ibmg midco limited Company Information
Company Number
11211053
Next Accounts
Sep 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
ibmg topco limited
Group Structure
View All
Contact
Registered Address
unit j1 franklin house, chaucer business park, polegate, east sussex, BN26 6JF
Website
-ibmg midco limited Estimated Valuation
Pomanda estimates the enterprise value of IBMG MIDCO LIMITED at £0 based on a Turnover of £0 and 1.08x industry multiple (adjusted for size and gross margin).
ibmg midco limited Estimated Valuation
Pomanda estimates the enterprise value of IBMG MIDCO LIMITED at £0 based on an EBITDA of £0 and a 4.62x industry multiple (adjusted for size and gross margin).
ibmg midco limited Estimated Valuation
Pomanda estimates the enterprise value of IBMG MIDCO LIMITED at £109.7m based on Net Assets of £87.1m and 1.26x industry multiple (adjusted for liquidity).
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Ibmg Midco Limited Overview
Ibmg Midco Limited is a live company located in polegate, BN26 6JF with a Companies House number of 11211053. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2018, it's largest shareholder is ibmg topco limited with a 100% stake. Ibmg Midco Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Ibmg Midco Limited Health Check
Pomanda's financial health check has awarded Ibmg Midco Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.6%, this is a lower level of debt than the average (69.4%)
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- - Industry AVG
IBMG MIDCO LIMITED financials
Ibmg Midco Limited's latest turnover from December 2023 is 0 and the company has net assets of £87.1 million. According to their latest financial statements, we estimate that Ibmg Midco Limited has 1 employee and maintains cash reserves of 0 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 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Income Or Grants | 0 | |||||
Cost Of Sales | 0 | |||||
Gross Profit | 0 | |||||
Admin Expenses | 0 | |||||
Operating Profit | 0 | -13 | -36,603 | -31,702 | ||
Interest Payable | 6,039,887 | 5,325,089 | 4,927,719 | 4,230,951 | 3,058,268 | 2,042,253 |
Interest Receivable | 0 | 0 | 237,182 | 298,172 | 75,616 | 0 |
Pre-Tax Profit | -6,039,887 | -5,325,102 | 107,503,803 | -3,970,842 | -3,019,255 | -2,073,955 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | -6,039,887 | -5,325,102 | 107,503,803 | -3,970,842 | -3,019,255 | -2,073,955 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -6,039,887 | -5,325,102 | 107,503,803 | -3,970,842 | -3,019,255 | -2,073,955 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | 2 | |||||
EBITDA* | 0 | -13 | -36,603 | -31,702 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 2 | 2 | 2 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 5,373,788 | 5,075,616 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 5,373,790 | 5,075,618 | 2 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 144,260,325 | 144,260,325 | 144,260,350 | 31,816,709 | 31,743,561 | 16,742,558 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 144,260,325 | 144,260,325 | 144,260,350 | 31,816,709 | 31,743,561 | 16,742,558 |
total assets | 144,260,325 | 144,260,325 | 144,260,350 | 37,190,499 | 36,819,179 | 16,742,560 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 11,218,399 | 11,218,399 | 11,218,412 | 10,969,112 | 10,895,964 | 105,998 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 11,218,399 | 11,218,399 | 11,218,412 | 10,969,112 | 10,895,964 | 105,998 |
loans | 42,779,176 | 37,199,283 | 33,274,695 | 35,285,437 | 31,016,423 | 18,710,515 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 3,187,986 | 2,727,992 | 1,327,490 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 45,967,162 | 39,927,275 | 34,602,185 | 35,285,437 | 31,016,423 | 18,710,515 |
total liabilities | 57,185,561 | 51,145,674 | 45,820,597 | 46,254,549 | 41,912,387 | 18,816,513 |
net assets | 87,074,764 | 93,114,651 | 98,439,753 | -9,064,050 | -5,093,208 | -2,073,953 |
total shareholders funds | 87,074,764 | 93,114,651 | 98,439,753 | -9,064,050 | -5,093,208 | -2,073,953 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | 0 | -13 | -36,603 | -31,702 | ||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 0 | -25 | 107,069,853 | 371,320 | 20,076,619 | 16,742,558 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 459,994 | 1,400,502 | 1,327,490 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 459,994 | 1,400,514 | -20,113,222 | -16,774,260 | ||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | -2 | 0 | 0 | 2 |
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -13 | 249,300 | 73,148 | 10,789,966 | 105,998 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 5,579,893 | 3,924,588 | -2,010,742 | 4,269,014 | 12,305,908 | 18,710,515 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | -6,039,887 | -5,325,089 | -4,690,537 | -3,932,779 | -2,982,652 | -2,042,253 |
cash flow from financing | -459,994 | -1,400,514 | -6,451,979 | 409,383 | 20,113,222 | 16,774,262 |
cash and cash equivalents | ||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
ibmg midco limited Credit Report and Business Information
Ibmg Midco Limited Competitor Analysis
Perform a competitor analysis for ibmg midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in BN26 area or any other competitors across 12 key performance metrics.
ibmg midco limited Ownership
IBMG MIDCO LIMITED group structure
Ibmg Midco Limited has no subsidiary companies.
Ultimate parent company
CAIRNGORM CAPITAL PARTNERS II LP
#0132243
2 parents
IBMG MIDCO LIMITED
11211053
ibmg midco limited directors
Ibmg Midco Limited currently has 2 directors. The longest serving directors include Mr Allun Pittingale (Jul 2021) and Mr Richard Robinson (Sep 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Allun Pittingale | United Kingdom | 53 years | Jul 2021 | - | Director |
Mr Richard Robinson | England | 57 years | Sep 2021 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
-100%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
87.1m
-0.06%
total assets
144.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
ibmg midco limited company details
company number
11211053
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
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
cairngorm acquisitions 6 midco limited (February 2021)
accountant
-
auditor
-
address
unit j1 franklin house, chaucer business park, polegate, east sussex, BN26 6JF
Bank
-
Legal Advisor
-
ibmg midco 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 2 charges/mortgages relating to ibmg midco limited. Currently there are 0 open charges and 2 have been satisfied in the past.
ibmg midco 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 IBMG MIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
ibmg midco limited Companies House Filings - See Documents
date | description | view/download |
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