project vincent topco limited
project vincent topco limited Company Information
Company Number
10827720
Next Accounts
190 days late
Shareholders
nominee of acting on behalf of livingbridge enterprise 2 lp
scott andrew hardy behrens
View AllGroup Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
c/o interpath limited, 10 fleet place, london, EC4M 7RB
Website
superbikefactory.co.ukproject vincent topco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT VINCENT TOPCO LIMITED at £40m based on a Turnover of £56.3m and 0.71x industry multiple (adjusted for size and gross margin).
project vincent topco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT VINCENT TOPCO LIMITED at £1.5m based on an EBITDA of £252k and a 6.12x industry multiple (adjusted for size and gross margin).
project vincent topco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT VINCENT TOPCO LIMITED at £0 based on Net Assets of £-21.8m and 2.61x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Project Vincent Topco Limited Overview
Project Vincent Topco Limited is a live company located in london, EC4M 7RB with a Companies House number of 10827720. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in June 2017, it's largest shareholder is nominee of acting on behalf of livingbridge enterprise 2 lp with a 55.9% stake. Project Vincent Topco Limited is a young, large sized company, Pomanda has estimated its turnover at £56.3m with high growth in recent years.
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Project Vincent Topco Limited Health Check
Pomanda's financial health check has awarded Project Vincent Topco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £61.1m, make it larger than the average company (£372k)
£61.1m - Project Vincent Topco Limited
£372k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (3.2%)
33% - Project Vincent Topco Limited
3.2% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (61.3%)
19.8% - Project Vincent Topco Limited
61.3% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (8.6%)
0.4% - Project Vincent Topco Limited
8.6% - Industry AVG
Employees
with 214 employees, this is above the industry average (4)
214 - Project Vincent Topco Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has a lower pay structure (£47.7k)
£30.4k - Project Vincent Topco Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £285.4k, this is more efficient (£112.5k)
£285.4k - Project Vincent Topco Limited
£112.5k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (73 days)
9 days - Project Vincent Topco Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (32 days)
14 days - Project Vincent Topco Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 112 days, this is more than average (28 days)
112 days - Project Vincent Topco Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (30 weeks)
16 weeks - Project Vincent Topco Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.6%, this is a higher level of debt than the average (56.1%)
125.6% - Project Vincent Topco Limited
56.1% - Industry AVG
PROJECT VINCENT TOPCO LIMITED financials
Project Vincent Topco Limited's latest turnover from December 2022 is £56.3 million and the company has net assets of -£21.8 million. According to their latest financial statements, Project Vincent Topco Limited has 288 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 56,295,000 | 61,080,000 | 37,064,705 | 29,005,988 | 26,173,103 | 14,252,922 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 46,540,000 | 48,994,000 | 29,987,559 | 23,949,003 | 19,305,799 | 10,837,986 |
| Gross Profit | 9,755,000 | 12,086,000 | 7,077,146 | 5,056,985 | 6,867,304 | 3,414,936 |
| Admin Expenses | 11,425,000 | 11,852,000 | 5,215,340 | 5,289,126 | 8,332,245 | 4,347,417 |
| Operating Profit | -1,670,000 | 234,000 | 1,861,806 | -232,141 | -1,464,941 | -932,481 |
| Interest Payable | 4,705,000 | 4,859,000 | 4,101,949 | 2,762,757 | 2,565,427 | 1,459,507 |
| Interest Receivable | 241 | 778 | 70 | |||
| Pre-Tax Profit | -6,375,000 | -4,625,000 | -2,240,143 | -2,994,657 | -4,029,590 | -2,391,918 |
| Tax | 621,000 | 3,000 | -316,893 | 130,067 | 90,259 | -52,878 |
| Profit After Tax | -5,754,000 | -4,622,000 | -2,557,036 | -2,864,590 | -3,939,331 | -2,444,796 |
| Dividends Paid | ||||||
| Retained Profit | -5,754,000 | -4,622,000 | -2,557,036 | -2,864,590 | -3,939,331 | -2,444,796 |
| Employee Costs | 5,273,000 | 6,513,000 | 3,785,856 | 4,342,335 | 3,763,914 | 1,742,082 |
| Number Of Employees | 288 | 214 | 120 | 120 | 127 | 95 |
| EBITDA* | 252,000 | 389,277,000 | 2,432,810 | 77,637 | 939,726 | 602,945 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 14,240,000 | 8,062,000 | 3,576,418 | 3,887,747 | 369,955 | 335,406 |
| Intangible Assets | 33,040,000 | 33,268,000 | 18,349,995 | 18,212,627 | 18,171,342 | 20,215,839 |
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 207,352 | |||||
| Total Fixed Assets | 47,280,000 | 41,330,000 | 21,926,413 | 21,893,022 | 18,541,297 | 20,551,245 |
| Stock & work in progress | 16,919,000 | 15,092,000 | 5,599,713 | 3,774,037 | 2,770,278 | 2,355,044 |
| Trade Debtors | 521,000 | 1,533,000 | 194,512 | 113,213 | 115,316 | 124,755 |
| Group Debtors | ||||||
| Misc Debtors | 1,318,000 | 775,000 | 151,436 | 351,186 | 430,896 | 144,212 |
| Cash | 3,595,000 | 5,151,000 | 5,853,189 | 1,576,780 | 2,256,451 | 2,475,180 |
