london bishopsgate centre limited Company Information
Company Number
11725517
Next Accounts
Sep 2025
Directors
Shareholders
iwg group holdings sarl
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
6th floor, 2 kingdom street, london, W2 6BD
Website
-london bishopsgate centre limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BISHOPSGATE CENTRE LIMITED at £16.9m based on a Turnover of £9.1m and 1.86x industry multiple (adjusted for size and gross margin).
london bishopsgate centre limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BISHOPSGATE CENTRE LIMITED at £11.1m based on an EBITDA of £2.5m and a 4.44x industry multiple (adjusted for size and gross margin).
london bishopsgate centre limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BISHOPSGATE CENTRE LIMITED at £0 based on Net Assets of £-18m and 1.78x industry multiple (adjusted for liquidity).
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London Bishopsgate Centre Limited Overview
London Bishopsgate Centre Limited is a live company located in london, W2 6BD with a Companies House number of 11725517. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 2018, it's largest shareholder is iwg group holdings sarl with a 100% stake. London Bishopsgate Centre Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.1m with rapid growth in recent years.
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London Bishopsgate Centre Limited Health Check
Pomanda's financial health check has awarded London Bishopsgate Centre Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £9.1m, make it larger than the average company (£706.1k)
£9.1m - London Bishopsgate Centre Limited
£706.1k - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (4.1%)
76% - London Bishopsgate Centre Limited
4.1% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 2.8%, this company has a higher cost of product (69.8%)
2.8% - London Bishopsgate Centre Limited
69.8% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -11.5% make it less profitable than the average company (13.9%)
-11.5% - London Bishopsgate Centre Limited
13.9% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 67 employees, this is above the industry average (5)
- London Bishopsgate Centre Limited
5 - Industry AVG
![paystructure](/assets/images/scoreRate-1.png)
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- London Bishopsgate Centre Limited
- - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £135.4k, this is equally as efficient (£153.3k)
- London Bishopsgate Centre Limited
£153.3k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 60 days, this is later than average (41 days)
60 days - London Bishopsgate Centre Limited
41 days - Industry AVG
![creditordays](/assets/images/scoreRate-1.png)
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - London Bishopsgate Centre Limited
- - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - London Bishopsgate Centre Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - London Bishopsgate Centre Limited
- - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 154.7%, this is a higher level of debt than the average (64%)
154.7% - London Bishopsgate Centre Limited
64% - Industry AVG
LONDON BISHOPSGATE CENTRE LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
London Bishopsgate Centre Limited's latest turnover from December 2023 is £9.1 million and the company has net assets of -£18 million. According to their latest financial statements, we estimate that London Bishopsgate Centre Limited has 67 employees 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 | |
---|---|---|---|---|---|
Turnover | 9,072,000 | 7,487,000 | 5,419,000 | 1,650,000 | 0 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 8,814,000 | 8,300,000 | 7,405,000 | 10,545,000 | 429 |
Gross Profit | 258,000 | -813,000 | -1,986,000 | -8,895,000 | -429 |
Admin Expenses | 1,306,000 | 1,673,000 | 1,164,000 | 307,000 | 0 |
Operating Profit | -1,048,000 | -2,486,000 | -3,150,000 | -9,202,000 | -429 |
Interest Payable | 2,128,000 | 1,606,000 | 1,329,000 | 1,238,000 | 313 |
Interest Receivable | 0 | 0 | 2,000 | 17,000 | 4 |
Pre-Tax Profit | -3,176,000 | -4,092,000 | -4,477,000 | -10,423,000 | -738 |
Tax | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | -3,176,000 | -4,092,000 | -4,477,000 | -10,423,000 | -738 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -3,176,000 | -4,092,000 | -4,477,000 | -10,423,000 | -738 |
Employee Costs | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | |||||
