trueman bidco limited
trueman bidco limited Company Information
Company Number
13045882
Next Accounts
Dec 2025
Shareholders
trueman midco limited
Group Structure
View All
Industry
Packaging activities
Registered Address
c/o hanmere blackhorse road, letchworth garden city, hertfordshire, SG6 1HD
Website
-trueman bidco limited Estimated Valuation
Pomanda estimates the enterprise value of TRUEMAN BIDCO LIMITED at £0 based on a Turnover of £0 and 0.58x industry multiple (adjusted for size and gross margin).
trueman bidco limited Estimated Valuation
Pomanda estimates the enterprise value of TRUEMAN BIDCO LIMITED at £0 based on an EBITDA of £-447.3k and a 3.55x industry multiple (adjusted for size and gross margin).
trueman bidco limited Estimated Valuation
Pomanda estimates the enterprise value of TRUEMAN BIDCO LIMITED at £0 based on Net Assets of £-15.7m and 2.46x industry multiple (adjusted for liquidity).
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Trueman Bidco Limited Overview
Trueman Bidco Limited is a live company located in hertfordshire, SG6 1HD with a Companies House number of 13045882. It operates in the packaging activities sector, SIC Code 82920. Founded in November 2020, it's largest shareholder is trueman midco limited with a 100% stake. Trueman Bidco Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Trueman Bidco Limited Health Check
There is insufficient data available to calculate a health check for Trueman Bidco Limited. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Trueman Bidco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
- - Trueman Bidco Limited
- - Industry AVG
Pay Structure
on an average salary of £231.8k, the company has a higher pay structure (£38k)
- - Trueman Bidco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.3%, this is a higher level of debt than the average (64.9%)
- - Trueman Bidco Limited
- - Industry AVG
TRUEMAN BIDCO LIMITED financials
Trueman Bidco Limited's latest turnover from March 2024 is 0 and the company has net assets of -£15.7 million. According to their latest financial statements, Trueman Bidco Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | -447,304 | 455 | 31,443 |
| Interest Payable | 10,399,285 | 8,646,214 | 8,254,982 |
| Interest Receivable | 3,185,748 | 3,375,003 | 3,243,847 |
| Pre-Tax Profit | -6,410,841 | -4,520,756 | -4,979,692 |
| Tax | 183,619 | 2,029 | |
| Profit After Tax | -6,227,222 | -4,518,727 | -4,979,692 |
| Dividends Paid | |||
| Retained Profit | -6,227,222 | -4,518,727 | -4,979,692 |
| Employee Costs | 463,664 | 284,960 | 113,640 |
| Number Of Employees | 2 | 1 | 1 |
| EBITDA* | -447,304 | 871,456 | 31,443 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 33,625,304 | 33,625,304 | 33,625,304 |
| Debtors (Due After 1 year) | 27,005,116 | 30,484,435 | 29,982,788 |
| Total Fixed Assets | 60,630,420 | 64,109,739 | 63,608,092 |
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | 6,560,000 | 6,560,000 | 6,560,000 |
| Misc Debtors | 186,043 | 2,424 | |
| Cash | |||
| misc current assets | |||
| total current assets | 6,746,043 | 6,562,424 | 6,560,000 |
| total assets | 67,376,463 | 70,672,163 | 70,168,092 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | 28,515,411 | 23,389,199 | 21,335,734 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 1,106,416 | 520,570 | 2,293,889 |
| total current liabilities | 29,621,827 | 23,909,769 | 23,629,623 |
| loans | 49,848,281 | 50,207,460 | 48,421,523 |
| hp & lease commitments | |||
| Accruals and Deferred Income | 3,631,995 | 6,053,352 | 3,096,637 |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 53,480,276 | 56,260,812 | 51,518,160 |
| total liabilities | 83,102,103 | 80,170,581 | 75,147,783 |
| net assets | -15,725,640 | -9,498,418 | -4,979,691 |
| total shareholders funds | -15,725,640 | -9,498,418 | -4,979,691 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -447,304 | 455 | 31,443 |
| Depreciation | |||
| Amortisation | 871,001 | ||
| Tax | 183,619 | 2,029 | |
| Stock | |||
| Debtors | -3,295,700 | 504,071 | 36,542,788 |
| Creditors | |||
| Accruals and Deferred Income | -1,835,511 | 1,183,396 | 5,390,526 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 1,196,504 | 1,552,810 | -31,120,819 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 33,625,304 | ||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 5,126,212 | 2,053,465 | 21,335,734 |
| Other Short Term Loans | |||
| Long term loans | -359,179 | 1,785,937 | 48,421,523 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -7,213,537 | -5,271,211 | -5,011,135 |
| cash flow from financing | -2,446,504 | -1,431,809 | 64,746,123 |
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
trueman bidco limited Credit Report and Business Information
Trueman Bidco Limited Competitor Analysis
Perform a competitor analysis for trueman bidco limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other young companies, companies in SG6 area or any other competitors across 12 key performance metrics.
trueman bidco limited Ownership
TRUEMAN BIDCO LIMITED group structure
Trueman Bidco Limited has no subsidiary companies.
Ultimate parent company
2 parents
TRUEMAN BIDCO LIMITED
13045882
trueman bidco limited directors
Trueman Bidco Limited currently has 6 directors. The longest serving directors include Mr Jim Farrell (Feb 2021) and Mr Jim Farrell (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jim Farrell | England | 54 years | Feb 2021 | - | Director |
| Mr Jim Farrell | England | 54 years | Feb 2021 | - | Director |
| Mr Mark Rooney | England | 62 years | Feb 2021 | - | Director |
| Mr Matthew Enright | England | 46 years | Sep 2023 | - | Director |
| Mr Alexander Sheffield | United Kingdom | 47 years | Sep 2023 | - | Director |
| Mr David Butler | England | 38 years | Sep 2023 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
-447.3k
-98409%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-15.7m
+0.66%
total assets
67.4m
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
trueman bidco limited company details
company number
13045882
Type
Private limited with Share Capital
industry
82920 - Packaging activities
incorporation date
November 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
hamsard 3614 limited (February 2021)
accountant
-
auditor
TC GROUP
address
c/o hanmere blackhorse road, letchworth garden city, hertfordshire, SG6 1HD
Bank
-
Legal Advisor
-
trueman 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 2 charges/mortgages relating to trueman bidco limited. Currently there are 2 open charges and 0 have been satisfied in the past.
trueman 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.
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trueman bidco limited Companies House Filings - See Documents
| date | description | view/download |
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