3t global holdco limited
3t global holdco limited Company Information
Company Number
10908478
Next Accounts
Sep 2025
Shareholders
drilling systems guernsey limited
paul malcolm stonebanks
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
hurn view house, 5 aviation park west, hurn, dorset, BH23 6EW
Website
www.3tenergygroup.com3t global holdco limited Estimated Valuation
Pomanda estimates the enterprise value of 3T GLOBAL HOLDCO LIMITED at £86.6m based on a Turnover of £60.3m and 1.43x industry multiple (adjusted for size and gross margin).
3t global holdco limited Estimated Valuation
Pomanda estimates the enterprise value of 3T GLOBAL HOLDCO LIMITED at £90.4m based on an EBITDA of £8.8m and a 10.32x industry multiple (adjusted for size and gross margin).
3t global holdco limited Estimated Valuation
Pomanda estimates the enterprise value of 3T GLOBAL HOLDCO LIMITED at £0 based on Net Assets of £-63.5m and 2.3x industry multiple (adjusted for liquidity).
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3t Global Holdco Limited Overview
3t Global Holdco Limited is a live company located in hurn, BH23 6EW with a Companies House number of 10908478. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2017, it's largest shareholder is drilling systems guernsey limited with a 90.2% stake. 3t Global Holdco Limited is a young, large sized company, Pomanda has estimated its turnover at £60.3m with rapid growth in recent years.
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3t Global Holdco Limited Health Check
Pomanda's financial health check has awarded 3T Global Holdco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £60.3m, make it larger than the average company (£4.8m)
£60.3m - 3t Global Holdco Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (6.7%)
34% - 3t Global Holdco Limited
6.7% - Industry AVG
Production
with a gross margin of 49.9%, this company has a lower cost of product (38.1%)
49.9% - 3t Global Holdco Limited
38.1% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (5.7%)
-0.8% - 3t Global Holdco Limited
5.7% - Industry AVG
Employees
with 469 employees, this is above the industry average (27)
469 - 3t Global Holdco Limited
27 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has an equivalent pay structure (£53.9k)
£47.2k - 3t Global Holdco Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £128.7k, this is less efficient (£171.5k)
£128.7k - 3t Global Holdco Limited
£171.5k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (42 days)
78 days - 3t Global Holdco Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (32 days)
98 days - 3t Global Holdco Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (33 days)
20 days - 3t Global Holdco Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)
1 weeks - 3t Global Holdco Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 166.7%, this is a higher level of debt than the average (62.5%)
166.7% - 3t Global Holdco Limited
62.5% - Industry AVG
3T GLOBAL HOLDCO LIMITED financials
3T Global Holdco Limited's latest turnover from December 2023 is £60.3 million and the company has net assets of -£63.5 million. According to their latest financial statements, 3T Global Holdco Limited has 469 employees and maintains cash reserves of £3.9 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 | |
|---|---|---|---|---|---|---|
| Turnover | 60,346,051 | 49,425,555 | 43,163,980 | 25,159,921 | 36,665,440 | 33,332,240 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 30,223,831 | 23,388,940 | 21,818,049 | 10,131,229 | 14,697,989 | 15,438,191 |
| Gross Profit | 30,122,220 | 26,036,615 | 21,345,931 | 15,028,692 | 21,967,451 | 17,894,049 |
| Admin Expenses | 30,625,146 | 24,572,406 | 25,096,007 | 17,832,514 | 20,331,923 | 23,581,932 |