EBITDA* | 2,507,000 | 790,000 | 452,000 | -6,631,000 | -426 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
---|---|---|---|---|---|
Tangible Assets | 702,000 | 808,000 | 35,498,000 | 39,176,000 | 47,744 |
Intangible Assets | 28,267,000 | 31,414,000 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 28,969,000 | 32,222,000 | 35,498,000 | 39,176,000 | 47,744 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,493,000 | 1,438,000 | 1,398,000 | 473,000 | 130 |
Group Debtors | 511,000 | 4,334,000 | 5,895,000 | 3,193,000 | 7,321 |
Misc Debtors | 1,996,000 | 1,517,000 | 1,604,000 | 1,158,000 | 1,072 |
Cash | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,000,000 | 7,289,000 | 8,897,000 | 4,824,000 | 8,523 |
total assets | 32,969,000 | 39,511,000 | 44,395,000 | 44,000,000 | 56,267 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 201,000 | 0 |
Group/Directors Accounts | 1,114,000 | 7,403,000 | 4,717,000 | 215,000 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 6,137,000 | 3,874,000 | 3,486,000 | 0 | 0 |
other current liabilities | 5,126,000 | 2,053,000 | 2,217,000 | 2,126,000 | 4,478 |
total current liabilities | 12,377,000 | 13,330,000 | 10,420,000 | 2,542,000 | 4,478 |
loans | 0 | 0 | 0 | 0 | 105,054 |
hp & lease commitments | 38,616,000 | 45,911,000 | 49,613,000 | 52,619,000 | 52,527 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 38,616,000 | 45,911,000 | 49,613,000 | 52,619,000 | 52,527 |
total liabilities | 50,993,000 | 59,241,000 | 60,033,000 | 55,161,000 | 57,005 |
net assets | -18,024,000 | -19,730,000 | -15,638,000 | -11,161,000 | -738 |
total shareholders funds | -18,024,000 | -19,730,000 | -15,638,000 | -11,161,000 | -738 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | -1,048,000 | -2,486,000 | -3,150,000 | -9,202,000 | -429 |
Depreciation | 3,555,000 | 3,276,000 | 3,602,000 | 2,571,000 | 3 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | -3,289,000 | -1,608,000 | 4,073,000 | 4,815,477 | 8,523 |
Creditors | 0 | 0 | -201,000 | 201,000 | 0 |
Accruals and Deferred Income | 3,073,000 | -164,000 | 91,000 | 2,121,522 | 4,478 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 8,869,000 | 2,234,000 | -3,731,000 | -9,123,955 | -4,471 |
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -6,289,000 | 2,686,000 | 4,502,000 | 215,000 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | -105,054 | 105,054 |
Hire Purchase and Lease Commitments | -5,032,000 | -3,314,000 | 480,000 | 52,566,473 | 52,527 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | -2,128,000 | -1,606,000 | -1,327,000 | -1,221,000 | -309 |
cash flow from financing | -8,567,000 | -2,234,000 | 3,655,000 | 50,718,157 | 157,272 |
cash and cash equivalents | |||||
cash | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 |
london bishopsgate centre limited Credit Report and Business Information
London Bishopsgate Centre Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for london bishopsgate centre limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in W 2 area or any other competitors across 12 key performance metrics.
london bishopsgate centre limited Ownership
LONDON BISHOPSGATE CENTRE LIMITED group structure
London Bishopsgate Centre Limited has no subsidiary companies.
Ultimate parent company
IWG PLC
#0078602
IWG GROUP HOLDINGS SARL
#0104720
2 parents
LONDON BISHOPSGATE CENTRE LIMITED
11725517
london bishopsgate centre limited directors
London Bishopsgate Centre Limited currently has 1 director, Mr Gavin Phillips serving since May 2024.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gavin Phillips | England | 40 years | May 2024 | - | Director |
P&L
December 2023turnover
9.1m
+21%
operating profit
-1m
-58%
gross margin
2.9%
-126.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-18m
-0.09%
total assets
33m
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
london bishopsgate centre limited company details
company number
11725517
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
express 191 limited (February 2019)
accountant
-
auditor
KPMG
address
6th floor, 2 kingdom street, london, W2 6BD
Bank
-
Legal Advisor
-
london bishopsgate centre 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 london bishopsgate centre limited. Currently there are 2 open charges and 0 have been satisfied in the past.
london bishopsgate centre 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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london bishopsgate centre limited Companies House Filings - See Documents
date | description | view/download |
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