aspen uk buyer limited
aspen uk buyer limited Company Information
Company Number
12395321
Website
-Registered Address
first floor templeback, 10 temple back, bristol, BS1 6FL
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
aspen jersey midco limited 100%
aspen uk buyer limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN UK BUYER LIMITED at £456.4m based on a Turnover of £142.6m and 3.2x industry multiple (adjusted for size and gross margin).
aspen uk buyer limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN UK BUYER LIMITED at £383.1m based on an EBITDA of £31.3m and a 12.25x industry multiple (adjusted for size and gross margin).
aspen uk buyer limited Estimated Valuation
Pomanda estimates the enterprise value of ASPEN UK BUYER LIMITED at £31.2m based on Net Assets of £16.8m and 1.86x industry multiple (adjusted for liquidity).
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Aspen Uk Buyer Limited Overview
Aspen Uk Buyer Limited is a live company located in bristol, BS1 6FL with a Companies House number of 12395321. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2020, it's largest shareholder is aspen jersey midco limited with a 100% stake. Aspen Uk Buyer Limited is a startup, mega sized company, Pomanda has estimated its turnover at £142.6m with rapid growth in recent years.
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Aspen Uk Buyer Limited Health Check
Pomanda's financial health check has awarded Aspen Uk Buyer Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £142.6m, make it larger than the average company (£19m)
£142.6m - Aspen Uk Buyer Limited
£19m - Industry AVG
Growth
3 year (CAGR) sales growth of 1270%, show it is growing at a faster rate (8.8%)
1270% - Aspen Uk Buyer Limited
8.8% - Industry AVG
Production
with a gross margin of 50.5%, this company has a lower cost of product (34.7%)
50.5% - Aspen Uk Buyer Limited
34.7% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (4.6%)
-1.9% - Aspen Uk Buyer Limited
4.6% - Industry AVG
Employees
with 928 employees, this is above the industry average (105)
928 - Aspen Uk Buyer Limited
105 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has a higher pay structure (£43k)
£53.6k - Aspen Uk Buyer Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £153.7k, this is less efficient (£187k)
£153.7k - Aspen Uk Buyer Limited
£187k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (46 days)
49 days - Aspen Uk Buyer Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is quicker than average (45 days)
40 days - Aspen Uk Buyer Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspen Uk Buyer Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (14 weeks)
16 weeks - Aspen Uk Buyer Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (69.3%)
95.6% - Aspen Uk Buyer Limited
69.3% - Industry AVG
ASPEN UK BUYER LIMITED financials
Aspen Uk Buyer Limited's latest turnover from September 2023 is £142.6 million and the company has net assets of £16.8 million. According to their latest financial statements, Aspen Uk Buyer Limited has 928 employees and maintains cash reserves of £18 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Turnover | 142,634,307 | 149,670,123 | 144,842,468 | 55,511 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 70,639,334 | 75,160,226 | 68,014,297 | 29,086 |
| Gross Profit | 71,994,973 | 74,509,896 | 76,828,171 | 26,425 |
| Admin Expenses | 74,710,179 | 86,211,907 | 248,324,950 | 53,892 |
| Operating Profit | -2,715,206 | -11,702,011 | -171,496,779 | -27,467 |
| Interest Payable | 36,841,816 | 30,479,108 | 24,388,845 | 21,592 |
| Interest Receivable | 25,218,347 | 5,537,229 | 0 | 6,731 |
| Pre-Tax Profit | -14,338,674 | -36,643,889 | -187,591,563 | -42,328 |
| Tax | 4,389,727 | 7,146,560 | 8,246,404 | 12,139 |
| Profit After Tax | -9,948,948 | -29,497,330 | -179,345,159 | -30,189 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -9,948,948 | -29,497,330 | -179,345,159 | -30,189 |
| Employee Costs | 49,762,017 | 59,130,537 | 57,963,110 | 22,040 |
| Number Of Employees | 928 | 923 | 709 | 593 |
| EBITDA* | 31,262,959 | 26,157,712 | -118,811,226 | -25,620 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Tangible Assets | 70,823,908 | 103,864,279 | 162,868,238 | 79,504 |
| Intangible Assets | 251,119,227 | 273,079,642 | 385,740,005 | 522,393 |
| Investments & Other | 59,429,783 | 57,981,464 | 0 | 65,638 |
| Debtors (Due After 1 year) | 3,550,109 | 20,929,940 | 74,342,952 | 3,792 |
| Total Fixed Assets | 319,214,577 | 356,898,366 | 474,265,289 | 599,903 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,400,723 | 17,560,478 | 21,868,326 | 17,922 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 22,380,615 | 17,529,846 | 18,070,779 | 8,468 |
