zellis topco limited

3

zellis topco limited Company Information

Share ZELLIS TOPCO LIMITED
Live 
YoungMegaHealthy

Company Number

10975156

Registered Address

740 waterside drive aztec west, almondsbury, bristol, BS32 4UF

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Telephone

08000420315

Next Accounts Due

January 2025

Group Structure

View All

Directors

James Stevens2 Years

John Petter0 Years

View All

Shareholders

zorro bidco limited 100%

zellis topco limited Estimated Valuation

£508.7m

Pomanda estimates the enterprise value of ZELLIS TOPCO LIMITED at £508.7m based on a Turnover of £201.4m and 2.53x industry multiple (adjusted for size and gross margin).

zellis topco limited Estimated Valuation

£581.5m

Pomanda estimates the enterprise value of ZELLIS TOPCO LIMITED at £581.5m based on an EBITDA of £60.4m and a 9.63x industry multiple (adjusted for size and gross margin).

zellis topco limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ZELLIS TOPCO LIMITED at £0 based on Net Assets of £-215m and 1.81x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Zellis Topco Limited Overview

Zellis Topco Limited is a live company located in bristol, BS32 4UF with a Companies House number of 10975156. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2017, it's largest shareholder is zorro bidco limited with a 100% stake. Zellis Topco Limited is a young, mega sized company, Pomanda has estimated its turnover at £201.4m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Zellis Topco Limited Health Check

Pomanda's financial health check has awarded Zellis Topco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £201.4m, make it larger than the average company (£18.6m)

£201.4m - Zellis Topco Limited

£18.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.6%)

10% - Zellis Topco Limited

7.6% - Industry AVG

production

Production

with a gross margin of 34.9%, this company has a comparable cost of product (34.9%)

34.9% - Zellis Topco Limited

34.9% - Industry AVG

profitability

Profitability

an operating margin of 9.9% make it more profitable than the average company (4.8%)

9.9% - Zellis Topco Limited

4.8% - Industry AVG

employees

Employees

with 2300 employees, this is above the industry average (105)

2300 - Zellis Topco Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.7k, the company has an equivalent pay structure (£42.2k)

£46.7k - Zellis Topco Limited

£42.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87.5k, this is less efficient (£182.9k)

£87.5k - Zellis Topco Limited

£182.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (45 days)

70 days - Zellis Topco Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (46 days)

15 days - Zellis Topco Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Zellis Topco Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)

2 weeks - Zellis Topco Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 134.1%, this is a higher level of debt than the average (69.2%)

