planets uk midco limited Company Information
Company Number
12487859
Next Accounts
Dec 2025
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
planets holdco limited
Group Structure
View All
Contact
Registered Address
duo, level 6 280 bishopsgate, london, EC2M 4RB
Website
-planets uk midco limited Estimated Valuation
Pomanda estimates the enterprise value of PLANETS UK MIDCO LIMITED at £1.4b based on a Turnover of £579.4m and 2.35x industry multiple (adjusted for size and gross margin).
planets uk midco limited Estimated Valuation
Pomanda estimates the enterprise value of PLANETS UK MIDCO LIMITED at £1.3b based on an EBITDA of £130.5m and a 10.02x industry multiple (adjusted for size and gross margin).
planets uk midco limited Estimated Valuation
Pomanda estimates the enterprise value of PLANETS UK MIDCO LIMITED at £959.5m based on Net Assets of £761.5m and 1.26x industry multiple (adjusted for liquidity).
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Planets Uk Midco Limited Overview
Planets Uk Midco Limited is a live company located in london, EC2M 4RB with a Companies House number of 12487859. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2020, it's largest shareholder is planets holdco limited with a 100% stake. Planets Uk Midco Limited is a startup, mega sized company, Pomanda has estimated its turnover at £579.4m with high growth in recent years.
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Planets Uk Midco Limited Health Check
Pomanda's financial health check has awarded Planets Uk Midco Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £579.4m, make it larger than the average company (£19.5m)
£579.4m - Planets Uk Midco Limited
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (11.7%)
19% - Planets Uk Midco Limited
11.7% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
34.8% - Planets Uk Midco Limited
34.8% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (4.7%)
5.7% - Planets Uk Midco Limited
4.7% - Industry AVG
Employees
with 994 employees, this is above the industry average (106)
994 - Planets Uk Midco Limited
106 - Industry AVG
Pay Structure
on an average salary of £81.9k, the company has a higher pay structure (£44.8k)
£81.9k - Planets Uk Midco Limited
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £582.9k, this is more efficient (£193.7k)
£582.9k - Planets Uk Midco Limited
£193.7k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (45 days)
37 days - Planets Uk Midco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (43 days)
38 days - Planets Uk Midco Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is more than average (35 days)
57 days - Planets Uk Midco Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (14 weeks)
31 weeks - Planets Uk Midco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.5%, this is a higher level of debt than the average (68.1%)
83.5% - Planets Uk Midco Limited
68.1% - Industry AVG
PLANETS UK MIDCO LIMITED financials
Planets Uk Midco Limited's latest turnover from March 2024 is £579.4 million and the company has net assets of £761.5 million. According to their latest financial statements, Planets Uk Midco Limited has 994 employees and maintains cash reserves of £149.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|
Turnover | 579,400,000 | 672,100,000 | 555,400,000 | 347,100,000 |
Other Income Or Grants | ||||
Cost Of Sales | ||||
Gross Profit | ||||
Admin Expenses | ||||
Operating Profit | 33,100,000 | 108,900,000 | -21,600,000 | -38,800,000 |
Interest Payable | 132,200,000 | 118,200,000 | 375,900,000 | 106,400,000 |
Interest Receivable | 110,200,000 | 35,500,000 | 19,100,000 | 14,700,000 |
Pre-Tax Profit | 46,700,000 | 34,300,000 | -377,800,000 | -123,300,000 |
Tax | -64,900,000 | -23,600,000 | -26,100,000 | 7,400,000 |
Profit After Tax | -18,200,000 | 10,700,000 | -403,900,000 | -115,900,000 |
Dividends Paid | 112,000,000 | 290,000,000 | 765,000,000 | 0 |
Retained Profit | -192,700,000 | -357,400,000 | -1,227,500,000 | -150,000,000 |
Employee Costs | 81,400,000 | 70,400,000 | 101,700,000 | 94,000,000 |
Number Of Employees | 994 | 1,014 | 1,856 | 2,687 |
EBITDA* | 130,500,000 | 207,700,000 | 239,900,000 | 82,800,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|
Tangible Assets | 2,477,100,000 | 2,386,300,000 | 2,350,900,000 | 2,459,800,000 |
Intangible Assets | 1,731,000,000 | 1,744,900,000 | 1,692,600,000 | 1,969,900,000 |
Investments & Other | 732,700,000 | 675,000,000 | 601,400,000 | 483,400,000 |
Debtors (Due After 1 year) | 341,500,000 | 305,400,000 | 267,100,000 | 278,000,000 |
Total Fixed Assets | 4,208,100,000 | 4,131,200,000 | 4,043,500,000 | 4,429,700,000 |
Stock & work in progress | 59,100,000 | 48,600,000 | 39,400,000 | 37,000,000 |
Trade Debtors | 59,800,000 | 49,100,000 | 73,100,000 | 104,100,000 |
Group Debtors | 23,300,000 | 26,800,000 | 18,700,000 | 8,500,000 |
Misc Debtors | 86,100,000 | 102,300,000 | 164,400,000 | 144,500,000 |