| Cash | 17,958,686 | 25,827,835 | 33,313,035 | 29,166 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 59,740,025 | 60,918,159 | 73,252,140 | 55,556 |
| total assets | 378,954,602 | 417,816,525 | 547,517,429 | 655,459 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,843,230 | 7,581,684 | 6,852,881 | 18,415 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 2,356,267 | 2,356,267 | 2,647,603 | 3,000 |
| hp & lease commitments | 1,542,569 | 1,494,659 | 2,486,100 | 1,779 |
| other current liabilities | 43,604,302 | 41,374,487 | 52,993,555 | 24,583 |
| total current liabilities | 55,346,371 | 52,807,100 | 64,980,143 | 47,777 |
| loans | 585,521,519 | 640,970,782 | 719,648,750 | 562,072 |
| hp & lease commitments | 5,320,452 | 6,602,262 | 7,866,031 | 281,036 |
| Accruals and Deferred Income | 13,666,352 | 18,958,529 | 29,549,024 | 0 |
| other liabilities | 408,419 | 353,440 | 1,917,747 | 1,760 |
| provisions | 0 | 0 | 0 | 77,930 |
| total long term liabilities | 306,835,532 | 339,797,360 | 391,291,148 | 321,761 |
| total liabilities | 362,181,903 | 392,604,460 | 456,271,291 | 369,538 |
| net assets | 16,772,699 | 25,212,065 | 91,246,138 | 285,921 |
| total shareholders funds | 16,772,699 | 25,212,064 | 91,246,139 | 285,921 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -2,715,206 | -11,702,011 | -171,496,779 | -27,467 |
| Depreciation | 1,762,488 | 1,357,210 | 2,877,945 | 1,847 |
| Amortisation | 32,215,677 | 36,502,513 | 49,807,607 | 0 |
| Tax | 4,389,727 | 7,146,560 | 8,246,404 | 12,139 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -10,688,816 | -58,261,794 | 114,251,875 | 30,182 |
| Creditors | 261,546 | 728,802 | 6,834,466 | 18,415 |
| Accruals and Deferred Income | -3,062,362 | -22,209,563 | 82,517,996 | 24,583 |
| Deferred Taxes & Provisions | 0 | 0 | -77,930 | 77,930 |
| Cash flow from operations | 43,540,686 | 70,085,305 | -135,542,166 | 77,265 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1,448,319 | 57,981,464 | -65,638 | 65,638 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -291,336 | 2,644,603 | 3,000 |
| Long term loans | -55,449,263 | -78,677,968 | 719,086,678 | 562,072 |
| Hire Purchase and Lease Commitments | -1,233,900 | -2,255,210 | 10,069,316 | 282,815 |
| other long term liabilities | 54,979 | -1,564,307 | 1,915,987 | 1,760 |
| share issue | ||||
| interest | -11,623,469 | -24,941,879 | -24,388,845 | -14,861 |
| cash flow from financing | -66,742,070 | -144,267,445 | 979,633,116 | 1,150,896 |
| cash and cash equivalents | ||||
| cash | -7,869,149 | -7,485,200 | 33,283,869 | 29,166 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -7,869,149 | -7,485,200 | 33,283,869 | 29,166 |
aspen uk buyer limited Credit Report and Business Information
Aspen Uk Buyer Limited Competitor Analysis
Perform a competitor analysis for aspen uk buyer limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in BS1 area or any other competitors across 12 key performance metrics.
aspen uk buyer limited Ownership
ASPEN UK BUYER LIMITED group structure
Aspen Uk Buyer Limited has 2 subsidiary companies.
Ultimate parent company
ASPEN JERSEY MIDCO LTD
#0134229
1 parent
ASPEN UK BUYER LIMITED
12395321
2 subsidiaries
aspen uk buyer limited directors
Aspen Uk Buyer Limited currently has 3 directors. The longest serving directors include Mr Steven Towe (Mar 2020) and Mr David Bertolino (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Towe | United Kingdom | 53 years | Mar 2020 | - | Director |
| Mr David Bertolino | United Kingdom | 52 years | Dec 2021 | - | Director |
| Mr David Bertolino | United Kingdom | 52 years | Dec 2021 | - | Director |
P&L
September 2023turnover
142.6m
-5%
operating profit
-2.7m
-77%
gross margin
50.5%
+1.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
16.8m
-0.33%
total assets
379m
-0.09%
cash
18m
-0.3%
net assets
Total assets minus all liabilities
aspen uk buyer limited company details
company number
12395321
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
January 2020
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
first floor templeback, 10 temple back, bristol, BS1 6FL
Bank
-
Legal Advisor
-
aspen uk buyer 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 4 charges/mortgages relating to aspen uk buyer limited. Currently there are 4 open charges and 0 have been satisfied in the past.
aspen uk buyer limited Companies House Filings - See Documents
| date | description | view/download |
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