gibson midco ltd
gibson midco ltd Company Information
Company Number
12694129
Next Accounts
Oct 2025
Shareholders
hawk bidco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
glide house, ground floor, build, windmill road, clevedon, north somerset, BS21 6UJ
Website
-gibson midco ltd Estimated Valuation
Pomanda estimates the enterprise value of GIBSON MIDCO LTD at £123.3m based on a Turnover of £40.5m and 3.04x industry multiple (adjusted for size and gross margin).
gibson midco ltd Estimated Valuation
Pomanda estimates the enterprise value of GIBSON MIDCO LTD at £142m based on an EBITDA of £11.2m and a 12.64x industry multiple (adjusted for size and gross margin).
gibson midco ltd Estimated Valuation
Pomanda estimates the enterprise value of GIBSON MIDCO LTD at £0 based on Net Assets of £-163.2m and 1.34x industry multiple (adjusted for liquidity).
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Gibson Midco Ltd Overview
Gibson Midco Ltd is a live company located in clevedon, BS21 6UJ with a Companies House number of 12694129. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in June 2020, it's largest shareholder is hawk bidco limited with a 100% stake. Gibson Midco Ltd is a young, large sized company, Pomanda has estimated its turnover at £40.5m with declining growth in recent years.
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Gibson Midco Ltd Health Check
Pomanda's financial health check has awarded Gibson Midco Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £40.5m, make it larger than the average company (£19.1m)
£40.5m - Gibson Midco Ltd
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (11.3%)
-9% - Gibson Midco Ltd
11.3% - Industry AVG
Production
with a gross margin of 61.5%, this company has a lower cost of product (35%)
61.5% - Gibson Midco Ltd
35% - Industry AVG
Profitability
an operating margin of -20.6% make it less profitable than the average company (4.5%)
-20.6% - Gibson Midco Ltd
4.5% - Industry AVG
Employees
with 282 employees, this is above the industry average (104)
282 - Gibson Midco Ltd
104 - Industry AVG
Pay Structure
on an average salary of £60.5k, the company has a higher pay structure (£44.4k)
£60.5k - Gibson Midco Ltd
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £143.6k, this is less efficient (£191k)
£143.6k - Gibson Midco Ltd
£191k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (44 days)
49 days - Gibson Midco Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (44 days)
92 days - Gibson Midco Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 130 days, this is more than average (37 days)
130 days - Gibson Midco Ltd
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Gibson Midco Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 195.2%, this is a higher level of debt than the average (68.8%)
195.2% - Gibson Midco Ltd
68.8% - Industry AVG
GIBSON MIDCO LTD financials
Gibson Midco Ltd's latest turnover from January 2024 is £40.5 million and the company has net assets of -£163.2 million. According to their latest financial statements, Gibson Midco Ltd has 282 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Turnover | 40,496,000 | 47,539,000 | 53,975,000 | 54,213,000 | 56,877,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 15,573,000 | 21,648,000 | 26,065,000 | 27,783,000 | 28,168,000 |
| Gross Profit | 24,923,000 | 25,891,000 | 27,910,000 | 26,430,000 | 28,709,000 |
| Admin Expenses | 33,276,000 | 51,166,000 | 29,474,000 | 28,259,000 | 27,581,000 |
| Operating Profit | -8,353,000 | -25,275,000 | -1,564,000 | -1,829,000 | 1,128,000 |
| Interest Payable | 10,099,000 | 6,064,000 | 3,806,000 | 1,753,000 | 0 |
| Interest Receivable | 3,281,000 | 1,042,000 | 0 | 1,000 | 2,000 |
| Pre-Tax Profit | -15,171,000 | -30,297,000 | -5,370,000 | -3,581,000 | 1,130,000 |
| Tax | -48,000 | 34,000 | -3,026,000 | -1,691,000 | 182,000 |
| Profit After Tax | -15,219,000 | -30,263,000 | -8,396,000 | -5,272,000 | 1,312,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -15,219,000 | -30,263,000 | -8,396,000 | -5,272,000 | 1,312,000 |
| Employee Costs | 17,049,000 | 18,166,000 | 15,013,000 | 13,409,000 | 12,740,000 |
| Number Of Employees | 282 | 335 | 314 | 307 | 311 |
| EBITDA* | 11,236,000 | -4,923,000 | 13,936,000 | 11,466,000 | 12,295,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 56,304,000 | 50,874,000 | 45,031,000 | 43,237,000 | 38,908,000 |
| Intangible Assets | 15,307,000 | 15,512,000 | 26,977,000 | 20,208,000 | 21,639,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 77,165,000 | 79,832,000 | 80,132,000 | 0 | 0 |
| Total Fixed Assets | 148,776,000 | 146,218,000 | 152,140,000 | 63,445,000 | 60,547,000 |
| Stock & work in progress | 5,568,000 | 6,319,000 | 3,824,000 | 2,334,000 | 1,798,000 |
| Trade Debtors | 5,503,000 | 9,084,000 | 9,418,000 | 8,794,000 | 8,671,000 |
