Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
unit g, east coate house, 1-3 coate street, london, E2 9AG
Website
-
project prestige topco limitedEstimated Valuation
£43.9m
Pomanda estimates the enterprise value of PROJECT PRESTIGE TOPCO LIMITED at £43.9m based on a Turnover of £31.6m and 1.39x industry multiple (adjusted for size and gross margin).
project prestige topco limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROJECT PRESTIGE TOPCO LIMITED at £0 based on an EBITDA of £-4.2m and a 5.81x industry multiple (adjusted for size and gross margin).
project prestige topco limitedEstimated Valuation
£29.7m
Pomanda estimates the enterprise value of PROJECT PRESTIGE TOPCO LIMITED at £29.7m based on Net Assets of £22.8m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Project Prestige Topco LimitedOverview
Project Prestige Topco Limited is a live company located in london, E2 9AG with a Companies House number of 13074288. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2020, it's largest shareholder is
flywheel l.p. (guernsey crn 3787)
with a 38.8% stake. Project Prestige Topco Limited is a young,
large sized company, Pomanda has estimated its turnover at
£31.6m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Project Prestige Topco Limited a 3 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
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £31.6m, make it larger than the average company (£18.9m)
£31.6m - Project Prestige Topco Limited
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Project Prestige Topco Limited
- - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (36.3%)
16.4% - Project Prestige Topco Limited
36.3% - Industry AVG
Profitability
an operating margin of -23.9% make it less profitable than the average company (4.5%)
-23.9% - Project Prestige Topco Limited
4.5% - Industry AVG
Employees
with 103 employees, this is similar to the industry average (104)
103 - Project Prestige Topco Limited
104 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has a higher pay structure (£44.7k)
£75.3k - Project Prestige Topco Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £306.4k, this is more efficient (£191k)
£306.4k - Project Prestige Topco Limited
£191k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (45 days)
28 days - Project Prestige Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (44 days)
26 days - Project Prestige Topco Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Project Prestige Topco Limited
- - 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 - Project Prestige Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.5%, this is a similar level of debt than the average (69.6%)
66.5% - Project Prestige Topco Limited
69.6% - Industry AVG
PROJECT PRESTIGE TOPCO LIMITED financials
EXPORT
Project Prestige Topco Limited's latest turnover from December 2023 is £31.6 million and the company has net assets of £22.8 million. According to their latest financial statements, Project Prestige Topco Limited has 103 employees and maintains cash reserves of £4.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
31,558,156
99,218,415
106,510,115
Other Income Or Grants
Cost Of Sales
26,383,463
77,586,024
81,916,840
Gross Profit
5,174,693
21,632,391
24,593,275
Admin Expenses
12,734,331
13,590,864
8,734,270
Operating Profit
-7,559,638
8,041,527
15,859,005
Interest Payable
4,038,949
3,354,562
5,913,508
Interest Receivable
Pre-Tax Profit
-11,873,263
3,150,183
9,945,497
Tax
1,165,276
-573,606
-4,164,834
Profit After Tax
-10,707,987
2,576,577
5,780,663
Dividends Paid
Retained Profit
-10,707,987
2,576,577
5,780,663
Employee Costs
7,757,940
8,325,182
3,728,915
Number Of Employees
103
109
71
EBITDA*
-4,175,316
13,590,863
19,685,670
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
11,872,370
13,064,853
10,834,416
Intangible Assets
46,827,918
46,017,068
29,776,864
Investments & Other
1,763,896
3,428
3,428
Debtors (Due After 1 year)
Total Fixed Assets
58,700,288
59,081,921
40,611,280
Stock & work in progress
Trade Debtors
2,474,637
1,766,462
305,476
Group Debtors
Misc Debtors
1,478,699
3,434,561
16,997,640
Cash
4,694,287
7,279,885
31,030,554
misc current assets
1,724,432
total current assets
9,146,257
14,205,340
48,333,670
total assets
67,846,545
73,287,261
88,944,950
Bank overdraft
Bank loan
Trade Creditors
1,935,743
2,314,162
5,144,934
Group/Directors Accounts
other short term finances
18,629,500
hp & lease commitments
550,253
824,521
other current liabilities
13,320,608
5,678,073
31,533,522
total current liabilities
33,885,851
8,542,488
37,502,977
loans
22,242,972
53,317,302
67,814,790
hp & lease commitments
1,307,823
1,752,332
Accruals and Deferred Income
426,038
other liabilities
provisions
155,022
1,578,488
1,528,062
total long term liabilities
11,198,997
27,873,933
34,671,426
total liabilities
45,084,848
36,416,421
72,174,403
net assets
22,761,697
36,870,840
16,770,547
total shareholders funds
22,761,697
36,870,840
16,770,547
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
-7,559,638
8,041,527
15,859,005
Depreciation
2,894,183
2,364,564
1,438,099
Amortisation
490,139
3,184,772
2,388,566
Tax
1,165,276
-573,606
-4,164,834
Stock
Debtors
-1,247,687
-12,102,093
17,303,116
Creditors
-378,419
-2,830,772
5,144,934
Accruals and Deferred Income
7,216,497
-25,429,411
31,533,522
Deferred Taxes & Provisions
-1,423,466
50,426
1,528,062
Cash flow from operations
3,652,259
-3,090,407
36,424,238
Investing Activities
capital expenditure
-3,002,689
-24,019,977
-44,437,945
Change in Investments
1,760,468
3,428
cash flow from investments
-4,763,157
-24,019,977
-44,441,373
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
18,629,500
Long term loans
-31,074,330
-14,497,488
67,814,790
Hire Purchase and Lease Commitments
-1,858,076
-718,777
2,576,853
other long term liabilities
share issue
-3,401,156
17,523,716
10,989,884
interest
-4,038,949
-3,354,562
-5,913,508
cash flow from financing
-21,743,011
-1,047,111
75,468,019
cash and cash equivalents
cash
-2,585,598
-23,750,669
31,030,554
overdraft
change in cash
-2,585,598
-23,750,669
31,030,554
project prestige topco limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for project prestige topco limited. Get real-time insights into project prestige topco limited's credit score, group structure and payment trends.
Perform a competitor analysis for project prestige topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E 2 area or any other competitors across 12 key performance metrics.
project prestige topco limited Ownership
PROJECT PRESTIGE TOPCO LIMITED group structure
Project Prestige Topco Limited has 1 subsidiary company.
The largest shareholders in Project Prestige Topco Limited include Flywheel L.P. (Guernsey Crn 3787) and Jeffrey Richard Burke.
flywheel l.p. (guernsey crn 3787)
38.76%
jeffrey richard burke
16.04%
charles oliver watts
16.04%
kartesia securities v s.a.r.l
5.61%
kartesia iv topco s.a.r.l.
3.75%
john gaffney
2.17%
john tomkins
2.17%
scott buchanan
2.17%
bruce melizan
1.73%
ed cappellina
1.01%
project prestige topco limited directors
Project Prestige Topco Limited currently has 5 directors.
The longest serving directors include
Mr Avital Lobel (Jan 2021) and
Mr Simon Singh (Mar 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
22.8m
-0.38%
total assets
67.8m
-0.07%
cash
4.7m
-0.36%
net assets
Total assets minus all liabilities
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project prestige topco limited company details
company number
13074288
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
December 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
December 2023
previous names
aghoco 2000 limited (January 2021)
accountant
-
auditor
GRANT THORNTON UK LLP
address
unit g, east coate house, 1-3 coate street, london, E2 9AG
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 project prestige topco limited.
project prestige topco limited Capital Raised & Share Issues BETA
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project prestige topco limitedCompanies House Filings - See Documents
