hd bidco limited
hd bidco limited Company Information
Company Number
11088936
Next Accounts
Sep 2025
Shareholders
hd finance holdings limited
jonathan harper wilkinson
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
c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ
Website
-hd bidco limited Estimated Valuation
Pomanda estimates the enterprise value of HD BIDCO LIMITED at £21.6m based on a Turnover of £14.6m and 1.48x industry multiple (adjusted for size and gross margin).
hd bidco limited Estimated Valuation
Pomanda estimates the enterprise value of HD BIDCO LIMITED at £90.1m based on an EBITDA of £14.5m and a 6.2x industry multiple (adjusted for size and gross margin).
hd bidco limited Estimated Valuation
Pomanda estimates the enterprise value of HD BIDCO LIMITED at £0 based on Net Assets of £-718.3k and 1.31x industry multiple (adjusted for liquidity).
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Hd Bidco Limited Overview
Hd Bidco Limited is a live company located in london, EC2R 7HJ with a Companies House number of 11088936. 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 hd finance holdings limited with a 84.8% stake. Hd Bidco Limited is a young, mid sized company, Pomanda has estimated its turnover at £14.6m with unknown growth in recent years.
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Hd Bidco Limited Health Check
Pomanda's financial health check has awarded Hd Bidco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £14.6m, make it smaller than the average company (£18.9m)
£14.6m - Hd Bidco Limited
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hd Bidco Limited
- - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
36.3% - Hd Bidco Limited
36.3% - Industry AVG
Profitability
an operating margin of 99.5% make it more profitable than the average company (4.5%)
99.5% - Hd Bidco Limited
4.5% - Industry AVG
Employees
with 77 employees, this is below the industry average (104)
- Hd Bidco Limited
104 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Hd Bidco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £189.6k, this is equally as efficient (£191k)
- Hd Bidco Limited
£191k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hd Bidco Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (44 days)
0 days - Hd Bidco Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hd Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Hd Bidco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.2%, this is a higher level of debt than the average (69.6%)
101.2% - Hd Bidco Limited
69.6% - Industry AVG
HD BIDCO LIMITED financials
Hd Bidco Limited's latest turnover from December 2023 is £14.6 million and the company has net assets of -£718.3 thousand. According to their latest financial statements, we estimate that Hd Bidco Limited has 77 employees and maintains cash reserves of £321.8 thousand 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 | 14,602,579 | 11,571,074 | 15,891,000 | -732,021 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | 14,535,917 | 11,466,715 | 15,829,852 | -968,538 | 1,788,631 | |
| Interest Payable | 86 | 2,286 | 695,833 | |||
| Interest Receivable | ||||||
| Pre-Tax Profit | 5,783,420 | 2,382,427 | 7,665,231 | -8,928,543 | -4,629,673 | -3,476,282 |
| Tax | ||||||
| Profit After Tax | 5,783,420 | 2,382,427 | 7,665,231 | -8,928,543 | -4,629,673 | -3,476,282 |
| Dividends Paid | 8,064,543 | |||||
| Retained Profit | 5,783,420 | 2,382,427 | -399,312 | -8,928,543 | -4,629,673 | -3,476,282 |
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | 14,535,917 | 11,466,715 | 15,829,852 | -968,538 | 1,788,631 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 58,702,654 | 71,100,074 | 63,369,000 | 47,478,000 | 48,905,854 | 47,063,128 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 58,702,654 | 71,100,074 | 63,369,000 | 47,478,000 | 48,905,854 | 47,063,128 |
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | 32,489 | 32,489 | ||||
| Misc Debtors | ||||||
| Cash | 321,770 | 221,606 | 6,792 | 54,089 | 256,985 | 247,432 |
| misc current assets | ||||||
| total current assets | 321,770 | 221,606 | 6,792 | 54,089 | 289,474 | 279,921 |
| total assets | 59,024,424 | 71,321,680 | 63,375,792 | 47,532,089 | 49,195,328 | 47,343,049 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 665 | 15,107 | 7,349 | 20 | 28,495 | |
