patriot new bidco 2 limited
patriot new bidco 2 limited Company Information
Company Number
12395273
Next Accounts
Sep 2025
Shareholders
patriot new bidco 1 limited
Group Structure
View All
Industry
Non-trading company
Registered Address
3rd floor audrey house, 16-20 ely place, london, EC1N 6SN
Website
-patriot new bidco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of PATRIOT NEW BIDCO 2 LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
patriot new bidco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of PATRIOT NEW BIDCO 2 LIMITED at £0 based on an EBITDA of £-164.6k and a 4.24x industry multiple (adjusted for size and gross margin).
patriot new bidco 2 limited Estimated Valuation
Pomanda estimates the enterprise value of PATRIOT NEW BIDCO 2 LIMITED at £18.7m based on Net Assets of £14.3m and 1.31x industry multiple (adjusted for liquidity).
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Patriot New Bidco 2 Limited Overview
Patriot New Bidco 2 Limited is a live company located in london, EC1N 6SN with a Companies House number of 12395273. It operates in the non-trading company sector, SIC Code 74990. Founded in January 2020, it's largest shareholder is patriot new bidco 1 limited with a 100% stake. Patriot New Bidco 2 Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Patriot New Bidco 2 Limited Health Check
There is insufficient data available to calculate a health check for Patriot New Bidco 2 Limited. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Patriot New Bidco 2 Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Patriot New Bidco 2 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Patriot New Bidco 2 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Patriot New Bidco 2 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Patriot New Bidco 2 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Patriot New Bidco 2 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Patriot New Bidco 2 Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Patriot New Bidco 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Patriot New Bidco 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Patriot New Bidco 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (33 weeks)
- - Patriot New Bidco 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.1%, this is a higher level of debt than the average (47.9%)
- - Patriot New Bidco 2 Limited
- - Industry AVG
PATRIOT NEW BIDCO 2 LIMITED financials
Patriot New Bidco 2 Limited's latest turnover from December 2023 is 0 and the company has net assets of £14.3 million. According to their latest financial statements, we estimate that Patriot New Bidco 2 Limited has 1 employee and maintains cash reserves of £18.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | 164,646 | |||
| Operating Profit | -164,646 | -2,747,331 | 2,668,819 | -3,042,127 |
| Interest Payable | 9,270,987 | 7,470,989 | 6,857,739 | 7,206,375 |
| Interest Receivable | 4,003,337 | 3,407,878 | 2,408,588 | 2,865,615 |
| Pre-Tax Profit | -2,479,185 | -4,079,408 | 818,593 | -5,136,243 |
| Tax | ||||
| Profit After Tax | -2,479,185 | -4,079,408 | 818,593 | -5,136,243 |
| Dividends Paid | ||||
| Retained Profit | -2,479,185 | -4,079,408 | 818,593 | -5,136,243 |
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* | -164,646 | -2,747,331 | 2,668,819 | -3,042,127 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 64,406,899 | 64,406,899 | ||
| Intangible Assets | ||||
| Investments & Other | 64,406,899 | 64,406,899 | 64,406,899 | 64,406,899 |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 64,406,899 | 64,406,899 | 64,406,899 | 64,406,899 |
| Stock & work in progress | ||||
| Trade Debtors | 59,217,993 | |||
| Group Debtors | 55,410,381 | 55,418,900 | 52,674,328 | |
| Misc Debtors | 127 | 727,519 | 1,428 | |
| Cash | 18,226 | 142,579 | 53,041 | 2,971,481 |
| misc current assets | ||||
| total current assets | 55,428,734 | 56,288,998 | 52,728,797 | 62,189,474 |
| total assets | 119,835,633 | 120,695,897 | 117,135,696 | 126,596,373 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | 41,369,477 | 30,866,926 | ||
| other short term finances | 11,215,907 | 9,016,430 | 4,030,080 | |
| hp & lease commitments | ||||
| other current liabilities | 1,577,693 | 834,898 | 21,893,093 | 15,478,103 |
| total current liabilities | 54,163,077 | 40,718,254 | 21,893,093 | 19,508,183 |
| loans | 51,360,541 | 63,186,443 | 148,743,990 | 174,072,350 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 51,360,541 | 63,186,443 | 74,371,995 | 87,036,175 |
| total liabilities | 105,523,618 | 103,904,697 | 96,265,088 | 106,544,358 |
| net assets | 14,312,015 | 16,791,200 | 20,870,608 | 20,052,015 |
| total shareholders funds | 14,312,015 | 16,791,200 | 20,870,608 | 20,052,015 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -164,646 | -2,747,331 | 2,668,819 | -3,042,127 |
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -735,911 | 3,470,663 | -6,542,237 | 59,217,993 |
| Creditors | ||||
| Accruals and Deferred Income | 742,795 | -21,058,195 | 6,414,990 | 15,478,103 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | 1,314,060 | -27,276,189 | 15,626,046 | -46,782,017 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 64,406,899 | |||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 10,502,551 | 30,866,926 | ||
| Other Short Term Loans | 2,199,477 | 9,016,430 | -4,030,080 | 4,030,080 |
| Long term loans | -11,825,902 | -85,557,547 | -25,328,360 | 174,072,350 |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | -5,267,650 | -4,063,111 | -4,449,151 | -4,340,760 |
| cash flow from financing | -4,391,524 | -49,737,302 | -33,807,591 | 198,949,928 |
| cash and cash equivalents | ||||
| cash | -124,353 | 89,538 | -2,918,440 | 2,971,481 |
| overdraft | ||||
| change in cash | -124,353 | 89,538 | -2,918,440 | 2,971,481 |
patriot new bidco 2 limited Credit Report and Business Information
Patriot New Bidco 2 Limited Competitor Analysis
Perform a competitor analysis for patriot new bidco 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other young companies, companies in EC1N area or any other competitors across 12 key performance metrics.
patriot new bidco 2 limited Ownership
PATRIOT NEW BIDCO 2 LIMITED group structure
Patriot New Bidco 2 Limited has no subsidiary companies.
Ultimate parent company
2 parents
PATRIOT NEW BIDCO 2 LIMITED
12395273
patriot new bidco 2 limited directors
Patriot New Bidco 2 Limited currently has 5 directors. The longest serving directors include Mr Mark Ligertwood (Jan 2020) and Mrs Frances McLeod (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Ligertwood | 52 years | Jan 2020 | - | Director | |
| Mrs Frances McLeod | 59 years | Jan 2020 | - | Director | |
| Mrs Frances McLeod | 59 years | Jan 2020 | - | Director | |
| Mr Tobias Duthie | 56 years | Jan 2020 | - | Director | |
| Mr Gregory Mason | 54 years | Jan 2020 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-164.6k
-94%
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
14.3m
-0.15%
total assets
119.8m
-0.01%
cash
18.2k
-0.87%
net assets
Total assets minus all liabilities
patriot new bidco 2 limited company details
company number
12395273
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
dmwsl 919 limited (January 2020)
accountant
-
auditor
RSM UK AUDIT LLP
address
3rd floor audrey house, 16-20 ely place, london, EC1N 6SN
Bank
-
Legal Advisor
-
patriot new bidco 2 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 1 charges/mortgages relating to patriot new bidco 2 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
patriot new bidco 2 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 PATRIOT NEW BIDCO 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
patriot new bidco 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
