cinch holdco uk limited
cinch holdco uk limited Company Information
Company Number
12838294
Next Accounts
Dec 2025
Shareholders
cinch holdings sarl
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
form 2, 18, bartley wood business park, hook, hampshire, RG27 9XA
Website
cinch.co.ukcinch holdco uk limited Estimated Valuation
Pomanda estimates the enterprise value of CINCH HOLDCO UK LIMITED at £1.2b based on a Turnover of £932.5m and 1.29x industry multiple (adjusted for size and gross margin).
cinch holdco uk limited Estimated Valuation
Pomanda estimates the enterprise value of CINCH HOLDCO UK LIMITED at £0 based on an EBITDA of £-95.3m and a 5.41x industry multiple (adjusted for size and gross margin).
cinch holdco uk limited Estimated Valuation
Pomanda estimates the enterprise value of CINCH HOLDCO UK LIMITED at £161.4m based on Net Assets of £123.7m and 1.31x industry multiple (adjusted for liquidity).
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Cinch Holdco Uk Limited Overview
Cinch Holdco Uk Limited is a live company located in hook, RG27 9XA with a Companies House number of 12838294. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2020, it's largest shareholder is cinch holdings sarl with a 100% stake. Cinch Holdco Uk Limited is a young, mega sized company, Pomanda has estimated its turnover at £932.5m with rapid growth in recent years.
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Cinch Holdco Uk Limited Health Check
Pomanda's financial health check has awarded Cinch Holdco Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £932.5m, make it larger than the average company (£19.1m)
£932.5m - Cinch Holdco Uk Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 150%, show it is growing at a faster rate (11.7%)
150% - Cinch Holdco Uk Limited
11.7% - Industry AVG
Production
with a gross margin of 3.3%, this company has a higher cost of product (34.9%)
3.3% - Cinch Holdco Uk Limited
34.9% - Industry AVG
Profitability
an operating margin of -12.2% make it less profitable than the average company (4.6%)
-12.2% - Cinch Holdco Uk Limited
4.6% - Industry AVG
Employees
with 441 employees, this is above the industry average (105)
441 - Cinch Holdco Uk Limited
105 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.5k)
£44.9k - Cinch Holdco Uk Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £2.1m, this is more efficient (£190.5k)
£2.1m - Cinch Holdco Uk Limited
£190.5k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (45 days)
26 days - Cinch Holdco Uk Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (43 days)
36 days - Cinch Holdco Uk Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is more than average (34 days)
42 days - Cinch Holdco Uk Limited
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (14 weeks)
22 weeks - Cinch Holdco Uk Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.7%, this is a lower level of debt than the average (68.7%)
55.7% - Cinch Holdco Uk Limited
68.7% - Industry AVG
CINCH HOLDCO UK LIMITED financials
Cinch Holdco Uk Limited's latest turnover from March 2024 is £932.5 million and the company has net assets of £123.7 million. According to their latest financial statements, Cinch Holdco Uk Limited has 441 employees and maintains cash reserves of £62.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Apr 2023 | Apr 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 932,500,000 | 1,019,100,000 | 816,100,000 | 59,600,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | 901,700,000 | 1,016,400,000 | 804,900,000 | 59,600,000 |
| Gross Profit | 30,800,000 | 2,700,000 | 11,200,000 | |
| Admin Expenses | 144,900,000 | 175,400,000 | 148,200,000 | 39,400,000 |
| Operating Profit | -114,100,000 | -172,700,000 | -137,000,000 | -39,400,000 |
| Interest Payable | 13,300,000 | 9,600,000 | 4,500,000 | 1,700,000 |
| Interest Receivable | 9,300,000 | 6,300,000 | 2,600,000 | |
| Pre-Tax Profit | -118,200,000 | -176,100,000 | -139,000,000 | -41,100,000 |
| Tax | 15,100,000 | 8,000,000 | 20,200,000 | 3,900,000 |
| Profit After Tax | -103,100,000 | -168,100,000 | -118,800,000 | -37,200,000 |
| Dividends Paid | ||||
| Retained Profit | -102,300,000 | -162,700,000 | -118,500,000 | -37,200,000 |
| Employee Costs | 19,800,000 | 26,100,000 | 14,800,000 | 3,800,000 |
| Number Of Employees | 441 | 501 | 301 | 121 |
| EBITDA* | -95,300,000 | -150,100,000 | -128,800,000 | -38,300,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Apr 2023 | Apr 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 16,700,000 | 43,500,000 | 29,000,000 | 4,700,000 |
| Intangible Assets | 28,300,000 | 35,900,000 | 18,000,000 | 8,400,000 |
| Investments & Other | 12,400,000 | 3,500,000 | 200,000 | |
| Debtors (Due After 1 year) | 11,700,000 | 8,100,000 | 2,000,000 | |
