project cornwall bidco limited
project cornwall bidco limited Company Information
Company Number
12732902
Next Accounts
Sep 2025
Shareholders
project cornwall topco 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
st chads house suite 6, cross keys, lichfield, WS13 6DN
Website
-project cornwall bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT CORNWALL BIDCO LIMITED at £296.3k based on a Turnover of £139.1k and 2.13x industry multiple (adjusted for size and gross margin).
project cornwall bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT CORNWALL BIDCO LIMITED at £2.3m based on an EBITDA of £262.6k and a 8.85x industry multiple (adjusted for size and gross margin).
project cornwall bidco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT CORNWALL BIDCO LIMITED at £0 based on Net Assets of £-2m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Project Cornwall Bidco Limited Overview
Project Cornwall Bidco Limited is a live company located in lichfield, WS13 6DN with a Companies House number of 12732902. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2020, it's largest shareholder is project cornwall topco limited with a 100% stake. Project Cornwall Bidco Limited is a young, micro sized company, Pomanda has estimated its turnover at £139.1k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Project Cornwall Bidco Limited Health Check
Pomanda's financial health check has awarded Project Cornwall Bidco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
5 Weak
Size
annual sales of £139.1k, make it smaller than the average company (£18.9m)
£139.1k - Project Cornwall Bidco Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (10.6%)
41% - Project Cornwall Bidco Limited
10.6% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (36.3%)
100% - Project Cornwall Bidco Limited
36.3% - Industry AVG
Profitability
an operating margin of 188.8% make it more profitable than the average company (4.5%)
188.8% - Project Cornwall Bidco Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (105)
- Project Cornwall Bidco Limited
105 - Industry AVG
Pay Structure
on an average salary of £67k, the company has a higher pay structure (£44.7k)
- Project Cornwall Bidco Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £139.1k, this is less efficient (£191.4k)
- Project Cornwall Bidco Limited
£191.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Project Cornwall Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Project Cornwall Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Project Cornwall Bidco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Project Cornwall Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.6%, this is a higher level of debt than the average (69.6%)
111.6% - Project Cornwall Bidco Limited
69.6% - Industry AVG
PROJECT CORNWALL BIDCO LIMITED financials
Project Cornwall Bidco Limited's latest turnover from December 2023 is £139.1 thousand and the company has net assets of -£2 million. According to their latest financial statements, we estimate that Project Cornwall Bidco Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 139,113 | 156,132 | 161,717 | 49,329 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 |
| Gross Profit | 139,113 | 156,132 | 161,717 | 49,329 |
| Admin Expenses | -123,533 | 141,939 | 147,015 | 44,846 |
| Operating Profit | 262,646 | 14,193 | 14,702 | 4,483 |
| Interest Payable | 1,244,839 | 1,215,466 | 1,174,821 | 443,851 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -982,193 | -1,201,273 | -1,160,119 | 708,634 |
| Tax | 173,303 | 173,302 | 240,725 | 0 |
| Profit After Tax | -808,890 | -1,027,971 | -919,394 | 708,634 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -808,890 | -1,027,971 | -919,394 | 708,634 |
| Employee Costs | 67,025 | 67,405 | 67,062 | 26,691 |
| Number Of Employees | ||||
| EBITDA* | 262,646 | 14,193 | 14,702 | 4,483 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 16,172,438 | 16,172,438 | 16,172,438 | 17,792,213 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,172,438 | 16,172,438 | 16,172,438 | 17,792,213 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 285,923 | 277,083 | 261,870 | 242,706 |
| Misc Debtors | 839,375 | 417,311 | 245,840 | 3,453 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,125,298 | 694,394 | 507,710 | 246,159 |
| total assets | 17,297,736 | 16,866,832 | 16,680,148 | 18,038,372 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 5,198 | 6,000 | 0 |
| Group/Directors Accounts | 79,791 | 79,791 | 79,791 | 79,791 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1,154 | 1,002 | 1,011 | 887 |
| total current liabilities | 80,945 | 85,991 | 86,802 | 80,678 |
| loans | 15,222,475 | 15,198,520 | 15,175,227 | 16,761,066 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,997,794 | 2,776,909 | 1,584,736 | 443,851 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,220,269 | 17,975,429 | 16,759,963 | 17,204,917 |
| total liabilities | 19,301,214 | 18,061,420 | 16,846,765 | 17,285,595 |
| net assets | -2,003,478 | -1,194,588 | -166,617 | 752,777 |
| total shareholders funds | -2,003,478 | -1,194,588 | -166,617 | 752,777 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 262,646 | 14,193 | 14,702 | 4,483 |
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 173,303 | 173,302 | 240,725 | 0 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 430,904 | 186,684 | 261,551 | 246,159 |
| Creditors | -5,198 | -802 | 6,000 | 0 |
| Accruals and Deferred Income | 1,221,037 | 1,192,164 | 1,141,009 | 444,738 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,220,884 | 1,192,173 | 1,140,885 | 203,062 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -1,619,775 | 17,792,213 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 79,791 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 23,955 | 23,293 | -1,585,839 | 16,761,066 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -1,244,839 | -1,215,466 | -1,174,821 | -443,851 |
| cash flow from financing | -1,220,884 | -1,192,173 | -2,760,660 | 16,441,149 |
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
project cornwall bidco limited Credit Report and Business Information
Project Cornwall Bidco Limited Competitor Analysis
Perform a competitor analysis for project cornwall bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WS13 area or any other competitors across 12 key performance metrics.
project cornwall bidco limited Ownership
PROJECT CORNWALL BIDCO LIMITED group structure
Project Cornwall Bidco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
PROJECT CORNWALL BIDCO LIMITED
12732902
1 subsidiary
project cornwall bidco limited directors
Project Cornwall Bidco Limited currently has 9 directors. The longest serving directors include Mr Ian Woodroffe (Jul 2020) and Mrs Beth Houghton (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Woodroffe | England | 55 years | Jul 2020 | - | Director |
| Mrs Beth Houghton | England | 50 years | Aug 2020 | - | Director |
| Ms Alexandra Heasley | England | 44 years | Aug 2020 | - | Director |
| Mr James Gregson | United Kingdom | 44 years | Aug 2020 | - | Director |
| Mr Steven Daniels | United Kingdom | 55 years | Aug 2020 | - | Director |
| Mr Michael Miller | England | 46 years | Aug 2020 | - | Director |
| Mr Mark Wainwright | United Kingdom | 47 years | May 2021 | - | Director |
| Mr James Moir | England | 48 years | Feb 2022 | - | Director |
| Mr James Moir | England | 48 years | Feb 2022 | - | Director |
P&L
December 2023turnover
139.1k
-11%
operating profit
262.6k
+1751%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2m
+0.68%
total assets
17.3m
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
project cornwall bidco limited company details
company number
12732902
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
July 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
st chads house suite 6, cross keys, lichfield, WS13 6DN
Bank
-
Legal Advisor
-
project cornwall bidco 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 project cornwall bidco limited. Currently there are 1 open charges and 0 have been satisfied in the past.
project cornwall bidco 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 PROJECT CORNWALL BIDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
project cornwall bidco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