| Operating Profit | -502,926 | 1,464,209 | -3,750,076 | -2,803,822 | 1,635,528 | -5,687,883 |
| Interest Payable | 11,947,141 | 9,592,251 | 9,695,422 | 8,374,950 | 9,245,882 | 7,444,024 |
| Interest Receivable | 54 | 4,025 | 8,832 | 19,445 | 264,881 | 43,541 |
| Pre-Tax Profit | -12,000,013 | -8,124,017 | -13,436,666 | -11,159,327 | -5,327,285 | -13,198,216 |
| Tax | 1,026,217 | -337,079 | -464,342 | -613,917 | -788,439 | 443,081 |
| Profit After Tax | -10,973,796 | -8,461,096 | -13,901,008 | -11,773,244 | -6,115,724 | -12,755,135 |
| Dividends Paid | ||||||
| Retained Profit | -10,973,796 | -8,461,096 | -13,901,008 | -11,773,244 | -6,115,724 | -12,755,135 |
| Employee Costs | 22,119,640 | 17,244,972 | 13,016,431 | 11,250,470 | 13,051,211 | 12,378,616 |
| Number Of Employees | 469 | 391 | 328 | 281 | 298 | 310 |
| EBITDA* | 8,755,061 | 9,823,137 | 3,878,144 | 4,014,997 | 8,016,464 | 2,348,168 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,976,485 | 11,306,296 | 11,968,389 | 8,779,329 | 8,714,821 | 9,068,866 |
| Intangible Assets | 54,403,148 | 56,535,813 | 58,293,136 | 59,542,640 | 63,260,106 | 73,668,028 |
| Investments & Other | 450,000 | 14,829 | 1,172,451 | 334,024 | 698,680 | 1,225,362 |
| Debtors (Due After 1 year) | 218,796 | 684,651 | 899,782 | |||
| Total Fixed Assets | 66,829,633 | 67,856,938 | 71,433,976 | 68,874,789 | 73,358,258 | 84,862,038 |
| Stock & work in progress | 1,677,583 | 2,218,018 | 1,577,933 | 2,470,692 | 2,099,874 | 2,621,209 |
| Trade Debtors | 13,045,995 | 11,340,645 | 11,050,501 | 5,923,233 | 5,909,570 | 8,094,132 |
| Group Debtors | ||||||
| Misc Debtors | 9,723,628 | 10,143,903 | 3,552,227 | 3,258,135 | 1,675,494 | 985,148 |
| Cash | 3,914,067 | 3,113,186 | 3,770,309 | 6,760,758 | 3,987,158 | 2,126,562 |
| misc current assets | ||||||
| total current assets | 28,361,273 | 26,815,752 | 19,950,970 | 18,412,818 | 13,672,096 | 13,827,051 |
| total assets | 95,190,906 | 94,672,690 | 91,384,946 | 87,287,607 | 87,030,354 | 98,689,089 |
| Bank overdraft | 4,500,000 | 3,100,000 | ||||
| Bank loan | ||||||
| Trade Creditors | 8,195,742 | 4,854,770 | 3,226,696 | 2,813,348 | 1,544,098 | 3,277,429 |
| Group/Directors Accounts | 90,494,405 | |||||
| other short term finances | ||||||
| hp & lease commitments | 1,772 | 36,368 | 8,875 | 21,483 | 115,675 | |
| other current liabilities | 13,165,131 | 7,928,977 | 6,143,614 | 8,830,962 | 5,296,932 | 5,296,493 |
| total current liabilities | 116,357,050 | 15,920,115 | 9,370,310 | 11,653,185 | 6,862,513 | 8,689,597 |
| loans | 37,640,954 | 120,314,130 | 119,014,442 | 96,797,866 | 94,027,558 | 94,780,917 |
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 4,930,462 | 245,572 | 5,021,396 | 1,224,755 | 4,407,161 | |
| other liabilities | 369,885 | |||||
| provisions | 4,664,156 | 5,576,301 | 6,568,861 | 3,686,957 | 3,014,081 | 2,794,266 |
| total long term liabilities | 42,305,110 | 131,190,778 | 125,828,875 | 105,506,219 | 98,266,394 | 101,982,344 |
| total liabilities | 158,662,160 | 147,110,893 | 135,199,185 | 117,159,404 | 105,128,907 | 110,671,941 |
| net assets | -63,471,254 | -52,438,203 | -43,814,239 | -29,871,797 | -18,098,553 | -11,982,852 |
| total shareholders funds | -63,471,254 | -52,438,203 | -43,814,239 | -29,871,797 | -18,098,553 | -11,982,852 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -502,926 | 1,464,209 | -3,750,076 | -2,803,822 | 1,635,528 | -5,687,883 |
| Depreciation | 1,906,667 | 1,663,436 | 1,518,727 | 1,322,979 | 1,126,831 | 1,100,723 |
| Amortisation | 7,351,320 | 6,695,492 | 6,109,493 | 5,495,840 | 5,254,105 | 6,935,328 |
| Tax | 1,026,217 | -337,079 | -464,342 | -613,917 | -788,439 | 443,081 |
| Stock | -540,435 | 640,085 | -892,759 | 370,818 | -521,335 | 2,621,209 |