| misc current assets | 152,626 | |||||
| total current assets | 22,353,000 | 22,551,000 | 11,798,850 | 5,967,842 | 5,572,941 | 5,099,191 |
| total assets | 69,633,000 | 63,881,000 | 33,725,263 | 27,860,864 | 24,114,238 | 25,650,436 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 1,395,000 | 1,945,000 | 747,398 | 172,259 | 120,600 | 118,302 |
| Group/Directors Accounts | ||||||
| other short term finances | 13,459,000 | 10,919,000 | 3,682,779 | 2,117,804 | ||
| hp & lease commitments | 1,754,000 | 539,000 | 273,716 | 367,255 | ||
| other current liabilities | 2,642,000 | 2,827,000 | 1,536,495 | 953,612 | 1,243,006 | 832,516 |
| total current liabilities | 19,250,000 | 16,230,000 | 6,240,388 | 3,610,930 | 1,363,606 | 950,818 |
| loans | 139,402,000 | 122,454,000 | 77,890,586 | 66,618,850 | 29,048,739 | 27,058,394 |
| hp & lease commitments | 8,431,000 | 4,703,000 | 1,897,578 | 1,813,732 | ||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 5,056,000 | 5,534,000 | 520,750 | 287,028 | ||
| total long term liabilities | 72,229,000 | 63,994,000 | 39,205,668 | 33,452,939 | 29,048,739 | 27,058,394 |
| total liabilities | 91,479,000 | 80,224,000 | 45,446,056 | 37,063,869 | 30,412,345 | 28,009,212 |
| net assets | -21,846,000 | -16,343,000 | -11,720,793 | -9,203,005 | -6,298,107 | -2,358,776 |
| total shareholders funds | -21,846,000 | -16,343,000 | -11,720,793 | -9,203,005 | -6,298,107 | -2,358,776 |
| Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -1,670,000 | 234,000 | 1,861,806 | -232,141 | -1,464,941 | -932,481 |
| Depreciation | 1,104,000 | 871,000 | 493,535 | 207,701 | 162,062 | 84,027 |
| Amortisation | 818,000 | 388,172,000 | 77,469 | 102,077 | 2,242,605 | 1,451,399 |
| Tax | 621,000 | 3,000 | -316,893 | 130,067 | 90,259 | -52,878 |
| Stock | 11,319,287 | 9,492,287 | 1,825,676 | 1,003,759 | 415,234 | 2,355,044 |
| Debtors | 1,493,052 | 1,962,052 | -325,803 | 125,539 | 277,245 | 268,967 |
| Creditors | 647,602 | 1,197,602 | 575,139 | 51,659 | 2,298 | 118,302 |
| Accruals and Deferred Income | 1,105,505 | 1,290,505 | 582,883 | -289,394 | 410,490 | 832,516 |
| Deferred Taxes & Provisions | 4,535,250 | 5,013,250 | 233,722 | 287,028 | ||
| Cash flow from operations | -5,650,982 | 385,327,018 | 2,007,788 | -872,301 | 750,294 | -1,123,126 |
| Investing Activities | ||||||
| capital expenditure | -13,087,351 | |||||
| Change in Investments | ||||||
| cash flow from investments | -13,087,351 | |||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | 9,776,221 | 7,236,221 | 1,564,975 | 2,117,804 | ||
| Long term loans | 61,511,414 | 44,563,414 | 11,271,736 | 37,570,111 | 1,990,345 | 27,058,394 |
| Hire Purchase and Lease Commitments | 8,013,706 | 3,070,706 | -9,693 | 2,180,987 | ||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -4,705,000 | -4,859,000 | -4,101,949 | -2,762,516 | -2,564,649 | -1,459,437 |
| cash flow from financing | 70,225,134 | 50,011,134 | 8,764,317 | 39,066,078 | -574,304 | 25,684,977 |
| cash and cash equivalents | ||||||
| cash | -2,258,189 | -702,189 | 4,276,409 | -679,671 | -218,729 | 2,475,180 |
| overdraft | ||||||
| change in cash | -2,258,189 | -702,189 | 4,276,409 | -679,671 | -218,729 | 2,475,180 |
project vincent topco limited Credit Report and Business Information
Project Vincent Topco Limited Competitor Analysis
Perform a competitor analysis for project vincent topco limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC4M area or any other competitors across 12 key performance metrics.
project vincent topco limited Ownership
PROJECT VINCENT TOPCO LIMITED group structure
Project Vincent Topco Limited has 1 subsidiary company.
Ultimate parent company
PROJECT VINCENT TOPCO LIMITED
10827720
1 subsidiary
project vincent topco limited directors
Project Vincent Topco Limited currently has 4 directors. The longest serving directors include Mr Scott Behrens (Jun 2017) and Mr Peter Clarke (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Scott Behrens | 43 years | Jun 2017 | - | Director | |
| Mr Peter Clarke | England | 58 years | Sep 2017 | - | Director |
| Mr Laurence Vaughan | England | 61 years | Nov 2018 | - | Director |
| Mr Laurence Vaughan | 61 years | Nov 2018 | - | Director |
P&L
December 2022turnover
56.3m
+52%
operating profit
-1.7m
-190%
gross margin
17.4%
-9.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-21.8m
+0.86%
total assets
69.6m
+1.06%
cash
3.6m
-0.39%
net assets
Total assets minus all liabilities
project vincent topco limited company details
company number
10827720
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
June 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
superbike factory holdings limited (December 2023)
project vincent topco limited (September 2021)
accountant
-
auditor
BDO LLP
address
c/o interpath limited, 10 fleet place, london, EC4M 7RB
Bank
-
Legal Advisor
-
project vincent 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 2 charges/mortgages relating to project vincent topco limited. Currently there are 0 open charges and 2 have been satisfied in the past.
project vincent 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 PROJECT VINCENT TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
project vincent topco limited Companies House Filings - See Documents
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