| Group/Directors Accounts | ||||||
| other short term finances | 45,133,873 | 45,133,873 | 45,133,873 | |||
| hp & lease commitments | ||||||
| other current liabilities | 14,608,150 | 32,674,384 | 72,252,555 | 18,947,539 | 34,823 | 51,566 |
| total current liabilities | 59,742,688 | 77,823,364 | 72,259,904 | 64,081,432 | 34,823 | 80,061 |
| loans | 45,133,873 | 45,034,873 | ||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 11,654,397 | 5,236,494 | ||||
| provisions | ||||||
| total long term liabilities | 56,788,270 | 50,271,367 | ||||
| total liabilities | 59,742,688 | 77,823,364 | 72,259,904 | 64,081,432 | 56,823,093 | 50,351,428 |
| net assets | -718,264 | -6,501,684 | -8,884,112 | -16,549,343 | -7,627,765 | -3,008,379 |
| total shareholders funds | -718,264 | -6,501,684 | -8,884,112 | -16,549,343 | -7,627,765 | -3,008,379 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 14,535,917 | 11,466,715 | 15,829,852 | -968,538 | 1,788,631 | |
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -32,489 | 32,489 | ||||
| Creditors | -14,442 | 7,758 | 7,329 | 20 | -28,495 | 28,495 |
| Accruals and Deferred Income | -18,066,234 | -39,578,171 | 53,305,016 | 18,912,716 | -16,743 | 51,566 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -3,544,759 | -28,103,698 | 69,142,197 | 17,976,687 | 1,743,393 | |
| Investing Activities | ||||||
| capital expenditure | -44,997,662 | |||||
| Change in Investments | -12,397,420 | 7,731,074 | 15,891,000 | -1,427,854 | 1,842,726 | 47,063,128 |
| cash flow from investments | 12,397,420 | -7,731,074 | -15,891,000 | 1,427,854 | -1,842,726 | -92,060,790 |
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | 45,133,873 | -45,133,873 | 45,133,873 | |||
| Long term loans | -45,133,873 | 99,000 | 45,034,873 | |||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -11,654,397 | 6,417,903 | 5,236,494 | |||
| share issue | ||||||
| interest | -86 | -2,286 | -695,833 | |||
| cash flow from financing | -86 | 45,131,588 | -37,069,330 | -12,343,265 | 6,527,190 | 50,739,270 |
| cash and cash equivalents | ||||||
| cash | 100,164 | 214,814 | -47,297 | -202,896 | 9,553 | 247,432 |
| overdraft | ||||||
| change in cash | 100,164 | 214,814 | -47,297 | -202,896 | 9,553 | 247,432 |
hd bidco limited Credit Report and Business Information
Hd Bidco Limited Competitor Analysis
Perform a competitor analysis for hd bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC2R area or any other competitors across 12 key performance metrics.
hd bidco limited Ownership
HD BIDCO LIMITED group structure
Hd Bidco Limited has 1 subsidiary company.
Ultimate parent company
ATHENE HD INVESTOR LP
#0122383
2 parents
HD BIDCO LIMITED
11088936
1 subsidiary
hd bidco limited directors
Hd Bidco Limited currently has 6 directors. The longest serving directors include Mr Charles Greuter (Nov 2017) and Mr Eric Lhomond (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Greuter | United Kingdom | 38 years | Nov 2017 | - | Director |
| Mr Eric Lhomond | United Kingdom | 50 years | Nov 2017 | - | Director |
| Mr Jonathan Wilkinson | 72 years | Jan 2018 | - | Director | |
| Mr Kevin Crowe Jr | United Kingdom | 42 years | Feb 2020 | - | Director |
| Mr Mikhail Rychev | England | 29 years | Apr 2022 | - | Director |
| Mr Mikhail Rychev | England | 29 years | Apr 2022 | - | Director |
P&L
December 2023turnover
14.6m
+26%
operating profit
14.5m
+27%
gross margin
36.4%
+0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-718.3k
-0.89%
total assets
59m
-0.17%
cash
321.8k
+0.45%
net assets
Total assets minus all liabilities
hd bidco limited company details
company number
11088936
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
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
c/o tmf group, 13th floor, one angel court, london, EC2R 7HJ
Bank
SOCIETE GENERALE BANK & TRUST
Legal Advisor
-
hd bidco 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 1 charges/mortgages relating to hd bidco limited. Currently there are 0 open charges and 1 have been satisfied in the past.
hd bidco 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 HD BIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
hd bidco limited Companies House Filings - See Documents
| date | description | view/download |
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