uk tote group limited
uk tote group limited Company Information
Company Number
11119798
Next Accounts
Jun 2025
Shareholders
ipgl limited
toscafund limited
View AllGroup Structure
View All
Industry
Activities of venture and development capital companies
Registered Address
6th floor 6 kean street, london, WC2B 4AS
Website
uktotegroup.comuk tote group limited Estimated Valuation
Pomanda estimates the enterprise value of UK TOTE GROUP LIMITED at £225.2m based on a Turnover of £40.5m and 5.56x industry multiple (adjusted for size and gross margin).
uk tote group limited Estimated Valuation
Pomanda estimates the enterprise value of UK TOTE GROUP LIMITED at £0 based on an EBITDA of £-3.6m and a 13.44x industry multiple (adjusted for size and gross margin).
uk tote group limited Estimated Valuation
Pomanda estimates the enterprise value of UK TOTE GROUP LIMITED at £91.6m based on Net Assets of £78.3m and 1.17x industry multiple (adjusted for liquidity).
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Uk Tote Group Limited Overview
Uk Tote Group Limited is a live company located in london, WC2B 4AS with a Companies House number of 11119798. It operates in the activities of venture and development capital companies sector, SIC Code 64303. Founded in December 2017, it's largest shareholder is ipgl limited with a 20.5% stake. Uk Tote Group Limited is a young, large sized company, Pomanda has estimated its turnover at £40.5m with high growth in recent years.
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Uk Tote Group Limited Health Check
Pomanda's financial health check has awarded Uk Tote Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £40.5m, make it larger than the average company (£1.9m)
£40.5m - Uk Tote Group Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (2.7%)
16% - Uk Tote Group Limited
2.7% - Industry AVG
Production
with a gross margin of 83.3%, this company has a comparable cost of product (75.9%)
83.3% - Uk Tote Group Limited
75.9% - Industry AVG
Profitability
an operating margin of -30.5% make it less profitable than the average company (1.7%)
-30.5% - Uk Tote Group Limited
1.7% - Industry AVG
Employees
with 198 employees, this is above the industry average (12)
198 - Uk Tote Group Limited
12 - Industry AVG
Pay Structure
on an average salary of £64.7k, the company has an equivalent pay structure (£70.5k)
£64.7k - Uk Tote Group Limited
£70.5k - Industry AVG
Efficiency
resulting in sales per employee of £204.6k, this is equally as efficient (£185.4k)
£204.6k - Uk Tote Group Limited
£185.4k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (25 days)
91 days - Uk Tote Group Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 814 days, this is slower than average (87 days)
814 days - Uk Tote Group Limited
87 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Uk Tote Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is less cash available to meet short term requirements (43 weeks)
33 weeks - Uk Tote Group Limited
43 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.5%, this is a lower level of debt than the average (51.9%)
36.5% - Uk Tote Group Limited
51.9% - Industry AVG
UK TOTE GROUP LIMITED financials
Uk Tote Group Limited's latest turnover from September 2023 is £40.5 million and the company has net assets of £78.3 million. According to their latest financial statements, Uk Tote Group Limited has 198 employees and maintains cash reserves of £17 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 | 40,512,000 | 41,348,000 | 38,748,000 | 25,778,000 | 4,119,000 | |
| Other Income Or Grants | ||||||
| Cost Of Sales | 6,764,000 | 6,285,000 | 5,642,000 | 4,875,000 | ||
| Gross Profit | 33,748,000 | 35,063,000 | 33,106,000 | 20,903,000 | 4,119,000 | |
| Admin Expenses | 46,112,000 | 41,252,000 | 38,242,000 | 33,132,000 | 28,475,000 | |
| Operating Profit | -12,364,000 | -6,189,000 | -5,136,000 | -12,229,000 | -24,356,000 | -3,184,000 |
| Interest Payable | 1,615,000 | 821,000 | 2,582,000 | 2,956,000 | ||
| Interest Receivable | 41,000 | 1,271,000 | 7,000 | 18,000 | 8,000 | |
| Pre-Tax Profit | -13,938,000 | -5,739,000 | -7,711,000 | -14,955,000 | -21,272,000 | -3,184,000 |
| Tax | 432,000 | 1,171,000 | -3,650,000 | 3,052,000 | -26,000 | |
| Profit After Tax | -13,506,000 | -4,568,000 | -11,361,000 | -11,903,000 | -21,298,000 | -3,184,000 |
| Dividends Paid | ||||||
| Retained Profit | -13,506,000 | -4,568,000 | -11,361,000 | -11,977,000 | -21,298,000 | -3,184,000 |
| Employee Costs | 12,805,000 | 11,438,000 | 11,106,000 | 8,639,000 | 4,948,000 | |
| Number Of Employees | 198 | 169 | 149 | 96 | 22 | 6 |
| EBITDA* | -3,588,000 | 2,692,000 | 3,649,000 | -3,765,000 | -14,132,000 | -3,184,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 224,000 | 282,000 | 419,000 | 319,000 | 218,000 | 18,000 |
| Intangible Assets | 92,949,000 | 101,568,000 | 110,145,000 | 118,743,000 | 24,258,000 | 7,891,000 |
| Investments & Other | 5,375,000 | 25,100,000 | ||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 93,173,000 | 101,850,000 | 110,564,000 | 119,062,000 | 29,851,000 | 33,009,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 10,166,000 | 4,212,000 | 12,532,000 | 2,867,000 | 925,000 | |
| Group Debtors | ||||||
| Misc Debtors | 2,889,000 | 3,184,000 | 4,709,000 | 2,019,000 | 1,073,000 | 268,000 |
