Thredd Bidco Limited

thredd bidco limited Company Information

Company Number

11319802

Next Accounts

Sep 2025

Directors

Cecil Edwards

James McCarthy

Shareholders

gps finco limited

Group Structure

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Industry

Non-trading company

Registered Address

kingsbourne house 229-231 high h, high holborn, london, WC1V 7DA

Website

thredd bidco limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THREDD BIDCO LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).

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Thredd Bidco Limited is a live company located in london, WC1V 7DA with a Companies House number of 11319802. It operates in the non-trading company sector, SIC Code 74990. Founded in April 2018, it's largest shareholder is gps finco limited with a 100% stake. Thredd Bidco Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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There is insufficient data available to calculate a health check for Thredd Bidco Limited. Company Health Check FAQs

Health Rating0out of 5

0 Strong

0 Regular

5 Weak

Size

There is insufficient data available for this Key Performance Indicator!

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (5.9%)

EXPORT

Thredd Bidco Limited's latest turnover from December 2023 is 0 and the company has net assets of -£2.9 million. According to their latest financial statements, we estimate that Thredd Bidco Limited has 1 employee and maintains cash reserves of £85 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		680,000	710,630	21,170,204	16,501,258	6,388,829
Other Income Or Grants
Cost Of Sales		446,361	487,317	14,323,702	11,089,531	4,285,838
Gross Profit		233,639	223,313	6,846,502	5,411,727	2,102,991
Admin Expenses	390,000	140,639	21,733	5,286,364	2,754,963	2,566,267
Operating Profit	-390,000	93,000	201,580	1,560,138	2,656,764	-463,276
Interest Payable	774,000	571,000	3,840,062	5,671,710	4,550,349	1,833,267
Interest Receivable	713,000	543,000	29,495
Pre-Tax Profit	-451,000	65,000	-3,731,350	-4,379,066	-3,196,447	-2,712,783
Tax				578,536	443,181	199,399
Profit After Tax	-451,000	65,000	-3,731,350	-3,800,530	-2,753,266	-2,513,384
Dividends Paid
Retained Profit	-451,000	65,000	-3,731,350	-3,800,530	-2,753,266	-2,513,384
Employee Costs	355,000	430,000	323,703	7,044,149	4,091,898	2,080,004
Number Of Employees	1	3	3	119	87	78
EBITDA*	-390,000	93,000	201,580	6,214,396	5,837,821	1,099,788

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Tangible Assets	74,112,000	74,112,000	74,111,579	15,801,245	18,929,899	834,024
Intangible Assets				66,309,694	63,642,986	76,058,227
Investments & Other	74,112,000	74,112,000	74,111,579
Debtors (Due After 1 year)
Total Fixed Assets	74,112,000	74,112,000	74,111,579	82,110,939	82,572,885	76,892,251
Stock & work in progress
Trade Debtors				1,561,455	1,825,801	2,178,204
Group Debtors	817,000	768,000	734,419	16,378,490	1,652,842	7,500
Misc Debtors	217,000	215,000	167,918	3,124,806	2,529,077	2,008,212
Cash	85,000	131,000	247,853	1,525,647	4,396,980	721,275
misc current assets
total current assets	1,119,000	1,114,000	1,150,190	23,052,217	10,538,457	4,915,191
total assets	75,231,000	75,226,000	75,261,769	105,163,156	93,111,342	81,807,442
Bank overdraft
Bank loan				780,000	600,000	738,369
Trade Creditors			19,344	1,492,374	1,612,217	521,151
Group/Directors Accounts	33,528,000	33,528,000	33,528,354	33,528,354	33,528,354	33,528,354
other short term finances
hp & lease commitments				360,208	917,479
other current liabilities	3,594,000	3,138,000	3,218,777	25,673,268	10,711,198	1,770,936
total current liabilities	37,122,000	36,666,000	36,766,475	61,834,204	47,369,248	36,558,810
loans				95,810,678	56,962,871	52,966,217
hp & lease commitments				98,249	1,066,813
Accruals and Deferred Income
other liabilities	41,024,000	41,024,000	41,024,285
provisions				8,192,958	8,199,816	9,027,052
total long term liabilities	41,024,000	41,024,000	41,024,285	52,001,818	50,631,630	47,762,015
total liabilities	78,146,000	77,690,000	77,790,760	113,836,022	98,000,878	84,320,825
net assets	-2,915,000	-2,464,000	-2,528,991	-8,672,866	-4,889,536	-2,513,383
total shareholders funds	-2,915,000	-2,464,000	-2,528,991	-8,672,866	-4,889,536	-2,513,383

