etc.venues bidco limited
etc.venues bidco limited Company Information
Company Number
11376270
Next Accounts
Sep 2025
Industry
Letting and operating of conference and exhibition centres
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
etc.venues newco limited
Group Structure
View All
Contact
Registered Address
prospero house, borough high street, london, SE1 1GA
Website
https://www.etcvenues.co.uketc.venues bidco limited Estimated Valuation
Pomanda estimates the enterprise value of ETC.VENUES BIDCO LIMITED at £0 based on a Turnover of £0 and 1.62x industry multiple (adjusted for size and gross margin).
etc.venues bidco limited Estimated Valuation
Pomanda estimates the enterprise value of ETC.VENUES BIDCO LIMITED at £0 based on an EBITDA of £-15.7k and a 4.55x industry multiple (adjusted for size and gross margin).
etc.venues bidco limited Estimated Valuation
Pomanda estimates the enterprise value of ETC.VENUES BIDCO LIMITED at £81.8m based on Net Assets of £40.4m and 2.03x industry multiple (adjusted for liquidity).
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Etc.venues Bidco Limited Overview
Etc.venues Bidco Limited is a live company located in london, SE1 1GA with a Companies House number of 11376270. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2018, it's largest shareholder is etc.venues newco limited with a 100% stake. Etc.venues Bidco Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Etc.venues Bidco Limited Health Check
Pomanda's financial health check has awarded Etc.Venues Bidco Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 1 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Etc.venues Bidco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (59)
- Etc.venues Bidco Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Etc.venues Bidco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Etc.venues Bidco Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Etc.venues Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.4%, this is a similar level of debt than the average (61.1%)
- - Etc.venues Bidco Limited
- - Industry AVG
ETC.VENUES BIDCO LIMITED financials
Etc.Venues Bidco Limited's latest turnover from December 2023 is 0 and the company has net assets of £40.4 million. According to their latest financial statements, we estimate that Etc.Venues Bidco 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 | 6,500,000 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 6,500,000 | 0 |
| Admin Expenses | 15,670 | 168,600 | 210,433 | 79,903 | 305,004 | -5,949,082 |
| Operating Profit | -15,670 | -168,600 | -210,433 | -79,903 | 6,194,996 | 5,949,082 |
| Interest Payable | 2,296,637 | 3,117,939 | 2,511,862 | 2,905,393 | 2,666,140 | 1,459,926 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -2,312,307 | -3,286,539 | -2,722,295 | -2,985,296 | 3,528,856 | 4,489,156 |
| Tax | 0 | 0 | -20,674 | 0 | 0 | 0 |
| Profit After Tax | -2,312,307 | -3,286,539 | -2,742,969 | -2,985,296 | 3,528,856 | 4,489,156 |
| Dividends Paid | 0 | 0 | 0 | 0 | 4,000,000 | 4,000,000 |
| Retained Profit | -2,312,307 | -3,286,539 | -2,742,969 | -2,985,296 | -471,144 | 489,156 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | ||||||
| EBITDA* | -15,670 | -168,600 | -210,433 | -79,903 | 6,194,996 | 5,949,082 |
* 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 | 84,330,204 | 84,330,204 | 84,330,204 | 84,330,204 | 84,330,204 | 84,330,204 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 84,330,204 | 84,330,204 | 84,330,204 | 84,330,204 | 84,330,204 | 84,330,204 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 26,000,000 | 26,000,000 | 26,000,000 | 31,000,000 | 31,000,000 | 26,062,569 |
| 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 | 26,000,000 | 26,000,000 | 26,000,000 | 31,000,000 | 31,000,000 | 26,062,569 |
| total assets | 110,330,204 | 110,330,204 | 110,330,204 | 115,330,204 | 115,330,204 | 110,392,773 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 2,617,062 | 12,922,629 | 7,941,176 | 15,570,506 | 1,127,484 | 1,196,613 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 50,451,726 | 16,630,216 | 6,025,690 | 12,851,911 | 17,344,710 | 14,685,960 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,770 | 10,800 | 24,224 | 4,517 | 105,923 | 13,182 |
| total current liabilities | 53,083,558 | 29,563,645 | 13,991,090 | 28,426,934 | 18,578,117 | 15,895,755 |
| loans | 16,856,563 | 38,064,169 | 50,350,184 | 38,171,372 | 45,034,893 | 42,308,680 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,856,563 | 38,064,169 | 50,350,184 | 38,171,372 | 45,034,893 | 42,308,680 |
| total liabilities | 69,940,121 | 67,627,814 | 64,341,274 | 66,598,306 | 63,613,010 | 58,204,435 |
| net assets | 40,390,083 | 42,702,390 | 45,988,930 | 48,731,898 | 51,717,194 | 52,188,338 |
| total shareholders funds | 40,390,083 | 42,702,390 | 45,988,930 | 48,731,898 | 51,717,194 | 52,188,338 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -15,670 | -168,600 | -210,433 | -79,903 | 6,194,996 | 5,949,082 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -20,674 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -5,000,000 | 0 | 4,937,431 | 26,062,569 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,970 | -13,424 | 19,707 | -101,406 | 92,741 | 13,182 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -11,700 | -182,024 | 4,788,600 | -181,309 | 1,350,306 | -20,100,305 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 84,330,204 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -10,305,567 | 4,981,453 | -7,629,330 | 14,443,022 | -69,129 | 1,196,613 |
| Group/Directors Accounts | 33,821,510 | 10,604,526 | -6,826,221 | -4,492,799 | 2,658,750 | 14,685,960 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -21,207,606 | -12,286,015 | 12,178,812 | -6,863,521 | 2,726,213 | 42,308,680 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -2,296,637 | -3,117,939 | -2,511,862 | -2,905,393 | -2,666,140 | -1,459,926 |
| cash flow from financing | 11,700 | 182,024 | -4,788,600 | 181,309 | 2,649,694 | 108,430,509 |
| 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 |
etc.venues bidco limited Credit Report and Business Information
Etc.venues Bidco Limited Competitor Analysis
Perform a competitor analysis for etc.venues bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in SE1 area or any other competitors across 12 key performance metrics.
etc.venues bidco limited Ownership
ETC.VENUES BIDCO LIMITED group structure
Etc.Venues Bidco Limited has 1 subsidiary company.
Ultimate parent company
ETC VENUES HOLDCO LLC
#0109220
2 parents
ETC.VENUES BIDCO LIMITED
11376270
1 subsidiary
etc.venues bidco limited directors
Etc.Venues Bidco Limited currently has 2 directors. The longest serving directors include Mr Simon Lee (Apr 2024) and Ms Niamh Martin (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Lee | 61 years | Apr 2024 | - | Director | |
| Ms Niamh Martin | United Kingdom | 39 years | Aug 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-15.7k
-91%
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
40.4m
-0.05%
total assets
110.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
etc.venues bidco limited company details
company number
11376270
Type
Private limited with Share Capital
industry
68202 - Letting and operating of conference and exhibition centres
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
prospero house, borough high street, london, SE1 1GA
Bank
SANTANDER UK PLC
Legal Advisor
-
etc.venues 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 5 charges/mortgages relating to etc.venues bidco limited. Currently there are 4 open charges and 1 have been satisfied in the past.
etc.venues 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.
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etc.venues bidco limited Companies House Filings - See Documents
| date | description | view/download |
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