| Total Fixed Assets | 45,000,000 | 79,400,000 | 47,000,000 | 11,100,000 |
| Stock & work in progress | 104,600,000 | 103,200,000 | 189,100,000 | 75,200,000 |
| Trade Debtors | 67,400,000 | 19,700,000 | 12,400,000 | 8,000,000 |
| Group Debtors | 88,700,000 | 122,800,000 | 63,200,000 | |
| Misc Debtors | 23,300,000 | 26,000,000 | 27,300,000 | |
| Cash | 62,300,000 | 96,300,000 | 224,100,000 | 237,400,000 |
| misc current assets | ||||
| total current assets | 234,300,000 | 332,100,000 | 574,400,000 | 411,100,000 |
| total assets | 279,300,000 | 411,500,000 | 621,400,000 | 422,200,000 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 89,100,000 | 16,900,000 | 18,200,000 | 2,100,000 |
| Group/Directors Accounts | ||||
| other short term finances | 37,000,000 | 49,000,000 | ||
| hp & lease commitments | 1,000,000 | 800,000 | 600,000 | |
| other current liabilities | 57,000,000 | 114,800,000 | 148,500,000 | 95,800,000 |
| total current liabilities | 147,100,000 | 169,500,000 | 216,300,000 | 97,900,000 |
| loans | 17,000,000 | 19,000,000 | 19,600,000 | |
| hp & lease commitments | 8,500,000 | 9,500,000 | 9,800,000 | |
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 200,000 | |||
| total long term liabilities | 8,500,000 | 9,500,000 | 9,900,000 | |
| total liabilities | 155,600,000 | 179,000,000 | 226,200,000 | 97,900,000 |
| net assets | 123,700,000 | 232,500,000 | 395,200,000 | 324,300,000 |
| total shareholders funds | 123,700,000 | 232,500,000 | 395,200,000 | 324,300,000 |
| Mar 2024 | Apr 2023 | Apr 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -114,100,000 | -172,700,000 | -137,000,000 | -39,400,000 |
| Depreciation | 3,000,000 | 14,200,000 | 1,700,000 | 200,000 |
| Amortisation | 15,800,000 | 8,400,000 | 6,500,000 | 900,000 |
| Tax | 15,100,000 | 8,000,000 | 20,200,000 | 3,900,000 |
| Stock | 1,400,000 | -85,900,000 | 113,900,000 | 75,200,000 |
| Debtors | -60,700,000 | -21,400,000 | 60,700,000 | 100,500,000 |
| Creditors | 72,200,000 | -1,300,000 | 16,100,000 | 2,100,000 |
| Accruals and Deferred Income | -57,800,000 | -33,700,000 | 52,700,000 | 95,800,000 |
| Deferred Taxes & Provisions | -200,000 | 200,000 | ||
| Cash flow from operations | -6,500,000 | -70,000,000 | -214,200,000 | -112,200,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -12,400,000 | 8,900,000 | 3,300,000 | 200,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | -37,000,000 | -12,000,000 | 49,000,000 | |
| Long term loans | -2,000,000 | -600,000 | 19,600,000 | |
| Hire Purchase and Lease Commitments | -800,000 | -100,000 | 10,400,000 | |
| other long term liabilities | ||||
| share issue | ||||
| interest | -4,000,000 | -3,300,000 | -1,900,000 | -1,700,000 |
| cash flow from financing | -50,300,000 | -16,000,000 | 266,500,000 | 359,800,000 |
| cash and cash equivalents | ||||
| cash | -34,000,000 | -127,800,000 | -13,300,000 | 237,400,000 |
| overdraft | ||||
| change in cash | -34,000,000 | -127,800,000 | -13,300,000 | 237,400,000 |
cinch holdco uk limited Credit Report and Business Information
Cinch Holdco Uk Limited Competitor Analysis
Perform a competitor analysis for cinch holdco uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in RG27 area or any other competitors across 12 key performance metrics.
cinch holdco uk limited Ownership
CINCH HOLDCO UK LIMITED group structure
Cinch Holdco Uk Limited has 2 subsidiary companies.
Ultimate parent company
CINCH HOLDINGS SARL
#0125436
1 parent
CINCH HOLDCO UK LIMITED
12838294
2 subsidiaries
cinch holdco uk limited directors
Cinch Holdco Uk Limited currently has 2 directors. The longest serving directors include Mr Matthew Kelly (Aug 2020) and Mr Timothy Lampert (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Kelly | United Kingdom | 49 years | Aug 2020 | - | Director |
| Mr Timothy Lampert | United Kingdom | 55 years | Dec 2023 | - | Director |
P&L
March 2024turnover
932.5m
-8%
operating profit
-114.1m
-34%
gross margin
3.4%
+1146.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
123.7m
-0.47%
total assets
279.3m
-0.32%
cash
62.3m
-0.35%
net assets
Total assets minus all liabilities
Similar Companies
cinch holdco uk limited company details
company number
12838294
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
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
form 2, 18, bartley wood business park, hook, hampshire, RG27 9XA
Bank
-
Legal Advisor
-
cinch holdco uk 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 did not find charges/mortgages relating to cinch holdco uk limited.
cinch holdco uk 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.
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cinch holdco uk limited Companies House Filings - See Documents
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