 0 |
| cash flow from investments | -229,000 | -6,950,000 | 11,344,000 | ||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 12,763,000 | 22,059,000 | -35,534,000 | 184,045,000 | 6,779,000 | 5,217,000 | 144,435,000 |
| Hire Purchase and Lease Commitments | -373,000 | 1,508,000 | -471,000 | 3,182,000 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -130,000 | 130,000 | 0 | 0 |
| share issue | |||||||
| interest | -14,572,000 | -11,133,000 | -11,007,000 | -11,745,000 | -10,844,000 | -10,354,000 | -4,153,000 |
| cash flow from financing | -2,247,000 | 1,168,000 | -47,040,000 | 174,806,000 | -1,717,000 | -4,881,000 | 212,838,000 |
| cash and cash equivalents | |||||||
| cash | -19,455,000 | 10,585,000 | -7,203,000 | 2,270,000 | 8,046,000 | 340,000 | 13,656,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -19,455,000 | 10,585,000 | -7,203,000 | 2,270,000 | 8,046,000 | 340,000 | 13,656,000 |
theo topco limited Credit Report and Business Information
Theo Topco Limited Competitor Analysis
Perform a competitor analysis for theo topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in PR2 area or any other competitors across 12 key performance metrics.
theo topco limited Ownership
THEO TOPCO LIMITED group structure
Theo Topco Limited has 1 subsidiary company.
theo topco limited directors
Theo Topco Limited currently has 7 directors. The longest serving directors include Mr Andrew Deakin (May 2017) and Mr Lukas Bucher (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Deakin | United Kingdom | 51 years | May 2017 | - | Director |
| Mr Lukas Bucher | United Kingdom | 48 years | May 2017 | - | Director |
| Mr Simon Thompson | United Kingdom | 52 years | Aug 2017 | - | Director |
| Mr Steve Groves | England | 49 years | Dec 2017 | - | Director |
| Mr David Young | England | 63 years | Dec 2017 | - | Director |
| Mr Simon Drew | United Kingdom | 55 years | Apr 2021 | - | Director |
| Ms Jane Kennedy (A) | United Kingdom | 61 years | Feb 2024 | - | Director |
P&L
December 2023turnover
104.8m
-47%
operating profit
-6.5m
-125%
gross margin
72%
+10.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5.6m
-1.48%
total assets
193.4m
-0.13%
cash
8.2m
-0.7%
net assets
Total assets minus all liabilities
theo topco limited company details
company number
10756646
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
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
baines house midgery court, pittman way, preston, PR2 9ZH
Bank
-
Legal Advisor
-
theo 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 theo topco limited.
theo topco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