| Debtors | 1,285,075 | 6,881,820 | 5,202,564 | 1,130,449 | -1,709,347 | 9,979,062 |
| Creditors | 3,340,972 | 1,628,074 | 413,348 | 1,269,250 | -1,733,331 | 3,277,429 |
| Accruals and Deferred Income | 305,692 | 6,470,253 | -7,463,172 | 7,330,671 | -3,181,967 | 9,703,654 |
| Deferred Taxes & Provisions | -912,145 | -992,560 | 2,881,904 | 672,876 | 219,815 | 2,794,266 |
| Cash flow from operations | 11,771,157 | 9,069,920 | -5,063,923 | 11,172,610 | 4,763,224 | 5,966,327 |
| Investing Activities | ||||||
| capital expenditure | -35,428,827 | |||||
| Change in Investments | 435,171 | -1,157,622 | 838,427 | -364,656 | -526,682 | 1,225,362 |
| cash flow from investments | -435,171 | 1,157,622 | -838,427 | 364,656 | 526,682 | -36,654,189 |
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 90,494,405 | |||||
| Other Short Term Loans | ||||||
| Long term loans | -82,673,176 | 1,299,688 | 22,216,576 | 2,770,308 | -753,359 | 94,780,917 |
| Hire Purchase and Lease Commitments | -34,596 | 36,368 | -8,875 | -12,608 | -94,192 | 115,675 |
| other long term liabilities | -369,885 | 369,885 | ||||
| share issue | ||||||
| interest | -11,947,087 | -9,588,226 | -9,686,590 | -8,355,505 | -8,981,001 | -7,400,483 |
| cash flow from financing | -4,589,594 | -8,045,153 | 12,479,677 | -5,597,805 | -9,828,529 | 88,268,392 |
| cash and cash equivalents | ||||||
| cash | 800,881 | -657,123 | -2,990,449 | 2,773,600 | 1,860,596 | 2,126,562 |
| overdraft | 1,400,000 | 3,100,000 | ||||
| change in cash | -599,119 | -3,757,123 | -2,990,449 | 2,773,600 | 1,860,596 | 2,126,562 |
3t global holdco limited Credit Report and Business Information
3t Global Holdco Limited Competitor Analysis
Perform a competitor analysis for 3t global holdco limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in BH23 area or any other competitors across 12 key performance metrics.
3t global holdco limited Ownership
3T GLOBAL HOLDCO LIMITED group structure
3T Global Holdco Limited has 2 subsidiary companies.
Ultimate parent company
BLUE WATER ENERGY FUND I LP
#0130123
DRILLING SYSTEMS GUERNSEY LTD
#0112290
2 parents
3T GLOBAL HOLDCO LIMITED
10908478
2 subsidiaries
3t global holdco limited directors
3T Global Holdco Limited currently has 7 directors. The longest serving directors include Mr Martin Somerville (Oct 2017) and Mr Ihab Toma (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Somerville | England | 48 years | Oct 2017 | - | Director |
| Mr Ihab Toma | Scotland | 62 years | Jan 2018 | - | Director |
| Mr Kevin Franklin | 63 years | Jan 2018 | - | Director | |
| Mr Mark Corrigan | England | 66 years | Jan 2018 | - | Director |
| Mr Patrick Sinclair | England | 49 years | Nov 2019 | - | Director |
| Ms Elaine Safier | England | 58 years | Dec 2021 | - | Director |
| Mr Martin Boden | 66 years | Jun 2024 | - | Director |
P&L
December 2023turnover
60.3m
+22%
operating profit
-502.9k
-134%
gross margin
50%
-5.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-63.5m
+0.21%
total assets
95.2m
+0.01%
cash
3.9m
+0.26%
net assets
Total assets minus all liabilities
3t global holdco limited company details
company number
10908478
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
3t energy group limited (September 2023)
3t energy topco limited (February 2018)
accountant
-
auditor
BDO LLP
address
hurn view house, 5 aviation park west, hurn, dorset, BH23 6EW
Bank
-
Legal Advisor
-
3t global holdco 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 3t global holdco limited.
3t global holdco 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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3t global holdco limited Companies House Filings - See Documents
| date | description | view/download |
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