Cash | 149,100,000 | 161,100,000 | 190,800,000 | 122,400,000 |
misc current assets | 23,000,000 | 22,000,000 | 4,100,000 | 0 |
total current assets | 400,400,000 | 409,900,000 | 490,500,000 | 420,000,000 |
total assets | 4,608,500,000 | 4,541,100,000 | 4,534,000,000 | 4,849,700,000 |
Bank overdraft | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 |
Trade Creditors | 40,300,000 | 25,900,000 | 24,100,000 | 21,100,000 |
Group/Directors Accounts | 0 | 0 | 6,000,000 | 0 |
other short term finances | 82,600,000 | 143,200,000 | 144,400,000 | 20,200,000 |
hp & lease commitments | 5,100,000 | 3,700,000 | 3,400,000 | 10,400,000 |
other current liabilities | 117,400,000 | 192,700,000 | 249,300,000 | 183,000,000 |
total current liabilities | 245,400,000 | 365,500,000 | 427,200,000 | 234,700,000 |
loans | 5,604,900,000 | 5,748,900,000 | 5,709,500,000 | 5,191,900,000 |
hp & lease commitments | 63,900,000 | 57,200,000 | 50,600,000 | 86,500,000 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 |
provisions | 755,600,000 | 613,200,000 | 633,200,000 | 939,200,000 |
total long term liabilities | 3,601,600,000 | 3,613,100,000 | 3,597,800,000 | 3,390,100,000 |
total liabilities | 3,847,000,000 | 3,978,600,000 | 4,025,000,000 | 3,624,800,000 |
net assets | 761,500,000 | 562,500,000 | 509,000,000 | 1,224,900,000 |
total shareholders funds | 761,500,000 | 562,500,000 | 509,000,000 | 1,224,900,000 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | 33,100,000 | 108,900,000 | -21,600,000 | -38,800,000 |
Depreciation | 49,000,000 | 44,600,000 | 77,100,000 | 85,000,000 |
Amortisation | 48,400,000 | 54,200,000 | 184,400,000 | 36,600,000 |
Tax | -64,900,000 | -23,600,000 | -26,100,000 | 7,400,000 |
Stock | 10,500,000 | 9,200,000 | 2,400,000 | 37,000,000 |
Debtors | 27,100,000 | -39,700,000 | -11,800,000 | 535,100,000 |
Creditors | 14,400,000 | 1,800,000 | 3,000,000 | 21,100,000 |
Accruals and Deferred Income | -75,300,000 | -56,600,000 | 66,300,000 | 183,000,000 |
Deferred Taxes & Provisions | 142,400,000 | -20,000,000 | -306,000,000 | 939,200,000 |
Cash flow from operations | 109,500,000 | 139,800,000 | -13,500,000 | 661,400,000 |
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | 57,700,000 | 73,600,000 | 118,000,000 | 483,400,000 |
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -6,000,000 | 6,000,000 | 0 |
Other Short Term Loans | -60,600,000 | -1,200,000 | 124,200,000 | 20,200,000 |
Long term loans | -144,000,000 | 39,400,000 | 517,600,000 | 5,191,900,000 |
Hire Purchase and Lease Commitments | 8,100,000 | 6,900,000 | -42,900,000 | 96,900,000 |
other long term liabilities | 0 | 0 | 0 | 0 |
share issue | ||||
interest | -22,000,000 | -82,700,000 | -356,800,000 | -91,700,000 |
cash flow from financing | 173,200,000 | 367,300,000 | 759,700,000 | 6,592,200,000 |
cash and cash equivalents | ||||
cash | -12,000,000 | -29,700,000 | 68,400,000 | 122,400,000 |
overdraft | 0 | 0 | 0 | 0 |
change in cash | -12,000,000 | -29,700,000 | 68,400,000 | 122,400,000 |
planets uk midco limited Credit Report and Business Information
Planets Uk Midco Limited Competitor Analysis
Perform a competitor analysis for planets uk midco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2M area or any other competitors across 12 key performance metrics.
planets uk midco limited Ownership
PLANETS UK MIDCO LIMITED group structure
Planets Uk Midco Limited has 1 subsidiary company.
Ultimate parent company
KKR PLANETS AGGREGATOR LP
#0161738
PLANETS HOLDCO LTD
#0129968
2 parents
PLANETS UK MIDCO LIMITED
12487859
1 subsidiary
planets uk midco limited directors
Planets Uk Midco Limited currently has 2 directors. The longest serving directors include Ms Tara Davies (Feb 2020) and Mr James Gordon (Feb 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Tara Davies | United Kingdom | 47 years | Feb 2020 | - | Director |
Mr James Gordon | England | 39 years | Feb 2020 | - | Director |
P&L
March 2024turnover
579.4m
-14%
operating profit
33.1m
-70%
gross margin
34.9%
-1.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
761.5m
+0.35%
total assets
4.6b
+0.01%
cash
149.1m
-0.07%
net assets
Total assets minus all liabilities
Similar Companies
planets uk midco limited company details
company number
12487859
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
February 2020
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
vino uk midco limited (March 2020)
accountant
-
auditor
ERNST & YOUNG LLP
address
duo, level 6 280 bishopsgate, london, EC2M 4RB
Bank
-
Legal Advisor
-
planets uk midco 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 planets uk midco limited. Currently there are 1 open charges and 1 have been satisfied in the past.
planets uk midco 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 PLANETS UK MIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
planets uk midco limited Companies House Filings - See Documents
date | description | view/download |
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