height topco limited
height topco limited Company Information
Company Number
11051903
Next Accounts
Jun 2025
Shareholders
equistone partners europe fund v 'e' l.p.
equistone partners europe fund v 'a' l.p.
View AllGroup 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
one new ludgate 60 ludgate hill, london, EC4M 7AW
Website
-height topco limited Estimated Valuation
Pomanda estimates the enterprise value of HEIGHT TOPCO LIMITED at £31.1m based on a Turnover of £17.2m and 1.81x industry multiple (adjusted for size and gross margin).
height topco limited Estimated Valuation
Pomanda estimates the enterprise value of HEIGHT TOPCO LIMITED at £31.3m based on an EBITDA of £4.1m and a 7.56x industry multiple (adjusted for size and gross margin).
height topco limited Estimated Valuation
Pomanda estimates the enterprise value of HEIGHT TOPCO LIMITED at £0 based on Net Assets of £-17.7m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Height Topco Limited Overview
Height Topco Limited is a live company located in london, EC4M 7AW with a Companies House number of 11051903. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2017, it's largest shareholder is equistone partners europe fund v 'e' l.p. with a 16.1% stake. Height Topco Limited is a young, mid sized company, Pomanda has estimated its turnover at £17.2m with healthy growth in recent years.
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Height Topco Limited Health Check
Pomanda's financial health check has awarded Height Topco Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £17.2m, make it in line with the average company (£18.9m)
£17.2m - Height Topco Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.8%)
4% - Height Topco Limited
8.8% - Industry AVG
Production
with a gross margin of 47.8%, this company has a lower cost of product (34.6%)
47.8% - Height Topco Limited
34.6% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (4.7%)
6.9% - Height Topco Limited
4.7% - Industry AVG
Employees
with 151 employees, this is above the industry average (102)
151 - Height Topco Limited
102 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has a higher pay structure (£42.8k)
£54.5k - Height Topco Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £113.8k, this is less efficient (£186.2k)
£113.8k - Height Topco Limited
£186.2k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (45 days)
56 days - Height Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (44 days)
37 days - Height Topco Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (38 days)
7 days - Height Topco Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)
9 weeks - Height Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.4%, this is a higher level of debt than the average (69%)
152.4% - Height Topco Limited
69% - Industry AVG
HEIGHT TOPCO LIMITED financials
Height Topco Limited's latest turnover from September 2023 is £17.2 million and the company has net assets of -£17.7 million. According to their latest financial statements, Height Topco Limited has 151 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 17,180,000 | 11,686,000 | 12,136,000 | 15,245,000 | 13,286,000 | 8,928,048 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 8,968,000 | 7,109,000 | 7,540,000 | 8,078,000 | 7,032,000 | 3,991,625 |
| Gross Profit | 8,212,000 | 4,577,000 | 4,596,000 | 7,167,000 | 6,254,000 | 4,936,423 |
| Admin Expenses | 7,033,000 | 6,765,000 | 6,191,000 | 5,645,000 | 5,675,000 | 3,704,283 |
| Operating Profit | 1,179,000 | -2,188,000 | -1,595,000 | 1,522,000 | 579,000 | 1,232,140 |
| Interest Payable | 3,965,000 | 3,393,000 | 3,078,000 | 2,937,000 | 2,504,000 | 1,881,022 |
| Interest Receivable | 1,000 | 6,000 | 2,563 | |||
| Pre-Tax Profit | -2,786,000 | -5,581,000 | -4,673,000 | -1,414,000 | -1,919,000 | -646,319 |
| Tax | -370,000 | -204,000 | -38,000 | -473,000 | -114,000 | -423,266 |
| Profit After Tax | -3,156,000 | -5,785,000 | -4,711,000 | -1,887,000 | -2,033,000 | -1,069,585 |
| Dividends Paid | ||||||
| Retained Profit | -3,156,000 | -5,785,000 | -4,711,000 | -1,887,000 | -2,033,000 | -1,069,585 |
| Employee Costs | 8,231,000 | 6,952,000 | 7,801,000 | 8,045,000 | 6,662,000 | 3,858,909 |
| Number Of Employees | 151 | 130 | 154 | 159 | 147 | 97 |
| EBITDA* | 4,134,000 | 1,045,000 | 1,705,000 | 4,802,000 | 3,363,000 | 2,899,407 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 20,298,000 | 20,650,000 | 21,222,000 | 22,592,000 | 23,061,000 | 15,153,744 |
| Intangible Assets | 8,078,000 | 8,961,000 | 9,844,000 | 10,727,000 | 11,611,000 | 12,372,000 |
| Investments & Other | 100 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 28,376,000 | 29,611,000 | 31,066,000 | 33,319,000 | 34,672,000 | 27,525,844 |
| Stock & work in progress | 183,000 | 79,000 | 98,000 | 62,000 | ||
| Trade Debtors | 2,681,000 | 2,074,000 | 1,454,000 | 2,684,000 | 2,675,000 | 2,261,640 |
| Group Debtors | ||||||
| Misc Debtors | 628,000 | 829,000 | 739,000 | 502,000 | 484,000 | 180,668 |
| Cash | 1,829,000 | 1,135,000 | 2,094,000 | 5,122,000 | 1,361,000 | 2,728,618 |
