vb topco limited
vb topco limited Company Information
Company Number
12405506
Website
-Registered Address
12-18 grosvenor gardens, 5th floor, london, SW1W 0DH
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
vb newco 32.8%
christien jones 30.5%
View Allvb topco limited Estimated Valuation
Pomanda estimates the enterprise value of VB TOPCO LIMITED at £223.8m based on a Turnover of £98m and 2.28x industry multiple (adjusted for size and gross margin).
vb topco limited Estimated Valuation
Pomanda estimates the enterprise value of VB TOPCO LIMITED at £117.2m based on an EBITDA of £13.7m and a 8.53x industry multiple (adjusted for size and gross margin).
vb topco limited Estimated Valuation
Pomanda estimates the enterprise value of VB TOPCO LIMITED at £0 based on Net Assets of £-39.5m and 0.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vb Topco Limited Overview
Vb Topco Limited is a live company located in london, SW1W 0DH with a Companies House number of 12405506. 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 vb newco with a 32.8% stake. Vb Topco Limited is a startup, large sized company, Pomanda has estimated its turnover at £98m with unknown growth in recent years.
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Vb Topco Limited Health Check
Pomanda's financial health check has awarded Vb Topco Limited a 2.5 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 £98m, make it larger than the average company (£19.1m)
£98m - Vb Topco Limited
£19.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vb Topco Limited
- - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (34.7%)
25.1% - Vb Topco Limited
34.7% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (4.6%)
1.5% - Vb Topco Limited
4.6% - Industry AVG
Employees
with 741 employees, this is above the industry average (106)
741 - Vb Topco Limited
106 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has a lower pay structure (£43.1k)
£34.1k - Vb Topco Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £132.2k, this is less efficient (£186.8k)
£132.2k - Vb Topco Limited
£186.8k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (46 days)
40 days - Vb Topco Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (45 days)
47 days - Vb Topco Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (38 days)
17 days - Vb Topco Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (14 weeks)
8 weeks - Vb Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.2%, this is a higher level of debt than the average (69.3%)
141.2% - Vb Topco Limited
69.3% - Industry AVG
VB TOPCO LIMITED financials
Vb Topco Limited's latest turnover from September 2023 is £98 million and the company has net assets of -£39.5 million. According to their latest financial statements, Vb Topco Limited has 741 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Jan 2021 | |
|---|---|---|---|---|
| Turnover | 97,972,000 | 69,136,000 | 33,762,000 | |
| Other Income Or Grants | 0 | 0 | 0 | |
| Cost Of Sales | 73,390,000 | 51,982,000 | 24,212,000 | |
| Gross Profit | 24,582,000 | 17,154,000 | 9,550,000 | |
| Admin Expenses | 23,164,000 | 21,182,000 | 10,831,000 | |
| Operating Profit | 1,418,000 | -4,028,000 | -1,281,000 | |
| Interest Payable | 23,210,000 | 12,520,000 | 6,322,000 | |
| Interest Receivable | 0 | 2,000 | 0 | |
| Pre-Tax Profit | -21,792,000 | -16,546,000 | -7,603,000 | |
| Tax | -146,000 | -951,000 | -247,000 | |
| Profit After Tax | -21,938,000 | -17,497,000 | -7,850,000 | |
| Dividends Paid | 0 | 0 | 0 | |
| Retained Profit | -21,938,000 | -17,497,000 | -7,850,000 | |
| Employee Costs | 25,248,000 | 19,762,000 | 9,149,000 | |
| Number Of Employees | 741 | 703 | 626 | |
| EBITDA* | 13,741,000 | 5,687,000 | 2,925,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 64,150,000 | 69,222,000 | 59,459,000 | 0 |
| Intangible Assets | 10,114,000 | 13,727,000 | 17,645,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 74,264,000 | 82,949,000 | 77,104,000 | 0 |
| Stock & work in progress | 3,561,000 | 3,456,000 | 2,057,000 | 0 |
| Trade Debtors | 10,781,000 | 7,733,000 | 4,949,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,285,000 | 2,326,000 | 3,092,000 | 0 |