| Group Debtors | 0 | 0 | 0 | 77,044,000 | 2,000 |
| Misc Debtors | 8,434,000 | 8,436,000 | 8,060,000 | 6,953,000 | 6,957,000 |
| Cash | 3,179,000 | 1,122,000 | 7,527,000 | 5,063,000 | 2,543,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,684,000 | 24,961,000 | 28,829,000 | 100,188,000 | 19,971,000 |
| total assets | 171,460,000 | 171,179,000 | 180,969,000 | 163,633,000 | 80,518,000 |
| Bank overdraft | 0 | 9,500,000 | 5,000,000 | 3,500,000 | 2,945,000 |
| Bank loan | 950,000 | 475,000 | 0 | 0 | 0 |
| Trade Creditors | 3,936,000 | 6,274,000 | 8,961,000 | 7,697,000 | 9,705,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,147,000 | 19,648,000 | 20,854,000 | 15,906,000 | 13,832,000 |
| total current liabilities | 23,033,000 | 35,897,000 | 34,815,000 | 27,103,000 | 26,482,000 |
| loans | 311,183,000 | 279,630,000 | 263,901,000 | 244,127,000 | 36,814,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 473,000 | 3,662,000 | 0 | 283,000 | 384,000 |
| total long term liabilities | 311,656,000 | 283,292,000 | 263,901,000 | 244,410,000 | 37,198,000 |
| total liabilities | 334,689,000 | 319,189,000 | 298,716,000 | 271,513,000 | 63,680,000 |
| net assets | -163,229,000 | -148,010,000 | -117,747,000 | -107,880,000 | 16,838,000 |
| total shareholders funds | -163,229,000 | -148,010,000 | -117,747,000 | -107,880,000 | 16,838,000 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -8,353,000 | -25,275,000 | -1,564,000 | -1,829,000 | 1,128,000 |
| Depreciation | 15,660,000 | 14,489,000 | 12,090,000 | 11,312,000 | 9,243,000 |
| Amortisation | 3,929,000 | 5,863,000 | 3,410,000 | 1,983,000 | 1,924,000 |
| Tax | -48,000 | 34,000 | -3,026,000 | -1,691,000 | 182,000 |
| Stock | -751,000 | 2,495,000 | 1,490,000 | 536,000 | 1,798,000 |
| Debtors | -6,250,000 | -258,000 | 4,819,000 | 77,161,000 | 15,630,000 |
| Creditors | -2,338,000 | -2,687,000 | 1,264,000 | -2,008,000 | 9,705,000 |
| Accruals and Deferred Income | -1,501,000 | -1,206,000 | 4,948,000 | 2,074,000 | 13,832,000 |
| Deferred Taxes & Provisions | -3,189,000 | 3,662,000 | -283,000 | -101,000 | 384,000 |
| Cash flow from operations | 11,161,000 | -7,357,000 | 10,530,000 | -67,957,000 | 18,970,000 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 |
| Financing Activities | |||||
| Bank loans | 475,000 | 475,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 31,553,000 | 15,729,000 | 19,774,000 | 207,313,000 | 36,814,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -6,818,000 | -5,022,000 | -3,806,000 | -1,752,000 | 2,000 |
| cash flow from financing | 25,210,000 | 11,182,000 | 14,497,000 | 86,115,000 | 52,342,000 |
| cash and cash equivalents | |||||
| cash | 2,057,000 | -6,405,000 | 2,464,000 | 2,520,000 | 2,543,000 |
| overdraft | -9,500,000 | 4,500,000 | 1,500,000 | 555,000 | 2,945,000 |
| change in cash | 11,557,000 | -10,905,000 | 964,000 | 1,965,000 | -402,000 |
gibson midco ltd Credit Report and Business Information
Gibson Midco Ltd Competitor Analysis
Perform a competitor analysis for gibson midco ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in BS21 area or any other competitors across 12 key performance metrics.
gibson midco ltd Ownership
GIBSON MIDCO LTD group structure
Gibson Midco Ltd has 1 subsidiary company.
Ultimate parent company
PROJECT HAWK TOPCO LTD
#0137408
2 parents
GIBSON MIDCO LTD
12694129
1 subsidiary
gibson midco ltd directors
Gibson Midco Ltd currently has 3 directors. The longest serving directors include Mr Timothy Pilcher (Jul 2020) and Mr Timothy Pilcher (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Pilcher | United Kingdom | 55 years | Jul 2020 | - | Director |
| Mr Timothy Pilcher | England | 55 years | Jul 2020 | - | Director |
| Mrs Paula Benoit | United Kingdom | 54 years | Jul 2023 | - | Director |
P&L
January 2024turnover
40.5m
-15%
operating profit
-8.4m
-67%
gross margin
61.6%
+13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-163.2m
+0.1%
total assets
171.5m
0%
cash
3.2m
+1.83%
net assets
Total assets minus all liabilities
Similar Companies
gibson midco ltd company details
company number
12694129
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
June 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2024
previous names
aghoco 1935 limited (July 2020)
accountant
-
auditor
RSM UK AUDIT LLP
address
glide house, ground floor, build, windmill road, clevedon, north somerset, BS21 6UJ
Bank
-
Legal Advisor
-
gibson midco ltd 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 gibson midco ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
gibson midco ltd 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 GIBSON MIDCO LTD. This can take several minutes, an email will notify you when this has completed.
gibson midco ltd Companies House Filings - See Documents
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