| misc current assets | ||||||
| total current assets | 5,321,000 | 4,117,000 | 4,385,000 | 8,370,000 | 4,520,000 | 5,170,926 |
| total assets | 33,697,000 | 33,728,000 | 35,451,000 | 41,689,000 | 39,192,000 | 32,696,770 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 919,000 | 1,375,000 | 751,000 | 302,000 | 455,000 | 182,296 |
| Group/Directors Accounts | 56,000 | 56,000 | 57,000 | 116,000 | ||
| other short term finances | 2,258,000 | 1,635,974 | ||||
| hp & lease commitments | 2,485,000 | 4,225,000 | 3,754,000 | 3,938,000 | 3,574,000 | 2,297,735 |
| other current liabilities | 6,363,000 | 6,052,000 | 5,676,000 | 7,707,000 | 1,258,000 | 1,781,458 |
| total current liabilities | 9,767,000 | 11,708,000 | 10,237,000 | 12,004,000 | 7,661,000 | 5,897,463 |
| loans | 31,328,000 | 27,090,000 | 23,256,000 | 20,035,000 | 20,035,000 | 18,637,691 |
| hp & lease commitments | 9,043,000 | 8,585,000 | 10,033,000 | 13,052,000 | 13,481,000 | 8,226,831 |
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 1,225,000 | 855,000 | 651,000 | 1,492,000 | 1,020,000 | 906,234 |
| total long term liabilities | 41,596,000 | 36,530,000 | 33,940,000 | 34,579,000 | 34,536,000 | 27,770,756 |
| total liabilities | 51,363,000 | 48,238,000 | 44,177,000 | 46,583,000 | 42,197,000 | 33,668,219 |
| net assets | -17,666,000 | -14,510,000 | -8,726,000 | -4,894,000 | -3,005,000 | -971,449 |
| total shareholders funds | -17,666,000 | -14,510,000 | -8,726,000 | -4,894,000 | -3,005,000 | -971,449 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,179,000 | -2,188,000 | -1,595,000 | 1,522,000 | 579,000 | 1,232,140 |
| Depreciation | 2,072,000 | 2,350,000 | 2,417,000 | 2,396,000 | 1,908,000 | 896,724 |
| Amortisation | 883,000 | 883,000 | 883,000 | 884,000 | 876,000 | 770,543 |
| Tax | -370,000 | -204,000 | -38,000 | -473,000 | -114,000 | -423,266 |
| Stock | 104,000 | -19,000 | 36,000 | 62,000 | ||
| Debtors | 406,000 | 710,000 | -993,000 | 27,000 | 716,692 | 2,442,308 |
| Creditors | -456,000 | 624,000 | 449,000 | -153,000 | 272,704 | 182,296 |
| Accruals and Deferred Income | 311,000 | 376,000 | -2,031,000 | 6,449,000 | -523,458 | 1,781,458 |
| Deferred Taxes & Provisions | 370,000 | 204,000 | -841,000 | 472,000 | 113,766 | 906,234 |
| Cash flow from operations | 3,479,000 | 1,354,000 | 201,000 | 11,008,000 | 2,395,320 | 2,903,821 |
| Investing Activities | ||||||
| capital expenditure | -60,634 | |||||
| Change in Investments | -100 | 100 | ||||
| cash flow from investments | 100 | -60,734 | ||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -56,000 | -1,000 | -59,000 | 116,000 | ||
| Other Short Term Loans | -2,258,000 | 622,026 | 1,635,974 | |||
| Long term loans | 4,238,000 | 3,834,000 | 3,221,000 | 1,397,309 | 18,637,691 | |
| Hire Purchase and Lease Commitments | -1,282,000 | -977,000 | -3,203,000 | -65,000 | 6,530,434 | 10,524,566 |
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -3,965,000 | -3,393,000 | -3,078,000 | -2,936,000 | -2,498,000 | -1,878,459 |
| cash flow from financing | -1,065,000 | -535,000 | -2,182,000 | -5,320,000 | 6,167,218 | 29,017,908 |
| cash and cash equivalents | ||||||
| cash | 694,000 | -959,000 | -3,028,000 | 3,761,000 | -1,367,618 | 2,728,618 |
| overdraft | ||||||
| change in cash | 694,000 | -959,000 | -3,028,000 | 3,761,000 | -1,367,618 | 2,728,618 |
height topco limited Credit Report and Business Information
Height Topco Limited Competitor Analysis
Perform a competitor analysis for height topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC4M area or any other competitors across 12 key performance metrics.
height topco limited Ownership
HEIGHT TOPCO LIMITED group structure
Height Topco Limited has 2 subsidiary companies.
Ultimate parent company
HEIGHT TOPCO LIMITED
11051903
2 subsidiaries
height topco limited directors
Height Topco Limited currently has 4 directors. The longest serving directors include Mr Robin Head (Nov 2017) and Mr Tristan Manuel (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robin Head | 63 years | Nov 2017 | - | Director | |
| Mr Tristan Manuel | England | 40 years | Nov 2017 | - | Director |
| Mr John Gill | 58 years | Apr 2018 | - | Director | |
| Mr Andy Perry | England | 52 years | Aug 2020 | - | Director |
P&L
September 2023turnover
17.2m
+47%
operating profit
1.2m
-154%
gross margin
47.8%
+22.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-17.7m
+0.22%
total assets
33.7m
0%
cash
1.8m
+0.61%
net assets
Total assets minus all liabilities
height topco limited company details
company number
11051903
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
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
one new ludgate 60 ludgate hill, london, EC4M 7AW
Bank
-
Legal Advisor
-
height 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 height topco limited.
height 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.
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height topco limited Companies House Filings - See Documents
| date | description | view/download |
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