| Cash | 17,004,000 | 48,334,000 | 44,227,000 | 48,943,000 | 48,883,000 | 4,745,000 |
| misc current assets | ||||||
| total current assets | 30,059,000 | 55,730,000 | 61,468,000 | 53,829,000 | 50,881,000 | 5,013,000 |
| total assets | 123,232,000 | 157,580,000 | 172,032,000 | 172,891,000 | 80,732,000 | 38,022,000 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 15,088,000 | 12,738,000 | 15,990,000 | 4,974,000 | 1,251,000 | |
| Group/Directors Accounts | ||||||
| other short term finances | 25,000,000 | |||||
| hp & lease commitments | ||||||
| other current liabilities | 10,934,000 | 35,098,000 | 11,354,000 | 35,456,000 | 4,007,000 | 1,926,000 |
| total current liabilities | 26,022,000 | 47,836,000 | 52,344,000 | 40,430,000 | 5,258,000 | 1,926,000 |
| loans | 24,179,000 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 47,609,000 | |||||
| other liabilities | 500,000 | 2,500,000 | 5,000,000 | 4,500,000 | ||
| provisions | 18,956,000 | 18,302,000 | 19,104,000 | 15,110,000 | 26,000 | |
| total long term liabilities | 18,956,000 | 18,302,000 | 43,783,000 | 65,219,000 | 5,026,000 | 4,500,000 |
| total liabilities | 44,978,000 | 66,138,000 | 96,127,000 | 105,649,000 | 10,284,000 | 6,426,000 |
| net assets | 78,254,000 | 91,442,000 | 75,905,000 | 67,242,000 | 70,448,000 | 31,596,000 |
| total shareholders funds | 78,254,000 | 91,442,000 | 75,905,000 | 67,242,000 | 70,448,000 | 31,596,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -12,364,000 | -6,189,000 | -5,136,000 | -12,229,000 | -24,356,000 | -3,184,000 |
| Depreciation | 157,000 | 184,000 | 187,000 | 100,000 | 35,000 | |
| Amortisation | 8,619,000 | 8,697,000 | 8,598,000 | 8,364,000 | 10,189,000 | |
| Tax | 432,000 | 1,171,000 | -3,650,000 | 3,052,000 | -26,000 | |
| Stock | ||||||
| Debtors | 5,659,000 | -9,845,000 | 12,355,000 | 2,888,000 | 1,730,000 | 268,000 |
| Creditors | 2,350,000 | -3,252,000 | 11,016,000 | 3,723,000 | 1,251,000 | |
| Accruals and Deferred Income | -24,164,000 | 23,744,000 | -71,711,000 | 79,058,000 | 2,081,000 | 1,926,000 |
| Deferred Taxes & Provisions | 654,000 | -802,000 | 3,994,000 | 15,084,000 | 26,000 | |
| Cash flow from operations | -29,975,000 | 33,398,000 | -69,057,000 | 94,264,000 | -12,530,000 | |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -5,375,000 | -19,725,000 | 25,100,000 | |||
| cash flow from investments | 5,375,000 | 19,725,000 | ||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | -25,000,000 | 25,000,000 | ||||
| Long term loans | -24,179,000 | 24,179,000 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -500,000 | -2,000,000 | -2,500,000 | 500,000 | 4,500,000 | |
| share issue | ||||||
| interest | -1,574,000 | 450,000 | -2,575,000 | -2,938,000 | 8,000 | |
| cash flow from financing | -1,256,000 | -29,124,000 | 64,628,000 | 3,333,000 | 60,658,000 | 39,280,000 |
| cash and cash equivalents | ||||||
| cash | -31,330,000 | 4,107,000 | -4,716,000 | 60,000 | 44,138,000 | 4,745,000 |
| overdraft | ||||||
| change in cash | -31,330,000 | 4,107,000 | -4,716,000 | 60,000 | 44,138,000 | 4,745,000 |
uk tote group limited Credit Report and Business Information
Uk Tote Group Limited Competitor Analysis
Perform a competitor analysis for uk tote group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WC2B area or any other competitors across 12 key performance metrics.
uk tote group limited Ownership
UK TOTE GROUP LIMITED group structure
Uk Tote Group Limited has 2 subsidiary companies.
Ultimate parent company
UK TOTE GROUP LIMITED
11119798
2 subsidiaries
uk tote group limited directors
Uk Tote Group Limited currently has 7 directors. The longest serving directors include Mr Alexander Frost (Dec 2017) and Mr Simon Larkin (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Frost | United Kingdom | 49 years | Dec 2017 | - | Director |
| Mr Simon Larkin | United Kingdom | 53 years | Nov 2018 | - | Director |
| Mr John Williamson | United Kingdom | 66 years | Sep 2020 | - | Director |
| Mr Mark Holt | United Kingdom | 52 years | Jul 2022 | - | Director |
| Mr Michael Spencer | England | 69 years | Jul 2022 | - | Director |
| Mr David Hammond | England | 50 years | Nov 2024 | - | Director |
| Mr Thomas Spencer | United Kingdom | 35 years | Nov 2024 | - | Director |
P&L
September 2023turnover
40.5m
-2%
operating profit
-12.4m
+100%
gross margin
83.4%
-1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
78.3m
-0.14%
total assets
123.2m
-0.22%
cash
17m
-0.65%
net assets
Total assets minus all liabilities
uk tote group limited company details
company number
11119798
Type
Private limited with Share Capital
industry
64303 - Activities of venture and development capital companies
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
alizeti capital limited (August 2019)
project frankel limited (December 2017)
accountant
-
auditor
BDO LLP
address
6th floor 6 kean street, london, WC2B 4AS
Bank
-
Legal Advisor
-
uk tote group 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 uk tote group limited.
uk tote group 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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uk tote group limited Companies House Filings - See Documents
| date | description | view/download |
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