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Operating Activities
Operating Profit	-390,000	93,000	201,580	1,560,138	2,656,764	-463,276
Depreciation				410,637	338,092	143,264
Amortisation				4,243,621	2,842,965	1,419,800
Tax				578,536	443,181	199,399
Stock
Debtors	51,000	80,663	-20,162,414	15,057,031	1,813,804	4,193,916
Creditors		-19,344	-1,473,030	-119,843	1,091,066	521,151
Accruals and Deferred Income	456,000	-80,777	-22,454,491	14,962,070	8,940,262	1,770,936
Deferred Taxes & Provisions			-8,192,958	-6,858	-827,236	9,027,052
Cash flow from operations	15,000	-87,784	-11,756,485	6,571,270	13,671,290	8,424,410
Investing Activities
capital expenditure		-421	7,999,360	-4,192,312	-8,861,691	-78,455,315
Change in Investments		421	74,111,579
cash flow from investments		-842	-66,112,219	-4,192,312	-8,861,691	-78,455,315
Financing Activities
Bank loans			-780,000	180,000	-138,369	738,369
Group/Directors Accounts		-354				33,528,354
Other Short Term Loans
Long term loans			-95,810,678	38,847,807	3,996,654	52,966,217
Hire Purchase and Lease Commitments			-458,457	-1,525,835	1,984,292
other long term liabilities		-285	41,024,285
share issue		-9	9,875,225	17,200	377,113	1
interest	-61,000	-28,000	-3,810,567	-5,671,710	-4,550,349	-1,833,267
cash flow from financing	-61,000	-28,648	-49,960,192	31,847,462	1,669,341	85,399,674
cash and cash equivalents
cash	-46,000	-116,853	-1,277,794	-2,871,333	3,675,705	721,275
overdraft
change in cash	-46,000	-116,853	-1,277,794	-2,871,333	3,675,705	721,275

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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THREDD BIDCO LIMITED group structure

Thredd Bidco Limited has no subsidiary companies.

Ultimate parent company

AUXO TOPCO JERSEY LTD

#0141895

THREDD FINCO LIMITED

11319827

2 parents

THREDD BIDCO LIMITED

11319802

THREDD BIDCO LIMITED Shareholders

gps finco limited

100%

Thredd Bidco Limited currently has 2 directors. The longest serving directors include Mr Cecil Edwards (Sep 2022) and Mr James McCarthy (Oct 2023).

officer	country	age	start	end	role
Mr Cecil Edwards	England	46 years	Sep 2022	-	Director
Mr James McCarthy	England	60 years	Oct 2023	-	Director

P&L

December 2023

turnover

-100%

operating profit

-390k

-519%

gross margin

turnover

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

Balance Sheet

December 2023

net assets

-2.9m

+0.18%

total assets

75.2m

cash

85k

-0.35%

net assets

Total assets minus all liabilities

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company number

11319802

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

April 2018

ultimate parent company

AUXO TOPCO JERSEY LTD

previous names

gps bidco limited (April 2023)

george bidco limited (May 2019)

address

kingsbourne house 229-231 high h, high holborn, london, WC1V 7DA

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 thredd bidco limited. Currently there are 0 open charges and 1 have been satisfied in the past.

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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thredd bidco limited Company Information

thredd bidco limited Estimated Valuation

thredd bidco limited Estimated Valuation

thredd bidco limited Estimated Valuation

Thredd Bidco Limited Overview

Thredd Bidco Limited Health Check

THREDD BIDCO LIMITED financials

thredd bidco limited Credit Report and Business Information

Thredd Bidco Limited Competitor Analysis

thredd bidco limited Ownership

thredd bidco limited directors

thredd bidco limited company details

thredd bidco limited Charges & Mortgages

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thredd bidco limited Companies House Filings - See Documents