| Cash | 4,120,000 | 4,059,000 | 7,501,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 21,747,000 | 17,574,000 | 17,599,000 | 0 |
| total assets | 96,011,000 | 100,523,000 | 94,703,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,593,000 | 7,550,000 | 4,175,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 1,684,000 | 18,519,000 | 15,440,000 | 0 |
| hp & lease commitments | 6,611,000 | 6,432,000 | 4,353,000 | 0 |
| other current liabilities | 6,715,000 | 5,733,000 | 4,634,000 | 0 |
| total current liabilities | 24,603,000 | 38,234,000 | 28,602,000 | 0 |
| loans | 92,836,000 | 55,256,000 | 46,410,000 | 0 |
| hp & lease commitments | 11,630,000 | 18,241,000 | 14,343,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 58,000 | 114,000 | 0 |
| provisions | 6,458,000 | 6,312,000 | 5,315,000 | 0 |
| total long term liabilities | 110,924,000 | 79,867,000 | 66,182,000 | 0 |
| total liabilities | 135,527,000 | 118,101,000 | 94,784,000 | 0 |
| net assets | -39,516,000 | -17,578,000 | -81,000 | 0 |
| total shareholders funds | -39,516,000 | -17,578,000 | -81,000 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 1,418,000 | -4,028,000 | -1,281,000 | |
| Depreciation | 8,262,000 | 5,721,000 | 1,876,000 | 0 |
| Amortisation | 4,061,000 | 3,994,000 | 2,330,000 | 0 |
| Tax | -146,000 | -951,000 | -247,000 | |
| Stock | 105,000 | 1,399,000 | 2,057,000 | 0 |
| Debtors | 4,007,000 | 2,018,000 | 8,041,000 | 0 |
| Creditors | 2,043,000 | 3,375,000 | 4,175,000 | 0 |
| Accruals and Deferred Income | 982,000 | 1,099,000 | 4,634,000 | 0 |
| Deferred Taxes & Provisions | 146,000 | 997,000 | 5,315,000 | 0 |
| Cash flow from operations | 12,654,000 | 6,790,000 | 6,704,000 | |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -16,835,000 | 3,079,000 | 15,440,000 | 0 |
| Long term loans | 37,580,000 | 8,846,000 | 46,410,000 | 0 |
| Hire Purchase and Lease Commitments | -6,432,000 | 5,977,000 | 18,696,000 | 0 |
| other long term liabilities | -58,000 | -56,000 | 114,000 | 0 |
| share issue | ||||
| interest | -23,210,000 | -12,518,000 | -6,322,000 | |
| cash flow from financing | -8,955,000 | 5,328,000 | 82,107,000 | |
| cash and cash equivalents | ||||
| cash | 61,000 | -3,442,000 | 7,501,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 61,000 | -3,442,000 | 7,501,000 | 0 |
vb topco limited Credit Report and Business Information
Vb Topco Limited Competitor Analysis
Perform a competitor analysis for vb topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in SW1W area or any other competitors across 12 key performance metrics.
vb topco limited Ownership
VB TOPCO LIMITED group structure
Vb Topco Limited has no subsidiary companies.
Ultimate parent company
2 parents
VB TOPCO LIMITED
12405506
vb topco limited directors
Vb Topco Limited currently has 5 directors. The longest serving directors include Mr Charles Jones (Feb 2021) and Mr Robin Jones (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Jones | England | 51 years | Feb 2021 | - | Director |
| Mr Robin Jones | England | 56 years | Feb 2021 | - | Director |
| Isabela Menissez | England | 55 years | Jul 2024 | - | Director |
| Valentine Menissez | England | 21 years | Jul 2024 | - | Director |
| Mr Laurent Menissez | England | 58 years | Jul 2024 | - | Director |
P&L
September 2023turnover
98m
+42%
operating profit
1.4m
-135%
gross margin
25.1%
+1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-39.5m
+1.25%
total assets
96m
-0.04%
cash
4.1m
+0.02%
net assets
Total assets minus all liabilities
vb topco limited company details
company number
12405506
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
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
12-18 grosvenor gardens, 5th floor, london, SW1W 0DH
accountant
-
auditor
GRANT THORNTON UK LLP
vb topco 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 vb topco limited. Currently there are 0 open charges and 2 have been satisfied in the past.
vb topco limited Companies House Filings - See Documents
| date | description | view/download |
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