134.1% - Zellis Topco Limited

69.2% - Industry AVG

ZELLIS TOPCO LIMITED financials

EXPORTms excel logo

Zellis Topco Limited's latest turnover from April 2023 is £201.4 million and the company has net assets of -£215 million. According to their latest financial statements, Zellis Topco Limited has 2,300 employees and maintains cash reserves of £19.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover201,351,000175,350,000159,703,000152,407,000141,762,00033,308,000
Other Income Or Grants000000
Cost Of Sales131,083,237114,508,505106,704,864100,406,55194,330,30722,331,010
Gross Profit70,267,76360,841,49552,998,13652,000,44947,431,69310,976,990
Admin Expenses50,297,76350,737,49554,759,13656,974,44969,509,69317,517,990
Operating Profit19,970,00010,104,000-1,761,000-4,974,000-22,078,000-6,541,000
Interest Payable59,928,00050,646,00044,333,00041,948,00036,702,0007,904,000
Interest Receivable725,00000000
Pre-Tax Profit-39,192,000-40,542,000-46,094,000-46,922,000-58,780,000-14,545,000
Tax5,327,0009,388,0009,164,0006,565,000861,0002,525,000
Profit After Tax-33,865,000-31,154,000-36,930,000-40,357,000-57,919,000-12,020,000
Dividends Paid000000
Retained Profit-33,865,000-31,154,000-36,930,000-40,357,000-57,919,000-12,020,000
Employee Costs107,459,00094,108,00092,776,00089,043,00073,521,00016,401,000
Number Of Employees2,3002,2212,1292,1871,7171,340
EBITDA*60,389,00049,890,00035,815,00026,599,0006,536,000-37,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets13,476,000101,047,00091,808,00084,482,00054,851,00020,596,000
Intangible Assets473,167,000481,163,000492,227,000508,389,000527,856,000510,773,000
Investments & Other42,354,0001,248,000000907,000
Debtors (Due After 1 year)047,160,00046,445,00041,959,00036,474,0000
Total Fixed Assets528,997,000543,821,000550,956,000565,922,000582,707,000531,369,000
Stock & work in progress000000
Trade Debtors38,782,00030,641,00021,148,00020,469,00022,251,00032,373,000
Group Debtors000000
Misc Debtors26,465,00032,133,00029,909,00011,482,00012,801,00011,615,000
Cash19,760,0009,118,0009,363,00020,433,0008,174,0005,035,000
misc current assets15,669,00011,021,0008,818,0008,879,0007,473,0000
total current assets100,676,00082,913,00069,238,00061,886,00052,226,00049,023,000
total assets629,673,000626,734,000620,194,000627,808,000634,933,000580,392,000
Bank overdraft000000
Bank loan014,633,0009,686,00044,361,000014,000,000
Trade Creditors 5,508,0003,541,0005,919,0005,634,00061,553,0002,674,000
Group/Directors Accounts000000
other short term finances247,671,00000039,000,0000
hp & lease commitments3,173,0003,097,0002,362,0003,973,0004,984,0001,739,000
other current liabilities173,197,000379,932,000351,995,000289,273,000202,274,000220,731,000
total current liabilities429,549,000401,203,000369,962,000343,241,000307,811,000239,144,000
loans329,379,000630,006,000595,860,000581,624,000559,454,000500,858,000
hp & lease commitments5,881,0008,151,0007,863,0009,443,00011,419,0001,688,000
Accruals and Deferred Income000000
other liabilities55,698,00031,634,00041,324,00041,790,00048,326,0003,069,000
provisions24,215,00093,676,000127,392,000138,002,000158,828,000146,336,000
total long term liabilities415,173,000393,475,000402,950,000402,347,000407,467,000326,666,000
total liabilities844,722,000794,678,000772,912,000745,588,000715,278,000565,810,000
net assets-215,049,000-167,944,000-152,718,000-117,780,000-80,345,00014,582,000
total shareholders funds-215,049,000-167,944,000-152,718,000-117,780,000-80,345,00014,582,000
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit19,970,00010,104,000-1,761,000-4,974,000-22,078,000-6,541,000
Depreciation5,242,0004,970,0005,188,0001,435,000958,000360,000
Amortisation35,177,00034,816,00032,388,00030,138,00027,656,0006,144,000
Tax5,327,0009,388,0009,164,0006,565,000861,0002,525,000
Stock000000
Debtors-44,687,00012,432,00023,592,0002,384,00027,538,00043,988,000
Creditors1,967,000-2,378,000285,000-55,919,00058,879,0002,674,000
Accruals and Deferred Income-206,735,00027,937,00062,722,00086,999,000-18,457,000220,731,000
Deferred Taxes & Provisions-69,461,000-33,716,000-10,610,000-20,826,00012,492,000146,336,000
Cash flow from operations-163,826,00038,689,00073,784,00041,034,00032,773,000328,241,000
Investing Activities
capital expenditure0-37,961,000-28,740,000-41,737,000-79,952,000-537,873,000
Change in Investments41,106,0001,248,00000-907,000907,000
cash flow from investments-41,106,000-39,209,000-28,740,000-41,737,000-79,045,000-538,780,000
Financing Activities
Bank loans-14,633,0004,947,000-34,675,00044,361,000-14,000,00014,000,000
Group/Directors Accounts000000
Other Short Term Loans 247,671,00000-39,000,00039,000,0000
Long term loans-300,627,00034,146,00014,236,00022,170,00058,596,000500,858,000
Hire Purchase and Lease Commitments-2,194,0001,023,000-3,191,000-2,987,00012,976,0003,427,000
other long term liabilities24,064,000-9,690,000-466,000-6,536,00045,257,0003,069,000
share issue-13,240,00015,928,0001,992,0002,922,000-37,008,00026,602,000
interest-59,203,000-50,646,000-44,333,000-41,948,000-36,702,000-7,904,000
cash flow from financing-118,162,000-4,292,000-66,437,000-21,018,00068,119,000540,052,000
cash and cash equivalents
cash10,642,000-245,000-11,070,00012,259,0003,139,0005,035,000
overdraft000000
change in cash10,642,000-245,000-11,070,00012,259,0003,139,0005,035,000

zellis 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 zellis topco limited. Get real-time insights into zellis topco limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Zellis Topco Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for zellis topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in BS32 area or any other competitors across 12 key performance metrics.

zellis topco limited Ownership

ZELLIS TOPCO LIMITED group structure

Zellis Topco Limited has 1 subsidiary company.

Ultimate parent company

COLOUR HOLDCO SARL

#0150834

ZELLIS HOLDCO SARL

#0065527

2 parents

ZELLIS TOPCO LIMITED

10975156

1 subsidiary

ZELLIS TOPCO LIMITED Shareholders

zorro bidco limited 100%

zellis topco limited directors

Zellis Topco Limited currently has 3 directors. The longest serving directors include Mr James Stevens (Dec 2021) and Mr John Petter (Aug 2024).

officercountryagestartendrole
Mr James StevensEngland35 years Dec 2021- Director
Mr John PetterEngland54 years Aug 2024- Director
Mr Alan KinchEngland46 years Aug 2024- Director

P&L

April 2023

turnover

201.4m

+15%

operating profit

20m

+98%

gross margin

34.9%

+0.58%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

-215m

+0.28%

total assets

629.7m

0%

cash

19.8m

+1.17%

net assets

Total assets minus all liabilities

zellis topco limited company details

company number

10975156

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

September 2017

age

7

incorporated

UK

ultimate parent company

COLOUR HOLDCO SARL

accounts

Group

last accounts submitted

April 2023

previous names

colour topco limited (February 2019)

accountant

-

auditor

GRANT THORNTON UK LLP

address

740 waterside drive aztec west, almondsbury, bristol, BS32 4UF

Bank

-

Legal Advisor

-

zellis 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 zellis topco limited.

charges

zellis topco limited Companies House Filings - See Documents

datedescriptionview/download